IBIT vs. AIQ
IBIT (iShares Bitcoin Trust ETF) and AIQ (Global X Artificial Intelligence & Technology ETF) are both exchange-traded funds - IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant, while AIQ is a Technology Equities fund tracking the Indxx Artificial Intelligence & Big Data Index. Both are passively managed. Over the past year, IBIT returned -39.44% vs 55.14% for AIQ. At a 0.43 correlation, their price movements are largely independent. IBIT charges 0.25%/yr vs 0.68%/yr for AIQ.
Performance
IBIT vs. AIQ - Performance Comparison
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Returns By Period
In the year-to-date period, IBIT achieves a -27.71% return, which is significantly lower than AIQ's 26.70% return.
IBIT
- 1D
- 5.13%
- 1M
- -21.03%
- YTD
- -27.71%
- 6M
- -30.34%
- 1Y
- -39.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AIQ
- 1D
- 3.07%
- 1M
- 3.42%
- YTD
- 26.70%
- 6M
- 25.19%
- 1Y
- 55.14%
- 3Y*
- 33.87%
- 5Y*
- 17.37%
- 10Y*
- —
IBIT vs. AIQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | -27.71% | -6.41% | 89.87% |
AIQ Global X Artificial Intelligence & Technology ETF | 26.70% | 31.89% | 26.30% |
Correlation
The correlation between IBIT and AIQ is 0.52, 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 | 0.52 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.43 |
The correlation between IBIT and AIQ has been stable across timeframes, ranging from 0.43 to 0.52 - a consistent structural relationship.
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Return for Risk
IBIT vs. AIQ — Risk / Return Rank
IBIT
AIQ
IBIT vs. AIQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Bitcoin Trust ETF (IBIT) 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.
| IBIT | AIQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.14 | ||
| Sortino ratioReturn per unit of downside risk | -3.99 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.38 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.76 | 3.36 | -4.12 |
| Martin ratioReturn relative to average drawdown | -1.36 | 11.43 | -12.80 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IBIT | AIQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.90 | 2.24 | -3.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.68 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.79 | -0.53 |
Drawdowns
IBIT vs. AIQ - Drawdown Comparison
The maximum IBIT drawdown since its inception was -52.11%, which is greater than AIQ's maximum drawdown of -44.66%. Use the drawdown chart below to compare losses from any high point for IBIT and AIQ.
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Drawdown Indicators
| IBIT | AIQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.11% | -44.66% | -7.45% |
Max Drawdown (1Y)Largest decline over 1 year | -52.11% | -16.47% | -35.64% |
Max Drawdown (3Y)Largest decline over 3 years | — | -26.35% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -44.66% | — |
Current DrawdownCurrent decline from peak | -49.66% | -8.13% | -41.53% |
Average DrawdownAverage peak-to-trough decline | -16.19% | -9.79% | -6.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.97% | 4.84% | +24.13% |
Volatility
IBIT vs. AIQ - Volatility Comparison
The current volatility for iShares Bitcoin Trust ETF (IBIT) is 11.85%, while Global X Artificial Intelligence & Technology ETF (AIQ) has a volatility of 12.72%. This indicates that IBIT 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.
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Volatility by Period
| IBIT | AIQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.85% | 12.72% | -0.87% |
Volatility (6M)Calculated over the trailing 6-month period | 34.60% | 20.70% | +13.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.28% | 24.76% | +19.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.32% | 25.63% | +24.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.32% | 25.67% | +24.65% |
IBIT vs. AIQ - Expense Ratio Comparison
IBIT has a 0.25% expense ratio, which is lower than AIQ's 0.68% expense ratio.
Dividends
IBIT vs. AIQ - Dividend Comparison
IBIT has not paid dividends to shareholders, while AIQ's dividend yield for the trailing twelve months is around 0.15%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
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% |
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IBIT and AIQ have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AIQ has higher volatility (12.72%) compared to IBIT (11.85%). In terms of maximum drawdown, IBIT dropped -52.11% vs AIQ's -44.66%.
On 1-year performance, AIQ leads with 55.14% vs -39.44% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, IBIT has been the lower-risk option at 11.85%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, AIQ has performed better with a 55.14% return vs -39.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBIT is cheaper with a 0.25% expense ratio, compared with 0.68% for AIQ.
AIQ has the higher dividend yield at 0.15%, compared with 0.00% for IBIT.
IBIT is categorized as Cryptocurrency, while AIQ is Technology Equities. IBIT tracks CME CF Bitcoin Reference Rate - New York Variant, while AIQ tracks Indxx Artificial Intelligence & Big Data Index. They also come from different issuers: iShares and Global X. Their fees differ too: 0.25% for IBIT and 0.68% for AIQ.
AIQ currently has the higher Sharpe Ratio (2.24 vs -0.90), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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