IAIX.L vs. XAID.L
IAIX.L (Invesco Artificial Intelligence Enablers UCITS ETF Acc) and XAID.L (Xtrackers Artificial Intelligence & Big Data UCITS ETF 1C) are both Technology Equities funds - IAIX.L tracks the S&P Kensho Global AI Enablers Screened Index while XAID.L tracks the Nasdaq Global Artificial Intelligence and Big Data Index. Both are passively managed. Over the past year, IAIX.L returned 83.72% vs 69.81% for XAID.L. Their correlation of 0.80 suggests significant overlap in exposure. Both charge a 0.35% expense ratio.
Performance
IAIX.L vs. XAID.L - Performance Comparison
Loading charts...
Different Trading Currencies
IAIX.L is traded in GBp, while XAID.L is traded in USD. To make them comparable, the XAID.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with IAIX.L having a 39.63% return and XAID.L slightly lower at 39.16%.
IAIX.L
- 1D
- -2.64%
- 1M
- 28.26%
- YTD
- 39.63%
- 6M
- 38.14%
- 1Y
- 83.72%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XAID.L
- 1D
- -1.14%
- 1M
- 25.41%
- YTD
- 39.16%
- 6M
- 41.06%
- 1Y
- 69.81%
- 3Y*
- 37.39%
- 5Y*
- 22.84%
- 10Y*
- —
IAIX.L vs. XAID.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IAIX.L Invesco Artificial Intelligence Enablers UCITS ETF Acc | 39.63% | 20.04% | 20.41% |
XAID.L Xtrackers Artificial Intelligence & Big Data UCITS ETF 1C | 39.16% | 20.73% | 7.77% |
Correlation
The correlation between IAIX.L and XAID.L is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 2024 | 0.80 |
The correlation between IAIX.L and XAID.L has been stable across timeframes, ranging from 0.80 to 0.81 - 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. XAID.L — Risk / Return Rank
IAIX.L
XAID.L
IAIX.L vs. XAID.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 Xtrackers Artificial Intelligence & Big Data UCITS ETF 1C (XAID.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 | XAID.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.58 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 5.41 | 5.31 | +0.10 |
| Martin ratioReturn relative to average drawdown | 13.80 | 15.00 | -1.20 |
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 charts...
Sharpe Ratios by Period
| IAIX.L | XAID.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.17 | 3.40 | -0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.95 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.91 | 1.03 | +0.87 |
Drawdowns
IAIX.L vs. XAID.L - Drawdown Comparison
The maximum IAIX.L drawdown since its inception was -31.60%, roughly equal to the maximum XAID.L drawdown of -30.36%. Use the drawdown chart below to compare losses from any high point for IAIX.L and XAID.L.
Loading charts...
Drawdown Indicators
| IAIX.L | XAID.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.60% | -30.36% | -1.24% |
Max Drawdown (1Y)Largest decline over 1 year | -15.39% | -13.00% | -2.39% |
Max Drawdown (3Y)Largest decline over 3 years | — | -26.98% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -30.36% | — |
Current DrawdownCurrent decline from peak | -2.64% | -1.14% | -1.50% |
Average DrawdownAverage peak-to-trough decline | -7.32% | -6.80% | -0.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.05% | 4.62% | +1.43% |
Volatility
IAIX.L vs. XAID.L - Volatility Comparison
Invesco Artificial Intelligence Enablers UCITS ETF Acc (IAIX.L) has a higher volatility of 11.52% compared to Xtrackers Artificial Intelligence & Big Data UCITS ETF 1C (XAID.L) at 8.78%. This indicates that IAIX.L's price experiences larger fluctuations and is considered to be riskier than XAID.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IAIX.L | XAID.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.52% | 8.78% | +2.74% |
Volatility (6M)Calculated over the trailing 6-month period | 19.19% | 16.56% | +2.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.36% | 20.38% | +5.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.58% | 24.14% | +5.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.58% | 23.43% | +6.15% |
IAIX.L vs. XAID.L - Expense Ratio Comparison
Both IAIX.L and XAID.L have an expense ratio of 0.35%.
Dividends
IAIX.L vs. XAID.L - Dividend Comparison
Neither IAIX.L nor XAID.L has paid dividends to shareholders.
Frequently Asked Questions
IAIX.L and XAID.L have a correlation of 0.81, 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 XAID.L have the same expense ratio: 0.35% per year.
IAIX.L tracks S&P Kensho Global AI Enablers Screened Index, while XAID.L tracks Nasdaq Global Artificial Intelligence and Big Data Index. They also come from different issuers: Invesco and Xtrackers.
Find the right allocation for IAIX.L and XAID.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