QWTM.L vs. IAIX.L

Last updated Jun 5, 2026

QWTM.L (WisdomTree Quantum Computing UCITS ETF - USD Acc) and IAIX.L (Invesco Artificial Intelligence Enablers UCITS ETF Acc) are both Technology Equities funds - QWTM.L tracks the WisdomTree Classiq Quantum Computing UCITS Index while IAIX.L tracks the S&P Kensho Global AI Enablers Screened Index. Both are passively managed. A 0.70 correlation means they provide meaningful diversification when combined. QWTM.L charges 0.50%/yr vs 0.35%/yr for IAIX.L.

Performance

QWTM.L vs. IAIX.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in WisdomTree Quantum Computing UCITS ETF - USD Acc (QWTM.L) and Invesco Artificial Intelligence Enablers UCITS ETF Acc (IAIX.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QWTM.L achieves a 51.52% return, which is significantly higher than IAIX.L's 38.54% return.

QWTM.L

• 1D: -1.88%
• 1M: 20.99%
• YTD: 51.52%
• 6M: 41.90%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IAIX.L

• 1D: -0.78%
• 1M: 19.97%
• YTD: 38.54%
• 6M: 34.38%
• 1Y: 78.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

QWTM.L vs. IAIX.L - Yearly Performance Comparison

	2026 (YTD)	2025
QWTM.L WisdomTree Quantum Computing UCITS ETF - USD Acc	51.52%	19.86%
IAIX.L Invesco Artificial Intelligence Enablers UCITS ETF Acc	38.54%	17.02%

Correlation

The correlation between QWTM.L and IAIX.L is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 4, 2025	0.70

Return for Risk

QWTM.L vs. IAIX.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IAIX.L

IAIX.L Risk / Return Rank: 82
IAIX.L Sharpe Ratio Rank: 89
IAIX.L Sortino Ratio Rank: 84
IAIX.L Omega Ratio Rank: 79
IAIX.L Calmar Ratio Rank: 88
IAIX.L Martin Ratio Rank: 71

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QWTM.L vs. IAIX.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Quantum Computing UCITS ETF - USD Acc (QWTM.L) and Invesco Artificial Intelligence Enablers UCITS ETF Acc (IAIX.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	QWTM.L	IAIX.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.98	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.11	1.88	+1.23

Drawdowns

QWTM.L vs. IAIX.L - Drawdown Comparison

The maximum QWTM.L drawdown since its inception was -23.74%, smaller than the maximum IAIX.L drawdown of -31.60%. Use the drawdown chart below to compare losses from any high point for QWTM.L and IAIX.L.

Drawdown Indicators

	QWTM.L	IAIX.L	Difference
Max Drawdown Largest peak-to-trough decline	-23.74%	-31.60%	+7.86%
Max Drawdown (1Y) Largest decline over 1 year	—	-15.39%	—
Current Drawdown Current decline from peak	-4.22%	-3.40%	-0.82%
Average Drawdown Average peak-to-trough decline	-10.21%	-7.31%	-2.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.05%	—

Volatility

Volatility by Period

	QWTM.L	IAIX.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.54%	—
Volatility (6M) Calculated over the trailing 6-month period	—	19.22%	—
Volatility (1Y) Calculated over the trailing 1-year period	39.18%	26.28%	+12.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.18%	29.55%	+9.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.18%	29.55%	+9.63%

QWTM.L vs. IAIX.L - Expense Ratio Comparison

QWTM.L has a 0.50% expense ratio, which is higher than IAIX.L's 0.35% expense ratio.

Dividends

QWTM.L vs. IAIX.L - Dividend Comparison

Neither QWTM.L nor IAIX.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both QWTM.L and IAIX.L in my portfolio?

QWTM.L and IAIX.L have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QWTM.L or IAIX.L?

On fees, IAIX.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QWTM.L or IAIX.L?

IAIX.L is cheaper with a 0.35% expense ratio, compared with 0.50% for QWTM.L.

What is the main difference between QWTM.L and IAIX.L?

QWTM.L tracks WisdomTree Classiq Quantum Computing UCITS Index, while IAIX.L tracks S&P Kensho Global AI Enablers Screened Index. They also come from different issuers: WisdomTree and Invesco. Their fees differ too: 0.50% for QWTM.L and 0.35% for IAIX.L.