XMLD.DE vs. IEVD.DE
XMLD.DE (L&G Artificial Intelligence UCITS ETF) and IEVD.DE (iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc)) are both Technology Equities funds - XMLD.DE tracks the ROBO Global Artificial Intelligence while IEVD.DE tracks the STOXX® Global Electric Vehicles & Driving Technology. Both are passively managed. Over the past 5 years, XMLD.DE returned 16.80%/yr vs 11.40%/yr for IEVD.DE. A 0.72 correlation means they provide meaningful diversification when combined. XMLD.DE charges 0.49%/yr vs 0.40%/yr for IEVD.DE.
Performance
XMLD.DE vs. IEVD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XMLD.DE achieves a 38.82% return, which is significantly lower than IEVD.DE's 41.56% return.
XMLD.DE
- 1D
- -1.67%
- 1M
- -1.44%
- 6M
- 36.84%
- YTD
- 38.82%
- 1Y
- 62.64%
- 3Y*
- 32.03%
- 5Y*
- 16.80%
- 10Y*
- —
IEVD.DE
- 1D
- -1.21%
- 1M
- -9.73%
- 6M
- 36.97%
- YTD
- 41.56%
- 1Y
- 58.47%
- 3Y*
- 16.70%
- 5Y*
- 11.40%
- 10Y*
- —
XMLD.DE vs. IEVD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XMLD.DE L&G Artificial Intelligence UCITS ETF | 38.82% | 16.99% | 25.20% | 54.24% | -36.43% | 19.04% | 50.37% | -2.72% |
IEVD.DE iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) | 41.56% | 10.71% | 5.35% | 22.95% | -23.22% | 26.64% | 20.42% | 14.01% |
Correlation
The correlation between XMLD.DE and IEVD.DE is 0.72, 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 | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2019 | 0.72 |
The correlation between XMLD.DE and IEVD.DE has been stable across timeframes, ranging from 0.72 to 0.75 - a consistent structural relationship.
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Return for Risk
XMLD.DE vs. IEVD.DE — Risk / Return Rank
XMLD.DE
IEVD.DE
XMLD.DE vs. IEVD.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 iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) (IEVD.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.
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.
| XMLD.DE | IEVD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.36 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.95 | 4.49 | -0.54 |
| Martin ratioReturn relative to average drawdown | 10.32 | 12.47 | -2.15 |
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Drawdowns
XMLD.DE vs. IEVD.DE - Drawdown Comparison
The maximum XMLD.DE drawdown since its inception was -42.77%, roughly equal to the maximum IEVD.DE drawdown of -42.30%. Use the drawdown chart below to compare losses from any high point for XMLD.DE and IEVD.DE.
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Drawdown Indicators
| XMLD.DE | IEVD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.77% | -42.30% | -0.47% |
Max Drawdown (1Y)Largest decline over 1 year | -15.79% | -12.96% | -2.83% |
Max Drawdown (3Y)Largest decline over 3 years | -33.66% | -30.25% | -3.41% |
Max Drawdown (5Y)Largest decline over 5 years | -42.77% | -30.43% | -12.34% |
Current DrawdownCurrent decline from peak | -5.66% | -12.50% | +6.84% |
Average DrawdownAverage peak-to-trough decline | -13.12% | -9.68% | -3.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.05% | 4.68% | +1.37% |
Volatility
XMLD.DE vs. IEVD.DE - Volatility Comparison
The current volatility for L&G Artificial Intelligence UCITS ETF (XMLD.DE) is 9.09%, while iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) (IEVD.DE) has a volatility of 10.09%. This indicates that XMLD.DE experiences smaller price fluctuations and is considered to be less risky than IEVD.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 | IEVD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.09% | 10.09% | -1.00% |
Volatility (6M)Calculated over the trailing 6-month period | 22.01% | 23.05% | -1.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.34% | 27.16% | +1.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.56% | 22.96% | +4.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.87% | 24.23% | +3.64% |
XMLD.DE vs. IEVD.DE - Expense Ratio Comparison
XMLD.DE has a 0.49% expense ratio, which is higher than IEVD.DE's 0.40% expense ratio.
Dividends
XMLD.DE vs. IEVD.DE - Dividend Comparison
Neither XMLD.DE nor IEVD.DE has paid dividends to shareholders.
Frequently Asked Questions
XMLD.DE and IEVD.DE have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IEVD.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IEVD.DE is cheaper with a 0.40% expense ratio, compared with 0.49% for XMLD.DE.
XMLD.DE tracks ROBO Global Artificial Intelligence, while IEVD.DE tracks STOXX® Global Electric Vehicles & Driving Technology. They also come from different issuers: Legal & General and iShares. Their fees differ too: 0.49% for XMLD.DE and 0.40% for IEVD.DE.
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