VEVE.AS vs. AIAI.L
Compare and contrast key facts about Vanguard FTSE Developed World UCITS ETF (VEVE.AS) and L&G Artificial Intelligence UCITS ETF (AIAI.L).
VEVE.AS and AIAI.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VEVE.AS is a passively managed fund by Vanguard that tracks the performance of the MSCI ACWI NR USD. It was launched on Sep 30, 2014. AIAI.L is a passively managed fund by Legal & General that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Jun 26, 2019. Both VEVE.AS and AIAI.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VEVE.AS or AIAI.L.
Correlation
The correlation between VEVE.AS and AIAI.L is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
VEVE.AS vs. AIAI.L - Performance Comparison
Key characteristics
VEVE.AS:
2.41
AIAI.L:
0.90
VEVE.AS:
3.23
AIAI.L:
1.33
VEVE.AS:
1.49
AIAI.L:
1.17
VEVE.AS:
3.23
AIAI.L:
1.07
VEVE.AS:
15.50
AIAI.L:
4.57
VEVE.AS:
1.73%
AIAI.L:
4.37%
VEVE.AS:
11.03%
AIAI.L:
22.14%
VEVE.AS:
-33.57%
AIAI.L:
-49.61%
VEVE.AS:
-1.77%
AIAI.L:
-4.96%
Returns By Period
In the year-to-date period, VEVE.AS achieves a 26.78% return, which is significantly higher than AIAI.L's 19.80% return.
VEVE.AS
26.78%
0.52%
9.39%
26.45%
12.43%
11.45%
AIAI.L
19.80%
0.11%
10.22%
19.98%
15.77%
N/A
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VEVE.AS vs. AIAI.L - Expense Ratio Comparison
VEVE.AS has a 0.12% expense ratio, which is lower than AIAI.L's 0.49% expense ratio.
Risk-Adjusted Performance
VEVE.AS vs. AIAI.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Developed World UCITS ETF (VEVE.AS) and L&G Artificial Intelligence UCITS ETF (AIAI.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.
Dividends
VEVE.AS vs. AIAI.L - Dividend Comparison
VEVE.AS's dividend yield for the trailing twelve months is around 1.45%, while AIAI.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
VEVE.AS Vanguard FTSE Developed World UCITS ETF | 1.45% | 1.73% | 2.04% | 1.43% | 1.61% | 1.89% | 2.28% | 1.97% | 1.98% | 2.05% | 0.24% |
AIAI.L L&G Artificial Intelligence UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
VEVE.AS vs. AIAI.L - Drawdown Comparison
The maximum VEVE.AS drawdown since its inception was -33.57%, smaller than the maximum AIAI.L drawdown of -49.61%. Use the drawdown chart below to compare losses from any high point for VEVE.AS and AIAI.L. For additional features, visit the drawdowns tool.
Volatility
VEVE.AS vs. AIAI.L - Volatility Comparison
The current volatility for Vanguard FTSE Developed World UCITS ETF (VEVE.AS) is 2.65%, while L&G Artificial Intelligence UCITS ETF (AIAI.L) has a volatility of 6.11%. This indicates that VEVE.AS experiences smaller price fluctuations and is considered to be less risky than AIAI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.