AIQ vs. PBOT

Last updated Aug 4, 2026

AIQ (Global X Artificial Intelligence & Technology ETF) and PBOT (Pictet AI & Automation ETF) are both Artificial Intelligence funds. AIQ is passively managed, while PBOT is actively managed. Their correlation of 0.91 means they have usually moved in the same direction. AIQ charges 0.68%/yr vs 0.70%/yr for PBOT.

Performance

AIQ vs. PBOT - Performance Comparison

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

Returns By Period

In the year-to-date period, AIQ achieves a 19.09% return, which is significantly lower than PBOT's 26.50% 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%

PBOT

• 1D: 1.80%
• 1M: -1.29%
• 6M: 24.01%
• YTD: 26.50%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AIQ Global X Artificial Intelligence & Technology ETF	$119.65M	$125.66M	$166.59M
PBOT Pictet AI & Automation ETF	$30.33K	$29.64K	$24.21K

AIQ vs. PBOT - Yearly Performance Comparison

	2026 (YTD)	2025
AIQ Global X Artificial Intelligence & Technology ETF	19.09%	0.70%
PBOT Pictet AI & Automation ETF	26.50%	0.33%

Correlation

The correlation between AIQ and PBOT is 0.91, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 16, 2025	0.91

Return for Risk

AIQ vs. PBOT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AIQ

AIQ Risk / Return Rank: 53
AIQ Sharpe Ratio Rank: 57
AIQ Sortino Ratio Rank: 52
AIQ Omega Ratio Rank: 53
AIQ Calmar Ratio Rank: 54
AIQ Martin Ratio Rank: 50

PBOT

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AIQ vs. PBOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Artificial Intelligence & Technology ETF (AIQ) and Pictet AI & Automation ETF (PBOT). 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	PBOT	Difference
Sharpe ratio: Return per unit of total volatility	1.39	—	—
Sortino ratio: Return per unit of downside risk	1.88	—	—
Omega ratio: Gain probability vs. loss probability	1.24	—	—
Calmar ratio: Return relative to maximum drawdown	1.96	—	—
Martin ratio: Return relative to average drawdown	5.85	—	—

Drawdowns

AIQ vs. PBOT - Drawdown Comparison

The maximum AIQ drawdown since its inception was -44.66%, which is greater than PBOT's maximum drawdown of -15.78%. Use the drawdown chart below to compare losses from any high point for AIQ and PBOT.

Drawdown Indicators

	AIQ	PBOT	Difference
Max Drawdown Largest peak-to-trough decline	-44.66%	-15.78%	-28.88%
Max Drawdown (1Y) Largest decline over 1 year	-20.19%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-26.35%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-44.66%	—	—
Current Drawdown Current decline from peak	-13.64%	-6.04%	-7.60%
Average Drawdown Average peak-to-trough decline	-9.82%	-4.52%	-5.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.76%	—	—

Volatility

Volatility by Period

	AIQ	PBOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.54%	—	—
Volatility (6M) Calculated over the trailing 6-month period	24.90%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	28.63%	26.96%	+1.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.45%	26.96%	-0.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.99%	26.96%	-0.97%

AIQ vs. PBOT - Expense Ratio Comparison

AIQ has a 0.68% expense ratio, which is lower than PBOT's 0.70% expense ratio.

Dividends

AIQ vs. PBOT - Dividend Comparison

AIQ's dividend yield for the trailing twelve months is around 0.08%, which matches PBOT's 0.08% yield.

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%
PBOT Pictet AI & Automation ETF	0.08%	0.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AIQ and PBOT in my portfolio?

With a correlation of 0.91, AIQ and PBOT 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 ETF is better, AIQ or PBOT?

On fees, AIQ is cheaper at 0.68% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AIQ or PBOT?

AIQ is cheaper with a 0.68% expense ratio, compared with 0.70% for PBOT.

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

AIQ and PBOT have nearly identical dividend yields, around 0.08%.

What is the main difference between AIQ and PBOT?

They also come from different issuers: Global X and Pictet. Their fees differ too: 0.68% for AIQ and 0.70% for PBOT.