GXTG vs. AIQ
Compare and contrast key facts about Global X Thematic Growth ETF (GXTG) and Global X Artificial Intelligence & Technology ETF (AIQ).
GXTG and AIQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GXTG is a passively managed fund by Global X that tracks the performance of the Solactive Thematic Growth Index. It was launched on Oct 25, 2019. 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. Both GXTG and AIQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GXTG or AIQ.
Correlation
The correlation between GXTG and AIQ is 0.77, 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
GXTG vs. AIQ - Performance Comparison
Key characteristics
GXTG:
0.51
AIQ:
1.55
GXTG:
0.82
AIQ:
2.09
GXTG:
1.10
AIQ:
1.28
GXTG:
0.16
AIQ:
2.17
GXTG:
2.08
AIQ:
8.07
GXTG:
5.12%
AIQ:
3.76%
GXTG:
21.10%
AIQ:
19.54%
GXTG:
-66.87%
AIQ:
-44.66%
GXTG:
-59.03%
AIQ:
0.00%
Returns By Period
In the year-to-date period, GXTG achieves a 7.29% return, which is significantly lower than AIQ's 10.69% return.
GXTG
7.29%
4.57%
9.43%
8.45%
-1.92%
N/A
AIQ
10.69%
8.39%
20.75%
31.35%
17.16%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GXTG vs. AIQ - Expense Ratio Comparison
GXTG has a 0.50% expense ratio, which is lower than AIQ's 0.68% expense ratio.
Risk-Adjusted Performance
GXTG vs. AIQ — Risk-Adjusted Performance Rank
GXTG
AIQ
GXTG vs. AIQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Thematic Growth ETF (GXTG) 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
GXTG vs. AIQ - Dividend Comparison
GXTG's dividend yield for the trailing twelve months is around 1.00%, more than AIQ's 0.12% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
GXTG Global X Thematic Growth ETF | 1.00% | 1.08% | 1.99% | 1.48% | 1.57% | 0.48% | 0.31% | 0.00% |
AIQ Global X Artificial Intelligence & Technology ETF | 0.12% | 0.14% | 0.16% | 0.56% | 0.15% | 0.50% | 0.51% | 0.51% |
Drawdowns
GXTG vs. AIQ - Drawdown Comparison
The maximum GXTG drawdown since its inception was -66.87%, which is greater than AIQ's maximum drawdown of -44.66%. Use the drawdown chart below to compare losses from any high point for GXTG and AIQ. For additional features, visit the drawdowns tool.
Volatility
GXTG vs. AIQ - Volatility Comparison
The current volatility for Global X Thematic Growth ETF (GXTG) is 3.78%, while Global X Artificial Intelligence & Technology ETF (AIQ) has a volatility of 5.50%. This indicates that GXTG 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.