AIAI.L vs. GOAI.DE
Compare and contrast key facts about L&G Artificial Intelligence UCITS ETF (AIAI.L) and Amundi MSCI Robotics & AI ESG Screened UCITS ETF Acc (GOAI.DE).
AIAI.L and GOAI.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AIAI.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. GOAI.DE is a passively managed fund by Amundi that tracks the performance of the MSCI ACWI IMI Robotics & AI ESG Filtered. It was launched on Sep 11, 2018. Both AIAI.L and GOAI.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: AIAI.L or GOAI.DE.
Correlation
The correlation between AIAI.L and GOAI.DE is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AIAI.L vs. GOAI.DE - Performance Comparison
Key characteristics
AIAI.L:
0.38
GOAI.DE:
0.04
AIAI.L:
0.67
GOAI.DE:
0.20
AIAI.L:
1.09
GOAI.DE:
1.03
AIAI.L:
0.34
GOAI.DE:
0.02
AIAI.L:
1.10
GOAI.DE:
0.07
AIAI.L:
9.17%
GOAI.DE:
9.15%
AIAI.L:
27.88%
GOAI.DE:
23.40%
AIAI.L:
-49.61%
GOAI.DE:
-34.25%
AIAI.L:
-14.57%
GOAI.DE:
-17.44%
Returns By Period
In the year-to-date period, AIAI.L achieves a -4.19% return, which is significantly higher than GOAI.DE's -12.81% return.
AIAI.L
-4.19%
16.42%
-2.98%
10.61%
14.07%
N/A
GOAI.DE
-12.81%
10.00%
-10.55%
0.85%
11.87%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AIAI.L vs. GOAI.DE - Expense Ratio Comparison
AIAI.L has a 0.49% expense ratio, which is higher than GOAI.DE's 0.35% expense ratio.
Risk-Adjusted Performance
AIAI.L vs. GOAI.DE — Risk-Adjusted Performance Rank
AIAI.L
GOAI.DE
AIAI.L vs. GOAI.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Artificial Intelligence UCITS ETF (AIAI.L) and Amundi MSCI Robotics & AI ESG Screened UCITS ETF Acc (GOAI.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
AIAI.L vs. GOAI.DE - Dividend Comparison
Neither AIAI.L nor GOAI.DE has paid dividends to shareholders.
Drawdowns
AIAI.L vs. GOAI.DE - Drawdown Comparison
The maximum AIAI.L drawdown since its inception was -49.61%, which is greater than GOAI.DE's maximum drawdown of -34.25%. Use the drawdown chart below to compare losses from any high point for AIAI.L and GOAI.DE. For additional features, visit the drawdowns tool.
Volatility
AIAI.L vs. GOAI.DE - Volatility Comparison
L&G Artificial Intelligence UCITS ETF (AIAI.L) and Amundi MSCI Robotics & AI ESG Screened UCITS ETF Acc (GOAI.DE) have volatilities of 12.25% and 12.08%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.