IAIX.L vs. DRVG.L
Compare and contrast key facts about Invesco Artificial Intelligence Enablers UCITS ETF Acc (IAIX.L) and Global X Autonomous & Electric Vehicles UCITS ETF USD Distributing (DRVG.L).
IAIX.L and DRVG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IAIX.L is a passively managed fund by Invesco that tracks the performance of the S&P Kensho Global AI Enablers Screened Index. It was launched on Oct 29, 2024. DRVG.L is a passively managed fund by Global X that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Nov 16, 2021. Both IAIX.L and DRVG.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
IAIX.L vs. DRVG.L - Performance Comparison
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IAIX.L vs. DRVG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IAIX.L Invesco Artificial Intelligence Enablers UCITS ETF Acc | -7.83% | 20.04% | 20.41% |
DRVG.L Global X Autonomous & Electric Vehicles UCITS ETF USD Distributing | 1.88% | 20.43% | 6.79% |
Different Trading Currencies
IAIX.L is traded in GBp, while DRVG.L is traded in GBP. To make them comparable, the DRVG.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 -7.83% return, which is significantly lower than DRVG.L's 1.88% return.
IAIX.L
- 1D
- 0.64%
- 1M
- -3.86%
- YTD
- -7.83%
- 6M
- -4.37%
- 1Y
- 37.00%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DRVG.L
- 1D
- 0.74%
- 1M
- -7.42%
- YTD
- 1.88%
- 6M
- 8.69%
- 1Y
- 40.97%
- 3Y*
- 6.55%
- 5Y*
- —
- 10Y*
- —
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IAIX.L vs. DRVG.L - Expense Ratio Comparison
IAIX.L has a 0.35% expense ratio, which is lower than DRVG.L's 0.50% expense ratio.
Return for Risk
IAIX.L vs. DRVG.L — Risk / Return Rank
IAIX.L
DRVG.L
IAIX.L vs. DRVG.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 Autonomous & Electric Vehicles UCITS ETF USD Distributing (DRVG.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.
| IAIX.L | DRVG.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.32 | 1.58 | -0.25 |
Sortino ratioReturn per unit of downside risk | 1.87 | 2.17 | -0.30 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.29 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 2.24 | 2.66 | -0.42 |
Martin ratioReturn relative to average drawdown | 5.60 | 8.92 | -3.32 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IAIX.L | DRVG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.32 | 1.58 | -0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | -0.01 | +0.79 |
Correlation
The correlation between IAIX.L and DRVG.L is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
IAIX.L vs. DRVG.L - Dividend Comparison
IAIX.L has not paid dividends to shareholders, while DRVG.L's dividend yield for the trailing twelve months is around 0.60%.
| TTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IAIX.L Invesco Artificial Intelligence Enablers UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DRVG.L Global X Autonomous & Electric Vehicles UCITS ETF USD Distributing | 0.60% | 0.94% | 0.58% | 0.01% | 0.01% |
Drawdowns
IAIX.L vs. DRVG.L - Drawdown Comparison
The maximum IAIX.L drawdown since its inception was -31.60%, smaller than the maximum DRVG.L drawdown of -40.24%. Use the drawdown chart below to compare losses from any high point for IAIX.L and DRVG.L.
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Drawdown Indicators
| IAIX.L | DRVG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.60% | -40.24% | +8.64% |
Max Drawdown (1Y)Largest decline over 1 year | -15.39% | -15.08% | -0.31% |
Current DrawdownCurrent decline from peak | -14.85% | -9.29% | -5.56% |
Average DrawdownAverage peak-to-trough decline | -7.74% | -18.41% | +10.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.15% | 4.35% | +1.80% |
Volatility
IAIX.L vs. DRVG.L - Volatility Comparison
The current volatility for Invesco Artificial Intelligence Enablers UCITS ETF Acc (IAIX.L) is 5.31%, while Global X Autonomous & Electric Vehicles UCITS ETF USD Distributing (DRVG.L) has a volatility of 7.24%. This indicates that IAIX.L experiences smaller price fluctuations and is considered to be less risky than DRVG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IAIX.L | DRVG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.31% | 7.24% | -1.93% |
Volatility (6M)Calculated over the trailing 6-month period | 18.33% | 15.87% | +2.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.92% | 25.94% | +1.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.76% | 24.83% | +3.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.76% | 24.83% | +3.93% |