AINF.L vs. IAIX.L
AINF.L (iShares AI Infrastructure UCITS ETF USD (Acc)) and IAIX.L (Invesco Artificial Intelligence Enablers UCITS ETF Acc) are both Artificial Intelligence funds - AINF.L tracks the STOXX Global AI Infrastructure Net Index while IAIX.L tracks the S&P Kensho Global AI Enablers Screened Index. Both are passively managed. Over the past year, AINF.L returned 67.02% vs 41.68% for IAIX.L. Their correlation of 0.86 means they have usually moved in the same direction. Both charge a 0.35% expense ratio.
Performance
AINF.L vs. IAIX.L - Performance Comparison
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Different Trading Currencies
AINF.L is traded in GBP, while IAIX.L is traded in GBp. To make them comparable, the IAIX.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, AINF.L achieves a 38.00% return, which is significantly higher than IAIX.L's 19.98% return.
AINF.L
- 1D
- 0.00%
- 1M
- -11.37%
- 6M
- 29.00%
- YTD
- 38.00%
- 1Y
- 67.02%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 46.54%
IAIX.L
- 1D
- 0.00%
- 1M
- -3.32%
- 6M
- 16.85%
- YTD
- 19.98%
- 1Y
- 41.68%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 1,508.15%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| £1.05M | £1.47M | £2.79M | |
| £1.01K | £1.17K | £2.21K |
AINF.L vs. IAIX.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AINF.L iShares AI Infrastructure UCITS ETF USD (Acc) | 38.00% | 34.74% | 0.43% |
IAIX.L Invesco Artificial Intelligence Enablers UCITS ETF Acc | 19.98% | 20.04% | 0.16% |
Correlation
The correlation between AINF.L and IAIX.L is 0.84, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.84 |
Correlation (All Time) Calculated using the full available price history since Dec 9, 2024 | 0.86 |
The correlation between AINF.L and IAIX.L has been stable across timeframes, ranging from 0.84 to 0.86 - a consistent structural relationship.
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Return for Risk
AINF.L vs. IAIX.L — Risk / Return Rank
AINF.L
IAIX.L
AINF.L vs. IAIX.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares AI Infrastructure UCITS ETF USD (Acc) (AINF.L) and Invesco Artificial Intelligence Enablers UCITS ETF Acc (IAIX.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.
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.
| AINF.L | IAIX.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.52 | ||
| Sortino ratioReturn per unit of downside risk | +0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.26 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.27 | 1.23 | +1.05 |
| Martin ratioReturn relative to average drawdown | 4.08 | 2.00 | +2.08 |
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Drawdowns
AINF.L vs. IAIX.L - Drawdown Comparison
The maximum AINF.L drawdown since its inception was -29.48%, smaller than the maximum IAIX.L drawdown of -33.97%. Use the drawdown chart below to compare losses from any high point for AINF.L and IAIX.L.
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Drawdown Indicators
| AINF.L | IAIX.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.48% | -33.97% | +4.49% |
Max Drawdown (1Y)Largest decline over 1 year | -29.48% | -33.97% | +4.49% |
Current DrawdownCurrent decline from peak | -15.17% | -16.34% | +1.17% |
Average DrawdownAverage peak-to-trough decline | -11.03% | -14.03% | +3.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.41% | 20.81% | -4.40% |
Volatility
AINF.L vs. IAIX.L - Volatility Comparison
iShares AI Infrastructure UCITS ETF USD (Acc) (AINF.L) and Invesco Artificial Intelligence Enablers UCITS ETF Acc (IAIX.L) have volatilities of 9.56% and 9.27%, 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.
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Volatility by Period
| AINF.L | IAIX.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.56% | 9.27% | +0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 21.95% | 21.99% | -0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.63% | 51.63% | -1.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.54% | 5,793.86% | -5,750.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.54% | 5,793.86% | -5,750.32% |
AINF.L vs. IAIX.L - Expense Ratio Comparison
Both AINF.L and IAIX.L have an expense ratio of 0.35%.
Dividends
AINF.L vs. IAIX.L - Dividend Comparison
Neither AINF.L nor IAIX.L has paid dividends to shareholders.
Frequently Asked Questions
AINF.L and IAIX.L have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
AINF.L and IAIX.L have the same expense ratio: 0.35% per year.
AINF.L tracks STOXX Global AI Infrastructure Net Index, while IAIX.L tracks S&P Kensho Global AI Enablers Screened Index. They also come from different issuers: iShares and Invesco.
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