AIEQ vs. VOO
Compare and contrast key facts about AI Powered Equity ETF (AIEQ) and Vanguard S&P 500 ETF (VOO).
AIEQ and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AIEQ is an actively managed fund by ETFMG. It was launched on Oct 17, 2017. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AIEQ or VOO.
Performance
AIEQ vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, AIEQ achieves a 15.94% return, which is significantly lower than VOO's 26.16% return.
AIEQ
15.94%
7.36%
17.81%
33.67%
9.33%
N/A
VOO
26.16%
1.77%
13.62%
32.33%
15.68%
13.18%
Key characteristics
| AIEQ | VOO | |
|---|---|---|
| Sharpe Ratio | 1.85 | 2.70 |
| Sortino Ratio | 2.54 | 3.60 |
| Omega Ratio | 1.33 | 1.50 |
| Calmar Ratio | 1.18 | 3.90 |
| Martin Ratio | 8.85 | 17.65 |
| Ulcer Index | 3.87% | 1.86% |
| Daily Std Dev | 18.55% | 12.19% |
| Max Drawdown | -38.97% | -33.99% |
| Current Drawdown | -5.02% | -0.86% |
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AIEQ vs. VOO - Expense Ratio Comparison
AIEQ has a 0.80% expense ratio, which is higher than VOO's 0.03% expense ratio.
Correlation
The correlation between AIEQ and VOO is 0.84, 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.
Risk-Adjusted Performance
AIEQ vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AI Powered Equity ETF (AIEQ) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
AIEQ vs. VOO - Dividend Comparison
AIEQ's dividend yield for the trailing twelve months is around 0.62%, less than VOO's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIEQ AI Powered Equity ETF | 0.62% | 0.97% | 0.11% | 1.76% | 0.39% | 0.60% | 9.11% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
AIEQ vs. VOO - Drawdown Comparison
The maximum AIEQ drawdown since its inception was -38.97%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for AIEQ and VOO. For additional features, visit the drawdowns tool.
Volatility
AIEQ vs. VOO - Volatility Comparison
AI Powered Equity ETF (AIEQ) has a higher volatility of 5.25% compared to Vanguard S&P 500 ETF (VOO) at 3.99%. This indicates that AIEQ's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.