IAIX.L vs. AINF.L
IAIX.L (Invesco Artificial Intelligence Enablers UCITS ETF Acc) and AINF.L (iShares AI Infrastructure UCITS ETF USD (Acc)) are both Artificial Intelligence funds - IAIX.L tracks the S&P Kensho Global AI Enablers Screened Index while AINF.L tracks the STOXX Global AI Infrastructure Net Index. Both are passively managed. Over the past year, IAIX.L returned 41.68% vs 67.02% for AINF.L. Their correlation of 0.86 means they have usually moved in the same direction. Both charge a 0.35% expense ratio.
Performance
IAIX.L vs. AINF.L - Performance Comparison
Loading charts...
Different Trading Currencies
IAIX.L is traded in GBp, while AINF.L is traded in GBP. To make them comparable, the AINF.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, IAIX.L achieves a 19.98% return, which is significantly lower than AINF.L's 38.00% return.
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%
AINF.L
- 1D
- 0.00%
- 1M
- -11.37%
- 6M
- 29.00%
- YTD
- 38.00%
- 1Y
- 67.02%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 46.54%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| £104.70M | £147.46M | £279.22M | |
| £101.29K | £117.00K | £221.11K |
IAIX.L vs. AINF.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IAIX.L Invesco Artificial Intelligence Enablers UCITS ETF Acc | 19.98% | 20.04% | 0.16% |
AINF.L iShares AI Infrastructure UCITS ETF USD (Acc) | 38.00% | 34.74% | 0.43% |
Correlation
The correlation between IAIX.L and AINF.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 IAIX.L and AINF.L has been stable across timeframes, ranging from 0.84 to 0.86 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IAIX.L vs. AINF.L — Risk / Return Rank
IAIX.L
AINF.L
IAIX.L vs. AINF.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Artificial Intelligence Enablers UCITS ETF Acc (IAIX.L) and iShares AI Infrastructure UCITS ETF USD (Acc) (AINF.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.
| IAIX.L | AINF.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 | 1.26 | 1.39 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.23 | 2.27 | -1.05 |
| Martin ratioReturn relative to average drawdown | 2.00 | 4.08 | -2.08 |
Loading charts...
Drawdowns
IAIX.L vs. AINF.L - Drawdown Comparison
The maximum IAIX.L drawdown since its inception was -33.97%, which is greater than AINF.L's maximum drawdown of -29.48%. Use the drawdown chart below to compare losses from any high point for IAIX.L and AINF.L.
Loading charts...
Drawdown Indicators
| IAIX.L | AINF.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.97% | -29.48% | -4.49% |
Max Drawdown (1Y)Largest decline over 1 year | -33.97% | -29.48% | -4.49% |
Current DrawdownCurrent decline from peak | -16.34% | -15.17% | -1.17% |
Average DrawdownAverage peak-to-trough decline | -14.03% | -11.03% | -3.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.81% | 16.41% | +4.40% |
Volatility
IAIX.L vs. AINF.L - Volatility Comparison
Invesco Artificial Intelligence Enablers UCITS ETF Acc (IAIX.L) and iShares AI Infrastructure UCITS ETF USD (Acc) (AINF.L) have volatilities of 9.27% and 9.56%, 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.
Loading charts...
Volatility by Period
| IAIX.L | AINF.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.27% | 9.56% | -0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 21.99% | 21.95% | +0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.63% | 50.63% | +1.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5,793.86% | 43.54% | +5,750.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5,793.86% | 43.54% | +5,750.32% |
IAIX.L vs. AINF.L - Expense Ratio Comparison
Both IAIX.L and AINF.L have an expense ratio of 0.35%.
Dividends
IAIX.L vs. AINF.L - Dividend Comparison
Neither IAIX.L nor AINF.L has paid dividends to shareholders.
Frequently Asked Questions
IAIX.L and AINF.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.
IAIX.L and AINF.L have the same expense ratio: 0.35% per year.
IAIX.L tracks S&P Kensho Global AI Enablers Screened Index, while AINF.L tracks STOXX Global AI Infrastructure Net Index. They also come from different issuers: Invesco and iShares.
Find the right allocation for IAIX.L and AINF.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer