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AIQ vs. IQM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AIQ and IQM is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.9

Performance

AIQ vs. IQM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Artificial Intelligence & Technology ETF (AIQ) and Franklin Intelligent Machines ETF (IQM). The values are adjusted to include any dividend payments, if applicable.

80.00%100.00%120.00%140.00%160.00%180.00%JulyAugustSeptemberOctoberNovemberDecember
128.79%
178.49%
AIQ
IQM

Key characteristics

Sharpe Ratio

AIQ:

1.48

IQM:

1.43

Sortino Ratio

AIQ:

1.99

IQM:

1.94

Omega Ratio

AIQ:

1.27

IQM:

1.25

Calmar Ratio

AIQ:

2.04

IQM:

1.93

Martin Ratio

AIQ:

7.78

IQM:

6.22

Ulcer Index

AIQ:

3.67%

IQM:

5.76%

Daily Std Dev

AIQ:

19.34%

IQM:

25.04%

Max Drawdown

AIQ:

-44.66%

IQM:

-44.91%

Current Drawdown

AIQ:

-3.25%

IQM:

-3.80%

Returns By Period

In the year-to-date period, AIQ achieves a 26.03% return, which is significantly lower than IQM's 32.59% return.


AIQ

YTD

26.03%

1M

2.78%

6M

10.60%

1Y

26.48%

5Y*

17.39%

10Y*

N/A

IQM

YTD

32.59%

1M

1.76%

6M

6.60%

1Y

33.17%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


AIQ vs. IQM - Expense Ratio Comparison

AIQ has a 0.68% expense ratio, which is higher than IQM's 0.50% expense ratio.


AIQ
Global X Artificial Intelligence & Technology ETF
Expense ratio chart for AIQ: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%
Expense ratio chart for IQM: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Risk-Adjusted Performance

AIQ vs. IQM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Artificial Intelligence & Technology ETF (AIQ) and Franklin Intelligent Machines ETF (IQM). 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.


Sharpe ratio
The chart of Sharpe ratio for AIQ, currently valued at 1.48, compared to the broader market0.002.004.001.481.43
The chart of Sortino ratio for AIQ, currently valued at 1.99, compared to the broader market-2.000.002.004.006.008.0010.001.991.94
The chart of Omega ratio for AIQ, currently valued at 1.27, compared to the broader market0.501.001.502.002.503.001.271.25
The chart of Calmar ratio for AIQ, currently valued at 2.04, compared to the broader market0.005.0010.0015.002.041.93
The chart of Martin ratio for AIQ, currently valued at 7.78, compared to the broader market0.0020.0040.0060.0080.00100.007.786.22
AIQ
IQM

The current AIQ Sharpe Ratio is 1.48, which is comparable to the IQM Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of AIQ and IQM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.48
1.43
AIQ
IQM

Dividends

AIQ vs. IQM - Dividend Comparison

AIQ's dividend yield for the trailing twelve months is around 0.16%, while IQM has not paid dividends to shareholders.


TTM202320222021202020192018
AIQ
Global X Artificial Intelligence & Technology ETF
0.16%0.16%0.56%0.15%0.50%0.51%0.51%
IQM
Franklin Intelligent Machines ETF
0.00%0.00%0.00%0.17%0.01%0.00%0.00%

Drawdowns

AIQ vs. IQM - Drawdown Comparison

The maximum AIQ drawdown since its inception was -44.66%, roughly equal to the maximum IQM drawdown of -44.91%. Use the drawdown chart below to compare losses from any high point for AIQ and IQM. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.25%
-3.80%
AIQ
IQM

Volatility

AIQ vs. IQM - Volatility Comparison

The current volatility for Global X Artificial Intelligence & Technology ETF (AIQ) is 5.36%, while Franklin Intelligent Machines ETF (IQM) has a volatility of 6.24%. This indicates that AIQ experiences smaller price fluctuations and is considered to be less risky than IQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
5.36%
6.24%
AIQ
IQM
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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