UOVEY vs. XAIX
UOVEY (United Overseas Bank Ltd ADR) is a stock, while XAIX (Xtrackers Artificial Intelligence and Big Data ETF) is Technology Equities fund tracking the Nasdaq Global Artificial Intelligence and Big Data Index. Over the past year, UOVEY returned 15.71% vs 52.34% for XAIX. At a 0.36 correlation, their price movements are largely independent.
Performance
UOVEY vs. XAIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UOVEY achieves a 14.74% return, which is significantly lower than XAIX's 33.16% return.
UOVEY
- 1D
- -0.41%
- 1M
- 3.50%
- YTD
- 14.74%
- 6M
- 14.44%
- 1Y
- 15.71%
- 3Y*
- 20.67%
- 5Y*
- 15.72%
- 10Y*
- 14.63%
XAIX
- 1D
- 2.25%
- 1M
- 1.62%
- YTD
- 33.16%
- 6M
- 32.37%
- 1Y
- 52.34%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
UOVEY vs. XAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
UOVEY United Overseas Bank Ltd ADR | 14.74% | 8.71% | 15.74% |
XAIX Xtrackers Artificial Intelligence and Big Data ETF | 33.16% | 29.05% | 15.21% |
Correlation
The correlation between UOVEY and XAIX is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Aug 2, 2024 | 0.36 |
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
UOVEY vs. XAIX — Risk / Return Rank
UOVEY
XAIX
UOVEY vs. XAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for United Overseas Bank Ltd ADR (UOVEY) and Xtrackers Artificial Intelligence and Big Data ETF (XAIX). 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.
| UOVEY | XAIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.12 | ||
| Sortino ratioReturn per unit of downside risk | -1.18 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.38 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.61 | 3.75 | -2.14 |
| Martin ratioReturn relative to average drawdown | 3.00 | 12.46 | -9.46 |
Loading charts...
Drawdowns
UOVEY vs. XAIX - Drawdown Comparison
The maximum UOVEY drawdown since its inception was -65.99%, which is greater than XAIX's maximum drawdown of -23.95%. Use the drawdown chart below to compare losses from any high point for UOVEY and XAIX.
Loading charts...
Drawdown Indicators
| UOVEY | XAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.99% | -23.95% | -42.04% |
Max Drawdown (1Y)Largest decline over 1 year | -9.80% | -14.01% | +4.21% |
Max Drawdown (3Y)Largest decline over 3 years | -19.21% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.13% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -43.81% | — | — |
Current DrawdownCurrent decline from peak | -0.41% | -6.24% | +5.83% |
Average DrawdownAverage peak-to-trough decline | -11.71% | -3.60% | -8.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.26% | 4.21% | +1.05% |
Volatility
UOVEY vs. XAIX - Volatility Comparison
The current volatility for United Overseas Bank Ltd ADR (UOVEY) is 4.09%, while Xtrackers Artificial Intelligence and Big Data ETF (XAIX) has a volatility of 13.95%. This indicates that UOVEY experiences smaller price fluctuations and is considered to be less risky than XAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UOVEY | XAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.09% | 13.95% | -9.86% |
Volatility (6M)Calculated over the trailing 6-month period | 12.23% | 21.24% | -9.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.74% | 24.04% | -9.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.74% | 24.70% | -6.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.52% | 24.70% | -4.18% |
Dividends
UOVEY vs. XAIX - Dividend Comparison
UOVEY's dividend yield for the trailing twelve months is around 4.61%, more than XAIX's 0.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UOVEY United Overseas Bank Ltd ADR | 4.61% | 6.35% | 4.85% | 5.58% | 3.83% | 3.68% | 2.50% | 4.66% | 4.76% | 3.99% | 8.08% | 5.82% |
XAIX Xtrackers Artificial Intelligence and Big Data ETF | 0.39% | 0.54% | 0.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
UOVEY and XAIX have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XAIX has higher volatility (13.95%) compared to UOVEY (4.09%). In terms of maximum drawdown, UOVEY dropped -65.99% vs XAIX's -23.95%.
XAIX currently has the higher Sharpe Ratio (2.19 vs 1.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for UOVEY and XAIX
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