XAIX.DE vs. XMLD.DE
XAIX.DE (Xtrackers Artificial Intelligence & Big Data UCITS ETF) and XMLD.DE (L&G Artificial Intelligence UCITS ETF) are both Technology Equities funds - XAIX.DE tracks the Nasdaq Global Artificial Intelligence and Big Data while XMLD.DE tracks the ROBO Global Artificial Intelligence. Both are passively managed. Over the past 5 years, XAIX.DE returned 22.22%/yr vs 19.02%/yr for XMLD.DE. Their correlation of 0.85 suggests significant overlap in exposure. XAIX.DE charges 0.35%/yr vs 0.49%/yr for XMLD.DE.
Performance
XAIX.DE vs. XMLD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XAIX.DE achieves a 37.21% return, which is significantly lower than XMLD.DE's 42.18% return.
XAIX.DE
- 1D
- -2.02%
- 1M
- 18.07%
- YTD
- 37.21%
- 6M
- 38.87%
- 1Y
- 62.15%
- 3Y*
- 36.02%
- 5Y*
- 22.22%
- 10Y*
- —
XMLD.DE
- 1D
- -0.78%
- 1M
- 20.65%
- YTD
- 42.18%
- 6M
- 39.73%
- 1Y
- 73.37%
- 3Y*
- 33.99%
- 5Y*
- 19.02%
- 10Y*
- —
XAIX.DE vs. XMLD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XAIX.DE Xtrackers Artificial Intelligence & Big Data UCITS ETF | 37.21% | 15.25% | 34.63% | 63.77% | -31.80% | 35.85% | 24.44% | -0.19% |
XMLD.DE L&G Artificial Intelligence UCITS ETF | 42.18% | 16.99% | 25.17% | 54.28% | -36.45% | 19.09% | 51.75% | 0.00% |
Correlation
The correlation between XAIX.DE and XMLD.DE is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.86 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 2019 | 0.85 |
The correlation between XAIX.DE and XMLD.DE has been stable across timeframes, ranging from 0.85 to 0.89 - a consistent structural relationship.
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Return for Risk
XAIX.DE vs. XMLD.DE — Risk / Return Rank
XAIX.DE
XMLD.DE
XAIX.DE vs. XMLD.DE - 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 L&G Artificial Intelligence UCITS ETF (XMLD.DE). 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.
| XAIX.DE | XMLD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.27 | ||
| Sortino ratioReturn per unit of downside risk | +0.58 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.44 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 5.11 | 4.62 | +0.49 |
| Martin ratioReturn relative to average drawdown | 14.72 | 12.52 | +2.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XAIX.DE | XMLD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.03 | 2.76 | +0.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.06 | 0.69 | +0.37 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.08 | 0.82 | +0.26 |
Drawdowns
XAIX.DE vs. XMLD.DE - Drawdown Comparison
The maximum XAIX.DE drawdown since its inception was -33.08%, smaller than the maximum XMLD.DE drawdown of -42.81%. Use the drawdown chart below to compare losses from any high point for XAIX.DE and XMLD.DE.
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Drawdown Indicators
| XAIX.DE | XMLD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.08% | -42.81% | +9.73% |
Max Drawdown (1Y)Largest decline over 1 year | -12.10% | -15.80% | +3.70% |
Max Drawdown (3Y)Largest decline over 3 years | -27.61% | -33.67% | +6.06% |
Max Drawdown (5Y)Largest decline over 5 years | -33.08% | -42.81% | +9.73% |
Current DrawdownCurrent decline from peak | -3.11% | -2.30% | -0.81% |
Average DrawdownAverage peak-to-trough decline | -7.39% | -13.51% | +6.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.21% | 5.84% | -1.63% |
Volatility
XAIX.DE vs. XMLD.DE - Volatility Comparison
The current volatility for Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.DE) is 8.63%, while L&G Artificial Intelligence UCITS ETF (XMLD.DE) has a volatility of 10.34%. This indicates that XAIX.DE experiences smaller price fluctuations and is considered to be less risky than XMLD.DE 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 | XMLD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.63% | 10.34% | -1.71% |
Volatility (6M)Calculated over the trailing 6-month period | 16.15% | 19.89% | -3.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.43% | 26.47% | -6.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.73% | 27.22% | -6.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.30% | 28.52% | -7.22% |
XAIX.DE vs. XMLD.DE - Expense Ratio Comparison
XAIX.DE has a 0.35% expense ratio, which is lower than XMLD.DE's 0.49% expense ratio.
Dividends
XAIX.DE vs. XMLD.DE - Dividend Comparison
Neither XAIX.DE nor XMLD.DE has paid dividends to shareholders.
Frequently Asked Questions
XAIX.DE and XMLD.DE have a correlation of 0.86, 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 XMLD.DE.
XAIX.DE tracks Nasdaq Global Artificial Intelligence and Big Data, while XMLD.DE tracks ROBO Global Artificial Intelligence. They also come from different issuers: Xtrackers and Legal & General. Their fees differ too: 0.35% for XAIX.DE and 0.49% for XMLD.DE.
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