XMLD.DE vs. EQQQ.DE
Compare and contrast key facts about L&G Artificial Intelligence UCITS ETF (XMLD.DE) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE).
XMLD.DE and EQQQ.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XMLD.DE is a passively managed fund by Legal & General that tracks the performance of the ROBO Global Artificial Intelligence. It was launched on Jun 26, 2019. EQQQ.DE is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Dec 2, 2002. Both XMLD.DE and EQQQ.DE 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: XMLD.DE or EQQQ.DE.
Key characteristics
| XMLD.DE | EQQQ.DE | |
|---|---|---|
| YTD Return | 6.43% | 15.14% |
| 1Y Return | 22.11% | 23.59% |
| 3Y Return (Ann) | 1.87% | 10.65% |
| 5Y Return (Ann) | 14.55% | 19.85% |
| Sharpe Ratio | 1.24 | 1.65 |
| Daily Std Dev | 20.87% | 16.39% |
| Max Drawdown | -42.81% | -47.03% |
| Current Drawdown | -6.68% | -7.40% |
Correlation
The correlation between XMLD.DE and EQQQ.DE is 0.87, 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
XMLD.DE vs. EQQQ.DE - Performance Comparison
In the year-to-date period, XMLD.DE achieves a 6.43% return, which is significantly lower than EQQQ.DE's 15.14% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XMLD.DE vs. EQQQ.DE - Expense Ratio Comparison
XMLD.DE has a 0.49% expense ratio, which is higher than EQQQ.DE's 0.30% expense ratio.
Risk-Adjusted Performance
XMLD.DE vs. EQQQ.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Artificial Intelligence UCITS ETF (XMLD.DE) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.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.
Dividends
XMLD.DE vs. EQQQ.DE - Dividend Comparison
XMLD.DE has not paid dividends to shareholders, while EQQQ.DE's dividend yield for the trailing twelve months is around 0.43%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XMLD.DE 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% | 0.00% |
EQQQ.DE Invesco EQQQ NASDAQ-100 UCITS ETF | 0.43% | 0.39% | 0.57% | 0.25% | 0.41% | 0.54% | 0.64% | 0.68% | 0.78% | 0.73% | 0.97% | 0.94% |
Drawdowns
XMLD.DE vs. EQQQ.DE - Drawdown Comparison
The maximum XMLD.DE drawdown since its inception was -42.81%, smaller than the maximum EQQQ.DE drawdown of -47.03%. Use the drawdown chart below to compare losses from any high point for XMLD.DE and EQQQ.DE. For additional features, visit the drawdowns tool.
Volatility
XMLD.DE vs. EQQQ.DE - Volatility Comparison
L&G Artificial Intelligence UCITS ETF (XMLD.DE) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE) have volatilities of 5.72% and 6.01%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.