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

Key characteristics


AIQXLK
YTD Return14.70%16.96%
1Y Return21.35%25.43%
3Y Return (Ann)6.19%15.30%
5Y Return (Ann)16.89%23.97%
Sharpe Ratio1.261.49
Daily Std Dev17.53%18.08%
Max Drawdown-44.66%-82.05%
Current Drawdown-3.54%-5.60%

Correlation

-0.50.00.51.00.9

The correlation between AIQ and XLK 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.

Performance

AIQ vs. XLK - Performance Comparison

In the year-to-date period, AIQ achieves a 14.70% return, which is significantly lower than XLK's 16.96% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


100.00%150.00%200.00%250.00%FebruaryMarchAprilMayJuneJuly
143.97%
244.82%
AIQ
XLK

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

Technology Select Sector SPDR Fund

AIQ vs. XLK - Expense Ratio Comparison

AIQ has a 0.68% expense ratio, which is higher than XLK's 0.13% 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 XLK: current value at 0.13% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.13%

Risk-Adjusted Performance

AIQ vs. XLK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Artificial Intelligence & Technology ETF (AIQ) and Technology Select Sector SPDR Fund (XLK). 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 1.26, compared to the broader market0.002.004.006.001.26
Sortino ratio
The chart of Sortino ratio for AIQ, currently valued at 1.76, compared to the broader market0.005.0010.001.76
Omega ratio
The chart of Omega ratio for AIQ, currently valued at 1.22, compared to the broader market1.002.003.001.22
Calmar ratio
The chart of Calmar ratio for AIQ, currently valued at 0.95, compared to the broader market0.005.0010.0015.0020.000.95
Martin ratio
The chart of Martin ratio for AIQ, currently valued at 4.87, compared to the broader market0.0050.00100.00150.004.87
XLK
Sharpe ratio
The chart of Sharpe ratio for XLK, currently valued at 1.49, compared to the broader market0.002.004.006.001.49
Sortino ratio
The chart of Sortino ratio for XLK, currently valued at 2.03, compared to the broader market0.005.0010.002.03
Omega ratio
The chart of Omega ratio for XLK, currently valued at 1.26, compared to the broader market1.002.003.001.26
Calmar ratio
The chart of Calmar ratio for XLK, currently valued at 2.45, compared to the broader market0.005.0010.0015.0020.002.45
Martin ratio
The chart of Martin ratio for XLK, currently valued at 6.59, compared to the broader market0.0050.00100.00150.006.59

AIQ vs. XLK - Sharpe Ratio Comparison

The current AIQ Sharpe Ratio is 1.26, which roughly equals the XLK Sharpe Ratio of 1.49. The chart below compares the 12-month rolling Sharpe Ratio of AIQ and XLK.


Rolling 12-month Sharpe Ratio1.502.002.503.00FebruaryMarchAprilMayJuneJuly
1.26
1.49
AIQ
XLK

Dividends

AIQ vs. XLK - Dividend Comparison

AIQ's dividend yield for the trailing twelve months is around 0.17%, less than XLK's 0.68% yield.


TTM20232022202120202019201820172016201520142013
AIQ
Global X Artificial Intelligence & Technology ETF
0.17%0.16%0.56%0.15%0.50%0.51%0.51%0.00%0.00%0.00%0.00%0.00%
XLK
Technology Select Sector SPDR Fund
0.68%0.76%1.04%0.65%0.92%1.16%1.60%1.37%1.74%1.79%1.75%1.70%

Drawdowns

AIQ vs. XLK - Drawdown Comparison

The maximum AIQ drawdown since its inception was -44.66%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for AIQ and XLK. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%FebruaryMarchAprilMayJuneJuly
-3.54%
-5.60%
AIQ
XLK

Volatility

AIQ vs. XLK - Volatility Comparison

The current volatility for Global X Artificial Intelligence & Technology ETF (AIQ) is 4.87%, while Technology Select Sector SPDR Fund (XLK) has a volatility of 6.59%. This indicates that AIQ experiences smaller price fluctuations and is considered to be less risky than XLK 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%FebruaryMarchAprilMayJuneJuly
4.87%
6.59%
AIQ
XLK