XNIF.L vs. XAIX

Last updated Jun 5, 2026

XNIF.L (Xtrackers Nifty 50 Swap UCITS ETF 1C) and XAIX (Xtrackers Artificial Intelligence and Big Data ETF) are both exchange-traded funds - XNIF.L is a Asia Pacific Equities fund tracking the MSCI India NR USD, while XAIX is a Technology Equities fund tracking the Nasdaq Global Artificial Intelligence and Big Data Index. Both are passively managed. Over the past year, XNIF.L returned -14.54% vs 55.61% for XAIX. At a 0.20 correlation, their price movements are largely independent. XNIF.L charges 0.85%/yr vs 0.35%/yr for XAIX.

Performance

XNIF.L vs. XAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers Nifty 50 Swap UCITS ETF 1C (XNIF.L) and Xtrackers Artificial Intelligence and Big Data ETF (XAIX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XNIF.L is traded in GBp, while XAIX is traded in USD. To make them comparable, the XAIX values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, XNIF.L achieves a -16.13% return, which is significantly lower than XAIX's 28.33% return.

XNIF.L

• 1D: 1.22%
• 1M: -3.90%
• YTD: -16.13%
• 6M: -16.53%
• 1Y: -14.54%
• 3Y*: -0.33%
• 5Y*: 3.30%
• 10Y*: 7.18%

XAIX

• 1D: -7.02%
• 1M: 8.35%
• YTD: 28.33%
• 6M: 26.87%
• 1Y: 55.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XNIF.L vs. XAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
XNIF.L Xtrackers Nifty 50 Swap UCITS ETF 1C	-16.13%	-1.71%	-3.94%
XAIX Xtrackers Artificial Intelligence and Big Data ETF	28.33%	19.86%	18.11%

Correlation

The correlation between XNIF.L and XAIX is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (All Time) Calculated using the full available price history since Aug 5, 2024	0.20

XNIF.L vs. XAIX - Sectors Allocation Comparison

Sectors	XNIF.L	XAIX
Technology	22.4%	71.7%
Consumer Cyclical	19.7%	8.9%
Communication Services	17.1%	14.1%
Financial Services	11.0%	5.2%
Healthcare	11.0%	0.0%
Consumer Defensive	7.7%	0.0%
Energy	5.4%	0.0%
Basic Materials	2.6%	0.0%
Industrials	2.3%	0.1%
Utilities	0.9%	0.0%
Real Estate	-	-

Return for Risk

XNIF.L vs. XAIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XNIF.L

XNIF.L Risk / Return Rank: 2
XNIF.L Sharpe Ratio Rank: 2
XNIF.L Sortino Ratio Rank: 2
XNIF.L Omega Ratio Rank: 2
XNIF.L Calmar Ratio Rank: 3
XNIF.L Martin Ratio Rank: 2

XAIX

XAIX Risk / Return Rank: 73
XAIX Sharpe Ratio Rank: 76
XAIX Sortino Ratio Rank: 66
XAIX Omega Ratio Rank: 73
XAIX Calmar Ratio Rank: 77
XAIX Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XNIF.L vs. XAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Nifty 50 Swap UCITS ETF 1C (XNIF.L) and Xtrackers Artificial Intelligence and Big Data ETF (XAIX). 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.

	XNIF.L	XAIX	Difference
Sharpe ratio: Return per unit of total volatility	-0.96	2.65	-3.61
Sortino ratio: Return per unit of downside risk	-1.33	3.23	-4.56
Omega ratio: Gain probability vs. loss probability	0.85	1.46	-0.60
Calmar ratio: Return relative to maximum drawdown	-0.66	4.03	-4.69
Martin ratio: Return relative to average drawdown	-1.41	11.81	-13.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XNIF.L vs. XAIX - Sharpe Ratio Comparison

The current XNIF.L Sharpe Ratio is -0.96, which is lower than the XAIX Sharpe Ratio of 2.65. The chart below compares the historical Sharpe Ratios of XNIF.L and XAIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XNIF.L	XAIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.96	2.65	-3.61
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.22	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.39	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	1.64	-1.39

Drawdowns

XNIF.L vs. XAIX - Drawdown Comparison

The maximum XNIF.L drawdown since its inception was -58.56%, which is greater than XAIX's maximum drawdown of -24.97%. Use the drawdown chart below to compare losses from any high point for XNIF.L and XAIX.

Drawdown Indicators

	XNIF.L	XAIX	Difference
Max Drawdown Largest peak-to-trough decline	-58.56%	-24.97%	-33.59%
Max Drawdown (1Y) Largest decline over 1 year	-21.09%	-13.88%	-7.21%
Max Drawdown (3Y) Largest decline over 3 years	-23.80%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.80%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-38.55%	—	—
Current Drawdown Current decline from peak	-22.51%	-9.69%	-12.82%
Average Drawdown Average peak-to-trough decline	-13.41%	-4.62%	-8.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.94%	4.72%	+5.22%

Volatility

XNIF.L vs. XAIX - Volatility Comparison

The current volatility for Xtrackers Nifty 50 Swap UCITS ETF 1C (XNIF.L) is 5.56%, while Xtrackers Artificial Intelligence and Big Data ETF (XAIX) has a volatility of 11.79%. This indicates that XNIF.L experiences smaller price fluctuations and is considered to be less risky than XAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XNIF.L	XAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.56%	11.79%	-6.23%
Volatility (6M) Calculated over the trailing 6-month period	12.21%	17.70%	-5.49%
Volatility (1Y) Calculated over the trailing 1-year period	14.57%	21.06%	-6.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.62%	23.50%	-7.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.38%	23.50%	-3.12%

XNIF.L vs. XAIX - Expense Ratio Comparison

XNIF.L has a 0.85% expense ratio, which is higher than XAIX's 0.35% expense ratio.

Dividends

XNIF.L vs. XAIX - Dividend Comparison

XNIF.L has not paid dividends to shareholders, while XAIX's dividend yield for the trailing twelve months is around 0.42%.

Position	TTM	2025	2024
XAIX Xtrackers Artificial Intelligence and Big Data ETF	0.42%	0.54%	0.08%
XNIF.L Xtrackers Nifty 50 Swap UCITS ETF 1C	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XNIF.L and XAIX in my portfolio?

XNIF.L and XAIX have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XNIF.L or XAIX?

On fees, XAIX is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XNIF.L or XAIX?

XAIX is cheaper with a 0.35% expense ratio, compared with 0.85% for XNIF.L.

What is the main difference between XNIF.L and XAIX?

XNIF.L is categorized as Asia Pacific Equities, while XAIX is Technology Equities. XNIF.L tracks MSCI India NR USD, while XAIX tracks Nasdaq Global Artificial Intelligence and Big Data Index. Their fees differ too: 0.85% for XNIF.L and 0.35% for XAIX.