AIAA.DE vs. XAIX.DE

Last updated Jun 5, 2026

AIAA.DE (iShares AI Adopters & Applications UCITS ETF USD (Acc)) and XAIX.DE (Xtrackers Artificial Intelligence & Big Data UCITS ETF) are both Technology Equities funds - AIAA.DE tracks the STOXX Global AI Adopters and Applications Index while XAIX.DE tracks the Nasdaq Global Artificial Intelligence and Big Data. Both are passively managed. Over the past year, AIAA.DE returned 6.16% vs 62.15% for XAIX.DE. A 0.75 correlation means they provide meaningful diversification when combined. Both charge a 0.35% expense ratio.

Performance

AIAA.DE vs. XAIX.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares AI Adopters & Applications UCITS ETF USD (Acc) (AIAA.DE) and Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIAA.DE achieves a -1.50% return, which is significantly lower than XAIX.DE's 37.21% return.

AIAA.DE

• 1D: 1.37%
• 1M: 5.90%
• YTD: -1.50%
• 6M: -0.98%
• 1Y: 6.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XAIX.DE

• 1D: -2.02%
• 1M: 18.07%
• YTD: 37.21%
• 6M: 38.87%
• 1Y: 62.15%
• 3Y*: 36.02%
• 5Y*: 22.22%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AIAA.DE vs. XAIX.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AIAA.DE iShares AI Adopters & Applications UCITS ETF USD (Acc)	-1.50%	5.44%	-1.65%
XAIX.DE Xtrackers Artificial Intelligence & Big Data UCITS ETF	37.21%	15.25%	-2.96%

Correlation

The correlation between AIAA.DE and XAIX.DE is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (All Time) Calculated using the full available price history since Dec 10, 2024	0.75

The correlation between AIAA.DE and XAIX.DE has been stable across timeframes, ranging from 0.65 to 0.75 - a consistent structural relationship.

Return for Risk

AIAA.DE vs. XAIX.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AIAA.DE

AIAA.DE Risk / Return Rank: 16
AIAA.DE Sharpe Ratio Rank: 16
AIAA.DE Sortino Ratio Rank: 16
AIAA.DE Omega Ratio Rank: 16
AIAA.DE Calmar Ratio Rank: 15
AIAA.DE Martin Ratio Rank: 15

XAIX.DE

XAIX.DE Risk / Return Rank: 86
XAIX.DE Sharpe Ratio Rank: 89
XAIX.DE Sortino Ratio Rank: 88
XAIX.DE Omega Ratio Rank: 85
XAIX.DE Calmar Ratio Rank: 88
XAIX.DE Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AIAA.DE vs. XAIX.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares AI Adopters & Applications UCITS ETF USD (Acc) (AIAA.DE) and Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AIAA.DE	XAIX.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.46	3.03	-2.57
Sortino ratio: Return per unit of downside risk	0.74	3.97	-3.23
Omega ratio: Gain probability vs. loss probability	1.09	1.51	-0.43
Calmar ratio: Return relative to maximum drawdown	0.46	5.11	-4.65
Martin ratio: Return relative to average drawdown	1.20	14.72	-13.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AIAA.DE vs. XAIX.DE - Sharpe Ratio Comparison

The current AIAA.DE Sharpe Ratio is 0.46, which is lower than the XAIX.DE Sharpe Ratio of 3.03. The chart below compares the historical Sharpe Ratios of AIAA.DE and XAIX.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AIAA.DE	XAIX.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.46	3.03	-2.57
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.06	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	1.08	-1.00

Drawdowns

AIAA.DE vs. XAIX.DE - Drawdown Comparison

The maximum AIAA.DE drawdown since its inception was -24.42%, smaller than the maximum XAIX.DE drawdown of -33.08%. Use the drawdown chart below to compare losses from any high point for AIAA.DE and XAIX.DE.

Drawdown Indicators

	AIAA.DE	XAIX.DE	Difference
Max Drawdown Largest peak-to-trough decline	-24.42%	-33.08%	+8.66%
Max Drawdown (1Y) Largest decline over 1 year	-13.31%	-12.10%	-1.21%
Max Drawdown (3Y) Largest decline over 3 years	—	-27.61%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-33.08%	—
Current Drawdown Current decline from peak	-4.34%	-3.11%	-1.23%
Average Drawdown Average peak-to-trough decline	-7.45%	-7.39%	-0.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.12%	4.21%	+0.91%

Volatility

AIAA.DE vs. XAIX.DE - Volatility Comparison

The current volatility for iShares AI Adopters & Applications UCITS ETF USD (Acc) (AIAA.DE) is 3.63%, while Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.DE) has a volatility of 8.63%. This indicates that AIAA.DE experiences smaller price fluctuations and is considered to be less risky than XAIX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIAA.DE	XAIX.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.63%	8.63%	-5.00%
Volatility (6M) Calculated over the trailing 6-month period	10.08%	16.15%	-6.07%
Volatility (1Y) Calculated over the trailing 1-year period	13.43%	20.43%	-7.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.46%	20.73%	-3.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.46%	21.30%	-3.84%

AIAA.DE vs. XAIX.DE - Expense Ratio Comparison

Both AIAA.DE and XAIX.DE have an expense ratio of 0.35%.

Dividends

AIAA.DE vs. XAIX.DE - Dividend Comparison

Neither AIAA.DE nor XAIX.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both AIAA.DE and XAIX.DE in my portfolio?

AIAA.DE and XAIX.DE have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AIAA.DE or XAIX.DE?

Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AIAA.DE or XAIX.DE?

AIAA.DE and XAIX.DE have the same expense ratio: 0.35% per year.

What is the main difference between AIAA.DE and XAIX.DE?

AIAA.DE tracks STOXX Global AI Adopters and Applications Index, while XAIX.DE tracks Nasdaq Global Artificial Intelligence and Big Data. They also come from different issuers: iShares and Xtrackers.