GGTL vs. AIPO

Last updated Jun 21, 2026

GGTL (Gabelli Global Technology Leaders ETF) and AIPO (Defiance AI & Power Infrastructure ETF) are both exchange-traded funds - GGTL is a Technology Equities fund actively managed by Gabelli, while AIPO is a Building & Construction fund tracking the MarketVector™ US Listed AI and Power Infrastructure Index. GGTL is actively managed, while AIPO is passively managed. A 0.70 correlation means they provide meaningful diversification when combined. GGTL charges 0.90%/yr vs 0.69%/yr for AIPO.

Performance

GGTL vs. AIPO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gabelli Global Technology Leaders ETF (GGTL) and Defiance AI & Power Infrastructure ETF (AIPO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GGTL achieves a 28.39% return, which is significantly lower than AIPO's 53.71% return.

GGTL

• 1D: 3.11%
• 1M: 9.20%
• YTD: 28.39%
• 6M: 29.22%
• 1Y: 47.47%
• 3Y*: 22.42%
• 5Y*: —
• 10Y*: —

AIPO

• 1D: 3.91%
• 1M: 5.95%
• YTD: 53.71%
• 6M: 52.28%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GGTL vs. AIPO - Yearly Performance Comparison

	2026 (YTD)	2025
GGTL Gabelli Global Technology Leaders ETF	28.39%	5.46%
AIPO Defiance AI & Power Infrastructure ETF	53.71%	9.46%

Correlation

The correlation between GGTL and AIPO is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 25, 2025	0.70

GGTL vs. AIPO - Sectors Allocation Comparison

Sectors	GGTL	AIPO
Technology	55.5%	18.9%
Communication Services	2.9%	0.8%
Consumer Cyclical	0.9%	-
Industrials	0.1%	46.4%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	6.1%
Financial Services	-	5.3%
Healthcare	-	-
Real Estate	-	1.0%
Utilities	-	21.2%

Return for Risk

GGTL vs. AIPO — Risk / Return Rank

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

GGTL

GGTL Risk / Return Rank: 82
GGTL Sharpe Ratio Rank: 81
GGTL Sortino Ratio Rank: 77
GGTL Omega Ratio Rank: 80
GGTL Calmar Ratio Rank: 89
GGTL Martin Ratio Rank: 86

AIPO

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.

GGTL vs. AIPO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gabelli Global Technology Leaders ETF (GGTL) and Defiance AI & Power Infrastructure ETF (AIPO). 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.

	GGTL	AIPO	Difference
Sharpe ratio: Return per unit of total volatility	2.48	—	—
Sortino ratio: Return per unit of downside risk	3.27	—	—
Omega ratio: Gain probability vs. loss probability	1.45	—	—
Calmar ratio: Return relative to maximum drawdown	5.08	—	—
Martin ratio: Return relative to average drawdown	17.43	—	—

Drawdowns

GGTL vs. AIPO - Drawdown Comparison

The maximum GGTL drawdown since its inception was -23.65%, which is greater than AIPO's maximum drawdown of -17.31%. Use the drawdown chart below to compare losses from any high point for GGTL and AIPO.

Drawdown Indicators

	GGTL	AIPO	Difference
Max Drawdown Largest peak-to-trough decline	-23.65%	-17.31%	-6.34%
Max Drawdown (1Y) Largest decline over 1 year	-9.20%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.46%	—	—
Current Drawdown Current decline from peak	-0.46%	-0.03%	-0.43%
Average Drawdown Average peak-to-trough decline	-7.41%	-4.46%	-2.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.68%	—	—

Volatility

Volatility by Period

	GGTL	AIPO	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.99%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.14%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.85%	35.28%	-16.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.06%	35.28%	-17.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.06%	35.28%	-17.22%

GGTL vs. AIPO - Expense Ratio Comparison

GGTL has a 0.90% expense ratio, which is higher than AIPO's 0.69% expense ratio.

Dividends

GGTL vs. AIPO - Dividend Comparison

GGTL's dividend yield for the trailing twelve months is around 0.81%, more than AIPO's 0.01% yield.

Position	TTM	2025	2024	2023	2022
AIPO Defiance AI & Power Infrastructure ETF	0.01%	0.01%	0.00%	0.00%	0.00%
GGTL Gabelli Global Technology Leaders ETF	0.81%	1.04%	0.75%	0.84%	0.78%

Frequently Asked Questions

Can I hold both GGTL and AIPO in my portfolio?

GGTL and AIPO have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GGTL or AIPO?

On fees, AIPO is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GGTL or AIPO?

AIPO is cheaper with a 0.69% expense ratio, compared with 0.90% for GGTL.

Which ETF pays a higher dividend yield, GGTL or AIPO?

GGTL has the higher dividend yield at 0.81%, compared with 0.01% for AIPO.

What is the main difference between GGTL and AIPO?

GGTL is categorized as Technology Equities, while AIPO is Building & Construction. They also come from different issuers: Gabelli and Defiance. Their fees differ too: 0.90% for GGTL and 0.69% for AIPO.