IVAI.DE vs. WEBA.DE
IVAI.DE (Invesco Artificial Intelligence Enablers UCITS ETF) and WEBA.DE (Amundi US Tech 100 Equal Weight UCITS ETF USD D) are both Technology Equities funds - IVAI.DE tracks the S&P Kensho Global Artificial Intelligence Enablers Screened Index while WEBA.DE tracks the Solactive United States Technology 100 Equal Weight. Both are passively managed. Over the past year, IVAI.DE returned 71.74% vs 28.44% for WEBA.DE. A 0.78 correlation means they provide meaningful diversification when combined. IVAI.DE charges 0.35%/yr vs 0.07%/yr for WEBA.DE.
Performance
IVAI.DE vs. WEBA.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 higher than WEBA.DE's 22.42% return.
IVAI.DE
- 1D
- -0.91%
- 1M
- 19.08%
- YTD
- 38.56%
- 6M
- 34.01%
- 1Y
- 71.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WEBA.DE
- 1D
- -0.40%
- 1M
- 8.15%
- YTD
- 22.42%
- 6M
- 20.98%
- 1Y
- 28.44%
- 3Y*
- 16.93%
- 5Y*
- —
- 10Y*
- —
IVAI.DE vs. WEBA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IVAI.DE Invesco Artificial Intelligence Enablers UCITS ETF | 38.56% | 15.37% | 6.83% |
WEBA.DE Amundi US Tech 100 Equal Weight UCITS ETF USD D | 22.42% | 1.17% | 4.10% |
Correlation
The correlation between IVAI.DE and WEBA.DE is 0.78, 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 | 0.78 |
Correlation (All Time) Calculated using the full available price history since Oct 30, 2024 | 0.78 |
The correlation between IVAI.DE and WEBA.DE has been stable across timeframes, ranging from 0.78 to 0.78 - a consistent structural relationship.
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Return for Risk
IVAI.DE vs. WEBA.DE — Risk / Return Rank
IVAI.DE
WEBA.DE
IVAI.DE vs. WEBA.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 Amundi US Tech 100 Equal Weight UCITS ETF USD D (WEBA.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 | WEBA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.37 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.09 | 4.28 | -1.18 |
| Martin ratioReturn relative to average drawdown | 5.91 | 11.15 | -5.24 |
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 | WEBA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.08 | 2.10 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | 1.02 | +0.08 |
Drawdowns
IVAI.DE vs. WEBA.DE - Drawdown Comparison
The maximum IVAI.DE drawdown since its inception was -34.16%, which is greater than WEBA.DE's maximum drawdown of -25.46%. Use the drawdown chart below to compare losses from any high point for IVAI.DE and WEBA.DE.
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Drawdown Indicators
| IVAI.DE | WEBA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.16% | -25.46% | -8.70% |
Max Drawdown (1Y)Largest decline over 1 year | -23.74% | -6.70% | -17.04% |
Max Drawdown (3Y)Largest decline over 3 years | — | -25.46% | — |
Current DrawdownCurrent decline from peak | -3.53% | -0.40% | -3.13% |
Average DrawdownAverage peak-to-trough decline | -11.30% | -4.36% | -6.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.45% | 2.58% | +9.87% |
Volatility
IVAI.DE vs. WEBA.DE - Volatility Comparison
Invesco Artificial Intelligence Enablers UCITS ETF (IVAI.DE) has a higher volatility of 11.14% compared to Amundi US Tech 100 Equal Weight UCITS ETF USD D (WEBA.DE) at 3.95%. This indicates that IVAI.DE's price experiences larger fluctuations and is considered to be riskier than WEBA.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 | WEBA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.14% | 3.95% | +7.19% |
Volatility (6M)Calculated over the trailing 6-month period | 20.25% | 9.72% | +10.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.34% | 13.66% | +21.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.39% | 16.55% | +19.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.39% | 16.55% | +19.84% |
IVAI.DE vs. WEBA.DE - Expense Ratio Comparison
IVAI.DE has a 0.35% expense ratio, which is higher than WEBA.DE's 0.07% expense ratio.
Dividends
IVAI.DE vs. WEBA.DE - Dividend Comparison
IVAI.DE has not paid dividends to shareholders, while WEBA.DE's dividend yield for the trailing twelve months is around 0.55%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
IVAI.DE Invesco Artificial Intelligence Enablers UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% |
WEBA.DE Amundi US Tech 100 Equal Weight UCITS ETF USD D | 0.55% | 0.73% | 0.63% | 0.05% |
Frequently Asked Questions
IVAI.DE and WEBA.DE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WEBA.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WEBA.DE is cheaper with a 0.07% expense ratio, compared with 0.35% for IVAI.DE.
IVAI.DE tracks S&P Kensho Global Artificial Intelligence Enablers Screened Index, while WEBA.DE tracks Solactive United States Technology 100 Equal Weight. They also come from different issuers: Invesco and Amundi. Their fees differ too: 0.35% for IVAI.DE and 0.07% for WEBA.DE.
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