EQQQ.L vs. AIQ

Last updated Jun 14, 2026

EQQQ.L (Invesco EQQQ NASDAQ-100 UCITS ETF) and AIQ (Global X Artificial Intelligence & Technology ETF) are both exchange-traded funds - EQQQ.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while AIQ is a Technology Equities fund tracking the Indxx Artificial Intelligence & Big Data Index. Both are passively managed. Over the past 5 years, EQQQ.L returned 17.89%/yr vs 18.17%/yr for AIQ. A 0.62 correlation means they provide meaningful diversification when combined. EQQQ.L charges 0.30%/yr vs 0.68%/yr for AIQ.

Performance

EQQQ.L vs. AIQ - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) and Global X Artificial Intelligence & Technology ETF (AIQ). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

EQQQ.L is traded in GBp, while AIQ is traded in USD. To make them comparable, the AIQ values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, EQQQ.L achieves a 17.18% return, which is significantly lower than AIQ's 26.48% return.

EQQQ.L

• 1D: 2.53%
• 1M: 0.74%
• YTD: 17.18%
• 6M: 17.41%
• 1Y: 38.39%
• 3Y*: 23.63%
• 5Y*: 17.89%
• 10Y*: 22.24%

AIQ

• 1D: 0.17%
• 1M: 4.21%
• YTD: 26.48%
• 6M: 26.48%
• 1Y: 56.07%
• 3Y*: 29.48%
• 5Y*: 18.17%
• 10Y*: —

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

EQQQ.L vs. AIQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
EQQQ.L Invesco EQQQ NASDAQ-100 UCITS ETF	17.18%	11.54%	28.55%	47.79%	-25.54%	29.59%	43.32%	33.69%	-1.92%
AIQ Global X Artificial Intelligence & Technology ETF	26.48%	22.49%	26.28%	47.62%	-28.89%	18.20%	48.39%	34.62%	-8.94%

Correlation

The correlation between EQQQ.L and AIQ is 0.66, 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	0.66
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (All Time) Calculated using the full available price history since May 16, 2018	0.62

The correlation between EQQQ.L and AIQ has been stable across timeframes, ranging from 0.62 to 0.66 - a consistent structural relationship.

EQQQ.L vs. AIQ - Sectors Allocation Comparison

Sectors	EQQQ.L	AIQ
Technology	59.0%	77.4%
Communication Services	13.7%	11.0%
Consumer Cyclical	10.9%	7.2%
Consumer Defensive	6.8%	-
Healthcare	3.8%	0.4%
Industrials	2.9%	3.4%
Utilities	1.2%	-
Basic Materials	1.1%	-
Energy	0.5%	-
Financial Services	0.2%	0.5%
Real Estate	0.0%	-

Return for Risk

EQQQ.L vs. AIQ — Risk / Return Rank

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

EQQQ.L

EQQQ.L Risk / Return Rank: 79
EQQQ.L Sharpe Ratio Rank: 87
EQQQ.L Sortino Ratio Rank: 84
EQQQ.L Omega Ratio Rank: 84
EQQQ.L Calmar Ratio Rank: 76
EQQQ.L Martin Ratio Rank: 63

AIQ

AIQ Risk / Return Rank: 69
AIQ Sharpe Ratio Rank: 74
AIQ Sortino Ratio Rank: 65
AIQ Omega Ratio Rank: 69
AIQ Calmar Ratio Rank: 72
AIQ Martin Ratio Rank: 66

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.

EQQQ.L vs. AIQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) 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.

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.

	EQQQ.L	AIQ	Difference
Sharpe ratio: Return per unit of total volatility	2.45	2.30	+0.14
Sortino ratio: Return per unit of downside risk	3.23	2.81	+0.43
Omega ratio: Gain probability vs. loss probability	1.43	1.39	+0.04
Calmar ratio: Return relative to maximum drawdown	3.41	3.29	+0.11
Martin ratio: Return relative to average drawdown	9.90	9.29	+0.61

EQQQ.L vs. AIQ - Sharpe Ratio Comparison

The current EQQQ.L Sharpe Ratio is 2.45, which is comparable to the AIQ Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of EQQQ.L and AIQ, 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

EQQQ.L vs. AIQ - Drawdown Comparison

The maximum EQQQ.L drawdown since its inception was -65.36%, which is greater than AIQ's maximum drawdown of -34.33%. Use the drawdown chart below to compare losses from any high point for EQQQ.L and AIQ.

Drawdown Indicators

	EQQQ.L	AIQ	Difference
Max Drawdown Largest peak-to-trough decline	-65.36%	-34.33%	-31.03%
Max Drawdown (1Y) Largest decline over 1 year	-10.97%	-16.60%	+5.63%
Max Drawdown (3Y) Largest decline over 3 years	-24.09%	-27.26%	+3.17%
Max Drawdown (5Y) Largest decline over 5 years	-27.76%	-34.33%	+6.57%
Max Drawdown (10Y) Largest decline over 10 years	-27.76%	—	—
Current Drawdown Current decline from peak	-2.85%	-8.33%	+5.48%
Average Drawdown Average peak-to-trough decline	-12.50%	-8.46%	-4.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.79%	5.88%	-2.09%

Volatility

EQQQ.L vs. AIQ - Volatility Comparison

The current volatility for Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) is 5.78%, while Global X Artificial Intelligence & Technology ETF (AIQ) has a volatility of 12.28%. This indicates that EQQQ.L 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.

Volatility by Period

	EQQQ.L	AIQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.78%	12.28%	-6.50%
Volatility (6M) Calculated over the trailing 6-month period	11.18%	19.70%	-8.52%
Volatility (1Y) Calculated over the trailing 1-year period	15.31%	23.75%	-8.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.23%	23.89%	-4.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.39%	24.62%	-5.23%

EQQQ.L vs. AIQ - Expense Ratio Comparison

EQQQ.L has a 0.30% expense ratio, which is lower than AIQ's 0.68% expense ratio.

Dividends

EQQQ.L vs. AIQ - Dividend Comparison

EQQQ.L's dividend yield for the trailing twelve months is around 0.23%, more than AIQ's 0.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AIQ Global X Artificial Intelligence & Technology ETF	0.15%	0.18%	0.14%	0.16%	0.56%	0.15%	0.50%	0.51%	0.51%	0.00%	0.00%	0.00%
EQQQ.L Invesco EQQQ NASDAQ-100 UCITS ETF	0.23%	0.29%	0.38%	0.39%	0.56%	0.25%	0.41%	0.56%	0.63%	0.67%	0.77%	0.72%

Frequently Asked Questions

Can I hold both EQQQ.L and AIQ in my portfolio?

EQQQ.L and AIQ have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EQQQ.L or AIQ?

On fees, EQQQ.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EQQQ.L or AIQ?

EQQQ.L is cheaper with a 0.30% expense ratio, compared with 0.68% for AIQ.

What is the main difference between EQQQ.L and AIQ?

EQQQ.L is categorized as Nasdaq-100, while AIQ is Technology Equities. EQQQ.L tracks NASDAQ-100 Index, while AIQ tracks Indxx Artificial Intelligence & Big Data Index. They also come from different issuers: Invesco and Global X. Their fees differ too: 0.30% for EQQQ.L and 0.68% for AIQ.