^NQROBO vs. XAIX.DE
Compare and contrast key facts about Nasdaq CTA Artificial Intelligence & Robotics (^NQROBO) and Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.DE).
XAIX.DE is a passively managed fund by Xtrackers that tracks the performance of the Nasdaq Global Artificial Intelligence and Big Data. It was launched on Jan 29, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^NQROBO or XAIX.DE.
Correlation
The correlation between ^NQROBO and XAIX.DE is 0.72, 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
^NQROBO vs. XAIX.DE - Performance Comparison
Key characteristics
^NQROBO:
-0.16
XAIX.DE:
0.66
^NQROBO:
-0.09
XAIX.DE:
0.98
^NQROBO:
0.99
XAIX.DE:
1.13
^NQROBO:
-0.09
XAIX.DE:
0.89
^NQROBO:
-0.52
XAIX.DE:
2.85
^NQROBO:
5.80%
XAIX.DE:
4.42%
^NQROBO:
19.18%
XAIX.DE:
19.16%
^NQROBO:
-44.12%
XAIX.DE:
-33.08%
^NQROBO:
-26.33%
XAIX.DE:
-12.07%
Returns By Period
In the year-to-date period, ^NQROBO achieves a -3.69% return, which is significantly higher than XAIX.DE's -5.11% return.
^NQROBO
-3.69%
-8.50%
5.77%
-5.06%
6.57%
N/A
XAIX.DE
-5.11%
-9.80%
13.61%
13.18%
21.85%
N/A
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Risk-Adjusted Performance
^NQROBO vs. XAIX.DE — Risk-Adjusted Performance Rank
^NQROBO
XAIX.DE
^NQROBO vs. XAIX.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nasdaq CTA Artificial Intelligence & Robotics (^NQROBO) and Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.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.
Drawdowns
^NQROBO vs. XAIX.DE - Drawdown Comparison
The maximum ^NQROBO drawdown since its inception was -44.12%, which is greater than XAIX.DE's maximum drawdown of -33.08%. Use the drawdown chart below to compare losses from any high point for ^NQROBO and XAIX.DE. For additional features, visit the drawdowns tool.
Volatility
^NQROBO vs. XAIX.DE - Volatility Comparison
The current volatility for Nasdaq CTA Artificial Intelligence & Robotics (^NQROBO) is 6.43%, while Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.DE) has a volatility of 7.09%. This indicates that ^NQROBO experiences smaller price fluctuations and is considered to be less risky than XAIX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.