HEWU vs. AIQ
Compare and contrast key facts about iShares Currency Hedged MSCI United Kingdom ETF (HEWU) and Global X Artificial Intelligence & Technology ETF (AIQ).
HEWU and AIQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HEWU is a passively managed fund by iShares that tracks the performance of the MSCI United Kingdom 100% Hedged to USD Index. It was launched on Jun 29, 2015. 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 HEWU 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: HEWU or AIQ.
Correlation
The correlation between HEWU and AIQ is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
HEWU vs. AIQ - Performance Comparison
Key characteristics
Returns By Period
HEWU
N/A
N/A
N/A
N/A
N/A
N/A
AIQ
0.85%
-3.92%
9.13%
27.29%
15.92%
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.
HEWU vs. AIQ - Expense Ratio Comparison
HEWU has a 0.50% expense ratio, which is lower than AIQ's 0.68% expense ratio.
Risk-Adjusted Performance
HEWU vs. AIQ — Risk-Adjusted Performance Rank
HEWU
AIQ
HEWU vs. AIQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Currency Hedged MSCI United Kingdom ETF (HEWU) 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
HEWU vs. AIQ - Dividend Comparison
HEWU has not paid dividends to shareholders, while AIQ's dividend yield for the trailing twelve months is around 0.14%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
HEWU iShares Currency Hedged MSCI United Kingdom ETF | 0.00% | 0.00% | 2.41% | 1.57% | 4.33% | 2.81% | 4.24% | 2.36% | 0.28% | 17.38% | 2.92% |
AIQ Global X Artificial Intelligence & Technology ETF | 0.14% | 0.14% | 0.16% | 0.56% | 0.15% | 0.50% | 0.51% | 0.51% | 0.00% | 0.00% | 0.00% |
Drawdowns
HEWU vs. AIQ - Drawdown Comparison
Volatility
HEWU vs. AIQ - Volatility Comparison
The current volatility for iShares Currency Hedged MSCI United Kingdom ETF (HEWU) is 0.00%, while Global X Artificial Intelligence & Technology ETF (AIQ) has a volatility of 6.25%. This indicates that HEWU 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.