AIAI.L vs. MSTR

Last updated Jun 14, 2026

AIAI.L (L&G Artificial Intelligence UCITS ETF) is Technology Equities fund tracking the MSCI World/Information Tech NR USD, while MSTR (Strategy Inc) is a stock. Over the past 5 years, AIAI.L returned 16.36%/yr vs 19.14%/yr for MSTR. At a 0.37 correlation, their price movements are largely independent.

Performance

AIAI.L vs. MSTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in L&G Artificial Intelligence UCITS ETF (AIAI.L) and Strategy Inc (MSTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIAI.L achieves a 35.30% return, which is significantly higher than MSTR's -18.41% return.

AIAI.L

• 1D: 4.04%
• 1M: 7.88%
• YTD: 35.30%
• 6M: 35.16%
• 1Y: 67.09%
• 3Y*: 33.97%
• 5Y*: 16.36%
• 10Y*: —

MSTR

• 1D: 3.18%
• 1M: -30.13%
• YTD: -18.41%
• 6M: -29.74%
• 1Y: -67.62%
• 3Y*: 63.46%
• 5Y*: 19.14%
• 10Y*: 20.92%

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

AIAI.L vs. MSTR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
AIAI.L L&G Artificial Intelligence UCITS ETF	35.30%	30.31%	18.47%	59.57%	-40.29%	9.81%	68.60%	7.32%
MSTR Strategy Inc	-18.41%	-47.53%	358.54%	346.15%	-74.00%	40.13%	172.42%	1.76%

Correlation

The correlation between AIAI.L and MSTR is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (5Y) Calculated over the trailing 5-year period	0.37
Correlation (All Time) Calculated using the full available price history since Jun 26, 2019	0.37

Return for Risk

AIAI.L vs. MSTR — Risk / Return Rank

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

AIAI.L

AIAI.L Risk / Return Rank: 78
AIAI.L Sharpe Ratio Rank: 84
AIAI.L Sortino Ratio Rank: 78
AIAI.L Omega Ratio Rank: 74
AIAI.L Calmar Ratio Rank: 83
AIAI.L Martin Ratio Rank: 71

MSTR

MSTR Risk / Return Rank: 8
MSTR Sharpe Ratio Rank: 6
MSTR Sortino Ratio Rank: 4
MSTR Omega Ratio Rank: 7
MSTR Calmar Ratio Rank: 8
MSTR Martin Ratio Rank: 13

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.

AIAI.L vs. MSTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for L&G Artificial Intelligence UCITS ETF (AIAI.L) and Strategy Inc (MSTR). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AIAI.L	MSTR	Difference
Sharpe ratio: Return per unit of total volatility	2.37	-0.95	+3.32
Sortino ratio: Return per unit of downside risk	3.03	-1.71	+4.74
Omega ratio: Gain probability vs. loss probability	1.38	0.82	+0.56
Calmar ratio: Return relative to maximum drawdown	3.86	-0.88	+4.74
Martin ratio: Return relative to average drawdown	11.59	-1.27	+12.86

AIAI.L vs. MSTR - Sharpe Ratio Comparison

The current AIAI.L Sharpe Ratio is 2.37, which is higher than the MSTR Sharpe Ratio of -0.95. The chart below compares the historical Sharpe Ratios of AIAI.L and MSTR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AIAI.L vs. MSTR - Drawdown Comparison

The maximum AIAI.L drawdown since its inception was -49.61%, smaller than the maximum MSTR drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for AIAI.L and MSTR.

Drawdown Indicators

	AIAI.L	MSTR	Difference
Max Drawdown Largest peak-to-trough decline	-49.61%	-99.86%	+50.25%
Max Drawdown (1Y) Largest decline over 1 year	-16.80%	-76.53%	+59.73%
Max Drawdown (3Y) Largest decline over 3 years	-29.94%	-77.42%	+47.48%
Max Drawdown (5Y) Largest decline over 5 years	-49.61%	-84.11%	+34.50%
Max Drawdown (10Y) Largest decline over 10 years	—	-89.27%	—
Current Drawdown Current decline from peak	-6.67%	-73.84%	+67.17%
Average Drawdown Average peak-to-trough decline	-14.08%	-86.45%	+72.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.61%	53.01%	-47.40%

Volatility

AIAI.L vs. MSTR - Volatility Comparison

The current volatility for L&G Artificial Intelligence UCITS ETF (AIAI.L) is 11.38%, while Strategy Inc (MSTR) has a volatility of 21.60%. This indicates that AIAI.L experiences smaller price fluctuations and is considered to be less risky than MSTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIAI.L	MSTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.38%	21.60%	-10.22%
Volatility (6M) Calculated over the trailing 6-month period	21.68%	57.34%	-35.66%
Volatility (1Y) Calculated over the trailing 1-year period	27.39%	71.15%	-43.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.73%	90.79%	-62.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.81%	73.80%	-44.99%

Dividends

AIAI.L vs. MSTR - Dividend Comparison

Neither AIAI.L nor MSTR has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both AIAI.L and MSTR in my portfolio?

AIAI.L and MSTR have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.