AIVC vs. GGTL

Last updated Jun 24, 2026

AIVC (Amplify Bloomberg AI Value Chain ETF) and GGTL (Gabelli Global Technology Leaders ETF) are both Technology Equities funds. AIVC is passively managed, while GGTL is actively managed. Over the past 3 years, AIVC returned 48.25%/yr vs 21.46%/yr for GGTL. A 0.75 correlation means they provide meaningful diversification when combined. AIVC charges 0.59%/yr vs 0.90%/yr for GGTL.

Performance

AIVC vs. GGTL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Bloomberg AI Value Chain ETF (AIVC) and Gabelli Global Technology Leaders ETF (GGTL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIVC achieves a 66.45% return, which is significantly higher than GGTL's 23.84% return.

AIVC

• 1D: -4.78%
• 1M: 7.56%
• YTD: 66.45%
• 6M: 65.87%
• 1Y: 125.43%
• 3Y*: 48.25%
• 5Y*: 16.85%
• 10Y*: 16.72%

GGTL

• 1D: -4.64%
• 1M: 2.58%
• YTD: 23.84%
• 6M: 23.84%
• 1Y: 40.67%
• 3Y*: 21.46%
• 5Y*: —
• 10Y*: —

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

AIVC vs. GGTL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AIVC Amplify Bloomberg AI Value Chain ETF	66.45%	39.94%	18.22%	39.28%	-36.48%
GGTL Gabelli Global Technology Leaders ETF	23.84%	19.78%	11.07%	18.17%	-16.10%

Correlation

The correlation between AIVC and GGTL is 0.79, 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	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (All Time) Calculated using the full available price history since Jan 5, 2022	0.75

The correlation between AIVC and GGTL has been stable across timeframes, ranging from 0.73 to 0.79 - a consistent structural relationship.

AIVC vs. GGTL - Sectors Allocation Comparison

Sectors	AIVC	GGTL
Technology	91.8%	55.5%
Communication Services	4.8%	2.9%
Consumer Cyclical	2.9%	0.9%
Financial Services	0.4%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	0.1%
Real Estate	-	-
Utilities	-	-

Return for Risk

AIVC vs. GGTL — Risk / Return Rank

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

AIVC

AIVC Risk / Return Rank: 94
AIVC Sharpe Ratio Rank: 96
AIVC Sortino Ratio Rank: 91
AIVC Omega Ratio Rank: 91
AIVC Calmar Ratio Rank: 96
AIVC Martin Ratio Rank: 95

GGTL

GGTL Risk / Return Rank: 76
GGTL Sharpe Ratio Rank: 73
GGTL Sortino Ratio Rank: 67
GGTL Omega Ratio Rank: 73
GGTL Calmar Ratio Rank: 87
GGTL Martin Ratio Rank: 83

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.

AIVC vs. GGTL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Bloomberg AI Value Chain ETF (AIVC) and Gabelli Global Technology Leaders ETF (GGTL). 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.

	AIVC	GGTL	Difference
Sharpe ratio: Return per unit of total volatility	3.91	2.10	+1.81
Sortino ratio: Return per unit of downside risk	4.06	2.75	+1.31
Omega ratio: Gain probability vs. loss probability	1.55	1.39	+0.16
Calmar ratio: Return relative to maximum drawdown	8.94	4.44	+4.50
Martin ratio: Return relative to average drawdown	27.60	15.15	+12.45

AIVC vs. GGTL - Sharpe Ratio Comparison

The current AIVC Sharpe Ratio is 3.91, which is higher than the GGTL Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of AIVC and GGTL, 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

AIVC vs. GGTL - Drawdown Comparison

The maximum AIVC drawdown since its inception was -56.11%, which is greater than GGTL's maximum drawdown of -23.65%. Use the drawdown chart below to compare losses from any high point for AIVC and GGTL.

Drawdown Indicators

	AIVC	GGTL	Difference
Max Drawdown Largest peak-to-trough decline	-56.11%	-23.65%	-32.46%
Max Drawdown (1Y) Largest decline over 1 year	-14.11%	-9.20%	-4.91%
Max Drawdown (3Y) Largest decline over 3 years	-32.55%	-21.46%	-11.09%
Max Drawdown (5Y) Largest decline over 5 years	-53.58%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-56.11%	—	—
Current Drawdown Current decline from peak	-8.48%	-4.64%	-3.84%
Average Drawdown Average peak-to-trough decline	-16.38%	-7.40%	-8.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.56%	2.69%	+1.87%

Volatility

AIVC vs. GGTL - Volatility Comparison

Amplify Bloomberg AI Value Chain ETF (AIVC) has a higher volatility of 15.81% compared to Gabelli Global Technology Leaders ETF (GGTL) at 11.18%. This indicates that AIVC's price experiences larger fluctuations and is considered to be riskier than GGTL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIVC	GGTL	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.81%	11.18%	+4.63%
Volatility (6M) Calculated over the trailing 6-month period	26.60%	16.84%	+9.76%
Volatility (1Y) Calculated over the trailing 1-year period	32.28%	19.45%	+12.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.73%	18.19%	+12.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.16%	18.19%	+8.97%

AIVC vs. GGTL - Expense Ratio Comparison

AIVC has a 0.59% expense ratio, which is lower than GGTL's 0.90% expense ratio.

Dividends

AIVC vs. GGTL - Dividend Comparison

AIVC's dividend yield for the trailing twelve months is around 0.10%, less than GGTL's 0.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
AIVC Amplify Bloomberg AI Value Chain ETF	0.10%	0.17%	0.21%	0.00%	0.00%	0.00%	0.39%	1.16%	0.38%	0.92%	0.64%
GGTL Gabelli Global Technology Leaders ETF	0.84%	1.04%	0.75%	0.84%	0.78%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AIVC and GGTL in my portfolio?

AIVC and GGTL have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AIVC or GGTL?

AIVC has higher volatility (15.81%) compared to GGTL (11.18%). In terms of maximum drawdown, AIVC dropped -56.11% vs GGTL's -23.65%.

Which ETF is better, AIVC or GGTL?

On 3-year performance, AIVC leads with 48.25% vs 21.46% for GGTL. On fees, AIVC is cheaper at 0.59% per year. On volatility, GGTL has been the lower-risk option at 11.18%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AIVC or GGTL?

Over the 3-year period, AIVC has performed better with a 48.25% return vs 21.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AIVC or GGTL?

AIVC is cheaper with a 0.59% expense ratio, compared with 0.90% for GGTL.

Which ETF pays a higher dividend yield, AIVC or GGTL?

GGTL has the higher dividend yield at 0.84%, compared with 0.10% for AIVC.

What is the main difference between AIVC and GGTL?

They also come from different issuers: Amplify and Gabelli. Their fees differ too: 0.59% for AIVC and 0.90% for GGTL.

Which has better risk-adjusted returns?

AIVC currently has the higher Sharpe Ratio (3.91 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.