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.
Key characteristics
| AIEQ | XT | |
|---|---|---|
| YTD Return | -2.88% | -6.40% |
| 1Y Return | 29.81% | 12.71% |
| 3Y Return (Ann) | -3.98% | -2.75% |
| 5Y Return (Ann) | 5.98% | 8.60% |
| Sharpe Ratio | 1.47 | 0.55 |
| Daily Std Dev | 19.04% | 17.90% |
| Max Drawdown | -38.97% | -34.41% |
| Current Drawdown | -20.44% | -15.39% |
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
In the year-to-date period, AIEQ achieves a -2.88% return, which is significantly higher than XT's -6.40% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 1.18%, more than XT's 0.44% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
AIEQ AI Powered Equity ETF | 1.18% | 0.98% | 0.11% | 1.76% | 0.39% | 0.60% | 9.11% | 0.14% | 0.00% | 0.00% |
XT iShares Exponential Technologies ETF | 0.44% | 0.41% | 0.78% | 0.84% | 0.77% | 1.55% | 1.44% | 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
AI Powered Equity ETF (AIEQ) and iShares Exponential Technologies ETF (XT) have volatilities of 5.05% and 5.25%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.