IVAI.DE vs. DR7E.DE
IVAI.DE (Invesco Artificial Intelligence Enablers UCITS ETF) and DR7E.DE (Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating) are both Technology Equities funds - IVAI.DE tracks the S&P Kensho Global Artificial Intelligence Enablers Screened Index while DR7E.DE tracks the Solactive Autonomous & Electric Vehicles. Both are passively managed. Over the past year, IVAI.DE returned 71.74% vs 84.37% for DR7E.DE. A 0.75 correlation means they provide meaningful diversification when combined. IVAI.DE charges 0.35%/yr vs 0.50%/yr for DR7E.DE.
Performance
IVAI.DE vs. DR7E.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IVAI.DE achieves a 38.56% return, which is significantly lower than DR7E.DE's 41.08% return.
IVAI.DE
- 1D
- -0.91%
- 1M
- 19.08%
- YTD
- 38.56%
- 6M
- 34.01%
- 1Y
- 71.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DR7E.DE
- 1D
- -1.47%
- 1M
- 7.64%
- YTD
- 41.08%
- 6M
- 38.98%
- 1Y
- 84.37%
- 3Y*
- 18.20%
- 5Y*
- —
- 10Y*
- —
IVAI.DE vs. DR7E.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IVAI.DE Invesco Artificial Intelligence Enablers UCITS ETF | 38.56% | 15.37% | 6.83% |
DR7E.DE Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating | 41.08% | 15.37% | 4.36% |
Correlation
The correlation between IVAI.DE and DR7E.DE is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Oct 30, 2024 | 0.75 |
The correlation between IVAI.DE and DR7E.DE has been stable across timeframes, ranging from 0.72 to 0.75 - a consistent structural relationship.
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Return for Risk
IVAI.DE vs. DR7E.DE — Risk / Return Rank
IVAI.DE
DR7E.DE
IVAI.DE vs. DR7E.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Artificial Intelligence Enablers UCITS ETF (IVAI.DE) and Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating (DR7E.DE). 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.
| IVAI.DE | DR7E.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.59 | ||
| Sortino ratioReturn per unit of downside risk | -1.74 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.57 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 3.09 | 8.52 | -5.43 |
| Martin ratioReturn relative to average drawdown | 5.91 | 24.61 | -18.70 |
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
| IVAI.DE | DR7E.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.08 | 3.67 | -1.59 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | 0.29 | +0.81 |
Drawdowns
IVAI.DE vs. DR7E.DE - Drawdown Comparison
The maximum IVAI.DE drawdown since its inception was -34.16%, smaller than the maximum DR7E.DE drawdown of -40.66%. Use the drawdown chart below to compare losses from any high point for IVAI.DE and DR7E.DE.
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Drawdown Indicators
| IVAI.DE | DR7E.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.16% | -40.66% | +6.50% |
Max Drawdown (1Y)Largest decline over 1 year | -23.74% | -9.95% | -13.79% |
Max Drawdown (3Y)Largest decline over 3 years | — | -33.99% | — |
Current DrawdownCurrent decline from peak | -3.53% | -2.08% | -1.45% |
Average DrawdownAverage peak-to-trough decline | -11.30% | -18.33% | +7.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.45% | 3.45% | +9.00% |
Volatility
IVAI.DE vs. DR7E.DE - Volatility Comparison
Invesco Artificial Intelligence Enablers UCITS ETF (IVAI.DE) has a higher volatility of 11.14% compared to Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating (DR7E.DE) at 9.64%. This indicates that IVAI.DE's price experiences larger fluctuations and is considered to be riskier than DR7E.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IVAI.DE | DR7E.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.14% | 9.64% | +1.50% |
Volatility (6M)Calculated over the trailing 6-month period | 20.25% | 16.91% | +3.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.34% | 23.14% | +12.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.39% | 25.01% | +11.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.39% | 25.01% | +11.38% |
IVAI.DE vs. DR7E.DE - Expense Ratio Comparison
IVAI.DE has a 0.35% expense ratio, which is lower than DR7E.DE's 0.50% expense ratio.
Dividends
IVAI.DE vs. DR7E.DE - Dividend Comparison
Neither IVAI.DE nor DR7E.DE has paid dividends to shareholders.
Frequently Asked Questions
IVAI.DE and DR7E.DE have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IVAI.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IVAI.DE is cheaper with a 0.35% expense ratio, compared with 0.50% for DR7E.DE.
IVAI.DE tracks S&P Kensho Global Artificial Intelligence Enablers Screened Index, while DR7E.DE tracks Solactive Autonomous & Electric Vehicles. They also come from different issuers: Invesco and Global X. Their fees differ too: 0.35% for IVAI.DE and 0.50% for DR7E.DE.
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