XAID.L vs. CLO.L
XAID.L (Xtrackers Artificial Intelligence & Big Data UCITS ETF 1C) and CLO.L (Global X Cloud Computing UCITS ETF USD Acc) are both Technology Equities funds - XAID.L tracks the Nasdaq Global Artificial Intelligence and Big Data Index while CLO.L tracks the Indxx Global Cloud Computing Index. Both are passively managed. Over the past 3 years, XAID.L returned 37.21%/yr vs 3.19%/yr for CLO.L. A 0.73 correlation means they provide meaningful diversification when combined. XAID.L charges 0.35%/yr vs 0.55%/yr for CLO.L.
Performance
XAID.L vs. CLO.L - Performance Comparison
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Returns By Period
In the year-to-date period, XAID.L achieves a 30.80% return, which is significantly higher than CLO.L's -6.69% return.
XAID.L
- 1D
- 0.00%
- 1M
- 0.93%
- YTD
- 30.80%
- 6M
- 31.44%
- 1Y
- 50.67%
- 3Y*
- 37.21%
- 5Y*
- 19.49%
- 10Y*
- —
CLO.L
- 1D
- -2.43%
- 1M
- -7.68%
- YTD
- -6.69%
- 6M
- -7.19%
- 1Y
- -7.52%
- 3Y*
- 3.19%
- 5Y*
- —
- 10Y*
- —
XAID.L vs. CLO.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XAID.L Xtrackers Artificial Intelligence & Big Data UCITS ETF 1C | 30.80% | 29.99% | 27.58% | 67.18% | -35.60% | 2.08% |
CLO.L Global X Cloud Computing UCITS ETF USD Acc | -6.69% | -6.11% | 5.66% | 44.70% | -40.70% | -13.65% |
Correlation
The correlation between XAID.L and CLO.L is 0.57, 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 | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Nov 2, 2021 | 0.73 |
The correlation between XAID.L and CLO.L shifts across timeframes, from 0.57 (1 year) to 0.73 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XAID.L vs. CLO.L — Risk / Return Rank
XAID.L
CLO.L
XAID.L vs. CLO.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Artificial Intelligence & Big Data UCITS ETF 1C (XAID.L) and Global X Cloud Computing UCITS ETF USD Acc (CLO.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.
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.
| XAID.L | CLO.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.50 | ||
| Sortino ratioReturn per unit of downside risk | +3.19 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 0.98 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 3.94 | -0.28 | +4.22 |
| Martin ratioReturn relative to average drawdown | 12.48 | -0.65 | +13.13 |
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Drawdowns
XAID.L vs. CLO.L - Drawdown Comparison
The maximum XAID.L drawdown since its inception was -41.08%, smaller than the maximum CLO.L drawdown of -53.57%. Use the drawdown chart below to compare losses from any high point for XAID.L and CLO.L.
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Drawdown Indicators
| XAID.L | CLO.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.08% | -53.57% | +12.49% |
Max Drawdown (1Y)Largest decline over 1 year | -12.81% | -26.63% | +13.82% |
Max Drawdown (3Y)Largest decline over 3 years | -24.00% | -32.15% | +8.15% |
Max Drawdown (5Y)Largest decline over 5 years | -41.08% | — | — |
Current DrawdownCurrent decline from peak | -6.98% | -32.72% | +25.74% |
Average DrawdownAverage peak-to-trough decline | -8.17% | -34.35% | +26.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.05% | 11.60% | -7.55% |
Volatility
XAID.L vs. CLO.L - Volatility Comparison
The current volatility for Xtrackers Artificial Intelligence & Big Data UCITS ETF 1C (XAID.L) is 10.83%, while Global X Cloud Computing UCITS ETF USD Acc (CLO.L) has a volatility of 14.21%. This indicates that XAID.L experiences smaller price fluctuations and is considered to be less risky than CLO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XAID.L | CLO.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.83% | 14.21% | -3.38% |
Volatility (6M)Calculated over the trailing 6-month period | 19.25% | 26.39% | -7.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.42% | 29.76% | -7.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.30% | 30.39% | -5.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.32% | 30.39% | -6.07% |
XAID.L vs. CLO.L - Expense Ratio Comparison
XAID.L has a 0.35% expense ratio, which is lower than CLO.L's 0.55% expense ratio.
Dividends
XAID.L vs. CLO.L - Dividend Comparison
Neither XAID.L nor CLO.L has paid dividends to shareholders.
Frequently Asked Questions
XAID.L and CLO.L have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XAID.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XAID.L is cheaper with a 0.35% expense ratio, compared with 0.55% for CLO.L.
XAID.L tracks Nasdaq Global Artificial Intelligence and Big Data Index, while CLO.L tracks Indxx Global Cloud Computing Index. They also come from different issuers: Xtrackers and Global X. Their fees differ too: 0.35% for XAID.L and 0.55% for CLO.L.
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