AIPO vs. PBOT
AIPO (Defiance AI & Power Infrastructure ETF) and PBOT (Pictet AI & Automation ETF) are both Artificial Intelligence funds. AIPO is passively managed, while PBOT is actively managed. Their 0.68 correlation means they have sometimes moved together and sometimes differently. AIPO charges 0.69%/yr vs 0.70%/yr for PBOT.
Performance
AIPO vs. PBOT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AIPO achieves a 36.26% return, which is significantly higher than PBOT's 30.48% return.
AIPO
- 1D
- -0.43%
- 1M
- -5.55%
- 6M
- 26.16%
- YTD
- 36.26%
- 1Y
- 47.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 47.46%
PBOT
- 1D
- -1.05%
- 1M
- -0.39%
- 6M
- 35.34%
- YTD
- 30.48%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $40.92M | $37.68M | $46.01M | |
| $31.18K | $27.84K | $24.18K |
AIPO vs. PBOT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AIPO Defiance AI & Power Infrastructure ETF | 36.26% | -12.90% |
PBOT Pictet AI & Automation ETF | 30.48% | 0.33% |
Correlation
The correlation between AIPO and PBOT is 0.68, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 16, 2025 | 0.68 |
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
AIPO vs. PBOT — Risk / Return Rank
AIPO
PBOT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
AIPO vs. PBOT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance AI & Power Infrastructure ETF (AIPO) and Pictet AI & Automation ETF (PBOT). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AIPO | PBOT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.22 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.96 | — | — |
| Martin ratioReturn relative to average drawdown | 6.41 | — | — |
Loading charts...
Drawdowns
AIPO vs. PBOT - Drawdown Comparison
The maximum AIPO drawdown since its inception was -24.36%, which is greater than PBOT's maximum drawdown of -15.78%. Use the drawdown chart below to compare losses from any high point for AIPO and PBOT.
Loading charts...
Drawdown Indicators
| AIPO | PBOT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.36% | -15.78% | -8.58% |
Max Drawdown (1Y)Largest decline over 1 year | -24.36% | — | — |
Current DrawdownCurrent decline from peak | -13.32% | -3.09% | -10.23% |
Average DrawdownAverage peak-to-trough decline | -5.37% | -4.50% | -0.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.42% | — | — |
Volatility
AIPO vs. PBOT - Volatility Comparison
Loading charts...
Volatility by Period
| AIPO | PBOT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.01% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 29.90% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 37.56% | 27.25% | +10.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.19% | 27.25% | +9.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.19% | 27.25% | +9.94% |
AIPO vs. PBOT - Expense Ratio Comparison
AIPO has a 0.69% expense ratio, which is lower than PBOT's 0.70% expense ratio.
Dividends
AIPO vs. PBOT - Dividend Comparison
AIPO's dividend yield for the trailing twelve months is around 0.01%, less than PBOT's 0.07% yield.
| Position | TTM | 2025 |
|---|---|---|
AIPO Defiance AI & Power Infrastructure ETF | 0.01% | 0.01% |
PBOT Pictet AI & Automation ETF | 0.07% | 0.10% |
Frequently Asked Questions
AIPO and PBOT have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AIPO is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AIPO is cheaper with a 0.69% expense ratio, compared with 0.70% for PBOT.
PBOT has the higher dividend yield at 0.07%, compared with 0.01% for AIPO.
They also come from different issuers: Defiance and Pictet. Their fees differ too: 0.69% for AIPO and 0.70% for PBOT.
Find the right allocation for AIPO and PBOT
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