AIS vs. QUSA

Last updated Jul 14, 2026

AIS (VistaShares Artificial Intelligence Supercycle ETF) and QUSA (VistaShares Target 15™ USA Quality Income ETF) are both exchange-traded funds - AIS is a Technology Equities fund actively managed by VistaShares, while QUSA is a Derivative Income fund actively managed by VistaShares. Both are actively managed. Over the past year, AIS returned 156.70% vs 5.10% for QUSA. A 0.51 correlation means they provide meaningful diversification when combined. AIS charges 0.75%/yr vs 0.95%/yr for QUSA.

Performance

AIS vs. QUSA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VistaShares Artificial Intelligence Supercycle ETF (AIS) and VistaShares Target 15™ USA Quality Income ETF (QUSA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIS achieves a 90.47% return, which is significantly higher than QUSA's 9.55% return.

AIS

• 1D: -5.97%
• 1M: -6.35%
• 6M: 76.19%
• YTD: 90.47%
• 1Y: 156.70%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QUSA

• 1D: -0.76%
• 1M: 0.23%
• 6M: 7.12%
• YTD: 9.55%
• 1Y: 5.10%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AIS vs. QUSA - Yearly Performance Comparison

	2026 (YTD)	2025
AIS VistaShares Artificial Intelligence Supercycle ETF	90.47%	67.73%
QUSA VistaShares Target 15™ USA Quality Income ETF	9.55%	-3.27%

Correlation

The correlation between AIS and QUSA is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (All Time) Calculated using the full available price history since May 6, 2025	0.51

The correlation between AIS and QUSA has been stable across timeframes, ranging from 0.51 to 0.57 - a consistent structural relationship.

AIS vs. QUSA - Sectors Allocation Comparison

Sectors	AIS	QUSA
Technology	86.2%	37.9%
Industrials	7.8%	9.8%
Utilities	2.9%	-
Consumer Defensive	0.3%	16.7%
Basic Materials	-	-
Communication Services	-	12.9%
Consumer Cyclical	-	-
Energy	-	-
Healthcare	-	9.6%
Real Estate	-	-
Financial Services	-0.1%	13.0%

Return for Risk

AIS vs. QUSA — Risk / Return Rank

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

AIS

AIS Risk / Return Rank: 95
AIS Sharpe Ratio Rank: 97
AIS Sortino Ratio Rank: 92
AIS Omega Ratio Rank: 92
AIS Calmar Ratio Rank: 97
AIS Martin Ratio Rank: 96

QUSA

QUSA Risk / Return Rank: 17
QUSA Sharpe Ratio Rank: 18
QUSA Sortino Ratio Rank: 17
QUSA Omega Ratio Rank: 17
QUSA Calmar Ratio Rank: 17
QUSA Martin Ratio Rank: 16

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.

AIS vs. QUSA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VistaShares Artificial Intelligence Supercycle ETF (AIS) and VistaShares Target 15™ USA Quality Income ETF (QUSA). 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.

	AIS	QUSA	Difference
Sharpe ratio: Return per unit of total volatility	3.54	0.47	+3.07
Sortino ratio: Return per unit of downside risk	3.49	0.75	+2.73
Omega ratio: Gain probability vs. loss probability	1.49	1.09	+0.40
Calmar ratio: Return relative to maximum drawdown	8.46	0.51	+7.96
Martin ratio: Return relative to average drawdown	26.67	1.20	+25.46

AIS vs. QUSA - Sharpe Ratio Comparison

The current AIS Sharpe Ratio is 3.54, which is higher than the QUSA Sharpe Ratio of 0.47. The chart below compares the historical Sharpe Ratios of AIS and QUSA, 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

AIS vs. QUSA - Drawdown Comparison

The maximum AIS drawdown since its inception was -32.78%, which is greater than QUSA's maximum drawdown of -10.64%. Use the drawdown chart below to compare losses from any high point for AIS and QUSA.

Drawdown Indicators

	AIS	QUSA	Difference
Max Drawdown Largest peak-to-trough decline	-32.78%	-10.64%	-22.14%
Max Drawdown (1Y) Largest decline over 1 year	-18.63%	-10.12%	-8.51%
Current Drawdown Current decline from peak	-18.63%	-1.87%	-16.76%
Average Drawdown Average peak-to-trough decline	-5.68%	-3.62%	-2.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.90%	4.24%	+1.66%

Volatility

AIS vs. QUSA - Volatility Comparison

VistaShares Artificial Intelligence Supercycle ETF (AIS) has a higher volatility of 23.94% compared to VistaShares Target 15™ USA Quality Income ETF (QUSA) at 4.15%. This indicates that AIS's price experiences larger fluctuations and is considered to be riskier than QUSA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIS	QUSA	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.94%	4.15%	+19.79%
Volatility (6M) Calculated over the trailing 6-month period	39.78%	9.02%	+30.76%
Volatility (1Y) Calculated over the trailing 1-year period	44.66%	10.97%	+33.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.54%	10.76%	+31.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.54%	10.76%	+31.78%

AIS vs. QUSA - Expense Ratio Comparison

AIS has a 0.75% expense ratio, which is lower than QUSA's 0.95% expense ratio.

Dividends

AIS vs. QUSA - Dividend Comparison

AIS has not paid dividends to shareholders, while QUSA's dividend yield for the trailing twelve months is around 13.92%.

Position	TTM	2025
AIS VistaShares Artificial Intelligence Supercycle ETF	0.00%	0.00%
QUSA VistaShares Target 15™ USA Quality Income ETF	13.92%	6.61%

Frequently Asked Questions

Can I hold both AIS and QUSA in my portfolio?

AIS and QUSA have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AIS or QUSA?

AIS has higher volatility (23.94%) compared to QUSA (4.15%). In terms of maximum drawdown, AIS dropped -32.78% vs QUSA's -10.64%.

Which ETF is better, AIS or QUSA?

On 1-year performance, AIS leads with 156.70% vs 5.10% for QUSA. On fees, AIS is cheaper at 0.75% per year. On volatility, QUSA has been the lower-risk option at 4.15%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AIS or QUSA?

Over the 1-year period, AIS has performed better with a 156.70% return vs 5.10%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AIS or QUSA?

AIS is cheaper with a 0.75% expense ratio, compared with 0.95% for QUSA.

Which ETF pays a higher dividend yield, AIS or QUSA?

QUSA has the higher dividend yield at 13.92%, compared with 0.00% for AIS.

What is the main difference between AIS and QUSA?

AIS is categorized as Technology Equities, while QUSA is Derivative Income. Their fees differ too: 0.75% for AIS and 0.95% for QUSA.

Which has better risk-adjusted returns?

AIS currently has the higher Sharpe Ratio (3.54 vs 0.47), 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.