AIAI.L vs. WTAI

Last updated Jun 5, 2026

AIAI.L (L&G Artificial Intelligence UCITS ETF) and WTAI (WisdomTree Artificial Intelligence and Innovation Fund) are both Technology Equities funds - AIAI.L tracks the MSCI World/Information Tech NR USD while WTAI tracks the WisdomTree Artificial Intelligence & Innovation Index. Both are passively managed. Over the past 3 years, AIAI.L returned 38.01%/yr vs 36.38%/yr for WTAI. A 0.66 correlation means they provide meaningful diversification when combined. AIAI.L charges 0.49%/yr vs 0.45%/yr for WTAI.

Performance

AIAI.L vs. WTAI - Performance Comparison

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

Returns By Period

In the year-to-date period, AIAI.L achieves a 42.35% return, which is significantly lower than WTAI's 57.45% return.

AIAI.L

• 1D: -1.83%
• 1M: 20.66%
• YTD: 42.35%
• 6M: 40.34%
• 1Y: 77.74%
• 3Y*: 38.01%
• 5Y*: 18.10%
• 10Y*: —

WTAI

• 1D: -1.48%
• 1M: 19.79%
• YTD: 57.45%
• 6M: 56.30%
• 1Y: 105.11%
• 3Y*: 36.38%
• 5Y*: —
• 10Y*: —

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

AIAI.L vs. WTAI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AIAI.L L&G Artificial Intelligence UCITS ETF	42.35%	30.30%	18.45%	59.58%	-40.29%	-0.68%
WTAI WisdomTree Artificial Intelligence and Innovation Fund	57.45%	34.83%	6.53%	46.32%	-42.27%	-0.83%

Correlation

The correlation between AIAI.L and WTAI is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.73
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (All Time) Calculated using the full available price history since Dec 10, 2021	0.66

The correlation between AIAI.L and WTAI has been stable across timeframes, ranging from 0.66 to 0.73 - a consistent structural relationship.

AIAI.L vs. WTAI - Sectors Allocation Comparison

Sectors	AIAI.L	WTAI
Technology	71.5%	71.6%
Communication Services	10.3%	7.2%
Consumer Cyclical	9.2%	8.3%
Healthcare	5.7%	-
Financial Services	1.3%	3.8%
Industrials	1.1%	5.6%
Real Estate	0.9%	-
Basic Materials	-	-
Consumer Defensive	-	0.4%
Energy	-	-
Utilities	-	0.9%

Return for Risk

AIAI.L vs. WTAI — 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: 83
AIAI.L Sharpe Ratio Rank: 89
AIAI.L Sortino Ratio Rank: 83
AIAI.L Omega Ratio Rank: 78
AIAI.L Calmar Ratio Rank: 86
AIAI.L Martin Ratio Rank: 77

WTAI

WTAI Risk / Return Rank: 92
WTAI Sharpe Ratio Rank: 95
WTAI Sortino Ratio Rank: 90
WTAI Omega Ratio Rank: 89
WTAI Calmar Ratio Rank: 93
WTAI Martin Ratio Rank: 91

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. WTAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for L&G Artificial Intelligence UCITS ETF (AIAI.L) and WisdomTree Artificial Intelligence and Innovation Fund (WTAI). 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.

	AIAI.L	WTAI	Difference
Sharpe ratio: Return per unit of total volatility	3.00	3.72	-0.72
Sortino ratio: Return per unit of downside risk	3.68	4.17	-0.49
Omega ratio: Gain probability vs. loss probability	1.46	1.55	-0.09
Calmar ratio: Return relative to maximum drawdown	4.73	6.85	-2.12
Martin ratio: Return relative to average drawdown	14.60	21.87	-7.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AIAI.L vs. WTAI - Sharpe Ratio Comparison

The current AIAI.L Sharpe Ratio is 3.00, which is comparable to the WTAI Sharpe Ratio of 3.72. The chart below compares the historical Sharpe Ratios of AIAI.L and WTAI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AIAI.L	WTAI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.00	3.72	-0.72
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	0.50	+0.27

Drawdowns

AIAI.L vs. WTAI - Drawdown Comparison

The maximum AIAI.L drawdown since its inception was -49.61%, which is greater than WTAI's maximum drawdown of -45.92%. Use the drawdown chart below to compare losses from any high point for AIAI.L and WTAI.

Drawdown Indicators

	AIAI.L	WTAI	Difference
Max Drawdown Largest peak-to-trough decline	-49.61%	-45.92%	-3.69%
Max Drawdown (1Y) Largest decline over 1 year	-16.80%	-15.42%	-1.38%
Max Drawdown (3Y) Largest decline over 3 years	-29.96%	-31.83%	+1.87%
Max Drawdown (5Y) Largest decline over 5 years	-49.61%	—	—
Current Drawdown Current decline from peak	-1.83%	-2.36%	+0.53%
Average Drawdown Average peak-to-trough decline	-14.16%	-19.79%	+5.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.45%	4.82%	+0.63%

Volatility

AIAI.L vs. WTAI - Volatility Comparison

L&G Artificial Intelligence UCITS ETF (AIAI.L) and WisdomTree Artificial Intelligence and Innovation Fund (WTAI) have volatilities of 10.67% and 10.70%, 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.

Volatility by Period

	AIAI.L	WTAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.67%	10.70%	-0.03%
Volatility (6M) Calculated over the trailing 6-month period	20.49%	22.78%	-2.29%
Volatility (1Y) Calculated over the trailing 1-year period	26.55%	28.43%	-1.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.59%	30.98%	-2.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.81%	30.98%	-2.17%

AIAI.L vs. WTAI - Expense Ratio Comparison

AIAI.L has a 0.49% expense ratio, which is higher than WTAI's 0.45% expense ratio.

Dividends

AIAI.L vs. WTAI - Dividend Comparison

AIAI.L has not paid dividends to shareholders, while WTAI's dividend yield for the trailing twelve months is around 1.15%.

Position	TTM	2025	2024	2023	2022
AIAI.L L&G Artificial Intelligence UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%
WTAI WisdomTree Artificial Intelligence and Innovation Fund	1.15%	1.81%	0.19%	0.24%	0.22%

Frequently Asked Questions

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

AIAI.L and WTAI have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AIAI.L or WTAI?

On fees, WTAI is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AIAI.L or WTAI?

WTAI is cheaper with a 0.45% expense ratio, compared with 0.49% for AIAI.L.

What is the main difference between AIAI.L and WTAI?

AIAI.L tracks MSCI World/Information Tech NR USD, while WTAI tracks WisdomTree Artificial Intelligence & Innovation Index. They also come from different issuers: Legal & General and WisdomTree. Their fees differ too: 0.49% for AIAI.L and 0.45% for WTAI.