AIVL vs. AIQ
Compare and contrast key facts about WisdomTree U.S. Al Enhanced Value Fund (AIVL) and Global X Artificial Intelligence & Technology ETF (AIQ).
AIVL and AIQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AIVL is an actively managed fund by WisdomTree. It was launched on Jun 16, 2006. AIQ is a passively managed fund by Global X that tracks the performance of the Indxx Artificial Intelligence & Big Data Index. It was launched on May 11, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AIVL or AIQ.
Correlation
The correlation between AIVL and AIQ is 0.80, 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
AIVL vs. AIQ - Performance Comparison
Key characteristics
AIVL:
0.67
AIQ:
0.54
AIVL:
1.01
AIQ:
0.92
AIVL:
1.15
AIQ:
1.13
AIVL:
0.71
AIQ:
0.55
AIVL:
2.68
AIQ:
1.91
AIVL:
3.84%
AIQ:
7.57%
AIVL:
15.34%
AIQ:
26.89%
AIVL:
-62.48%
AIQ:
-44.66%
AIVL:
-5.47%
AIQ:
-11.41%
Returns By Period
In the year-to-date period, AIVL achieves a 1.17% return, which is significantly higher than AIQ's -1.94% return.
AIVL
1.17%
8.54%
-3.77%
9.31%
11.49%
6.59%
AIQ
-1.94%
17.78%
-0.94%
13.10%
15.85%
N/A
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AIVL vs. AIQ - Expense Ratio Comparison
AIVL has a 0.38% expense ratio, which is lower than AIQ's 0.68% expense ratio.
Risk-Adjusted Performance
AIVL vs. AIQ — Risk-Adjusted Performance Rank
AIVL
AIQ
AIVL vs. AIQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Al Enhanced Value Fund (AIVL) and Global X Artificial Intelligence & Technology ETF (AIQ). 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.
Dividends
AIVL vs. AIQ - Dividend Comparison
AIVL's dividend yield for the trailing twelve months is around 1.99%, more than AIQ's 0.14% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIVL WisdomTree U.S. Al Enhanced Value Fund | 1.99% | 2.13% | 2.43% | 2.08% | 2.74% | 3.55% | 3.25% | 4.18% | 3.16% | 3.20% | 3.21% | 3.07% |
AIQ Global X Artificial Intelligence & Technology ETF | 0.14% | 0.14% | 0.16% | 0.56% | 0.15% | 0.50% | 0.51% | 0.51% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AIVL vs. AIQ - Drawdown Comparison
The maximum AIVL drawdown since its inception was -62.48%, which is greater than AIQ's maximum drawdown of -44.66%. Use the drawdown chart below to compare losses from any high point for AIVL and AIQ. For additional features, visit the drawdowns tool.
Volatility
AIVL vs. AIQ - Volatility Comparison
The current volatility for WisdomTree U.S. Al Enhanced Value Fund (AIVL) is 8.18%, while Global X Artificial Intelligence & Technology ETF (AIQ) has a volatility of 14.32%. This indicates that AIVL experiences smaller price fluctuations and is considered to be less risky than AIQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.