XMLD.DE vs. ETLF.DE
XMLD.DE (L&G Artificial Intelligence UCITS ETF) and ETLF.DE (L&G All Commodities UCITS ETF) are both exchange-traded funds - XMLD.DE is a Technology Equities fund tracking the ROBO Global Artificial Intelligence, while ETLF.DE is a Commodities fund tracking the Bloomberg Commodity. Both are passively managed. Over the past 5 years, XMLD.DE returned 19.02%/yr vs 12.26%/yr for ETLF.DE. At a 0.10 correlation, their price movements are largely independent. XMLD.DE charges 0.49%/yr vs 0.15%/yr for ETLF.DE.
Performance
XMLD.DE vs. ETLF.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XMLD.DE achieves a 42.18% return, which is significantly higher than ETLF.DE's 23.78% return.
XMLD.DE
- 1D
- -0.78%
- 1M
- 20.65%
- YTD
- 42.18%
- 6M
- 39.73%
- 1Y
- 73.37%
- 3Y*
- 33.99%
- 5Y*
- 19.02%
- 10Y*
- —
ETLF.DE
- 1D
- -1.48%
- 1M
- -2.99%
- YTD
- 23.78%
- 6M
- 24.44%
- 1Y
- 35.03%
- 3Y*
- 12.51%
- 5Y*
- 12.26%
- 10Y*
- —
XMLD.DE vs. ETLF.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XMLD.DE L&G Artificial Intelligence UCITS ETF | 42.18% | 16.99% | 25.17% | 54.28% | -36.45% | 19.09% | 51.75% | 0.00% |
ETLF.DE L&G All Commodities UCITS ETF | 23.78% | 4.67% | 10.97% | -10.24% | 21.51% | 40.15% | -13.51% | 0.85% |
Correlation
The correlation between XMLD.DE and ETLF.DE is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 2019 | 0.10 |
The correlation between XMLD.DE and ETLF.DE shifts across timeframes, from -0.03 (1 year) to 0.10 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XMLD.DE vs. ETLF.DE — Risk / Return Rank
XMLD.DE
ETLF.DE
XMLD.DE vs. ETLF.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Artificial Intelligence UCITS ETF (XMLD.DE) and L&G All Commodities UCITS ETF (ETLF.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.
| XMLD.DE | ETLF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.90 | ||
| Sortino ratioReturn per unit of downside risk | +1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.34 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 4.62 | 3.96 | +0.66 |
| Martin ratioReturn relative to average drawdown | 12.52 | 8.79 | +3.73 |
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
| XMLD.DE | ETLF.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.76 | 1.86 | +0.90 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.71 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.53 | +0.30 |
Drawdowns
XMLD.DE vs. ETLF.DE - Drawdown Comparison
The maximum XMLD.DE drawdown since its inception was -42.81%, which is greater than ETLF.DE's maximum drawdown of -28.78%. Use the drawdown chart below to compare losses from any high point for XMLD.DE and ETLF.DE.
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Drawdown Indicators
| XMLD.DE | ETLF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.81% | -28.78% | -14.03% |
Max Drawdown (1Y)Largest decline over 1 year | -15.80% | -8.80% | -7.00% |
Max Drawdown (3Y)Largest decline over 3 years | -33.67% | -15.96% | -17.71% |
Max Drawdown (5Y)Largest decline over 5 years | -42.81% | -27.00% | -15.81% |
Current DrawdownCurrent decline from peak | -2.30% | -4.91% | +2.61% |
Average DrawdownAverage peak-to-trough decline | -13.51% | -12.13% | -1.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.84% | 3.97% | +1.87% |
Volatility
XMLD.DE vs. ETLF.DE - Volatility Comparison
L&G Artificial Intelligence UCITS ETF (XMLD.DE) has a higher volatility of 10.34% compared to L&G All Commodities UCITS ETF (ETLF.DE) at 5.93%. This indicates that XMLD.DE's price experiences larger fluctuations and is considered to be riskier than ETLF.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XMLD.DE | ETLF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.34% | 5.93% | +4.41% |
Volatility (6M)Calculated over the trailing 6-month period | 19.89% | 16.60% | +3.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.47% | 18.79% | +7.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.22% | 17.09% | +10.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.52% | 15.59% | +12.93% |
XMLD.DE vs. ETLF.DE - Expense Ratio Comparison
XMLD.DE has a 0.49% expense ratio, which is higher than ETLF.DE's 0.15% expense ratio.
Dividends
XMLD.DE vs. ETLF.DE - Dividend Comparison
Neither XMLD.DE nor ETLF.DE has paid dividends to shareholders.
Frequently Asked Questions
XMLD.DE and ETLF.DE have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ETLF.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETLF.DE is cheaper with a 0.15% expense ratio, compared with 0.49% for XMLD.DE.
XMLD.DE is categorized as Technology Equities, while ETLF.DE is Commodities. XMLD.DE tracks ROBO Global Artificial Intelligence, while ETLF.DE tracks Bloomberg Commodity. Their fees differ too: 0.49% for XMLD.DE and 0.15% for ETLF.DE.
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