IAIX.L vs. SGLP.L
Compare and contrast key facts about Invesco Artificial Intelligence Enablers UCITS ETF Acc (IAIX.L) and Invesco Physical Gold A (SGLP.L).
IAIX.L and SGLP.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. SGLP.L is a passively managed fund by Invesco that tracks the performance of the Gold. It was launched on Jun 24, 2009. Both IAIX.L and SGLP.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. SGLP.L - Performance Comparison
Loading graphics...
IAIX.L vs. SGLP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IAIX.L Invesco Artificial Intelligence Enablers UCITS ETF Acc | -7.83% | 20.04% | 20.41% |
SGLP.L Invesco Physical Gold A | 9.24% | 53.60% | -1.14% |
Returns By Period
In the year-to-date period, IAIX.L achieves a -7.83% return, which is significantly lower than SGLP.L's 9.24% return.
IAIX.L
- 1D
- 0.64%
- 1M
- -3.86%
- YTD
- -7.83%
- 6M
- -4.37%
- 1Y
- 37.00%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SGLP.L
- 1D
- 1.52%
- 1M
- -10.00%
- YTD
- 9.24%
- 6M
- 22.42%
- 1Y
- 44.60%
- 3Y*
- 29.65%
- 5Y*
- 22.71%
- 10Y*
- 14.91%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IAIX.L vs. SGLP.L - Expense Ratio Comparison
IAIX.L has a 0.35% expense ratio, which is higher than SGLP.L's 0.12% expense ratio.
Return for Risk
IAIX.L vs. SGLP.L — Risk / Return Rank
IAIX.L
SGLP.L
IAIX.L vs. SGLP.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 Invesco Physical Gold A (SGLP.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 | SGLP.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.32 | 1.84 | -0.52 |
Sortino ratioReturn per unit of downside risk | 1.87 | 2.30 | -0.42 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.35 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 2.24 | 2.48 | -0.25 |
Martin ratioReturn relative to average drawdown | 5.60 | 10.57 | -4.97 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| IAIX.L | SGLP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.32 | 1.84 | -0.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.42 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.95 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 0.56 | +0.22 |
Correlation
The correlation between IAIX.L and SGLP.L is -0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
IAIX.L vs. SGLP.L - Dividend Comparison
Neither IAIX.L nor SGLP.L has paid dividends to shareholders.
Drawdowns
IAIX.L vs. SGLP.L - Drawdown Comparison
The maximum IAIX.L drawdown since its inception was -31.60%, smaller than the maximum SGLP.L drawdown of -38.83%. Use the drawdown chart below to compare losses from any high point for IAIX.L and SGLP.L.
Loading graphics...
Drawdown Indicators
| IAIX.L | SGLP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.60% | -38.83% | +7.23% |
Max Drawdown (1Y)Largest decline over 1 year | -15.39% | -17.89% | +2.50% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.89% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.34% | — |
Current DrawdownCurrent decline from peak | -14.85% | -11.70% | -3.15% |
Average DrawdownAverage peak-to-trough decline | -7.74% | -13.38% | +5.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.15% | 4.21% | +1.94% |
Volatility
IAIX.L vs. SGLP.L - Volatility Comparison
The current volatility for Invesco Artificial Intelligence Enablers UCITS ETF Acc (IAIX.L) is 5.31%, while Invesco Physical Gold A (SGLP.L) has a volatility of 11.61%. This indicates that IAIX.L experiences smaller price fluctuations and is considered to be less risky than SGLP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| IAIX.L | SGLP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.31% | 11.61% | -6.30% |
Volatility (6M)Calculated over the trailing 6-month period | 18.33% | 20.94% | -2.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.92% | 24.13% | +3.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.76% | 15.96% | +12.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.76% | 15.68% | +13.08% |