AIQ vs. FAI
AIQ (Global X Artificial Intelligence & Technology ETF) and FAI (First Trust Bloomberg Artificial Intelligence ETF) are both Artificial Intelligence funds - AIQ tracks the Indxx Artificial Intelligence & Big Data Index while FAI tracks the Bloomberg Artificial Intelligence Index. Both are passively managed. Over the past year, AIQ returned 39.46% vs 44.67% for FAI. Their correlation of 0.95 means they have usually moved in the same direction. AIQ charges 0.68%/yr vs 0.65%/yr for FAI.
Performance
AIQ vs. FAI - Performance Comparison
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Returns By Period
In the year-to-date period, AIQ achieves a 19.09% return, which is significantly lower than FAI's 26.88% 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%
FAI
- 1D
- 3.09%
- 1M
- 1.06%
- 6M
- 24.84%
- YTD
- 26.88%
- 1Y
- 44.67%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 38.15%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $119.65M | $125.66M | $166.59M | |
| $1.47M | $2.87M | $3.61M |
AIQ vs. FAI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AIQ Global X Artificial Intelligence & Technology ETF | 19.09% | 31.89% | 1.21% |
FAI First Trust Bloomberg Artificial Intelligence ETF | 26.88% | 33.37% | 2.28% |
Correlation
The correlation between AIQ and FAI is 0.96 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.96 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2024 | 0.95 |
The correlation between AIQ and FAI has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.
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Return for Risk
AIQ vs. FAI — Risk / Return Rank
AIQ
FAI
AIQ vs. FAI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Artificial Intelligence & Technology ETF (AIQ) and First Trust Bloomberg Artificial Intelligence ETF (FAI). 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 | FAI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.15 | ||
| Sortino ratioReturn per unit of downside risk | -0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.26 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.96 | 2.38 | -0.42 |
| Martin ratioReturn relative to average drawdown | 5.85 | 6.18 | -0.33 |
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Drawdowns
AIQ vs. FAI - Drawdown Comparison
The maximum AIQ drawdown since its inception was -44.66%, which is greater than FAI's maximum drawdown of -27.82%. Use the drawdown chart below to compare losses from any high point for AIQ and FAI.
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Drawdown Indicators
| AIQ | FAI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.66% | -27.82% | -16.84% |
Max Drawdown (1Y)Largest decline over 1 year | -20.19% | -18.84% | -1.35% |
Max Drawdown (3Y)Largest decline over 3 years | -26.35% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -44.66% | — | — |
Current DrawdownCurrent decline from peak | -13.64% | -9.88% | -3.76% |
Average DrawdownAverage peak-to-trough decline | -9.82% | -5.78% | -4.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.76% | 7.25% | -0.49% |
Volatility
AIQ vs. FAI - Volatility Comparison
Global X Artificial Intelligence & Technology ETF (AIQ) and First Trust Bloomberg Artificial Intelligence ETF (FAI) have volatilities of 10.54% and 10.22%, 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.
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Volatility by Period
| AIQ | FAI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.54% | 10.22% | +0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 24.90% | 24.76% | +0.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.63% | 29.25% | -0.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.45% | 31.34% | -4.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.99% | 31.34% | -5.35% |
AIQ vs. FAI - Expense Ratio Comparison
AIQ has a 0.68% expense ratio, which is higher than FAI's 0.65% expense ratio.
Dividends
AIQ vs. FAI - Dividend Comparison
AIQ's dividend yield for the trailing twelve months is around 0.08%, while FAI has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
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% |
FAI First Trust Bloomberg Artificial Intelligence ETF | 0.00% | 0.00% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.96, AIQ and FAI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
AIQ has higher volatility (10.54%) compared to FAI (10.22%). In terms of maximum drawdown, AIQ dropped -44.66% vs FAI's -27.82%.
On 1-year performance, FAI leads with 44.67% vs 39.46% for AIQ. On fees, FAI is cheaper at 0.65% per year. On volatility, FAI has been the lower-risk option at 10.22%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, FAI has performed better with a 44.67% return vs 39.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FAI is cheaper with a 0.65% expense ratio, compared with 0.68% for AIQ.
AIQ has the higher dividend yield at 0.08%, compared with 0.00% for FAI.
AIQ tracks Indxx Artificial Intelligence & Big Data Index, while FAI tracks Bloomberg Artificial Intelligence Index. They also come from different issuers: Global X and First Trust. Their fees differ too: 0.68% for AIQ and 0.65% for FAI.
FAI currently has the higher Sharpe Ratio (1.54 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.
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