XNNV.DE vs. XAIX

Last updated Apr 3, 2026

Compare and contrast key facts about Xtrackers MSCI Innovation UCITS ETF 1C (XNNV.DE) and Xtrackers Artificial Intelligence and Big Data ETF (XAIX).

XNNV.DE and XAIX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XNNV.DE is a passively managed fund by Xtrackers that tracks the performance of the MSCI ACWI IMI Innovation Select ESG Screened 200. It was launched on Jul 12, 2022. XAIX is a passively managed fund by Xtrackers that tracks the performance of the Nasdaq Global Artificial Intelligence and Big Data Index. It was launched on Aug 1, 2024. Both XNNV.DE and XAIX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

XNNV.DE vs. XAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers MSCI Innovation UCITS ETF 1C (XNNV.DE) and Xtrackers Artificial Intelligence and Big Data ETF (XAIX). The values are adjusted to include any dividend payments, if applicable.

XNNV.DE vs. XAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
XNNV.DE Xtrackers MSCI Innovation UCITS ETF 1C	-9.22%	2.05%	18.07%
XAIX Xtrackers Artificial Intelligence and Big Data ETF	-3.62%	13.74%	21.71%

Different Trading Currencies

XNNV.DE is traded in EUR, while XAIX is traded in USD. To make them comparable, the XAIX values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, XNNV.DE achieves a -9.22% return, which is significantly lower than XAIX's -3.87% return.

XNNV.DE

• 1D: 1.95%
• 1M: -2.01%
• YTD: -9.22%
• 6M: -9.08%
• 1Y: 1.53%
• 3Y*: 10.80%
• 5Y*: —
• 10Y*: —

XAIX

• 1D: 0.00%
• 1M: -1.68%
• YTD: -3.87%
• 6M: -1.92%
• 1Y: 19.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XNNV.DE vs. XAIX - Expense Ratio Comparison

XNNV.DE has a 0.30% expense ratio, which is lower than XAIX's 0.35% expense ratio.

XAIX

Xtrackers Artificial Intelligence and Big Data ETF

XNNV.DE

Xtrackers MSCI Innovation UCITS ETF 1C

Return for Risk

XNNV.DE vs. XAIX — Risk / Return Rank

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

XNNV.DE

XNNV.DE Risk / Return Rank: 15
XNNV.DE Sharpe Ratio Rank: 13
XNNV.DE Sortino Ratio Rank: 13
XNNV.DE Omega Ratio Rank: 13
XNNV.DE Calmar Ratio Rank: 19
XNNV.DE Martin Ratio Rank: 19

XAIX

XAIX Risk / Return Rank: 63
XAIX Sharpe Ratio Rank: 61
XAIX Sortino Ratio Rank: 63
XAIX Omega Ratio Rank: 61
XAIX Calmar Ratio Rank: 68
XAIX Martin Ratio Rank: 61

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.

XNNV.DE vs. XAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Innovation UCITS ETF 1C (XNNV.DE) 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.

	XNNV.DE	XAIX	Difference
Sharpe ratio Return per unit of total volatility	0.08	0.76	-0.68
Sortino ratio Return per unit of downside risk	0.24	1.18	-0.94
Omega ratio Gain probability vs. loss probability	1.03	1.17	-0.14
Calmar ratio Return relative to maximum drawdown	0.48	1.36	-0.89
Martin ratio Return relative to average drawdown	1.47	3.98	-2.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XNNV.DE vs. XAIX - Sharpe Ratio Comparison

The current XNNV.DE Sharpe Ratio is 0.08, which is lower than the XAIX Sharpe Ratio of 0.76. The chart below compares the historical Sharpe Ratios of XNNV.DE and XAIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XNNV.DE	XAIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.08	0.76	-0.68
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.78	-0.33

Correlation

The correlation between XNNV.DE and XAIX is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

XNNV.DE vs. XAIX - Dividend Comparison

XNNV.DE has not paid dividends to shareholders, while XAIX's dividend yield for the trailing twelve months is around 0.57%.

	TTM	2025	2024
XNNV.DE Xtrackers MSCI Innovation UCITS ETF 1C	0.00%	0.00%	0.00%
XAIX Xtrackers Artificial Intelligence and Big Data ETF	0.57%	0.54%	0.08%

Drawdowns

XNNV.DE vs. XAIX - Drawdown Comparison

The maximum XNNV.DE drawdown since its inception was -25.90%, smaller than the maximum XAIX drawdown of -27.79%. Use the drawdown chart below to compare losses from any high point for XNNV.DE and XAIX.

Drawdown Indicators

	XNNV.DE	XAIX	Difference
Max Drawdown Largest peak-to-trough decline	-25.90%	-23.95%	-1.95%
Max Drawdown (1Y) Largest decline over 1 year	-15.02%	-14.01%	-1.01%
Current Drawdown Current decline from peak	-12.54%	-9.17%	-3.37%
Average Drawdown Average peak-to-trough decline	-6.71%	-3.71%	-3.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.88%	4.10%	+0.78%

Volatility

XNNV.DE vs. XAIX - Volatility Comparison

The current volatility for Xtrackers MSCI Innovation UCITS ETF 1C (XNNV.DE) is 4.85%, while Xtrackers Artificial Intelligence and Big Data ETF (XAIX) has a volatility of 7.28%. This indicates that XNNV.DE 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

	XNNV.DE	XAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.85%	7.28%	-2.43%
Volatility (6M) Calculated over the trailing 6-month period	11.04%	15.05%	-4.01%
Volatility (1Y) Calculated over the trailing 1-year period	19.02%	25.89%	-6.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.18%	24.05%	-5.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.18%	24.05%	-5.87%