PEGA vs. AIQ
Compare and contrast key facts about Pegasystems Inc. (PEGA) and Global X Artificial Intelligence & Technology ETF (AIQ).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PEGA or AIQ.
Correlation
The correlation between PEGA and AIQ is 0.66, 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
PEGA vs. AIQ - Performance Comparison
Key characteristics
PEGA:
1.72
AIQ:
1.33
PEGA:
3.42
AIQ:
1.82
PEGA:
1.40
AIQ:
1.24
PEGA:
1.26
AIQ:
1.84
PEGA:
10.45
AIQ:
7.04
PEGA:
8.33%
AIQ:
3.66%
PEGA:
50.74%
AIQ:
19.39%
PEGA:
-94.81%
AIQ:
-44.66%
PEGA:
-35.34%
AIQ:
-3.94%
Returns By Period
In the year-to-date period, PEGA achieves a 92.92% return, which is significantly higher than AIQ's 25.13% return.
PEGA
92.92%
9.63%
63.63%
92.01%
4.05%
16.48%
AIQ
25.13%
2.15%
9.38%
27.63%
17.24%
N/A
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Risk-Adjusted Performance
PEGA vs. AIQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pegasystems Inc. (PEGA) 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
PEGA vs. AIQ - Dividend Comparison
PEGA's dividend yield for the trailing twelve months is around 0.13%, less than AIQ's 0.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PEGA Pegasystems Inc. | 0.13% | 0.25% | 0.35% | 0.11% | 0.09% | 0.15% | 0.25% | 0.25% | 0.33% | 0.44% | 0.51% | 0.37% |
AIQ Global X Artificial Intelligence & Technology ETF | 0.16% | 0.16% | 0.56% | 0.15% | 0.50% | 0.51% | 0.51% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PEGA vs. AIQ - Drawdown Comparison
The maximum PEGA drawdown since its inception was -94.81%, which is greater than AIQ's maximum drawdown of -44.66%. Use the drawdown chart below to compare losses from any high point for PEGA and AIQ. For additional features, visit the drawdowns tool.
Volatility
PEGA vs. AIQ - Volatility Comparison
Pegasystems Inc. (PEGA) has a higher volatility of 9.57% compared to Global X Artificial Intelligence & Technology ETF (AIQ) at 5.32%. This indicates that PEGA'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.