FHQ.TO vs. AIGO.TO

Last updated Jul 17, 2026

FHQ.TO (First Trust AlphaDEX U.S. Technology Sector Index ETF) and AIGO.TO (Global X Artificial Intelligence & Technology Index ETF) are both Technology Equities funds - FHQ.TO tracks the StrataQuant Technology Index while AIGO.TO tracks the Indxx Artificial Intelligence & Big Data Index. Both are passively managed. At a correlation of -0.71, they often move in opposite directions.

Performance

FHQ.TO vs. AIGO.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in First Trust AlphaDEX U.S. Technology Sector Index ETF (FHQ.TO) and Global X Artificial Intelligence & Technology Index ETF (AIGO.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FHQ.TO

• 1D: -3.81%
• 1M: -6.71%
• 6M: 13.97%
• YTD: 19.45%
• 1Y: 29.55%
• 3Y*: 20.33%
• 5Y*: 12.28%
• 10Y*: 18.81%

AIGO.TO

• 1D: -0.69%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FHQ.TO vs. AIGO.TO - Yearly Performance Comparison

	2026 (YTD)
FHQ.TO First Trust AlphaDEX U.S. Technology Sector Index ETF	-3.92%
AIGO.TO Global X Artificial Intelligence & Technology Index ETF	-0.69%

Correlation

The correlation between FHQ.TO and AIGO.TO is -0.71, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 10, 2026	-0.71

Return for Risk

FHQ.TO vs. AIGO.TO — Risk / Return Rank

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

FHQ.TO

FHQ.TO Risk / Return Rank: 43
FHQ.TO Sharpe Ratio Rank: 39
FHQ.TO Sortino Ratio Rank: 39
FHQ.TO Omega Ratio Rank: 41
FHQ.TO Calmar Ratio Rank: 51
FHQ.TO Martin Ratio Rank: 44

AIGO.TO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

FHQ.TO vs. AIGO.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust AlphaDEX U.S. Technology Sector Index ETF (FHQ.TO) and Global X Artificial Intelligence & Technology Index ETF (AIGO.TO). 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.

	FHQ.TO	AIGO.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.16	—	—
Sortino ratio: Return per unit of downside risk	1.67	—	—
Omega ratio: Gain probability vs. loss probability	1.22	—	—
Calmar ratio: Return relative to maximum drawdown	2.10	—	—
Martin ratio: Return relative to average drawdown	5.72	—	—

Drawdowns

FHQ.TO vs. AIGO.TO - Drawdown Comparison

The maximum FHQ.TO drawdown since its inception was -32.05%, which is greater than AIGO.TO's maximum drawdown of -0.69%. Use the drawdown chart below to compare losses from any high point for FHQ.TO and AIGO.TO.

Drawdown Indicators

	FHQ.TO	AIGO.TO	Difference
Max Drawdown Largest peak-to-trough decline	-32.05%	-0.69%	-31.36%
Max Drawdown (1Y) Largest decline over 1 year	-14.13%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-27.64%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-32.05%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-32.05%	—	—
Current Drawdown Current decline from peak	-10.26%	-0.69%	-9.57%
Average Drawdown Average peak-to-trough decline	-7.63%	-0.69%	-6.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.17%	—	—

Volatility

Volatility by Period

	FHQ.TO	AIGO.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.12%	—	—
Volatility (6M) Calculated over the trailing 6-month period	21.33%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	25.54%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.69%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.40%	—	—

Dividends

FHQ.TO vs. AIGO.TO - Dividend Comparison

Neither FHQ.TO nor AIGO.TO has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AIGO.TO Global X Artificial Intelligence & Technology Index ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FHQ.TO First Trust AlphaDEX U.S. Technology Sector Index ETF	0.00%	0.00%	0.02%	0.00%	0.00%	1.18%	0.43%	0.50%	0.80%	0.83%	1.20%	0.43%

Frequently Asked Questions

Can I hold both FHQ.TO and AIGO.TO in my portfolio?

FHQ.TO and AIGO.TO have a correlation of -0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between FHQ.TO and AIGO.TO?

FHQ.TO tracks StrataQuant Technology Index, while AIGO.TO tracks Indxx Artificial Intelligence & Big Data Index. They also come from different issuers: First Trust and Global X.