AIEQ vs. XT
Compare and contrast key facts about AI Powered Equity ETF (AIEQ) and iShares Exponential Technologies ETF (XT).
AIEQ and XT 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. XT is a passively managed fund by iShares that tracks the performance of the Morningstar Exponential Technologies Index. It was launched on Mar 19, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AIEQ or XT.
Correlation
The correlation between AIEQ and XT is 0.87, 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.
Performance
AIEQ vs. XT - Performance Comparison
Key characteristics
AIEQ:
0.89
XT:
0.28
AIEQ:
1.28
XT:
0.49
AIEQ:
1.17
XT:
1.06
AIEQ:
0.66
XT:
0.27
AIEQ:
3.88
XT:
1.14
AIEQ:
3.91%
XT:
4.21%
AIEQ:
17.11%
XT:
17.40%
AIEQ:
-38.97%
XT:
-34.41%
AIEQ:
-7.47%
XT:
-8.23%
Returns By Period
In the year-to-date period, AIEQ achieves a 12.94% return, which is significantly higher than XT's 1.52% return.
AIEQ
12.94%
-1.05%
11.00%
12.98%
7.95%
N/A
XT
1.52%
0.36%
3.73%
2.20%
7.91%
N/A
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AIEQ vs. XT - Expense Ratio Comparison
AIEQ has a 0.80% expense ratio, which is higher than XT's 0.47% expense ratio.
Risk-Adjusted Performance
AIEQ vs. XT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AI Powered Equity ETF (AIEQ) and iShares Exponential Technologies ETF (XT). 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. XT - Dividend Comparison
AIEQ's dividend yield for the trailing twelve months is around 0.64%, more than XT's 0.63% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
AIEQ AI Powered Equity ETF | 0.64% | 0.97% | 0.11% | 1.76% | 0.39% | 0.60% | 9.11% | 0.16% | 0.00% | 0.00% |
XT iShares Exponential Technologies ETF | 0.63% | 0.41% | 0.78% | 0.84% | 0.77% | 1.55% | 1.45% | 0.97% | 1.37% | 1.34% |
Drawdowns
AIEQ vs. XT - Drawdown Comparison
The maximum AIEQ drawdown since its inception was -38.97%, which is greater than XT's maximum drawdown of -34.41%. Use the drawdown chart below to compare losses from any high point for AIEQ and XT. For additional features, visit the drawdowns tool.
Volatility
AIEQ vs. XT - Volatility Comparison
The current volatility for AI Powered Equity ETF (AIEQ) is 3.88%, while iShares Exponential Technologies ETF (XT) has a volatility of 4.87%. This indicates that AIEQ experiences smaller price fluctuations and is considered to be less risky than XT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.