IVAI.DE vs. SEC0.DE
IVAI.DE (Invesco Artificial Intelligence Enablers UCITS ETF) and SEC0.DE (iShares MSCI Global Semiconductors UCITS ETF USD (Acc)) are both exchange-traded funds - IVAI.DE is a Technology Equities fund tracking the S&P Kensho Global Artificial Intelligence Enablers Screened Index, while SEC0.DE is a Semiconductors fund tracking the MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped. Both are passively managed. Over the past year, IVAI.DE returned 71.74% vs 188.23% for SEC0.DE. A 0.76 correlation means they provide meaningful diversification when combined. Both charge a 0.35% expense ratio.
Performance
IVAI.DE vs. SEC0.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IVAI.DE achieves a 38.56% return, which is significantly lower than SEC0.DE's 98.10% return.
IVAI.DE
- 1D
- -0.91%
- 1M
- 19.08%
- YTD
- 38.56%
- 6M
- 34.01%
- 1Y
- 71.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SEC0.DE
- 1D
- -2.85%
- 1M
- 18.95%
- YTD
- 98.10%
- 6M
- 98.14%
- 1Y
- 188.23%
- 3Y*
- 56.37%
- 5Y*
- —
- 10Y*
- —
IVAI.DE vs. SEC0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IVAI.DE Invesco Artificial Intelligence Enablers UCITS ETF | 38.56% | 15.37% | 6.83% |
SEC0.DE iShares MSCI Global Semiconductors UCITS ETF USD (Acc) | 98.10% | 36.46% | -0.72% |
Correlation
The correlation between IVAI.DE and SEC0.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 | 0.76 |
The correlation between IVAI.DE and SEC0.DE has been stable across timeframes, ranging from 0.72 to 0.76 - 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
IVAI.DE vs. SEC0.DE — Risk / Return Rank
IVAI.DE
SEC0.DE
IVAI.DE vs. SEC0.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 iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.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 | SEC0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.81 | ||
| Sortino ratioReturn per unit of downside risk | -3.03 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.75 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | 3.09 | 14.81 | -11.71 |
| Martin ratioReturn relative to average drawdown | 5.91 | 52.61 | -46.70 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IVAI.DE | SEC0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.08 | 5.89 | -3.81 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | 1.17 | -0.07 |
Drawdowns
IVAI.DE vs. SEC0.DE - Drawdown Comparison
The maximum IVAI.DE drawdown since its inception was -34.16%, smaller than the maximum SEC0.DE drawdown of -39.35%. Use the drawdown chart below to compare losses from any high point for IVAI.DE and SEC0.DE.
Loading charts...
Drawdown Indicators
| IVAI.DE | SEC0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.16% | -39.35% | +5.19% |
Max Drawdown (1Y)Largest decline over 1 year | -23.74% | -12.90% | -10.84% |
Max Drawdown (3Y)Largest decline over 3 years | — | -39.35% | — |
Current DrawdownCurrent decline from peak | -3.53% | -2.85% | -0.68% |
Average DrawdownAverage peak-to-trough decline | -11.30% | -11.85% | +0.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.45% | 3.64% | +8.81% |
Volatility
IVAI.DE vs. SEC0.DE - Volatility Comparison
The current volatility for Invesco Artificial Intelligence Enablers UCITS ETF (IVAI.DE) is 11.14%, while iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.DE) has a volatility of 13.13%. This indicates that IVAI.DE experiences smaller price fluctuations and is considered to be less risky than SEC0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IVAI.DE | SEC0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.14% | 13.13% | -1.99% |
Volatility (6M)Calculated over the trailing 6-month period | 20.25% | 25.14% | -4.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.34% | 32.42% | +2.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.39% | 29.95% | +6.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.39% | 29.95% | +6.44% |
IVAI.DE vs. SEC0.DE - Expense Ratio Comparison
Both IVAI.DE and SEC0.DE have an expense ratio of 0.35%.
Dividends
IVAI.DE vs. SEC0.DE - Dividend Comparison
Neither IVAI.DE nor SEC0.DE has paid dividends to shareholders.
Frequently Asked Questions
IVAI.DE and SEC0.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.
Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
IVAI.DE and SEC0.DE have the same expense ratio: 0.35% per year.
IVAI.DE is categorized as Technology Equities, while SEC0.DE is Semiconductors. IVAI.DE tracks S&P Kensho Global Artificial Intelligence Enablers Screened Index, while SEC0.DE tracks MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped. They also come from different issuers: Invesco and iShares.
Find the right allocation for IVAI.DE and SEC0.DE
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