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PKB vs. AIQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.6

Performance

PKB vs. AIQ - Performance Comparison

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

120.00%140.00%160.00%180.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
160.89%
168.08%
PKB
AIQ

Key characteristics

Sharpe Ratio

PKB:

1.04

AIQ:

1.48

Sortino Ratio

PKB:

1.53

AIQ:

1.99

Omega Ratio

PKB:

1.19

AIQ:

1.27

Calmar Ratio

PKB:

1.81

AIQ:

2.04

Martin Ratio

PKB:

4.82

AIQ:

7.78

Ulcer Index

PKB:

5.08%

AIQ:

3.67%

Daily Std Dev

PKB:

23.65%

AIQ:

19.34%

Max Drawdown

PKB:

-65.21%

AIQ:

-44.66%

Current Drawdown

PKB:

-12.70%

AIQ:

-3.25%

Returns By Period

In the year-to-date period, PKB achieves a 22.47% return, which is significantly lower than AIQ's 26.03% return.


PKB

YTD

22.47%

1M

-7.81%

6M

12.40%

1Y

23.54%

5Y*

18.51%

10Y*

13.95%

AIQ

YTD

26.03%

1M

2.78%

6M

10.60%

1Y

26.48%

5Y*

17.39%

10Y*

N/A

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Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PKB vs. AIQ - Expense Ratio Comparison

PKB has a 0.60% expense ratio, which is lower than AIQ's 0.68% expense ratio.


AIQ
Global X Artificial Intelligence & Technology ETF
Expense ratio chart for AIQ: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%
Expense ratio chart for PKB: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%

Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for PKB, currently valued at 1.04, compared to the broader market0.002.004.001.041.48
The chart of Sortino ratio for PKB, currently valued at 1.53, compared to the broader market-2.000.002.004.006.008.0010.001.531.99
The chart of Omega ratio for PKB, currently valued at 1.19, compared to the broader market0.501.001.502.002.503.001.191.27
The chart of Calmar ratio for PKB, currently valued at 1.81, compared to the broader market0.005.0010.0015.001.812.04
The chart of Martin ratio for PKB, currently valued at 4.82, compared to the broader market0.0020.0040.0060.0080.00100.004.827.78
PKB
AIQ

The current PKB Sharpe Ratio is 1.04, which is comparable to the AIQ Sharpe Ratio of 1.48. The chart below compares the historical Sharpe Ratios of PKB and AIQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.04
1.48
PKB
AIQ

Dividends

PKB vs. AIQ - Dividend Comparison

PKB's dividend yield for the trailing twelve months is around 0.19%, more than AIQ's 0.16% yield.


TTM2023202220212020201920182017201620152014
PKB
Invesco Dynamic Building & Construction ETF
0.19%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
0.16%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.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-12.70%
-3.25%
PKB
AIQ

Volatility

PKB vs. AIQ - Volatility Comparison

Invesco Dynamic Building & Construction ETF (PKB) has a higher volatility of 6.60% compared to Global X Artificial Intelligence & Technology ETF (AIQ) at 5.36%. This indicates that PKB'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.


4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
6.60%
5.36%
PKB
AIQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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