XAXJ.L - Risk

Risk & Diversification Scores

Transparent evaluation of price volatility (SRI) and 4-dimensional portfolio diversification.

Volatility Risk Score

7/7 Very High

7 / 7 SRI PRIIPs Risk Class

Very high volatility or fundamental risks. Significant loss potential; strictly for aggressive investors.

Volatility (5Y)

30.7% p.a.

5-Year Horizon

Max Drawdown (5Y)

-31.5%

Deepest Drawdown

Sharpe Ratio

-0.04

Negative (< 0.0)

Rec. Holding Period

10+ Years

Investment Horizon

Speculative / High Risk: Score Basis:

Diversification Score

Broadly Diversified (< 35%)

68 / 100 Portfolio Diversification

4 Dimensions: Holdings (30%) • Sectors (25%) • Industries (25%) • Regions (20%)

High risk diversification: No dependency on individual heavyweights.

Top 10 Holdings

33%

Low Concentration

Effective Holdings

~61

of 92 holdings

Top Sector

25.8%

Technology

Top Region / Country

65.5%

United States

Excellent multi-dimensional diversification across holdings, industries, and geographies.

Multi-Horizon Risk & Performance Matrix

Historical volatility, drawdowns, and risk-adjusted return across 1, 3, 5, and 10 years.

Volatility Expansion (3Y > 5Y) High Volatility

Timeframe	Volatility (p.a.)	Max Drawdown	Sharpe Ratio	Return (p.a.)
1 Year	—	—	—	-5.8%
3 Years	36.3%	-31.5%	0.18	+9.1%
5 Years	30.7%	-31.5%	-0.04	+1.3%
10 Years	27.7%	-35.1%	0.06	+4.1%

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 20.5

🟢 Balanced position distribution (< 35% in Top 10)

🟢 Deep market liquidity & capital coverage (Tier 1)

Solid fund volume

🟡 Moderate analyst coverage (19.8 analysts)

⚠️ Elevated emerging markets risk: 27% Emerging Markets.

⚠️ Elevated Interest Rate Sensitivity: 42% in rate-sensitive or leverage-heavy industries (real estate, banks, utilities).

⚠️ Elevated Regulatory & Policy Risk: 37% in heavily regulated industries (defense, regulated utilities, healthcare policy).

⚠️ Elevated Short-Term Volatility: 3Y volatility (36.3%) is noticeably higher than the 5Y average (30.7%).

🔴 Structurally High Volatility: Above-average fluctuations persist across 5 to 10 years (30.7% p.a.).