ALAI vs. XAIX

Last updated Aug 4, 2026

ALAI (Alger AI Enablers & Adopters ETF) and XAIX (Xtrackers Artificial Intelligence and Big Data ETF) are both Artificial Intelligence funds. ALAI is actively managed, while XAIX is passively managed. Over the past year, ALAI returned 40.53% vs 44.17% for XAIX. Their correlation of 0.85 means they have usually moved in the same direction. ALAI charges 0.55%/yr vs 0.35%/yr for XAIX.

Performance

ALAI vs. XAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alger AI Enablers & Adopters ETF (ALAI) and Xtrackers Artificial Intelligence and Big Data ETF (XAIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ALAI achieves a 22.63% return, which is significantly lower than XAIX's 26.72% return.

ALAI

• 1D: 2.98%
• 1M: 1.63%
• 6M: 22.67%
• YTD: 22.63%
• 1Y: 40.53%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 42.22%

XAIX

• 1D: 2.25%
• 1M: 0.00%
• 6M: 23.91%
• YTD: 26.72%
• 1Y: 44.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 37.23%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ALAI Alger AI Enablers & Adopters ETF	$3.00M	$4.32M	$4.07M
XAIX Xtrackers Artificial Intelligence and Big Data ETF	$884.34K	$1.44M	$1.97M

ALAI vs. XAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ALAI Alger AI Enablers & Adopters ETF	22.63%	39.81%	27.26%
XAIX Xtrackers Artificial Intelligence and Big Data ETF	26.72%	29.05%	15.21%

Correlation

The correlation between ALAI and XAIX is 0.85, 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.	0.85
Correlation (All Time) Calculated using the full available price history since Aug 2, 2024	0.85

The correlation between ALAI and XAIX has been stable across timeframes, ranging from 0.85 to 0.85 - a consistent structural relationship.

ALAI vs. XAIX - Sectors Allocation Comparison

Sectors	ALAI	XAIX
Technology	53.7%	79.0%
Communication Services	18.0%	10.4%
Consumer Cyclical	11.9%	6.1%
Industrials	5.8%	0.1%
Financial Services	4.1%	4.4%
Utilities	3.2%	0.0%
Healthcare	2.6%	0.0%
Basic Materials	0.7%	0.0%
Consumer Defensive	-	0.0%
Energy	-	0.0%
Real Estate	-	-

Return for Risk

ALAI vs. XAIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ALAI

ALAI Risk / Return Rank: 56
ALAI Sharpe Ratio Rank: 60
ALAI Sortino Ratio Rank: 59
ALAI Omega Ratio Rank: 54
ALAI Calmar Ratio Rank: 57
ALAI Martin Ratio Rank: 51

XAIX

XAIX Risk / Return Rank: 69
XAIX Sharpe Ratio Rank: 74
XAIX Sortino Ratio Rank: 67
XAIX Omega Ratio Rank: 68
XAIX Calmar Ratio Rank: 73
XAIX Martin Ratio Rank: 64

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ALAI vs. XAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alger AI Enablers & Adopters ETF (ALAI) and Xtrackers Artificial Intelligence and Big Data ETF (XAIX). 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.

	ALAI	XAIX	Difference
Sharpe ratio: Return per unit of total volatility	1.48	1.72	-0.24
Sortino ratio: Return per unit of downside risk	2.07	2.27	-0.19
Omega ratio: Gain probability vs. loss probability	1.25	1.29	-0.04
Calmar ratio: Return relative to maximum drawdown	2.09	2.62	-0.53
Martin ratio: Return relative to average drawdown	6.16	7.87	-1.70

ALAI vs. XAIX - Sharpe Ratio Comparison

The current ALAI Sharpe Ratio is 1.48, which is comparable to the XAIX Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of ALAI and XAIX, 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

ALAI vs. XAIX - Drawdown Comparison

The maximum ALAI drawdown since its inception was -29.36%, which is greater than XAIX's maximum drawdown of -23.95%. Use the drawdown chart below to compare losses from any high point for ALAI and XAIX.

Drawdown Indicators

	ALAI	XAIX	Difference
Max Drawdown Largest peak-to-trough decline	-29.36%	-23.95%	-5.41%
Max Drawdown (1Y) Largest decline over 1 year	-19.48%	-16.95%	-2.53%
Current Drawdown Current decline from peak	-5.28%	-10.78%	+5.50%
Average Drawdown Average peak-to-trough decline	-5.18%	-4.00%	-1.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.59%	5.63%	+0.96%

Volatility

ALAI vs. XAIX - Volatility Comparison

Alger AI Enablers & Adopters ETF (ALAI) has a higher volatility of 10.48% compared to Xtrackers Artificial Intelligence and Big Data ETF (XAIX) at 9.09%. This indicates that ALAI's price experiences larger fluctuations and is considered to be riskier than XAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ALAI	XAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.48%	9.09%	+1.39%
Volatility (6M) Calculated over the trailing 6-month period	22.49%	23.04%	-0.55%
Volatility (1Y) Calculated over the trailing 1-year period	27.55%	25.87%	+1.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.15%	25.11%	+4.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.15%	25.11%	+4.04%

ALAI vs. XAIX - Expense Ratio Comparison

ALAI has a 0.55% expense ratio, which is higher than XAIX's 0.35% expense ratio.

Dividends

ALAI vs. XAIX - Dividend Comparison

ALAI's dividend yield for the trailing twelve months is around 1.22%, more than XAIX's 0.41% yield.

Position	TTM	2025	2024
ALAI Alger AI Enablers & Adopters ETF	1.22%	1.50%	0.66%
XAIX Xtrackers Artificial Intelligence and Big Data ETF	0.41%	0.54%	0.08%

Frequently Asked Questions

Can I hold both ALAI and XAIX in my portfolio?

ALAI and XAIX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ALAI or XAIX?

ALAI has higher volatility (10.48%) compared to XAIX (9.09%). In terms of maximum drawdown, ALAI dropped -29.36% vs XAIX's -23.95%.

Which ETF is better, ALAI or XAIX?

On 1-year performance, XAIX leads with 44.17% vs 40.53% for ALAI. On fees, XAIX is cheaper at 0.35% per year. On volatility, XAIX has been the lower-risk option at 9.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ALAI or XAIX?

Over the 1-year period, XAIX has performed better with a 44.17% return vs 40.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ALAI or XAIX?

XAIX is cheaper with a 0.35% expense ratio, compared with 0.55% for ALAI.

Which ETF pays a higher dividend yield, ALAI or XAIX?

ALAI has the higher dividend yield at 1.22%, compared with 0.41% for XAIX.

What is the main difference between ALAI and XAIX?

They also come from different issuers: Alger and Xtrackers. Their fees differ too: 0.55% for ALAI and 0.35% for XAIX.

Which has better risk-adjusted returns?

XAIX currently has the higher Sharpe Ratio (1.72 vs 1.48), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.