AIQ vs. GTEK

Last updated Jul 15, 2026

AIQ (Global X Artificial Intelligence & Technology ETF) and GTEK (Goldman Sachs Future Tech Leaders Equity ETF) are both Technology Equities funds. AIQ is passively managed, while GTEK is actively managed. Over the past 3 years, AIQ returned 28.96%/yr vs 30.01%/yr for GTEK. Their correlation of 0.92 suggests significant overlap in exposure. AIQ charges 0.68%/yr vs 0.75%/yr for GTEK.

Performance

AIQ vs. GTEK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Artificial Intelligence & Technology ETF (AIQ) and Goldman Sachs Future Tech Leaders Equity ETF (GTEK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIQ achieves a 21.83% return, which is significantly lower than GTEK's 43.93% return.

AIQ

• 1D: 1.08%
• 1M: -3.19%
• 6M: 17.71%
• YTD: 21.83%
• 1Y: 42.53%
• 3Y*: 28.96%
• 5Y*: 15.58%
• 10Y*: —

GTEK

• 1D: 1.30%
• 1M: -2.07%
• 6M: 37.67%
• YTD: 43.93%
• 1Y: 61.00%
• 3Y*: 30.01%
• 5Y*: —
• 10Y*: —

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

AIQ vs. GTEK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AIQ Global X Artificial Intelligence & Technology ETF	21.83%	31.89%	24.11%	55.39%	-36.44%	0.48%
GTEK Goldman Sachs Future Tech Leaders Equity ETF	43.93%	23.68%	15.94%	33.58%	-46.73%	-2.50%

Correlation

The correlation between AIQ and GTEK is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (All Time) Calculated using the full available price history since Sep 16, 2021	0.92

The correlation between AIQ and GTEK has been stable across timeframes, ranging from 0.91 to 0.92 - a consistent structural relationship.

AIQ vs. GTEK - Sectors Allocation Comparison

Sectors	AIQ	GTEK
Technology	77.4%	74.5%
Communication Services	11.0%	3.7%
Consumer Cyclical	7.2%	4.9%
Industrials	3.4%	8.1%
Financial Services	0.5%	1.2%
Healthcare	0.4%	1.1%
Basic Materials	-	3.4%
Consumer Defensive	-	-
Energy	-	-
Real Estate	-	2.3%
Utilities	-	-

Return for Risk

AIQ vs. GTEK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AIQ

AIQ Risk / Return Rank: 57
AIQ Sharpe Ratio Rank: 58
AIQ Sortino Ratio Rank: 51
AIQ Omega Ratio Rank: 55
AIQ Calmar Ratio Rank: 65
AIQ Martin Ratio Rank: 55

GTEK

GTEK Risk / Return Rank: 82
GTEK Sharpe Ratio Rank: 82
GTEK Sortino Ratio Rank: 73
GTEK Omega Ratio Rank: 73
GTEK Calmar Ratio Rank: 94
GTEK Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AIQ vs. GTEK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Artificial Intelligence & Technology ETF (AIQ) and Goldman Sachs Future Tech Leaders Equity ETF (GTEK). 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	GTEK	Difference
Sharpe ratio: Return per unit of total volatility	1.55	2.06	-0.51
Sortino ratio: Return per unit of downside risk	2.03	2.61	-0.58
Omega ratio: Gain probability vs. loss probability	1.27	1.34	-0.07
Calmar ratio: Return relative to maximum drawdown	2.59	5.51	-2.91
Martin ratio: Return relative to average drawdown	7.58	16.03	-8.45

AIQ vs. GTEK - Sharpe Ratio Comparison

The current AIQ Sharpe Ratio is 1.55, which is comparable to the GTEK Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of AIQ and GTEK, 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. GTEK - Drawdown Comparison

The maximum AIQ drawdown since its inception was -44.66%, smaller than the maximum GTEK drawdown of -53.77%. Use the drawdown chart below to compare losses from any high point for AIQ and GTEK.

Drawdown Indicators

	AIQ	GTEK	Difference
Max Drawdown Largest peak-to-trough decline	-44.66%	-53.77%	+9.11%
Max Drawdown (1Y) Largest decline over 1 year	-16.47%	-11.13%	-5.34%
Max Drawdown (3Y) Largest decline over 3 years	-26.35%	-27.49%	+1.14%
Max Drawdown (5Y) Largest decline over 5 years	-44.66%	—	—
Current Drawdown Current decline from peak	-11.66%	-8.53%	-3.13%
Average Drawdown Average peak-to-trough decline	-9.78%	-26.98%	+17.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.63%	3.82%	+1.81%

Volatility

AIQ vs. GTEK - Volatility Comparison

Global X Artificial Intelligence & Technology ETF (AIQ) and Goldman Sachs Future Tech Leaders Equity ETF (GTEK) have volatilities of 11.93% and 11.82%, 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.

Volatility by Period

	AIQ	GTEK	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.93%	11.82%	+0.11%
Volatility (6M) Calculated over the trailing 6-month period	23.90%	26.11%	-2.21%
Volatility (1Y) Calculated over the trailing 1-year period	27.49%	29.70%	-2.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.23%	28.82%	-2.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.91%	28.82%	-2.91%

AIQ vs. GTEK - Expense Ratio Comparison

AIQ has a 0.68% expense ratio, which is lower than GTEK's 0.75% expense ratio.

Dividends

AIQ vs. GTEK - Dividend Comparison

AIQ's dividend yield for the trailing twelve months is around 0.07%, while GTEK has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AIQ Global X Artificial Intelligence & Technology ETF	0.07%	0.18%	0.14%	0.16%	0.56%	0.15%	0.50%	0.51%	0.51%
GTEK Goldman Sachs Future Tech Leaders Equity ETF	0.00%	0.00%	0.00%	0.26%	0.03%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AIQ and GTEK in my portfolio?

With a correlation of 0.91, AIQ and GTEK 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.

Which is riskier, AIQ or GTEK?

AIQ has higher volatility (11.93%) compared to GTEK (11.82%). In terms of maximum drawdown, AIQ dropped -44.66% vs GTEK's -53.77%.

Which ETF is better, AIQ or GTEK?

On 3-year performance, GTEK leads with 30.01% vs 28.96% for AIQ. On fees, AIQ is cheaper at 0.68% per year. On volatility, GTEK has been the lower-risk option at 11.82%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AIQ or GTEK?

Over the 3-year period, GTEK has performed better with a 30.01% return vs 28.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AIQ or GTEK?

AIQ is cheaper with a 0.68% expense ratio, compared with 0.75% for GTEK.

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

AIQ has the higher dividend yield at 0.07%, compared with 0.00% for GTEK.

What is the main difference between AIQ and GTEK?

They also come from different issuers: Global X and Goldman Sachs. Their fees differ too: 0.68% for AIQ and 0.75% for GTEK.

Which has better risk-adjusted returns?

GTEK currently has the higher Sharpe Ratio (2.06 vs 1.55), 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.