L8I3.DE vs. GOAI.DE
L8I3.DE (Amundi EUR Overnight Return UCITS ETF (Acc)) and GOAI.DE (Amundi MSCI Robotics & AI ESG Screened UCITS ETF Acc) are both exchange-traded funds - L8I3.DE is a Money Market fund tracking the Solactive EUR Overnight Return Index, while GOAI.DE is a Robotics fund tracking the MSCI ACWI IMI Robotics & AI ESG Filtered. Both are passively managed. Over the past 5 years, L8I3.DE returned 1.92%/yr vs 11.40%/yr for GOAI.DE. At a correlation of -0.04, they often move in opposite directions. L8I3.DE charges 0.10%/yr vs 0.35%/yr for GOAI.DE.
Performance
L8I3.DE vs. GOAI.DE - Performance Comparison
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Returns By Period
In the year-to-date period, L8I3.DE achieves a 1.03% return, which is significantly lower than GOAI.DE's 23.37% return.
L8I3.DE
- 1D
- -0.01%
- 1M
- 0.20%
- 6M
- 0.97%
- YTD
- 1.03%
- 1Y
- 2.00%
- 3Y*
- 2.93%
- 5Y*
- 1.92%
- 10Y*
- 0.67%
GOAI.DE
- 1D
- 0.06%
- 1M
- -5.03%
- 6M
- 25.34%
- YTD
- 23.37%
- 1Y
- 37.10%
- 3Y*
- 19.42%
- 5Y*
- 11.40%
- 10Y*
- —
L8I3.DE vs. GOAI.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
L8I3.DE Amundi EUR Overnight Return UCITS ETF (Acc) | 1.03% | 2.21% | 3.69% | 3.17% | -0.11% | -0.69% | -0.68% | -0.61% | -0.09% |
GOAI.DE Amundi MSCI Robotics & AI ESG Screened UCITS ETF Acc | 23.37% | 6.11% | 21.03% | 26.97% | -21.63% | 32.03% | 16.95% | 33.68% | -4.39% |
Correlation
The correlation between L8I3.DE and GOAI.DE is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since Oct 30, 2018 | -0.04 |
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Return for Risk
L8I3.DE vs. GOAI.DE — Risk / Return Rank
L8I3.DE
GOAI.DE
L8I3.DE vs. GOAI.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi EUR Overnight Return UCITS ETF (Acc) (L8I3.DE) and Amundi MSCI Robotics & AI ESG Screened UCITS ETF Acc (GOAI.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| L8I3.DE | GOAI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.42 | ||
| Sortino ratioReturn per unit of downside risk | +10.75 | ||
| Omega ratioGain probability vs. loss probability | 2.77 | 1.31 | +1.46 |
| Calmar ratioReturn relative to maximum drawdown | 45.01 | 2.56 | +42.45 |
| Martin ratioReturn relative to average drawdown | 172.38 | 6.58 | +165.80 |
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Drawdowns
L8I3.DE vs. GOAI.DE - Drawdown Comparison
The maximum L8I3.DE drawdown since its inception was -3.92%, smaller than the maximum GOAI.DE drawdown of -34.25%. Use the drawdown chart below to compare losses from any high point for L8I3.DE and GOAI.DE.
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Drawdown Indicators
| L8I3.DE | GOAI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.92% | -34.25% | +30.33% |
Max Drawdown (1Y)Largest decline over 1 year | -0.04% | -14.45% | +14.41% |
Max Drawdown (3Y)Largest decline over 3 years | -0.07% | -28.67% | +28.60% |
Max Drawdown (5Y)Largest decline over 5 years | -0.78% | -28.67% | +27.89% |
Max Drawdown (10Y)Largest decline over 10 years | -3.59% | — | — |
Current DrawdownCurrent decline from peak | -0.01% | -5.48% | +5.47% |
Average DrawdownAverage peak-to-trough decline | -0.89% | -7.15% | +6.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.01% | 5.62% | -5.61% |
Volatility
L8I3.DE vs. GOAI.DE - Volatility Comparison
The current volatility for Amundi EUR Overnight Return UCITS ETF (Acc) (L8I3.DE) is 0.07%, while Amundi MSCI Robotics & AI ESG Screened UCITS ETF Acc (GOAI.DE) has a volatility of 7.49%. This indicates that L8I3.DE experiences smaller price fluctuations and is considered to be less risky than GOAI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| L8I3.DE | GOAI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.07% | 7.49% | -7.42% |
Volatility (6M)Calculated over the trailing 6-month period | 0.21% | 16.13% | -15.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.32% | 21.16% | -20.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.26% | 19.90% | -19.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.21% | 20.29% | -20.08% |
L8I3.DE vs. GOAI.DE - Expense Ratio Comparison
L8I3.DE has a 0.10% expense ratio, which is lower than GOAI.DE's 0.35% expense ratio.
Dividends
L8I3.DE vs. GOAI.DE - Dividend Comparison
Neither L8I3.DE nor GOAI.DE has paid dividends to shareholders.
Frequently Asked Questions
L8I3.DE and GOAI.DE have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, L8I3.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
L8I3.DE is cheaper with a 0.10% expense ratio, compared with 0.35% for GOAI.DE.
L8I3.DE is categorized as Money Market, while GOAI.DE is Robotics. L8I3.DE tracks Solactive EUR Overnight Return Index, while GOAI.DE tracks MSCI ACWI IMI Robotics & AI ESG Filtered. Their fees differ too: 0.10% for L8I3.DE and 0.35% for GOAI.DE.
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