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

Correlation

The correlation between DTEC and AIQ 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.


-0.50.00.51.00.9

Performance

DTEC vs. AIQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS Disruptive Technologies ETF (DTEC) and Global X Artificial Intelligence & Technology ETF (AIQ). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
12.92%
11.90%
DTEC
AIQ

Key characteristics

Sharpe Ratio

DTEC:

0.88

AIQ:

1.48

Sortino Ratio

DTEC:

1.26

AIQ:

1.99

Omega Ratio

DTEC:

1.16

AIQ:

1.27

Calmar Ratio

DTEC:

0.56

AIQ:

2.04

Martin Ratio

DTEC:

4.44

AIQ:

7.78

Ulcer Index

DTEC:

3.28%

AIQ:

3.67%

Daily Std Dev

DTEC:

16.60%

AIQ:

19.34%

Max Drawdown

DTEC:

-42.00%

AIQ:

-44.66%

Current Drawdown

DTEC:

-11.58%

AIQ:

-3.25%

Returns By Period

In the year-to-date period, DTEC achieves a 11.71% return, which is significantly lower than AIQ's 26.03% return.


DTEC

YTD

11.71%

1M

3.32%

6M

12.80%

1Y

12.58%

5Y*

7.79%

10Y*

N/A

AIQ

YTD

26.03%

1M

2.78%

6M

10.60%

1Y

26.48%

5Y*

17.39%

10Y*

N/A

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DTEC vs. AIQ - Expense Ratio Comparison

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

Risk-Adjusted Performance

DTEC vs. AIQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS Disruptive Technologies ETF (DTEC) 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.


Sharpe ratio
The chart of Sharpe ratio for DTEC, currently valued at 0.88, compared to the broader market0.002.004.000.881.48
The chart of Sortino ratio for DTEC, currently valued at 1.26, compared to the broader market-2.000.002.004.006.008.0010.001.261.99
The chart of Omega ratio for DTEC, currently valued at 1.16, compared to the broader market0.501.001.502.002.503.001.161.27
The chart of Calmar ratio for DTEC, currently valued at 0.56, compared to the broader market0.005.0010.0015.000.562.04
The chart of Martin ratio for DTEC, currently valued at 4.44, compared to the broader market0.0020.0040.0060.0080.00100.004.447.78
DTEC
AIQ

The current DTEC Sharpe Ratio is 0.88, which is lower than the AIQ Sharpe Ratio of 1.48. The chart below compares the historical Sharpe Ratios of DTEC and AIQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.88
1.48
DTEC
AIQ

Dividends

DTEC vs. AIQ - Dividend Comparison

DTEC's dividend yield for the trailing twelve months is around 0.44%, more than AIQ's 0.16% yield.


TTM202320222021202020192018
DTEC
ALPS Disruptive Technologies ETF
0.44%0.27%0.02%0.26%0.37%0.43%0.33%
AIQ
Global X Artificial Intelligence & Technology ETF
0.16%0.16%0.56%0.15%0.50%0.51%0.51%

Drawdowns

DTEC vs. AIQ - Drawdown Comparison

The maximum DTEC drawdown since its inception was -42.00%, smaller than the maximum AIQ drawdown of -44.66%. Use the drawdown chart below to compare losses from any high point for DTEC and AIQ. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-11.58%
-3.25%
DTEC
AIQ

Volatility

DTEC vs. AIQ - Volatility Comparison

The current volatility for ALPS Disruptive Technologies ETF (DTEC) is 5.05%, while Global X Artificial Intelligence & Technology ETF (AIQ) has a volatility of 5.36%. This indicates that DTEC 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.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
5.05%
5.36%
DTEC
AIQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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