AIEQ vs. NACP

Last updated Jun 4, 2026

AIEQ (AI Powered Equity ETF) and NACP (Impact Shares NAACP Minority Empowerment ETF) are both Large Cap Growth Equities funds. AIEQ is actively managed, while NACP is passively managed. Over the past year, AIEQ returned 22.77% vs 43.81% for NACP. Their correlation of 0.87 suggests significant overlap in exposure. AIEQ charges 0.80%/yr vs 0.49%/yr for NACP.

Performance

AIEQ vs. NACP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AI Powered Equity ETF (AIEQ) and Impact Shares NAACP Minority Empowerment ETF (NACP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIEQ achieves a 10.58% return, which is significantly lower than NACP's 22.18% return.

AIEQ

• 1D: -0.53%
• 1M: 5.24%
• YTD: 10.58%
• 6M: 11.05%
• 1Y: 22.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NACP

• 1D: -0.13%
• 1M: 9.92%
• YTD: 22.18%
• 6M: 20.98%
• 1Y: 43.81%
• 3Y*: 27.18%
• 5Y*: 15.98%
• 10Y*: —

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

AIEQ vs. NACP - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AIEQ AI Powered Equity ETF	10.58%	13.96%	14.21%
NACP Impact Shares NAACP Minority Empowerment ETF	22.18%	21.38%	18.82%

Correlation

The correlation between AIEQ and NACP is 0.89, 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	0.89
Correlation (All Time) Calculated using the full available price history since Jan 30, 2024	0.87

The correlation between AIEQ and NACP has been stable across timeframes, ranging from 0.87 to 0.89 - a consistent structural relationship.

AIEQ vs. NACP - Sectors Allocation Comparison

Sectors	AIEQ	NACP
Technology	35.7%	35.8%
Financial Services	13.1%	10.6%
Communication Services	12.3%	9.8%
Consumer Cyclical	10.5%	11.1%
Industrials	8.3%	8.7%
Healthcare	7.1%	9.2%
Consumer Defensive	5.7%	3.6%
Energy	2.7%	5.0%
Basic Materials	2.4%	1.5%
Real Estate	1.7%	1.3%
Utilities	0.6%	3.4%

Return for Risk

AIEQ vs. NACP — Risk / Return Rank

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

AIEQ

AIEQ Risk / Return Rank: 53
AIEQ Sharpe Ratio Rank: 53
AIEQ Sortino Ratio Rank: 51
AIEQ Omega Ratio Rank: 53
AIEQ Calmar Ratio Rank: 50
AIEQ Martin Ratio Rank: 55

NACP

NACP Risk / Return Rank: 88
NACP Sharpe Ratio Rank: 90
NACP Sortino Ratio Rank: 89
NACP Omega Ratio Rank: 86
NACP Calmar Ratio Rank: 84
NACP Martin Ratio Rank: 89

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.

AIEQ vs. NACP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AI Powered Equity ETF (AIEQ) and Impact Shares NAACP Minority Empowerment ETF (NACP). 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.

	AIEQ	NACP	Difference
Sharpe ratio: Return per unit of total volatility	1.86	3.14	-1.28
Sortino ratio: Return per unit of downside risk	2.55	4.17	-1.62
Omega ratio: Gain probability vs. loss probability	1.34	1.54	-0.20
Calmar ratio: Return relative to maximum drawdown	2.51	4.56	-2.05
Martin ratio: Return relative to average drawdown	9.72	20.04	-10.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AIEQ vs. NACP - Sharpe Ratio Comparison

The current AIEQ Sharpe Ratio is 1.86, which is lower than the NACP Sharpe Ratio of 3.14. The chart below compares the historical Sharpe Ratios of AIEQ and NACP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AIEQ	NACP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.86	3.14	-1.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.92	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.87	0.93	-0.06

Drawdowns

AIEQ vs. NACP - Drawdown Comparison

The maximum AIEQ drawdown since its inception was -24.19%, smaller than the maximum NACP drawdown of -30.96%. Use the drawdown chart below to compare losses from any high point for AIEQ and NACP.

Drawdown Indicators

	AIEQ	NACP	Difference
Max Drawdown Largest peak-to-trough decline	-24.19%	-30.96%	+6.77%
Max Drawdown (1Y) Largest decline over 1 year	-9.11%	-9.65%	+0.54%
Max Drawdown (3Y) Largest decline over 3 years	—	-19.66%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.89%	—
Current Drawdown Current decline from peak	-0.56%	-0.13%	-0.43%
Average Drawdown Average peak-to-trough decline	-3.31%	-5.75%	+2.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.35%	2.19%	+0.16%

Volatility

AIEQ vs. NACP - Volatility Comparison

The current volatility for AI Powered Equity ETF (AIEQ) is 3.14%, while Impact Shares NAACP Minority Empowerment ETF (NACP) has a volatility of 4.44%. This indicates that AIEQ experiences smaller price fluctuations and is considered to be less risky than NACP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIEQ	NACP	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.14%	4.44%	-1.30%
Volatility (6M) Calculated over the trailing 6-month period	9.37%	11.13%	-1.76%
Volatility (1Y) Calculated over the trailing 1-year period	12.34%	14.02%	-1.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.48%	17.47%	+2.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.48%	18.70%	+0.78%

AIEQ vs. NACP - Expense Ratio Comparison

AIEQ has a 0.80% expense ratio, which is higher than NACP's 0.49% expense ratio.

Dividends

AIEQ vs. NACP - Dividend Comparison

AIEQ's dividend yield for the trailing twelve months is around 0.39%, less than NACP's 0.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AIEQ AI Powered Equity ETF	0.39%	0.43%	0.65%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NACP Impact Shares NAACP Minority Empowerment ETF	0.55%	0.62%	2.96%	1.28%	3.48%	3.06%	1.48%	1.22%	0.71%

Frequently Asked Questions

Can I hold both AIEQ and NACP in my portfolio?

AIEQ and NACP have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AIEQ or NACP?

NACP has higher volatility (4.44%) compared to AIEQ (3.14%). In terms of maximum drawdown, AIEQ dropped -24.19% vs NACP's -30.96%.

Which ETF is better, AIEQ or NACP?

On 1-year performance, NACP leads with 43.81% vs 22.77% for AIEQ. On fees, NACP is cheaper at 0.49% per year. On volatility, AIEQ has been the lower-risk option at 3.14%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AIEQ or NACP?

Over the 1-year period, NACP has performed better with a 43.81% return vs 22.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AIEQ or NACP?

NACP is cheaper with a 0.49% expense ratio, compared with 0.80% for AIEQ.

Which ETF pays a higher dividend yield, AIEQ or NACP?

NACP has the higher dividend yield at 0.55%, compared with 0.39% for AIEQ.

What is the main difference between AIEQ and NACP?

They also come from different issuers: ETFMG and Impact Shares. Their fees differ too: 0.80% for AIEQ and 0.49% for NACP.

Which has better risk-adjusted returns?

NACP currently has the higher Sharpe Ratio (3.14 vs 1.86), 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.