INAI.TO vs. AIGO.TO
Compare and contrast key facts about Invesco Morningstar Global Next Gen AI Index ETF (INAI.TO) and Global X Artificial Intelligence & Technology Index ETF (AIGO.TO).
INAI.TO and AIGO.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. INAI.TO is a passively managed fund by Invesco that tracks the performance of the Morningstar Global Next Gen AI Index. It was launched on Jan 18, 2024. AIGO.TO 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 14, 2024. Both INAI.TO and AIGO.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
INAI.TO vs. AIGO.TO - Performance Comparison
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INAI.TO vs. AIGO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
INAI.TO Invesco Morningstar Global Next Gen AI Index ETF | -9.34% | 30.39% | 24.26% |
AIGO.TO Global X Artificial Intelligence & Technology Index ETF | -6.80% | 24.69% | 19.81% |
Returns By Period
In the year-to-date period, INAI.TO achieves a -9.34% return, which is significantly lower than AIGO.TO's -6.80% return.
INAI.TO
- 1D
- 1.87%
- 1M
- -7.50%
- YTD
- -9.34%
- 6M
- -9.72%
- 1Y
- 33.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AIGO.TO
- 1D
- 4.48%
- 1M
- -5.20%
- YTD
- -6.80%
- 6M
- -5.06%
- 1Y
- 24.68%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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INAI.TO vs. AIGO.TO - Expense Ratio Comparison
Both INAI.TO and AIGO.TO have an expense ratio of 0.60%.
Return for Risk
INAI.TO vs. AIGO.TO — Risk / Return Rank
INAI.TO
AIGO.TO
INAI.TO vs. AIGO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Morningstar Global Next Gen AI Index ETF (INAI.TO) and Global X Artificial Intelligence & Technology Index ETF (AIGO.TO). 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.
| INAI.TO | AIGO.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.19 | 0.90 | +0.29 |
Sortino ratioReturn per unit of downside risk | 1.65 | 1.46 | +0.20 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.20 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.32 | 1.34 | -0.02 |
Martin ratioReturn relative to average drawdown | 3.80 | 3.88 | -0.08 |
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
| INAI.TO | AIGO.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.19 | 0.90 | +0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.11 | 0.82 | +0.30 |
Correlation
The correlation between INAI.TO and AIGO.TO is 0.67, 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.
Dividends
INAI.TO vs. AIGO.TO - Dividend Comparison
INAI.TO's dividend yield for the trailing twelve months is around 0.05%, less than AIGO.TO's 0.09% yield.
| TTM | 2025 | 2024 | |
|---|---|---|---|
INAI.TO Invesco Morningstar Global Next Gen AI Index ETF | 0.05% | 0.07% | 0.14% |
AIGO.TO Global X Artificial Intelligence & Technology Index ETF | 0.09% | 0.09% | 0.49% |
Drawdowns
INAI.TO vs. AIGO.TO - Drawdown Comparison
The maximum INAI.TO drawdown since its inception was -26.78%, roughly equal to the maximum AIGO.TO drawdown of -26.71%. Use the drawdown chart below to compare losses from any high point for INAI.TO and AIGO.TO.
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Drawdown Indicators
| INAI.TO | AIGO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.78% | -26.71% | -0.07% |
Max Drawdown (1Y)Largest decline over 1 year | -22.07% | -17.14% | -4.93% |
Current DrawdownCurrent decline from peak | -20.61% | -13.43% | -7.18% |
Average DrawdownAverage peak-to-trough decline | -5.23% | -4.77% | -0.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.65% | 5.90% | +1.75% |
Volatility
INAI.TO vs. AIGO.TO - Volatility Comparison
The current volatility for Invesco Morningstar Global Next Gen AI Index ETF (INAI.TO) is 8.38%, while Global X Artificial Intelligence & Technology Index ETF (AIGO.TO) has a volatility of 9.01%. This indicates that INAI.TO experiences smaller price fluctuations and is considered to be less risky than AIGO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| INAI.TO | AIGO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.38% | 9.01% | -0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 19.12% | 17.68% | +1.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.26% | 27.62% | +0.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.03% | 23.91% | +3.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.03% | 23.91% | +3.12% |