AIQ vs. GLD
AIQ (Global X Artificial Intelligence & Technology ETF) and GLD (SPDR Gold Shares) are both exchange-traded funds - AIQ is a Technology Equities fund tracking the Indxx Artificial Intelligence & Big Data Index, while GLD is a Gold fund tracking the LBMA Gold Price PM. Both are passively managed. Over the past 5 years, AIQ returned 18.01%/yr vs 18.31%/yr for GLD. At a 0.12 correlation, their price movements are largely independent. AIQ charges 0.68%/yr vs 0.40%/yr for GLD.
Performance
AIQ vs. GLD - Performance Comparison
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Returns By Period
In the year-to-date period, AIQ achieves a 30.85% return, which is significantly higher than GLD's 0.06% return.
AIQ
- 1D
- 3.98%
- 1M
- 9.03%
- YTD
- 30.85%
- 6M
- 33.54%
- 1Y
- 60.30%
- 3Y*
- 33.19%
- 5Y*
- 18.01%
- 10Y*
- —
GLD
- 1D
- 2.59%
- 1M
- -4.97%
- YTD
- 0.06%
- 6M
- 0.19%
- 1Y
- 25.38%
- 3Y*
- 29.73%
- 5Y*
- 18.31%
- 10Y*
- 12.33%
AIQ vs. GLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
AIQ Global X Artificial Intelligence & Technology ETF | 30.85% | 31.89% | 24.11% | 55.39% | -36.44% | 17.09% | 52.88% | 39.94% | -14.05% |
GLD SPDR Gold Shares | 0.06% | 63.68% | 26.66% | 12.69% | -0.77% | -4.15% | 24.81% | 17.86% | -1.00% |
Correlation
The correlation between AIQ and GLD is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since May 16, 2018 | 0.12 |
The correlation between AIQ and GLD shifts across timeframes, from 0.12 (all time) to 0.27 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
AIQ vs. GLD — Risk / Return Rank
AIQ
GLD
AIQ vs. GLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Artificial Intelligence & Technology ETF (AIQ) and SPDR Gold Shares (GLD). 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 | GLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.44 | ||
| Sortino ratioReturn per unit of downside risk | +1.61 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.19 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 3.68 | 1.04 | +2.64 |
| Martin ratioReturn relative to average drawdown | 12.07 | 2.97 | +9.09 |
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Drawdowns
AIQ vs. GLD - Drawdown Comparison
The maximum AIQ drawdown since its inception was -44.66%, roughly equal to the maximum GLD drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for AIQ and GLD.
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Drawdown Indicators
| AIQ | GLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.66% | -45.56% | +0.90% |
Max Drawdown (1Y)Largest decline over 1 year | -16.47% | -24.46% | +7.99% |
Max Drawdown (3Y)Largest decline over 3 years | -26.35% | -24.46% | -1.89% |
Max Drawdown (5Y)Largest decline over 5 years | -44.66% | -24.46% | -20.20% |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.46% | — |
Current DrawdownCurrent decline from peak | -5.12% | -20.03% | +14.91% |
Average DrawdownAverage peak-to-trough decline | -9.79% | -16.16% | +6.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.01% | 8.59% | -3.58% |
Volatility
AIQ vs. GLD - Volatility Comparison
Global X Artificial Intelligence & Technology ETF (AIQ) has a higher volatility of 13.44% compared to SPDR Gold Shares (GLD) at 8.37%. This indicates that AIQ's price experiences larger fluctuations and is considered to be riskier than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AIQ | GLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.44% | 8.37% | +5.07% |
Volatility (6M)Calculated over the trailing 6-month period | 21.69% | 24.21% | -2.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.60% | 27.49% | -1.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.80% | 18.26% | +7.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.74% | 16.10% | +9.64% |
AIQ vs. GLD - Expense Ratio Comparison
AIQ has a 0.68% expense ratio, which is higher than GLD's 0.40% expense ratio.
Dividends
AIQ vs. GLD - Dividend Comparison
AIQ's dividend yield for the trailing twelve months is around 0.14%, while GLD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
AIQ Global X Artificial Intelligence & Technology ETF | 0.14% | 0.18% | 0.14% | 0.16% | 0.56% | 0.15% | 0.50% | 0.51% | 0.51% |
GLD SPDR Gold Shares | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AIQ and GLD have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AIQ has higher volatility (13.44%) compared to GLD (8.37%). In terms of maximum drawdown, AIQ dropped -44.66% vs GLD's -45.56%.
On 5-year performance, GLD leads with 18.31% vs 18.01% for AIQ. On fees, GLD is cheaper at 0.40% per year. On volatility, GLD has been the lower-risk option at 8.37%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, GLD has performed better with a 18.31% return vs 18.01%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GLD is cheaper with a 0.40% expense ratio, compared with 0.68% for AIQ.
AIQ has the higher dividend yield at 0.14%, compared with 0.00% for GLD.
AIQ is categorized as Technology Equities, while GLD is Gold. AIQ tracks Indxx Artificial Intelligence & Big Data Index, while GLD tracks LBMA Gold Price PM. They also come from different issuers: Global X and State Street. Their fees differ too: 0.68% for AIQ and 0.40% for GLD.
AIQ currently has the higher Sharpe Ratio (2.37 vs 0.93), 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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