AIAG.L vs. UBTL.L
Compare and contrast key facts about L&G Artificial Intelligence UCITS ETF (AIAG.L) and UBS ETF (LU) Bloomberg TIPS 10+ UCITS ETF (USD) A-dis (UBTL.L).
AIAG.L and UBTL.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AIAG.L is a passively managed fund by Legal & General that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Jun 26, 2019. UBTL.L is a passively managed fund by UBS that tracks the performance of the Bloomberg Gbl Infl Linked US TIPS TR USD. It was launched on Sep 30, 2016. Both AIAG.L and UBTL.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AIAG.L or UBTL.L.
Key characteristics
| AIAG.L | UBTL.L | |
|---|---|---|
| YTD Return | 6.60% | -4.68% |
| 1Y Return | 39.30% | -11.30% |
| 3Y Return (Ann) | 9.05% | -10.88% |
| Sharpe Ratio | 0.78 | -0.83 |
| Daily Std Dev | 48.22% | 14.18% |
| Max Drawdown | -41.56% | -43.83% |
| Current Drawdown | -20.70% | -41.30% |
Correlation
The correlation between AIAG.L and UBTL.L is 0.05, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AIAG.L vs. UBTL.L - Performance Comparison
In the year-to-date period, AIAG.L achieves a 6.60% return, which is significantly higher than UBTL.L's -4.68% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AIAG.L vs. UBTL.L - Expense Ratio Comparison
AIAG.L has a 0.49% expense ratio, which is higher than UBTL.L's 0.20% expense ratio.
Risk-Adjusted Performance
AIAG.L vs. UBTL.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Artificial Intelligence UCITS ETF (AIAG.L) and UBS ETF (LU) Bloomberg TIPS 10+ UCITS ETF (USD) A-dis (UBTL.L). 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.
Dividends
AIAG.L vs. UBTL.L - Dividend Comparison
Neither AIAG.L nor UBTL.L has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
AIAG.L L&G Artificial Intelligence UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UBTL.L UBS ETF (LU) Bloomberg TIPS 10+ UCITS ETF (USD) A-dis | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.00% |
Drawdowns
AIAG.L vs. UBTL.L - Drawdown Comparison
The maximum AIAG.L drawdown since its inception was -41.56%, smaller than the maximum UBTL.L drawdown of -43.83%. Use the drawdown chart below to compare losses from any high point for AIAG.L and UBTL.L. For additional features, visit the drawdowns tool.
Volatility
AIAG.L vs. UBTL.L - Volatility Comparison
L&G Artificial Intelligence UCITS ETF (AIAG.L) has a higher volatility of 7.68% compared to UBS ETF (LU) Bloomberg TIPS 10+ UCITS ETF (USD) A-dis (UBTL.L) at 3.78%. This indicates that AIAG.L's price experiences larger fluctuations and is considered to be riskier than UBTL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.