Xtrackers Artificial Intelligence and Big… (XAIX) Valuation
XAIX valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 27.0 trailing earnings
- Forward P/E
- 20.9 analyst estimates
- Price / sales
- 3.16
- Price / book
- 5.98
- EV / EBITDA
- 19.6
- Earnings yield
- 3.70% inverse of P/E
- Dividend yield
- 0.78% of the holdings
- Return on equity
- 22.1% combined
- Net margin
- 11.7% combined
- Beta
- 1.33 weighted, vs S&P 500
XAIX valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| XAIX | 27.0 | 20.9 | 3.16 | 5.98 | 0.78% | 22.1% | 11.7% | 5.7% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
XAIX valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 72.8% | 34.4 | 22.9 | 7.01 | 10.05 | 0.53% | 29.2% |
| Communication Services | 12.5% | 15.9 | 16.0 | 3.35 | 3.80 | 1.74% | 23.9% |
| Consumer Cyclical | 7.2% | 22.0 | 21.0 | 0.65 | 2.99 | 0.34% | 13.6% |
| Consumer Defensive | 3.8% | 43.0 | 38.0 | 1.28 | 8.93 | 0.83% | 20.7% |
| Financial Services | 3.7% | 12.2 | 10.8 | 3.12 | 1.42 | 2.50% | 11.6% |
XAIX earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How XAIX weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
XAIX largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| MSFT | Microsoft Corporation | 6.11% | 29.5 | 25.1 | 11.8 | 0.74% | 6.49% |
| NVDA | NVIDIA Corporation | 4.96% | 27.1 | 24.9 | 17.1 | 0.47% | 5.74% |
| AAPL | Apple Inc. | 4.78% | 39.4 | 35.2 | 10.7 | 0.31% | 3.80% |
| AMZN | Amazon.com, Inc. | 4.55% | 20.1 | 23.6 | 3.5 | — | 7.09% |
| META | Meta Platforms, Inc. | 4.49% | 26.7 | 22.1 | 7.9 | 0.30% | 5.27% |
| GOOGL | Alphabet Inc. | 4.02% | 17.1 | 22.8 | 9.3 | 0.26% | 7.37% |
| SSNLF | Samsung Electronics Co Ltd | 3.85% | — | — | — | — | — |
| WMT | Walmart Inc. | 3.80% | 43.0 | 38.0 | 1.3 | 0.83% | 2.77% |
| PLTR | Palantir Technologies Inc. | 3.76% | 160.4 | 85.5 | 72.6 | — | 0.73% |
| MU | Micron Technology, Inc. | 3.64% | 11.8 | 7.0 | 7.5 | 0.07% | 9.66% |
| BAC | Bank of America Corporation | 3.56% | 12.2 | 10.8 | 3.1 | 2.50% | 9.13% |
| AMD | Advanced Micro Devices, Inc. | 3.54% | 134.9 | 39.5 | 20.9 | — | 0.82% |
| CSCO | Cisco Systems, Inc. | 3.53% | 32.2 | 19.8 | 6.7 | 1.56% | 3.43% |
| 000660 | SK Hynix Inc | 3.15% | — | — | — | — | — |
| INTC | Intel Corporation | 2.79% | — | 63.3 | 8.3 | — | −2.06% |
| PANW | Palo Alto Networks, Inc. | 2.66% | 855.0 | 94.3 | 24.4 | — | 0.10% |
| BABA | Alibaba Group Holding Limited | 2.53% | 26.4 | 17.9 | 0.3 | 0.96% | 3.01% |
| ORCL | Oracle Corporation | 2.47% | 20.1 | 17.8 | 5.4 | 1.56% | 3.85% |
| DELL | Dell Technologies Inc. | 2.45% | 26.3 | 21.3 | 1.9 | 0.56% | 2.93% |
| SAP | SAP SE | 2.39% | — | — | — | — | — |
| CRWD | CrowdStrike Holdings, Inc. | 1.98% | — | 208.3 | 43.1 | — | 0.02% |
| IBM | International Business Machines Corporation | 1.88% | 20.6 | 17.4 | 3.2 | 2.91% | 2.86% |
| ANET | Arista Networks, Inc. | 1.84% | 55.8 | 39.2 | 21.2 | — | 1.03% |
| CRM | Salesforce, Inc. | 1.80% | 22.0 | 14.0 | 4.5 | 0.73% | 2.56% |
| VZ | Verizon Communications Inc. | 1.76% | 11.7 | 8.7 | 1.3 | 6.32% | 4.73% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About XAIX valuation
Adding up its 64 holdings with company data, XAIX trades at 27.0 times trailing earnings and 20.9 times analysts' forward estimates, with a price-to-book ratio of 5.98 and a dividend yield of 0.78%. Its earnings yield of 3.70% is 1.63 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 44.0% of the fund and earn 58.1% of its combined profit. By sector, Consumer Defensive is the most expensive at 43.0 times earnings and Financial Services the cheapest at 12.2. Companies that lost money over the past year are 5.7% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 86.2% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: XAIX chart, XAIX performance, XAIX holdings, XAIX dividends.
XAIX valuation FAQ
What is the P/E ratio of XAIX?
Based on its holdings, XAIX has a trailing P/E of 27.0 and a forward P/E of 20.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of XAIX?
The trailing earnings yield is 3.70% (1 ÷ P/E) and the forward earnings yield 4.78%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is XAIX more expensive than the S&P 500?
XAIX trades at 27.0 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 20.9 and 19.9.
What is the price-to-book ratio of XAIX?
The holdings of XAIX trade at 5.98 times book value, with a combined return on equity of 22.1%.
Which sector in XAIX has the highest P/E?
Consumer Defensive has the highest P/E at 43.0 and Financial Services the lowest at 12.2.