AIGO.TO vs. QQCL.TO
AIGO.TO (Global X Artificial Intelligence & Technology Index ETF) and QQCL.TO (Global X Enhanced NASDAQ-100 Covered Call ETF) are both exchange-traded funds - AIGO.TO is a Technology Equities fund tracking the Indxx Artificial Intelligence & Big Data Index, while QQCL.TO is a Nasdaq-100 fund actively managed by Global X. AIGO.TO is passively managed, while QQCL.TO is actively managed. Over the past year, AIGO.TO returned 73.53% vs 43.99% for QQCL.TO. A 0.61 correlation means they provide meaningful diversification when combined. AIGO.TO charges 0.60%/yr vs 0.85%/yr for QQCL.TO.
Performance
AIGO.TO vs. QQCL.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AIGO.TO achieves a 38.42% return, which is significantly higher than QQCL.TO's 20.85% return.
AIGO.TO
- 1D
- -0.52%
- 1M
- 24.23%
- YTD
- 38.42%
- 6M
- 36.42%
- 1Y
- 73.53%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QQCL.TO
- 1D
- 0.47%
- 1M
- 12.39%
- YTD
- 20.85%
- 6M
- 17.94%
- 1Y
- 43.99%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AIGO.TO vs. QQCL.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AIGO.TO Global X Artificial Intelligence & Technology Index ETF | 38.42% | 24.70% | 19.81% |
QQCL.TO Global X Enhanced NASDAQ-100 Covered Call ETF | 20.85% | 13.10% | 24.12% |
Correlation
The correlation between AIGO.TO and QQCL.TO is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since May 17, 2024 | 0.61 |
The correlation between AIGO.TO and QQCL.TO shifts across timeframes, from 0.61 (all time) to 0.75 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AIGO.TO vs. QQCL.TO — Risk / Return Rank
AIGO.TO
QQCL.TO
AIGO.TO vs. QQCL.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Artificial Intelligence & Technology Index ETF (AIGO.TO) and Global X Enhanced NASDAQ-100 Covered Call ETF (QQCL.TO). 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.
| AIGO.TO | QQCL.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.35 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.51 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 4.31 | 4.14 | +0.17 |
| Martin ratioReturn relative to average drawdown | 13.08 | 15.49 | -2.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| AIGO.TO | QQCL.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.30 | 2.81 | +0.49 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.77 | 1.52 | +0.25 |
Drawdowns
AIGO.TO vs. QQCL.TO - Drawdown Comparison
The maximum AIGO.TO drawdown since its inception was -26.71%, roughly equal to the maximum QQCL.TO drawdown of -25.63%. Use the drawdown chart below to compare losses from any high point for AIGO.TO and QQCL.TO.
Loading charts...
Drawdown Indicators
| AIGO.TO | QQCL.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.71% | -25.63% | -1.08% |
Max Drawdown (1Y)Largest decline over 1 year | -17.14% | -10.68% | -6.46% |
Current DrawdownCurrent decline from peak | -0.52% | 0.00% | -0.52% |
Average DrawdownAverage peak-to-trough decline | -4.58% | -3.32% | -1.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.64% | 2.85% | +2.79% |
Volatility
AIGO.TO vs. QQCL.TO - Volatility Comparison
Global X Artificial Intelligence & Technology Index ETF (AIGO.TO) has a higher volatility of 7.97% compared to Global X Enhanced NASDAQ-100 Covered Call ETF (QQCL.TO) at 4.30%. This indicates that AIGO.TO's price experiences larger fluctuations and is considered to be riskier than QQCL.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AIGO.TO | QQCL.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.97% | 4.30% | +3.67% |
Volatility (6M)Calculated over the trailing 6-month period | 17.85% | 12.58% | +5.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.43% | 15.74% | +6.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.21% | 20.38% | +3.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.21% | 20.38% | +3.83% |
AIGO.TO vs. QQCL.TO - Expense Ratio Comparison
AIGO.TO has a 0.60% expense ratio, which is lower than QQCL.TO's 0.85% expense ratio.
Dividends
AIGO.TO vs. QQCL.TO - Dividend Comparison
AIGO.TO's dividend yield for the trailing twelve months is around 0.06%, less than QQCL.TO's 13.15% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
AIGO.TO Global X Artificial Intelligence & Technology Index ETF | 0.06% | 0.09% | 0.49% | 0.00% |
QQCL.TO Global X Enhanced NASDAQ-100 Covered Call ETF | 13.15% | 14.54% | 11.87% | 3.68% |
Frequently Asked Questions
AIGO.TO and QQCL.TO have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AIGO.TO is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AIGO.TO is cheaper with a 0.60% expense ratio, compared with 0.85% for QQCL.TO.
AIGO.TO is categorized as Technology Equities, while QQCL.TO is Nasdaq-100. Their fees differ too: 0.60% for AIGO.TO and 0.85% for QQCL.TO.
Find the right allocation for AIGO.TO and QQCL.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer