AIAG.L vs. XAIX.DE
Compare and contrast key facts about L&G Artificial Intelligence UCITS ETF (AIAG.L) and Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.DE).
AIAG.L and XAIX.DE 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. XAIX.DE is a passively managed fund by Xtrackers that tracks the performance of the Nasdaq Global Artificial Intelligence and Big Data. It was launched on Jan 29, 2019. Both AIAG.L and XAIX.DE 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 XAIX.DE.
Correlation
The correlation between AIAG.L and XAIX.DE is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AIAG.L vs. XAIX.DE - Performance Comparison
Key characteristics
AIAG.L:
0.65
XAIX.DE:
2.16
AIAG.L:
1.19
XAIX.DE:
2.83
AIAG.L:
1.23
XAIX.DE:
1.40
AIAG.L:
0.87
XAIX.DE:
2.79
AIAG.L:
1.34
XAIX.DE:
9.62
AIAG.L:
18.44%
XAIX.DE:
4.09%
AIAG.L:
37.87%
XAIX.DE:
18.08%
AIAG.L:
-41.56%
XAIX.DE:
-33.08%
AIAG.L:
-7.40%
XAIX.DE:
-1.05%
Returns By Period
In the year-to-date period, AIAG.L achieves a 24.48% return, which is significantly lower than XAIX.DE's 38.64% return.
AIAG.L
24.48%
8.20%
16.96%
25.59%
17.48%
N/A
XAIX.DE
38.64%
4.51%
13.84%
39.60%
20.73%
N/A
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AIAG.L vs. XAIX.DE - Expense Ratio Comparison
AIAG.L has a 0.49% expense ratio, which is higher than XAIX.DE's 0.35% expense ratio.
Risk-Adjusted Performance
AIAG.L vs. XAIX.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Artificial Intelligence UCITS ETF (AIAG.L) 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.
Dividends
AIAG.L vs. XAIX.DE - Dividend Comparison
Neither AIAG.L nor XAIX.DE has paid dividends to shareholders.
Drawdowns
AIAG.L vs. XAIX.DE - Drawdown Comparison
The maximum AIAG.L drawdown since its inception was -41.56%, which is greater than XAIX.DE's maximum drawdown of -33.08%. Use the drawdown chart below to compare losses from any high point for AIAG.L and XAIX.DE. For additional features, visit the drawdowns tool.
Volatility
AIAG.L vs. XAIX.DE - Volatility Comparison
L&G Artificial Intelligence UCITS ETF (AIAG.L) has a higher volatility of 5.48% compared to Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.DE) at 4.05%. This indicates that AIAG.L's price experiences larger fluctuations and is considered to be riskier than XAIX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.