ETL.PA vs. XAIX

Last updated Jun 5, 2026

ETL.PA (Eutelsat Communications SA) is a stock, while XAIX (Xtrackers Artificial Intelligence and Big Data ETF) is Technology Equities fund tracking the Nasdaq Global Artificial Intelligence and Big Data Index. Over the past year, ETL.PA returned 22.35% vs 62.96% for XAIX. At a 0.06 correlation, their price movements are largely independent.

Performance

ETL.PA vs. XAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Eutelsat Communications SA (ETL.PA) and Xtrackers Artificial Intelligence and Big Data ETF (XAIX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ETL.PA is traded in EUR, while XAIX is traded in USD. To make them comparable, the XAIX values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, ETL.PA achieves a 94.72% return, which is significantly higher than XAIX's 39.06% return.

ETL.PA

• 1D: 1.87%
• 1M: 12.31%
• YTD: 94.72%
• 6M: 61.26%
• 1Y: 22.35%
• 3Y*: -10.76%
• 5Y*: -13.08%
• 10Y*: -7.67%

XAIX

• 1D: -1.84%
• 1M: 18.55%
• YTD: 39.06%
• 6M: 39.02%
• 1Y: 62.96%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ETL.PA vs. XAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ETL.PA Eutelsat Communications SA	94.72%	-3.45%	-50.42%
XAIX Xtrackers Artificial Intelligence and Big Data ETF	39.06%	13.74%	21.71%

Correlation

The correlation between ETL.PA and XAIX is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (All Time) Calculated using the full available price history since Aug 5, 2024	0.06

The correlation between ETL.PA and XAIX shifts across timeframes, from 0.06 (all time) to 0.19 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

ETL.PA vs. XAIX — Risk / Return Rank

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

ETL.PA

ETL.PA Risk / Return Rank: 53
ETL.PA Sharpe Ratio Rank: 51
ETL.PA Sortino Ratio Rank: 56
ETL.PA Omega Ratio Rank: 54
ETL.PA Calmar Ratio Rank: 53
ETL.PA Martin Ratio Rank: 52

XAIX

XAIX Risk / Return Rank: 87
XAIX Sharpe Ratio Rank: 91
XAIX Sortino Ratio Rank: 88
XAIX Omega Ratio Rank: 86
XAIX Calmar Ratio Rank: 86
XAIX Martin Ratio Rank: 85

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.

ETL.PA vs. XAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eutelsat Communications SA (ETL.PA) 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.

	ETL.PA	XAIX	Difference
Sharpe ratio: Return per unit of total volatility	0.28	3.05	-2.77
Sortino ratio: Return per unit of downside risk	1.06	3.79	-2.73
Omega ratio: Gain probability vs. loss probability	1.13	1.50	-0.37
Calmar ratio: Return relative to maximum drawdown	0.47	4.81	-4.34
Martin ratio: Return relative to average drawdown	0.96	14.37	-13.41
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ETL.PA vs. XAIX - Sharpe Ratio Comparison

The current ETL.PA Sharpe Ratio is 0.28, which is lower than the XAIX Sharpe Ratio of 3.05. The chart below compares the historical Sharpe Ratios of ETL.PA 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.

Sharpe Ratios by Period

	ETL.PA	XAIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.28	3.05	-2.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.14	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.11	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.01	1.76	-1.78

Drawdowns

ETL.PA vs. XAIX - Drawdown Comparison

The maximum ETL.PA drawdown since its inception was -93.50%, which is greater than XAIX's maximum drawdown of -27.79%. Use the drawdown chart below to compare losses from any high point for ETL.PA and XAIX.

Drawdown Indicators

	ETL.PA	XAIX	Difference
Max Drawdown Largest peak-to-trough decline	-93.50%	-27.79%	-65.71%
Max Drawdown (1Y) Largest decline over 1 year	-47.04%	-13.17%	-33.87%
Max Drawdown (3Y) Largest decline over 3 years	-81.14%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-89.53%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-92.45%	—	—
Current Drawdown Current decline from peak	-76.44%	-3.06%	-73.38%
Average Drawdown Average peak-to-trough decline	-31.09%	-5.11%	-25.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.06%	4.40%	+18.66%

Volatility

ETL.PA vs. XAIX - Volatility Comparison

Eutelsat Communications SA (ETL.PA) has a higher volatility of 31.36% compared to Xtrackers Artificial Intelligence and Big Data ETF (XAIX) at 8.79%. This indicates that ETL.PA'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

	ETL.PA	XAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	31.36%	8.79%	+22.57%
Volatility (6M) Calculated over the trailing 6-month period	51.98%	16.70%	+35.28%
Volatility (1Y) Calculated over the trailing 1-year period	78.89%	20.73%	+58.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	92.09%	24.48%	+67.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	68.80%	24.48%	+44.32%

Dividends

ETL.PA vs. XAIX - Dividend Comparison

ETL.PA has not paid dividends to shareholders, while XAIX's dividend yield for the trailing twelve months is around 0.39%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ETL.PA Eutelsat Communications SA	0.00%	0.00%	0.00%	0.00%	13.36%	8.66%	9.61%	8.76%	7.38%	6.27%	5.98%	3.95%
XAIX Xtrackers Artificial Intelligence and Big Data ETF	0.39%	0.54%	0.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ETL.PA and XAIX in my portfolio?

ETL.PA and XAIX have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.