XAIX.DE vs. NATO.L
XAIX.DE (Xtrackers Artificial Intelligence & Big Data UCITS ETF) and NATO.L (HANetf Future of Defence UCITS ETF - Accumulating) are both exchange-traded funds - XAIX.DE is a Technology Equities fund tracking the Nasdaq Global Artificial Intelligence and Big Data, while NATO.L is a Aerospace & Defense fund tracking the EQM Future of Defence Index. Both are passively managed. Over the past year, XAIX.DE returned 54.48% vs 17.30% for NATO.L. A 0.61 correlation means they provide meaningful diversification when combined. XAIX.DE charges 0.35%/yr vs 0.49%/yr for NATO.L.
Performance
XAIX.DE vs. NATO.L - Performance Comparison
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Different Trading Currencies
XAIX.DE is traded in EUR, while NATO.L is traded in USD. To make them comparable, the NATO.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, XAIX.DE achieves a 32.20% return, which is significantly higher than NATO.L's 11.99% return.
XAIX.DE
- 1D
- 3.39%
- 1M
- 7.41%
- YTD
- 32.20%
- 6M
- 35.31%
- 1Y
- 54.48%
- 3Y*
- 33.45%
- 5Y*
- 20.87%
- 10Y*
- —
NATO.L
- 1D
- 0.00%
- 1M
- 6.49%
- YTD
- 11.99%
- 6M
- 12.58%
- 1Y
- 17.30%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XAIX.DE vs. NATO.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XAIX.DE Xtrackers Artificial Intelligence & Big Data UCITS ETF | 32.20% | 15.25% | 34.63% | 16.06% |
NATO.L HANetf Future of Defence UCITS ETF - Accumulating | 11.99% | 36.45% | 40.70% | 15.33% |
Correlation
The correlation between XAIX.DE and NATO.L is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Jul 3, 2023 | 0.61 |
The correlation between XAIX.DE and NATO.L shifts across timeframes, from 0.50 (1 year) to 0.61 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XAIX.DE vs. NATO.L — Risk / Return Rank
XAIX.DE
NATO.L
XAIX.DE vs. NATO.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.DE) and HANetf Future of Defence UCITS ETF - Accumulating (NATO.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.
| XAIX.DE | NATO.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.71 | ||
| Sortino ratioReturn per unit of downside risk | +2.07 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.16 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 4.48 | 1.39 | +3.09 |
| Martin ratioReturn relative to average drawdown | 12.35 | 3.11 | +9.24 |
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Drawdowns
XAIX.DE vs. NATO.L - Drawdown Comparison
The maximum XAIX.DE drawdown since its inception was -33.08%, which is greater than NATO.L's maximum drawdown of -13.59%. Use the drawdown chart below to compare losses from any high point for XAIX.DE and NATO.L.
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Drawdown Indicators
| XAIX.DE | NATO.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.08% | -13.59% | -19.49% |
Max Drawdown (1Y)Largest decline over 1 year | -12.10% | -12.37% | +0.27% |
Max Drawdown (3Y)Largest decline over 3 years | -27.61% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -33.08% | — | — |
Current DrawdownCurrent decline from peak | -6.65% | -3.87% | -2.78% |
Average DrawdownAverage peak-to-trough decline | -7.63% | -2.53% | -5.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.40% | 5.56% | -1.16% |
Volatility
XAIX.DE vs. NATO.L - Volatility Comparison
Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.DE) has a higher volatility of 9.60% compared to HANetf Future of Defence UCITS ETF - Accumulating (NATO.L) at 6.81%. This indicates that XAIX.DE's price experiences larger fluctuations and is considered to be riskier than NATO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XAIX.DE | NATO.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.60% | 6.81% | +2.79% |
Volatility (6M)Calculated over the trailing 6-month period | 17.26% | 16.16% | +1.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.31% | 20.56% | +0.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.90% | 19.28% | +1.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.77% | 19.28% | +2.49% |
XAIX.DE vs. NATO.L - Expense Ratio Comparison
XAIX.DE has a 0.35% expense ratio, which is lower than NATO.L's 0.49% expense ratio.
Dividends
XAIX.DE vs. NATO.L - Dividend Comparison
Neither XAIX.DE nor NATO.L has paid dividends to shareholders.
Frequently Asked Questions
XAIX.DE and NATO.L have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XAIX.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XAIX.DE is cheaper with a 0.35% expense ratio, compared with 0.49% for NATO.L.
XAIX.DE is categorized as Technology Equities, while NATO.L is Aerospace & Defense. XAIX.DE tracks Nasdaq Global Artificial Intelligence and Big Data, while NATO.L tracks EQM Future of Defence Index. They also come from different issuers: Xtrackers and HANetf. Their fees differ too: 0.35% for XAIX.DE and 0.49% for NATO.L.
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