AIAI.L vs. INTL.L
Compare and contrast key facts about L&G Artificial Intelligence UCITS ETF (AIAI.L) and WisdomTree Artificial Intelligence UCITS ETF - USD Acc (INTL.L).
AIAI.L and INTL.L 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. INTL.L is a passively managed fund by WisdomTree that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Nov 30, 2018. Both AIAI.L and INTL.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: AIAI.L or INTL.L.
Key characteristics
| AIAI.L | INTL.L | |
|---|---|---|
| YTD Return | 4.42% | 1.80% |
| 1Y Return | 40.48% | 34.90% |
| 3Y Return (Ann) | 4.81% | 7.93% |
| Sharpe Ratio | 1.77 | 1.52 |
| Daily Std Dev | 22.52% | 21.69% |
| Max Drawdown | -49.61% | -37.71% |
| Current Drawdown | -9.33% | -4.52% |
Correlation
The correlation between AIAI.L and INTL.L is 0.89, 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
AIAI.L vs. INTL.L - Performance Comparison
In the year-to-date period, AIAI.L achieves a 4.42% return, which is significantly higher than INTL.L's 1.80% 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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AIAI.L vs. INTL.L - Expense Ratio Comparison
AIAI.L has a 0.49% expense ratio, which is higher than INTL.L's 0.40% expense ratio.
Risk-Adjusted Performance
AIAI.L vs. INTL.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Artificial Intelligence UCITS ETF (AIAI.L) and WisdomTree Artificial Intelligence UCITS ETF - USD Acc (INTL.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
AIAI.L vs. INTL.L - Dividend Comparison
Neither AIAI.L nor INTL.L has paid dividends to shareholders.
Drawdowns
AIAI.L vs. INTL.L - Drawdown Comparison
The maximum AIAI.L drawdown since its inception was -49.61%, which is greater than INTL.L's maximum drawdown of -37.71%. Use the drawdown chart below to compare losses from any high point for AIAI.L and INTL.L. For additional features, visit the drawdowns tool.
Volatility
AIAI.L vs. INTL.L - Volatility Comparison
L&G Artificial Intelligence UCITS ETF (AIAI.L) and WisdomTree Artificial Intelligence UCITS ETF - USD Acc (INTL.L) have volatilities of 7.69% and 7.85%, 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.