CLPAX vs. AIAI.L
Compare and contrast key facts about Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) and L&G Artificial Intelligence UCITS ETF (AIAI.L).
CLPAX is managed by Catalyst Mutual Funds. It was launched on Dec 30, 2013. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CLPAX or AIAI.L.
Performance
CLPAX vs. AIAI.L - Performance Comparison
Returns By Period
In the year-to-date period, CLPAX achieves a 8.44% return, which is significantly lower than AIAI.L's 13.56% return.
CLPAX
8.44%
-1.17%
5.82%
13.77%
2.82%
0.88%
AIAI.L
13.56%
-0.10%
6.71%
28.35%
16.05%
N/A
Key characteristics
| CLPAX | AIAI.L | |
|---|---|---|
| Sharpe Ratio | 1.08 | 1.32 |
| Sortino Ratio | 1.55 | 1.83 |
| Omega Ratio | 1.19 | 1.23 |
| Calmar Ratio | 0.95 | 1.26 |
| Martin Ratio | 4.26 | 6.64 |
| Ulcer Index | 3.21% | 4.27% |
| Daily Std Dev | 12.64% | 21.58% |
| Max Drawdown | -36.85% | -49.61% |
| Current Drawdown | -3.34% | -4.99% |
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CLPAX vs. AIAI.L - Expense Ratio Comparison
CLPAX has a 1.74% expense ratio, which is higher than AIAI.L's 0.49% expense ratio.
Correlation
The correlation between CLPAX and AIAI.L is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
CLPAX vs. AIAI.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) and L&G Artificial Intelligence UCITS ETF (AIAI.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
CLPAX vs. AIAI.L - Dividend Comparison
Neither CLPAX nor AIAI.L has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
CLPAX Catalyst Nasdaq-100 Hedged Equity Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.08% | 0.29% | 0.02% |
AIAI.L L&G Artificial Intelligence UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CLPAX vs. AIAI.L - Drawdown Comparison
The maximum CLPAX drawdown since its inception was -36.85%, smaller than the maximum AIAI.L drawdown of -49.61%. Use the drawdown chart below to compare losses from any high point for CLPAX and AIAI.L. For additional features, visit the drawdowns tool.
Volatility
CLPAX vs. AIAI.L - Volatility Comparison
The current volatility for Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) is 4.25%, while L&G Artificial Intelligence UCITS ETF (AIAI.L) has a volatility of 6.53%. This indicates that CLPAX experiences smaller price fluctuations and is considered to be less risky than AIAI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.