IAIX.L vs. BOTZ.L

Last updated Jul 30, 2026

IAIX.L (Invesco Artificial Intelligence Enablers UCITS ETF Acc) and BOTZ.L (Global X Robotics & Artificial Intelligence UCITS ETF USD Acc) are both Artificial Intelligence funds - IAIX.L tracks the S&P Kensho Global AI Enablers Screened Index while BOTZ.L tracks the Indxx Global Robotics & Artificial Intelligence Thematic v2 Index. Both are passively managed. Over the past year, IAIX.L returned 41.68% vs -0.39% for BOTZ.L. Their 0.74 correlation means they have sometimes moved together and sometimes differently. IAIX.L charges 0.35%/yr vs 0.50%/yr for BOTZ.L.

Performance

IAIX.L vs. BOTZ.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Invesco Artificial Intelligence Enablers UCITS ETF Acc (IAIX.L) and Global X Robotics & Artificial Intelligence UCITS ETF USD Acc (BOTZ.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

IAIX.L is traded in GBp, while BOTZ.L is traded in USD. To make them comparable, the BOTZ.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 higher than BOTZ.L's -7.14% 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%

BOTZ.L

• 1D: -1.59%
• 1M: -8.56%
• 6M: -8.38%
• YTD: -7.14%
• 1Y: -0.39%
• 3Y*: 3.73%
• 5Y*: —
• 10Y*: —
• ALL TIME*: -2.27%

*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)
BOTZ.L Global X Robotics & Artificial Intelligence UCITS ETF USD Acc	£383.94K	£309.07K	£427.77K
IAIX.L Invesco Artificial Intelligence Enablers UCITS ETF Acc	£101.29K	£117.00K	£221.11K

IAIX.L vs. BOTZ.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024
IAIX.L Invesco Artificial Intelligence Enablers UCITS ETF Acc	19.98%	20.04%	8,786.27%
BOTZ.L Global X Robotics & Artificial Intelligence UCITS ETF USD Acc	-7.14%	5.37%	4.62%

Correlation

The correlation between IAIX.L and BOTZ.L is 0.71, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.71
Correlation (All Time) Calculated using the full available price history since Oct 29, 2024	0.74

The correlation between IAIX.L and BOTZ.L has been stable across timeframes, ranging from 0.71 to 0.74 - a consistent structural relationship.

Return for Risk

IAIX.L vs. BOTZ.L — Risk / Return Rank

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

IAIX.L

IAIX.L Risk / Return Rank: 41
IAIX.L Sharpe Ratio Rank: 34
IAIX.L Sortino Ratio Rank: 44
IAIX.L Omega Ratio Rank: 63
IAIX.L Calmar Ratio Rank: 37
IAIX.L Martin Ratio Rank: 25

BOTZ.L

BOTZ.L Risk / Return Rank: 11
BOTZ.L Sharpe Ratio Rank: 11
BOTZ.L Sortino Ratio Rank: 11
BOTZ.L Omega Ratio Rank: 11
BOTZ.L Calmar Ratio Rank: 11
BOTZ.L Martin Ratio Rank: 11

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.

IAIX.L vs. BOTZ.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 Global X Robotics & Artificial Intelligence UCITS ETF USD Acc (BOTZ.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	BOTZ.L	Difference
Sharpe ratio: Return per unit of total volatility	0.81	-0.02	+0.82
Sortino ratio: Return per unit of downside risk	1.55	0.16	+1.39
Omega ratio: Gain probability vs. loss probability	1.26	1.02	+0.24
Calmar ratio: Return relative to maximum drawdown	1.23	-0.02	+1.25
Martin ratio: Return relative to average drawdown	2.00	-0.06	+2.06

IAIX.L vs. BOTZ.L - Sharpe Ratio Comparison

The current IAIX.L Sharpe Ratio is 0.81, which is higher than the BOTZ.L Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of IAIX.L and BOTZ.L, 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

IAIX.L vs. BOTZ.L - Drawdown Comparison

The maximum IAIX.L drawdown since its inception was -33.97%, smaller than the maximum BOTZ.L drawdown of -43.78%. Use the drawdown chart below to compare losses from any high point for IAIX.L and BOTZ.L.

Drawdown Indicators

	IAIX.L	BOTZ.L	Difference
Max Drawdown Largest peak-to-trough decline	-33.97%	-43.78%	+9.81%
Max Drawdown (1Y) Largest decline over 1 year	-33.97%	-17.12%	-16.85%
Max Drawdown (3Y) Largest decline over 3 years	—	-30.86%	—
Current Drawdown Current decline from peak	-16.34%	-17.12%	+0.78%
Average Drawdown Average peak-to-trough decline	-14.03%	-19.38%	+5.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.81%	6.82%	+13.99%

Volatility

IAIX.L vs. BOTZ.L - Volatility Comparison

Invesco Artificial Intelligence Enablers UCITS ETF Acc (IAIX.L) has a higher volatility of 9.27% compared to Global X Robotics & Artificial Intelligence UCITS ETF USD Acc (BOTZ.L) at 8.46%. This indicates that IAIX.L's price experiences larger fluctuations and is considered to be riskier than BOTZ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IAIX.L	BOTZ.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.27%	8.46%	+0.81%
Volatility (6M) Calculated over the trailing 6-month period	21.99%	20.38%	+1.61%
Volatility (1Y) Calculated over the trailing 1-year period	51.63%	25.06%	+26.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5,793.86%	24.94%	+5,768.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5,793.86%	24.94%	+5,768.92%

IAIX.L vs. BOTZ.L - Expense Ratio Comparison

IAIX.L has a 0.35% expense ratio, which is lower than BOTZ.L's 0.50% expense ratio.

Dividends

IAIX.L vs. BOTZ.L - Dividend Comparison

Neither IAIX.L nor BOTZ.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both IAIX.L and BOTZ.L in my portfolio?

IAIX.L and BOTZ.L have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IAIX.L or BOTZ.L?

On fees, IAIX.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IAIX.L or BOTZ.L?

IAIX.L is cheaper with a 0.35% expense ratio, compared with 0.50% for BOTZ.L.

What is the main difference between IAIX.L and BOTZ.L?

IAIX.L tracks S&P Kensho Global AI Enablers Screened Index, while BOTZ.L tracks Indxx Global Robotics & Artificial Intelligence Thematic v2 Index. They also come from different issuers: Invesco and Global X. Their fees differ too: 0.35% for IAIX.L and 0.50% for BOTZ.L.