AIQ vs. AIVL

Last updated Aug 4, 2026

AIQ (Global X Artificial Intelligence & Technology ETF) and AIVL (WisdomTree U.S. Al Enhanced Value Fund) are both exchange-traded funds - AIQ is a Artificial Intelligence fund tracking the Indxx Artificial Intelligence & Big Data Index, while AIVL is a Mid Cap Value Equities fund actively managed by WisdomTree. AIQ is passively managed, while AIVL is actively managed. Over the past 5 years, AIQ returned 14.71%/yr vs 9.13%/yr for AIVL. Their 0.56 correlation means they have sometimes moved together and sometimes differently. AIQ charges 0.68%/yr vs 0.38%/yr for AIVL.

Performance

AIQ vs. AIVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Artificial Intelligence & Technology ETF (AIQ) and WisdomTree U.S. Al Enhanced Value Fund (AIVL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIQ achieves a 19.09% return, which is significantly higher than AIVL's 17.18% return.

AIQ

• 1D: 2.85%
• 1M: -2.07%
• 6M: 15.64%
• YTD: 19.09%
• 1Y: 39.46%
• 3Y*: 28.94%
• 5Y*: 14.71%
• 10Y*: —
• ALL TIME*: 18.89%

AIVL

• 1D: 0.79%
• 1M: 1.52%
• 6M: 12.54%
• YTD: 17.18%
• 1Y: 22.41%
• 3Y*: 14.36%
• 5Y*: 9.13%
• 10Y*: 8.44%
• ALL TIME*: 8.41%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AIQ Global X Artificial Intelligence & Technology ETF	$119.65M	$125.66M	$166.59M
AIVL WisdomTree U.S. Al Enhanced Value Fund	$578.71K	$832.09K	$531.09K

AIQ vs. AIVL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
AIQ Global X Artificial Intelligence & Technology ETF	19.09%	31.89%	24.11%	55.39%	-36.44%	17.09%	52.88%	39.94%	-14.05%
AIVL WisdomTree U.S. Al Enhanced Value Fund	17.18%	9.72%	13.49%	7.17%	-7.26%	24.30%	-5.82%	24.40%	-8.10%

Correlation

The correlation between AIQ and AIVL is 0.41, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.41
Correlation (3Y) Balances recent behavior with more history.	0.48
Correlation (5Y) Shows whether the relationship held over a longer period.	0.57
Correlation (All Time) Calculated using the full available price history since May 16, 2018	0.56

The correlation between AIQ and AIVL shifts across timeframes, from 0.41 (1 year) to 0.57 (5 years), reflecting how their relationship changes across market environments.

AIQ vs. AIVL - Sectors Allocation Comparison

Sectors	AIQ	AIVL
Technology	78.8%	22.4%
Communication Services	10.1%	3.8%
Consumer Cyclical	6.6%	3.1%
Industrials	3.6%	15.2%
Financial Services	0.5%	17.3%
Healthcare	0.4%	11.9%
Basic Materials	-	4.8%
Consumer Defensive	-	7.8%
Energy	-	3.2%
Real Estate	-	1.4%
Utilities	-	8.9%

Return for Risk

AIQ vs. AIVL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AIQ

AIQ Risk / Return Rank: 53
AIQ Sharpe Ratio Rank: 57
AIQ Sortino Ratio Rank: 52
AIQ Omega Ratio Rank: 53
AIQ Calmar Ratio Rank: 54
AIQ Martin Ratio Rank: 50

AIVL

AIVL Risk / Return Rank: 79
AIVL Sharpe Ratio Rank: 78
AIVL Sortino Ratio Rank: 81
AIVL Omega Ratio Rank: 77
AIVL Calmar Ratio Rank: 77
AIVL Martin Ratio Rank: 83

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AIQ vs. AIVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Artificial Intelligence & Technology ETF (AIQ) and WisdomTree U.S. Al Enhanced Value Fund (AIVL). 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.

	AIQ	AIVL	Difference
Sharpe ratio: Return per unit of total volatility	1.39	1.90	-0.51
Sortino ratio: Return per unit of downside risk	1.88	2.78	-0.90
Omega ratio: Gain probability vs. loss probability	1.24	1.34	-0.10
Calmar ratio: Return relative to maximum drawdown	1.96	2.87	-0.90
Martin ratio: Return relative to average drawdown	5.85	11.88	-6.03

AIQ vs. AIVL - Sharpe Ratio Comparison

The current AIQ Sharpe Ratio is 1.39, which is comparable to the AIVL Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of AIQ and AIVL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AIQ vs. AIVL - Drawdown Comparison

The maximum AIQ drawdown since its inception was -44.66%, smaller than the maximum AIVL drawdown of -62.48%. Use the drawdown chart below to compare losses from any high point for AIQ and AIVL.

Drawdown Indicators

	AIQ	AIVL	Difference
Max Drawdown Largest peak-to-trough decline	-44.66%	-62.48%	+17.82%
Max Drawdown (1Y) Largest decline over 1 year	-20.19%	-7.85%	-12.34%
Max Drawdown (3Y) Largest decline over 3 years	-26.35%	-14.48%	-11.87%
Max Drawdown (5Y) Largest decline over 5 years	-44.66%	-19.08%	-25.58%
Max Drawdown (10Y) Largest decline over 10 years	—	-41.16%	—
Current Drawdown Current decline from peak	-13.64%	-0.27%	-13.37%
Average Drawdown Average peak-to-trough decline	-9.82%	-7.85%	-1.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.76%	1.89%	+4.87%

Volatility

AIQ vs. AIVL - Volatility Comparison

Global X Artificial Intelligence & Technology ETF (AIQ) has a higher volatility of 10.54% compared to WisdomTree U.S. Al Enhanced Value Fund (AIVL) at 3.14%. This indicates that AIQ's price experiences larger fluctuations and is considered to be riskier than AIVL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIQ	AIVL	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.54%	3.14%	+7.40%
Volatility (6M) Calculated over the trailing 6-month period	24.90%	9.42%	+15.48%
Volatility (1Y) Calculated over the trailing 1-year period	28.63%	11.86%	+16.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.45%	14.75%	+11.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.99%	17.34%	+8.65%

AIQ vs. AIVL - Expense Ratio Comparison

AIQ has a 0.68% expense ratio, which is higher than AIVL's 0.38% expense ratio.

Dividends

AIQ vs. AIVL - Dividend Comparison

AIQ's dividend yield for the trailing twelve months is around 0.08%, less than AIVL's 1.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AIQ Global X Artificial Intelligence & Technology ETF	0.08%	0.18%	0.14%	0.16%	0.56%	0.15%	0.50%	0.51%	0.51%	0.00%	0.00%	0.00%
AIVL WisdomTree U.S. Al Enhanced Value Fund	1.44%	1.61%	2.13%	2.43%	2.08%	2.75%	3.55%	3.25%	4.18%	3.16%	3.20%	3.41%

Frequently Asked Questions

Can I hold both AIQ and AIVL in my portfolio?

AIQ and AIVL have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AIQ or AIVL?

AIQ has higher volatility (10.54%) compared to AIVL (3.14%). In terms of maximum drawdown, AIQ dropped -44.66% vs AIVL's -62.48%.

Which ETF is better, AIQ or AIVL?

On 5-year performance, AIQ leads with 14.71% vs 9.13% for AIVL. On fees, AIVL is cheaper at 0.38% per year. On volatility, AIVL has been the lower-risk option at 3.14%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AIQ or AIVL?

Over the 5-year period, AIQ has performed better with a 14.71% return vs 9.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AIQ or AIVL?

AIVL is cheaper with a 0.38% expense ratio, compared with 0.68% for AIQ.

Which ETF pays a higher dividend yield, AIQ or AIVL?

AIVL has the higher dividend yield at 1.44%, compared with 0.08% for AIQ.

What is the main difference between AIQ and AIVL?

AIQ is categorized as Artificial Intelligence, while AIVL is Mid Cap Value Equities. They also come from different issuers: Global X and WisdomTree. Their fees differ too: 0.68% for AIQ and 0.38% for AIVL.

Which has better risk-adjusted returns?

AIVL currently has the higher Sharpe Ratio (1.90 vs 1.39), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.