IHAK vs. AIQ

Last updated Jun 5, 2026

IHAK (iShares Cybersecurity & Tech ETF) and AIQ (Global X Artificial Intelligence & Technology ETF) are both Technology Equities funds - IHAK tracks the NYSE FactSet Global Cyber Security Index while AIQ tracks the Indxx Artificial Intelligence & Big Data Index. Both are passively managed. Over the past 5 years, IHAK returned 7.79%/yr vs 18.69%/yr for AIQ. A 0.77 correlation means they provide meaningful diversification when combined. IHAK charges 0.47%/yr vs 0.68%/yr for AIQ.

Performance

IHAK vs. AIQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Cybersecurity & Tech ETF (IHAK) and Global X Artificial Intelligence & Technology ETF (AIQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IHAK achieves a 22.96% return, which is significantly lower than AIQ's 33.84% return.

IHAK

• 1D: -0.22%
• 1M: 19.29%
• YTD: 22.96%
• 6M: 19.22%
• 1Y: 14.94%
• 3Y*: 17.49%
• 5Y*: 7.79%
• 10Y*: —

AIQ

• 1D: -1.58%
• 1M: 16.50%
• YTD: 33.84%
• 6M: 33.72%
• 1Y: 64.95%
• 3Y*: 36.88%
• 5Y*: 18.69%
• 10Y*: —

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

IHAK vs. AIQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
IHAK iShares Cybersecurity & Tech ETF	22.96%	-1.29%	7.60%	37.77%	-25.81%	11.13%	51.22%	6.66%
AIQ Global X Artificial Intelligence & Technology ETF	33.84%	31.89%	24.11%	55.39%	-36.44%	17.09%	52.88%	13.74%

Correlation

The correlation between IHAK and AIQ is 0.58, 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	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.69
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (All Time) Calculated using the full available price history since Jun 14, 2019	0.77

The correlation between IHAK and AIQ shifts across timeframes, from 0.58 (1 year) to 0.77 (all time), reflecting how their relationship changes across market environments.

IHAK vs. AIQ - Sectors Allocation Comparison

Sectors	IHAK	AIQ
Technology	95.8%	73.3%
Industrials	3.3%	4.2%
Communication Services	0.4%	13.2%
Basic Materials	-	-
Consumer Cyclical	-	8.5%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	0.4%
Healthcare	-	0.4%
Real Estate	-	-
Utilities	-	-

Return for Risk

IHAK vs. AIQ — Risk / Return Rank

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

IHAK

IHAK Risk / Return Rank: 19
IHAK Sharpe Ratio Rank: 20
IHAK Sortino Ratio Rank: 20
IHAK Omega Ratio Rank: 20
IHAK Calmar Ratio Rank: 17
IHAK Martin Ratio Rank: 16

AIQ

AIQ Risk / Return Rank: 79
AIQ Sharpe Ratio Rank: 86
AIQ Sortino Ratio Rank: 79
AIQ Omega Ratio Rank: 78
AIQ Calmar Ratio Rank: 79
AIQ Martin Ratio Rank: 74

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.

IHAK vs. AIQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Cybersecurity & Tech ETF (IHAK) 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.

	IHAK	AIQ	Difference
Sharpe ratio: Return per unit of total volatility	0.62	2.83	-2.20
Sortino ratio: Return per unit of downside risk	0.98	3.52	-2.54
Omega ratio: Gain probability vs. loss probability	1.13	1.46	-0.33
Calmar ratio: Return relative to maximum drawdown	0.64	3.96	-3.32
Martin ratio: Return relative to average drawdown	1.50	13.69	-12.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IHAK vs. AIQ - Sharpe Ratio Comparison

The current IHAK Sharpe Ratio is 0.62, which is lower than the AIQ Sharpe Ratio of 2.83. The chart below compares the historical Sharpe Ratios of IHAK and AIQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IHAK	AIQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.62	2.83	-2.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	0.74	-0.41
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.83	-0.28

Drawdowns

IHAK vs. AIQ - Drawdown Comparison

The maximum IHAK drawdown since its inception was -34.42%, smaller than the maximum AIQ drawdown of -44.66%. Use the drawdown chart below to compare losses from any high point for IHAK and AIQ.

Drawdown Indicators

	IHAK	AIQ	Difference
Max Drawdown Largest peak-to-trough decline	-34.42%	-44.66%	+10.24%
Max Drawdown (1Y) Largest decline over 1 year	-23.48%	-16.47%	-7.01%
Max Drawdown (3Y) Largest decline over 3 years	-23.48%	-26.35%	+2.87%
Max Drawdown (5Y) Largest decline over 5 years	-34.42%	-44.66%	+10.24%
Current Drawdown Current decline from peak	-3.03%	-2.95%	-0.08%
Average Drawdown Average peak-to-trough decline	-10.76%	-9.79%	-0.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.98%	4.76%	+5.22%

Volatility

IHAK vs. AIQ - Volatility Comparison

iShares Cybersecurity & Tech ETF (IHAK) has a higher volatility of 9.43% compared to Global X Artificial Intelligence & Technology ETF (AIQ) at 8.82%. This indicates that IHAK's price experiences larger fluctuations and is considered to be riskier than AIQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IHAK	AIQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.43%	8.82%	+0.61%
Volatility (6M) Calculated over the trailing 6-month period	19.92%	18.55%	+1.37%
Volatility (1Y) Calculated over the trailing 1-year period	24.03%	23.11%	+0.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.57%	25.34%	-1.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.41%	25.50%	-1.09%

IHAK vs. AIQ - Expense Ratio Comparison

IHAK has a 0.47% expense ratio, which is lower than AIQ's 0.68% expense ratio.

Dividends

IHAK vs. AIQ - Dividend Comparison

IHAK's dividend yield for the trailing twelve months is around 0.07%, less than AIQ's 0.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AIQ Global X Artificial Intelligence & Technology ETF	0.14%	0.18%	0.14%	0.16%	0.56%	0.15%	0.50%	0.51%	0.51%
IHAK iShares Cybersecurity & Tech ETF	0.07%	0.08%	0.20%	0.13%	0.25%	0.50%	0.40%	0.50%	0.00%

Frequently Asked Questions

Can I hold both IHAK and AIQ in my portfolio?

IHAK and AIQ have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IHAK or AIQ?

IHAK has higher volatility (9.43%) compared to AIQ (8.82%). In terms of maximum drawdown, IHAK dropped -34.42% vs AIQ's -44.66%.

Which ETF is better, IHAK or AIQ?

On 5-year performance, AIQ leads with 18.69% vs 7.79% for IHAK. On fees, IHAK is cheaper at 0.47% per year. On volatility, AIQ has been the lower-risk option at 8.82%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IHAK or AIQ?

Over the 5-year period, AIQ has performed better with a 18.69% return vs 7.79%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IHAK or AIQ?

IHAK is cheaper with a 0.47% expense ratio, compared with 0.68% for AIQ.

Which ETF pays a higher dividend yield, IHAK or AIQ?

AIQ has the higher dividend yield at 0.14%, compared with 0.07% for IHAK.

What is the main difference between IHAK and AIQ?

IHAK tracks NYSE FactSet Global Cyber Security Index, while AIQ tracks Indxx Artificial Intelligence & Big Data Index. They also come from different issuers: iShares and Global X. Their fees differ too: 0.47% for IHAK and 0.68% for AIQ.

Which has better risk-adjusted returns?

AIQ currently has the higher Sharpe Ratio (2.83 vs 0.62), 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.