AIVC vs. PXQ
AIVC (Amplify Bloomberg AI Value Chain ETF) and PXQ (Invesco Next Gen Connectivity ETF) are both Technology Equities funds - AIVC tracks the Bloomberg AI Value Chain Index while PXQ tracks the STOXX World AC NexGen Connectivity Index. Both are passively managed. Over the past 10 years, AIVC returned 14.90%/yr vs 18.83%/yr for PXQ. Their 0.76 correlation means they have sometimes moved together and sometimes differently. AIVC charges 0.59%/yr vs 0.40%/yr for PXQ.
Performance
AIVC vs. PXQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AIVC achieves a 51.80% return, which is significantly higher than PXQ's 40.12% return. Over the past 10 years, AIVC has underperformed PXQ with an annualized return of 14.90%, while PXQ has yielded a comparatively higher 18.83% annualized return.
AIVC
- 1D
- 2.05%
- 1M
- -3.20%
- 6M
- 43.84%
- YTD
- 51.80%
- 1Y
- 90.42%
- 3Y*
- 40.15%
- 5Y*
- 15.23%
- 10Y*
- 14.90%
- ALL TIME*
- 14.99%
PXQ
- 1D
- 0.08%
- 1M
- -4.96%
- 6M
- 31.73%
- YTD
- 40.12%
- 1Y
- 63.92%
- 3Y*
- 33.13%
- 5Y*
- 16.31%
- 10Y*
- 18.83%
- ALL TIME*
- 13.22%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $693.08K | $1.23M | $2.77M | |
| $741.37K | $822.66K | $837.91K |
AIVC vs. PXQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AIVC Amplify Bloomberg AI Value Chain ETF | 51.80% | 39.94% | 18.22% | 39.28% | -38.91% | -7.23% | 41.45% | 27.78% | -18.62% | 35.42% |
PXQ Invesco Next Gen Connectivity ETF | 40.12% | 28.65% | 19.41% | 27.39% | -29.54% | 21.83% | 39.14% | 26.35% | 5.78% | 15.41% |
Correlation
The correlation between AIVC and PXQ is 0.91, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.91 |
Correlation (3Y) Balances recent behavior with more history. | 0.84 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.83 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.77 |
Correlation (All Time) Calculated using the full available price history since Mar 9, 2016 | 0.76 |
The correlation between AIVC and PXQ shifts across timeframes, from 0.76 (all time) to 0.91 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AIVC vs. PXQ — Risk / Return Rank
AIVC
PXQ
AIVC vs. PXQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Bloomberg AI Value Chain ETF (AIVC) and Invesco Next Gen Connectivity ETF (PXQ). 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 | PXQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.38 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.70 | 3.31 | +0.39 |
| Martin ratioReturn relative to average drawdown | 13.10 | 13.33 | -0.23 |
Loading charts...
Drawdowns
AIVC vs. PXQ - Drawdown Comparison
The maximum AIVC drawdown since its inception was -56.11%, roughly equal to the maximum PXQ drawdown of -57.18%. Use the drawdown chart below to compare losses from any high point for AIVC and PXQ.
Loading charts...
Drawdown Indicators
| AIVC | PXQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.11% | -57.18% | +1.07% |
Max Drawdown (1Y)Largest decline over 1 year | -23.29% | -18.91% | -4.38% |
Max Drawdown (3Y)Largest decline over 3 years | -32.55% | -21.40% | -11.15% |
Max Drawdown (5Y)Largest decline over 5 years | -53.58% | -34.55% | -19.03% |
Max Drawdown (10Y)Largest decline over 10 years | -56.11% | -34.55% | -21.56% |
Current DrawdownCurrent decline from peak | -16.53% | -14.80% | -1.73% |
Average DrawdownAverage peak-to-trough decline | -16.35% | -10.73% | -5.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.56% | 4.68% | +1.88% |
Volatility
AIVC vs. PXQ - Volatility Comparison
Amplify Bloomberg AI Value Chain ETF (AIVC) has a higher volatility of 13.86% compared to Invesco Next Gen Connectivity ETF (PXQ) at 11.26%. This indicates that AIVC's price experiences larger fluctuations and is considered to be riskier than PXQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AIVC | PXQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.86% | 11.26% | +2.60% |
Volatility (6M)Calculated over the trailing 6-month period | 29.86% | 24.68% | +5.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.26% | 27.67% | +7.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.35% | 24.48% | +6.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.49% | 23.55% | +3.94% |
AIVC vs. PXQ - Expense Ratio Comparison
AIVC has a 0.59% expense ratio, which is higher than PXQ's 0.40% expense ratio.
Dividends
AIVC vs. PXQ - Dividend Comparison
AIVC's dividend yield for the trailing twelve months is around 0.11%, less than PXQ's 0.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
AIVC Amplify Bloomberg AI Value Chain ETF | 0.11% | 0.17% | 0.21% | 0.00% | 0.00% | 0.00% | 0.39% | 1.16% | 0.38% | 0.92% | 0.64% |
PXQ Invesco Next Gen Connectivity ETF | 0.68% | 0.86% | 1.38% | 0.60% | 2.24% | 0.55% | 0.18% | 0.44% | 1.22% | 0.66% | 0.44% |
Frequently Asked Questions
With a correlation of 0.91, AIVC and PXQ 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.
AIVC has higher volatility (13.86%) compared to PXQ (11.26%). In terms of maximum drawdown, AIVC dropped -56.11% vs PXQ's -57.18%.
On 10-year performance, PXQ leads with 18.83% vs 14.90% for AIVC. On fees, PXQ is cheaper at 0.40% per year. On volatility, PXQ has been the lower-risk option at 11.26%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, PXQ has performed better with a 18.83% return vs 14.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
PXQ is cheaper with a 0.40% expense ratio, compared with 0.59% for AIVC.
PXQ has the higher dividend yield at 0.68%, compared with 0.11% for AIVC.
AIVC tracks Bloomberg AI Value Chain Index, while PXQ tracks STOXX World AC NexGen Connectivity Index. They also come from different issuers: Amplify and Invesco. Their fees differ too: 0.59% for AIVC and 0.40% for PXQ.
AIVC currently has the higher Sharpe Ratio (2.45 vs 2.27), 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.
Find the right allocation for AIVC and PXQ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer