AIQ vs. THNQ

Last updated Jun 18, 2026

AIQ (Global X Artificial Intelligence & Technology ETF) and THNQ (ROBO Global Artificial Intelligence ETF) are both Technology Equities funds - AIQ tracks the Indxx Artificial Intelligence & Big Data Index while THNQ tracks the ROBO Global Artificial Intelligence Index. Both are passively managed. Over the past 5 years, AIQ returned 17.07%/yr vs 15.73%/yr for THNQ. Their correlation of 0.92 suggests significant overlap in exposure. Both charge a 0.68% expense ratio.

Performance

AIQ vs. THNQ - Performance Comparison

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

Returns By Period

In the year-to-date period, AIQ achieves a 26.48% return, which is significantly lower than THNQ's 37.20% return.

AIQ

• 1D: -0.48%
• 1M: 5.95%
• YTD: 26.48%
• 6M: 31.48%
• 1Y: 53.73%
• 3Y*: 31.70%
• 5Y*: 17.07%
• 10Y*: —

THNQ

• 1D: -0.48%
• 1M: 11.59%
• YTD: 37.20%
• 6M: 41.50%
• 1Y: 66.90%
• 3Y*: 33.45%
• 5Y*: 15.73%
• 10Y*: —

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

AIQ vs. THNQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
AIQ Global X Artificial Intelligence & Technology ETF	26.48%	31.89%	24.11%	55.39%	-36.44%	17.09%	47.84%
THNQ ROBO Global Artificial Intelligence ETF	37.20%	29.83%	18.82%	56.81%	-39.84%	9.10%	60.92%

Correlation

The correlation between AIQ and THNQ 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	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (All Time) Calculated using the full available price history since May 11, 2020	0.92

The correlation between AIQ and THNQ has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.

AIQ vs. THNQ - Sectors Allocation Comparison

Sectors	AIQ	THNQ
Technology	77.4%	74.2%
Communication Services	11.0%	10.5%
Consumer Cyclical	7.2%	7.3%
Industrials	3.4%	0.8%
Financial Services	0.5%	1.4%
Healthcare	0.4%	5.2%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Real Estate	-	0.7%
Utilities	-	-

Return for Risk

AIQ vs. THNQ — Risk / Return Rank

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

AIQ

AIQ Risk / Return Rank: 65
AIQ Sharpe Ratio Rank: 70
AIQ Sortino Ratio Rank: 60
AIQ Omega Ratio Rank: 65
AIQ Calmar Ratio Rank: 70
AIQ Martin Ratio Rank: 63

THNQ

THNQ Risk / Return Rank: 73
THNQ Sharpe Ratio Rank: 81
THNQ Sortino Ratio Rank: 69
THNQ Omega Ratio Rank: 69
THNQ Calmar Ratio Rank: 77
THNQ Martin Ratio Rank: 67

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. THNQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Artificial Intelligence & Technology ETF (AIQ) and ROBO Global Artificial Intelligence ETF (THNQ). 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	THNQ	Difference
Sharpe ratio: Return per unit of total volatility	2.10	2.38	-0.28
Sortino ratio: Return per unit of downside risk	2.64	2.92	-0.28
Omega ratio: Gain probability vs. loss probability	1.36	1.38	-0.02
Calmar ratio: Return relative to maximum drawdown	3.28	3.66	-0.38
Martin ratio: Return relative to average drawdown	10.65	11.61	-0.97

AIQ vs. THNQ - Sharpe Ratio Comparison

The current AIQ Sharpe Ratio is 2.10, which is comparable to the THNQ Sharpe Ratio of 2.38. The chart below compares the historical Sharpe Ratios of AIQ and THNQ, 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. THNQ - Drawdown Comparison

The maximum AIQ drawdown since its inception was -44.66%, smaller than the maximum THNQ drawdown of -50.56%. Use the drawdown chart below to compare losses from any high point for AIQ and THNQ.

Drawdown Indicators

	AIQ	THNQ	Difference
Max Drawdown Largest peak-to-trough decline	-44.66%	-50.56%	+5.90%
Max Drawdown (1Y) Largest decline over 1 year	-16.47%	-18.39%	+1.92%
Max Drawdown (3Y) Largest decline over 3 years	-26.35%	-29.88%	+3.53%
Max Drawdown (5Y) Largest decline over 5 years	-44.66%	-50.56%	+5.90%
Current Drawdown Current decline from peak	-8.28%	-6.85%	-1.43%
Average Drawdown Average peak-to-trough decline	-9.79%	-15.01%	+5.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.06%	5.78%	-0.72%

Volatility

AIQ vs. THNQ - Volatility Comparison

Global X Artificial Intelligence & Technology ETF (AIQ) has a higher volatility of 13.58% compared to ROBO Global Artificial Intelligence ETF (THNQ) at 12.93%. This indicates that AIQ's price experiences larger fluctuations and is considered to be riskier than THNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIQ	THNQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.58%	12.93%	+0.65%
Volatility (6M) Calculated over the trailing 6-month period	21.73%	22.88%	-1.15%
Volatility (1Y) Calculated over the trailing 1-year period	25.69%	28.19%	-2.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.83%	29.41%	-3.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.75%	28.86%	-3.11%

AIQ vs. THNQ - Expense Ratio Comparison

Both AIQ and THNQ have an expense ratio of 0.68%.

Dividends

AIQ vs. THNQ - Dividend Comparison

AIQ's dividend yield for the trailing twelve months is around 0.15%, which matches THNQ's 0.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AIQ Global X Artificial Intelligence & Technology ETF	0.15%	0.18%	0.14%	0.16%	0.56%	0.15%	0.50%	0.51%	0.51%
THNQ ROBO Global Artificial Intelligence ETF	0.15%	0.20%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AIQ and THNQ in my portfolio?

With a correlation of 0.91, AIQ and THNQ 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 THNQ?

AIQ has higher volatility (13.58%) compared to THNQ (12.93%). In terms of maximum drawdown, AIQ dropped -44.66% vs THNQ's -50.56%.

Which ETF is better, AIQ or THNQ?

On 5-year performance, AIQ leads with 17.07% vs 15.73% for THNQ. Both ETFs have the same 0.68% expense ratio. On volatility, THNQ has been the lower-risk option at 12.93%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AIQ or THNQ?

Over the 5-year period, AIQ has performed better with a 17.07% return vs 15.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AIQ or THNQ?

AIQ and THNQ have the same expense ratio: 0.68% per year.

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

AIQ and THNQ have nearly identical dividend yields, around 0.15%.

What is the main difference between AIQ and THNQ?

AIQ tracks Indxx Artificial Intelligence & Big Data Index, while THNQ tracks ROBO Global Artificial Intelligence Index. They also come from different issuers: Global X and Exchange Traded Concepts.

Which has better risk-adjusted returns?

THNQ currently has the higher Sharpe Ratio (2.38 vs 2.10), 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.