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AGIX vs. QQQ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

AGIX vs. QQQ

Last updated Jun 4, 2026

AGIX (KraneShares Artificial Intelligence & Technology ETF) and QQQ (Invesco QQQ ETF) are both exchange-traded funds - AGIX is a Technology Equities fund tracking the Solactive Etna Artificial General Intelligence Index, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past year, AGIX returned 65.78% vs 41.82% for QQQ. Their correlation of 0.88 suggests significant overlap in exposure. AGIX charges 1.00%/yr vs 0.18%/yr for QQQ.

Performance

AGIX vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares Artificial Intelligence & Technology ETF (AGIX) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, AGIX achieves a 33.40% return, which is significantly higher than QQQ's 21.30% return.

AGIX

1D
-1.84%
1M
18.09%
YTD
33.40%
6M
34.78%
1Y
65.78%
3Y*
—
5Y*
—
10Y*
—

QQQ

1D
-0.26%
1M
10.60%
YTD
21.30%
6M
19.66%
1Y
41.82%
3Y*
28.78%
5Y*
17.97%
10Y*
21.94%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AGIX vs. QQQ - Yearly Performance Comparison

2026 (YTD)20252024
AGIX
KraneShares Artificial Intelligence & Technology ETF		33.40%29.24%15.47%
QQQ
Invesco QQQ ETF		21.30%20.77%6.94%

Correlation

The correlation between AGIX and QQQ is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.84

Correlation (All Time)
Calculated using the full available price history since Jul 19, 2024

0.88

The correlation between AGIX and QQQ has been stable across timeframes, ranging from 0.84 to 0.88 - a consistent structural relationship.

AGIX vs. QQQ - Sectors Allocation Comparison

Sectors
AGIX
QQQ

Technology

69.6%
53.8%

Communication Services

10.5%
15.8%

Consumer Cyclical

6.1%
12.3%

Financial Services

5.6%
0.2%

Industrials

2.2%
2.8%

Utilities

1.2%
1.4%

Healthcare

0.9%
4.2%

Basic Materials

-

1.1%

Consumer Defensive

-

7.7%

Energy

-

0.6%

Real Estate

-

0.1%

Technology

AGIX
69.6%
QQQ
53.8%

Communication Services

AGIX
10.5%
QQQ
15.8%

Consumer Cyclical

AGIX
6.1%
QQQ
12.3%

Financial Services

AGIX
5.6%
QQQ
0.2%

Industrials

AGIX
2.2%
QQQ
2.8%

Utilities

AGIX
1.2%
QQQ
1.4%

Healthcare

AGIX
0.9%
QQQ
4.2%

Basic Materials

AGIX

-

QQQ
1.1%

Consumer Defensive

AGIX

-

QQQ
7.7%

Energy

AGIX

-

QQQ
0.6%

Real Estate

AGIX

-

QQQ
0.1%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

KraneShares Artificial Intelligence & Technology ETF

Invesco QQQ ETF

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Often compared with QQQ:
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Return for Risk

AGIX vs. QQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
AGIX
AGIX Risk / Return Rank: 6868
Overall Rank
AGIX Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
AGIX Sortino Ratio Rank: 7171
Sortino Ratio Rank
AGIX Omega Ratio Rank: 6868
Omega Ratio Rank
AGIX Calmar Ratio Rank: 6666
Calmar Ratio Rank
AGIX Martin Ratio Rank: 5555
Martin Ratio Rank
QQQ
QQQ Risk / Return Rank: 7373
Overall Rank
QQQ Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
QQQ Sortino Ratio Rank: 7575
Sortino Ratio Rank
QQQ Omega Ratio Rank: 7474
Omega Ratio Rank
QQQ Calmar Ratio Rank: 6969
Calmar Ratio Rank
QQQ Martin Ratio Rank: 7171
Martin Ratio Rank
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.

AGIX vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares Artificial Intelligence & Technology ETF (AGIX) and Invesco QQQ ETF (QQQ). 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.

AGIXQQQDifference
Sharpe ratioReturn per unit of total volatility
2.63
2.64

0.00

Sortino ratioReturn per unit of downside risk
3.27
3.45

-0.18

Omega ratioGain probability vs. loss probability

1.42

1.45

-0.04

Calmar ratioReturn relative to maximum drawdown

3.33

3.51

-0.18

Martin ratioReturn relative to average drawdown

9.79

13.49

-3.70

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AGIX vs. QQQ - Sharpe Ratio Comparison

The current AGIX Sharpe Ratio is 2.63, which is comparable to the QQQ Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of AGIX and QQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

AGIXQQQDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.63

2.64

0.00

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.81

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.99

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.53

0.41

+1.12

Drawdowns

AGIX vs. QQQ - Drawdown Comparison

The maximum AGIX drawdown since its inception was -31.48%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for AGIX and QQQ.

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Drawdown Indicators

AGIXQQQDifference

Max Drawdown

Largest peak-to-trough decline

-31.48%

-82.97%

+51.49%

Max Drawdown (1Y)

Largest decline over 1 year

-19.85%

-11.96%

-7.89%

Max Drawdown (3Y)

Largest decline over 3 years

—

-22.77%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-35.12%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-35.12%

—

Current Drawdown

Current decline from peak

-1.96%

-0.26%

-1.70%

Average Drawdown

Average peak-to-trough decline

-5.83%

-32.79%

+26.96%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.74%

3.11%

+3.63%

Volatility

AGIX vs. QQQ - Volatility Comparison

KraneShares Artificial Intelligence & Technology ETF (AGIX) has a higher volatility of 8.30% compared to Invesco QQQ ETF (QQQ) at 4.49%. This indicates that AGIX's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

AGIXQQQDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.30%

4.49%

+3.81%

Volatility (6M)

Calculated over the trailing 6-month period

19.85%

12.10%

+7.75%

Volatility (1Y)

Calculated over the trailing 1-year period

25.11%

15.94%

+9.17%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.24%

22.38%

+6.86%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.24%

22.29%

+6.95%

AGIX vs. QQQ - Expense Ratio Comparison

AGIX has a 1.00% expense ratio, which is higher than QQQ's 0.18% expense ratio.

Dividends

AGIX vs. QQQ - Dividend Comparison

AGIX's dividend yield for the trailing twelve months is around 0.90%, more than QQQ's 0.38% yield.

PositionTTM20252024202320222021202020192018201720162015
AGIX
KraneShares Artificial Intelligence & Technology ETF		0.90%1.21%0.77%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QQQ
Invesco QQQ ETF		0.38%0.45%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%

Frequently Asked Questions

AGIX and QQQ have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

AGIX has higher volatility (8.30%) compared to QQQ (4.49%). In terms of maximum drawdown, AGIX dropped -31.48% vs QQQ's -82.97%.

On 1-year performance, AGIX leads with 65.78% vs 41.82% for QQQ. On fees, QQQ is cheaper at 0.18% per year. On volatility, QQQ has been the lower-risk option at 4.49%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, AGIX has performed better with a 65.78% return vs 41.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

QQQ is cheaper with a 0.18% expense ratio, compared with 1.00% for AGIX.

AGIX has the higher dividend yield at 0.90%, compared with 0.38% for QQQ.

AGIX is categorized as Technology Equities, while QQQ is Nasdaq-100. AGIX tracks Solactive Etna Artificial General Intelligence Index, while QQQ tracks NASDAQ-100 Index. They also come from different issuers: Kraneshares and Invesco. Their fees differ too: 1.00% for AGIX and 0.18% for QQQ.

QQQ currently has the higher Sharpe Ratio (2.64 vs 2.63), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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