PKB vs. AIQ
Compare and contrast key facts about Invesco Dynamic Building & Construction ETF (PKB) and Global X Artificial Intelligence & Technology ETF (AIQ).
PKB and AIQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PKB is a passively managed fund by Invesco that tracks the performance of the Dynamic Building & Construction Intellidex Index. It was launched on Oct 26, 2005. 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 PKB 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: PKB or AIQ.
Correlation
The correlation between PKB and AIQ is 0.61, 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
PKB vs. AIQ - Performance Comparison
Key characteristics
PKB:
-0.23
AIQ:
0.39
PKB:
-0.15
AIQ:
0.65
PKB:
0.98
AIQ:
1.08
PKB:
-0.24
AIQ:
0.56
PKB:
-0.58
AIQ:
1.59
PKB:
10.05%
AIQ:
5.31%
PKB:
25.45%
AIQ:
21.35%
PKB:
-65.21%
AIQ:
-44.66%
PKB:
-21.38%
AIQ:
-13.51%
Returns By Period
In the year-to-date period, PKB achieves a -8.28% return, which is significantly lower than AIQ's -4.27% return.
PKB
-8.28%
-1.16%
-11.74%
-3.72%
29.59%
11.77%
AIQ
-4.27%
-3.32%
-0.24%
9.05%
20.36%
N/A
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PKB vs. AIQ - Expense Ratio Comparison
PKB has a 0.60% expense ratio, which is lower than AIQ's 0.68% expense ratio.
Risk-Adjusted Performance
PKB vs. AIQ — Risk-Adjusted Performance Rank
PKB
AIQ
PKB vs. AIQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Building & Construction ETF (PKB) 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
PKB vs. AIQ - Dividend Comparison
PKB's dividend yield for the trailing twelve months is around 0.22%, more than AIQ's 0.14% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PKB Invesco Dynamic Building & Construction ETF | 0.22% | 0.23% | 0.33% | 0.43% | 0.25% | 0.30% | 0.37% | 0.54% | 0.17% | 0.31% | 0.11% | 0.10% |
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% | 0.00% |
Drawdowns
PKB vs. AIQ - Drawdown Comparison
The maximum PKB drawdown since its inception was -65.21%, which is greater than AIQ's maximum drawdown of -44.66%. Use the drawdown chart below to compare losses from any high point for PKB and AIQ. For additional features, visit the drawdowns tool.
Volatility
PKB vs. AIQ - Volatility Comparison
The current volatility for Invesco Dynamic Building & Construction ETF (PKB) is 8.49%, while Global X Artificial Intelligence & Technology ETF (AIQ) has a volatility of 9.34%. This indicates that PKB 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.