AIQ vs. WNTR

Last updated Jul 15, 2026

AIQ (Global X Artificial Intelligence & Technology ETF) and WNTR (YieldMax Short MSTR Option Income Strategy ETF) are both exchange-traded funds - AIQ is a Technology Equities fund tracking the Indxx Artificial Intelligence & Big Data Index, while WNTR is a Derivative Income fund actively managed by YieldMax. AIQ is passively managed, while WNTR is actively managed. Over the past year, AIQ returned 42.53% vs 119.74% for WNTR. At a correlation of -0.47, they often move in opposite directions. AIQ charges 0.68%/yr vs 1.01%/yr for WNTR.

Performance

AIQ vs. WNTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Artificial Intelligence & Technology ETF (AIQ) and YieldMax Short MSTR Option Income Strategy ETF (WNTR). 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 higher than WNTR's 5.96% return.

AIQ

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

WNTR

• 1D: -3.79%
• 1M: 13.60%
• 6M: 16.72%
• YTD: 5.96%
• 1Y: 119.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AIQ vs. WNTR - Yearly Performance Comparison

	2026 (YTD)	2025
AIQ Global X Artificial Intelligence & Technology ETF	21.83%	34.39%
WNTR YieldMax Short MSTR Option Income Strategy ETF	5.96%	52.78%

Correlation

The correlation between AIQ and WNTR is -0.47, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.47
Correlation (All Time) Calculated using the full available price history since Mar 27, 2025	-0.47

Return for Risk

AIQ vs. WNTR — 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

WNTR

WNTR Risk / Return Rank: 70
WNTR Sharpe Ratio Rank: 87
WNTR Sortino Ratio Rank: 67
WNTR Omega Ratio Rank: 72
WNTR Calmar Ratio Rank: 71
WNTR Martin Ratio Rank: 53

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. WNTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Artificial Intelligence & Technology ETF (AIQ) and YieldMax Short MSTR Option Income Strategy ETF (WNTR). 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	WNTR	Difference
Sharpe ratio: Return per unit of total volatility	1.55	2.24	-0.69
Sortino ratio: Return per unit of downside risk	2.03	2.46	-0.43
Omega ratio: Gain probability vs. loss probability	1.27	1.34	-0.06
Calmar ratio: Return relative to maximum drawdown	2.59	2.82	-0.23
Martin ratio: Return relative to average drawdown	7.58	7.24	+0.34

AIQ vs. WNTR - Sharpe Ratio Comparison

The current AIQ Sharpe Ratio is 1.55, which is lower than the WNTR Sharpe Ratio of 2.24. The chart below compares the historical Sharpe Ratios of AIQ and WNTR, 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. WNTR - Drawdown Comparison

The maximum AIQ drawdown since its inception was -44.66%, roughly equal to the maximum WNTR drawdown of -42.65%. Use the drawdown chart below to compare losses from any high point for AIQ and WNTR.

Drawdown Indicators

	AIQ	WNTR	Difference
Max Drawdown Largest peak-to-trough decline	-44.66%	-42.65%	-2.01%
Max Drawdown (1Y) Largest decline over 1 year	-16.47%	-42.65%	+26.18%
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	-11.66%	-13.55%	+1.89%
Average Drawdown Average peak-to-trough decline	-9.78%	-20.51%	+10.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.63%	16.60%	-10.97%

Volatility

AIQ vs. WNTR - Volatility Comparison

The current volatility for Global X Artificial Intelligence & Technology ETF (AIQ) is 11.93%, while YieldMax Short MSTR Option Income Strategy ETF (WNTR) has a volatility of 19.07%. This indicates that AIQ experiences smaller price fluctuations and is considered to be less risky than WNTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIQ	WNTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.93%	19.07%	-7.14%
Volatility (6M) Calculated over the trailing 6-month period	23.90%	47.38%	-23.48%
Volatility (1Y) Calculated over the trailing 1-year period	27.49%	53.89%	-26.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.23%	53.60%	-27.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.91%	53.60%	-27.69%

AIQ vs. WNTR - Expense Ratio Comparison

AIQ has a 0.68% expense ratio, which is lower than WNTR's 1.01% expense ratio.

Dividends

AIQ vs. WNTR - Dividend Comparison

AIQ's dividend yield for the trailing twelve months is around 0.07%, less than WNTR's 106.17% yield.

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%
WNTR YieldMax Short MSTR Option Income Strategy ETF	106.17%	58.56%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AIQ and WNTR in my portfolio?

AIQ and WNTR have a correlation of -0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AIQ or WNTR?

WNTR has higher volatility (19.07%) compared to AIQ (11.93%). In terms of maximum drawdown, AIQ dropped -44.66% vs WNTR's -42.65%.

Which ETF is better, AIQ or WNTR?

On 1-year performance, WNTR leads with 119.74% vs 42.53% for AIQ. On fees, AIQ is cheaper at 0.68% per year. On volatility, AIQ has been the lower-risk option at 11.93%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AIQ or WNTR?

Over the 1-year period, WNTR has performed better with a 119.74% return vs 42.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AIQ or WNTR?

AIQ is cheaper with a 0.68% expense ratio, compared with 1.01% for WNTR.

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

WNTR has the higher dividend yield at 106.17%, compared with 0.07% for AIQ.

What is the main difference between AIQ and WNTR?

AIQ is categorized as Technology Equities, while WNTR is Derivative Income. They also come from different issuers: Global X and YieldMax. Their fees differ too: 0.68% for AIQ and 1.01% for WNTR.

Which has better risk-adjusted returns?

WNTR currently has the higher Sharpe Ratio (2.24 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.