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

Key characteristics


AIQPBD
YTD Return12.71%-12.31%
1Y Return22.61%-28.63%
3Y Return (Ann)5.34%-19.86%
5Y Return (Ann)16.45%3.83%
Sharpe Ratio1.09-1.16
Daily Std Dev17.58%25.32%
Max Drawdown-44.66%-78.60%
Current Drawdown-5.21%-63.48%

Correlation

-0.50.00.51.00.7

The correlation between AIQ and PBD is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

AIQ vs. PBD - Performance Comparison

In the year-to-date period, AIQ achieves a 12.71% return, which is significantly higher than PBD's -12.31% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%50.00%100.00%150.00%FebruaryMarchAprilMayJuneJuly
139.73%
20.27%
AIQ
PBD

Compare stocks, funds, or ETFs

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


Global X Artificial Intelligence & Technology ETF

Invesco Global Clean Energy ETF

AIQ vs. PBD - Expense Ratio Comparison

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


PBD
Invesco Global Clean Energy ETF
Expense ratio chart for PBD: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
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%

Risk-Adjusted Performance

AIQ vs. PBD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Artificial Intelligence & Technology ETF (AIQ) and Invesco Global Clean Energy ETF (PBD). 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.


AIQ
Sharpe ratio
The chart of Sharpe ratio for AIQ, currently valued at 1.09, compared to the broader market0.002.004.006.001.09
Sortino ratio
The chart of Sortino ratio for AIQ, currently valued at 1.56, compared to the broader market0.005.0010.0015.001.56
Omega ratio
The chart of Omega ratio for AIQ, currently valued at 1.19, compared to the broader market1.002.003.001.19
Calmar ratio
The chart of Calmar ratio for AIQ, currently valued at 0.83, compared to the broader market0.005.0010.0015.0020.000.83
Martin ratio
The chart of Martin ratio for AIQ, currently valued at 4.24, compared to the broader market0.0050.00100.00150.004.24
PBD
Sharpe ratio
The chart of Sharpe ratio for PBD, currently valued at -1.16, compared to the broader market0.002.004.006.00-1.16
Sortino ratio
The chart of Sortino ratio for PBD, currently valued at -1.79, compared to the broader market0.005.0010.0015.00-1.79
Omega ratio
The chart of Omega ratio for PBD, currently valued at 0.82, compared to the broader market1.002.003.000.82
Calmar ratio
The chart of Calmar ratio for PBD, currently valued at -0.45, compared to the broader market0.005.0010.0015.0020.00-0.45
Martin ratio
The chart of Martin ratio for PBD, currently valued at -1.14, compared to the broader market0.0050.00100.00150.00-1.14

AIQ vs. PBD - Sharpe Ratio Comparison

The current AIQ Sharpe Ratio is 1.09, which is higher than the PBD Sharpe Ratio of -1.16. The chart below compares the 12-month rolling Sharpe Ratio of AIQ and PBD.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00FebruaryMarchAprilMayJuneJuly
1.09
-1.16
AIQ
PBD

Dividends

AIQ vs. PBD - Dividend Comparison

AIQ's dividend yield for the trailing twelve months is around 0.18%, less than PBD's 2.34% yield.


TTM20232022202120202019201820172016201520142013
AIQ
Global X Artificial Intelligence & Technology ETF
0.18%0.16%0.56%0.15%0.50%0.51%0.51%0.00%0.00%0.00%0.00%0.00%
PBD
Invesco Global Clean Energy ETF
2.34%2.85%2.98%0.67%0.48%1.83%1.86%1.76%2.04%1.24%1.05%0.88%

Drawdowns

AIQ vs. PBD - Drawdown Comparison

The maximum AIQ drawdown since its inception was -44.66%, smaller than the maximum PBD drawdown of -78.60%. Use the drawdown chart below to compare losses from any high point for AIQ and PBD. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%FebruaryMarchAprilMayJuneJuly
-5.21%
-63.48%
AIQ
PBD

Volatility

AIQ vs. PBD - Volatility Comparison

The current volatility for Global X Artificial Intelligence & Technology ETF (AIQ) is 4.85%, while Invesco Global Clean Energy ETF (PBD) has a volatility of 7.47%. This indicates that AIQ experiences smaller price fluctuations and is considered to be less risky than PBD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%FebruaryMarchAprilMayJuneJuly
4.85%
7.47%
AIQ
PBD