QBIG vs. AIPO

Last updated Aug 4, 2026

QBIG (Invesco Top QQQ ETF) and AIPO (Defiance AI & Power Infrastructure ETF) are both exchange-traded funds - QBIG is a Large Cap Blend Equities fund actively managed by Invesco, while AIPO is a Artificial Intelligence fund tracking the MarketVector™ US Listed AI and Power Infrastructure Index. QBIG is actively managed, while AIPO is passively managed. Over the past year, QBIG returned 21.91% vs 46.89% for AIPO. Their 0.63 correlation means they have sometimes moved together and sometimes differently. QBIG charges 0.29%/yr vs 0.69%/yr for AIPO.

Performance

QBIG vs. AIPO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Top QQQ ETF (QBIG) and Defiance AI & Power Infrastructure ETF (AIPO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QBIG achieves a 7.13% return, which is significantly lower than AIPO's 33.86% return.

QBIG

• 1D: 2.39%
• 1M: 5.69%
• 6M: 8.30%
• YTD: 7.13%
• 1Y: 21.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.30%

AIPO

• 1D: 3.42%
• 1M: -4.58%
• 6M: 20.17%
• YTD: 33.86%
• 1Y: 46.89%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 45.22%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AIPO Defiance AI & Power Infrastructure ETF	$42.27M	$38.04M	$47.00M
QBIG Invesco Top QQQ ETF	$411.76K	$281.60K	$268.60K

QBIG vs. AIPO - Yearly Performance Comparison

	2026 (YTD)	2025
QBIG Invesco Top QQQ ETF	7.13%	12.47%
AIPO Defiance AI & Power Infrastructure ETF	33.86%	9.46%

Correlation

The correlation between QBIG and AIPO is 0.63, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.63
Correlation (All Time) Calculated using the full available price history since Jul 25, 2025	0.63

The correlation between QBIG and AIPO has been stable across timeframes, ranging from 0.63 to 0.63 - a consistent structural relationship.

QBIG vs. AIPO - Sectors Allocation Comparison

Sectors	QBIG	AIPO
Technology	60.9%	15.7%
Consumer Cyclical	21.1%	0.7%
Communication Services	18.0%	0.5%
Financial Services	10.5%	2.9%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	6.8%
Healthcare	-	-
Industrials	-	58.0%
Real Estate	-	0.9%
Utilities	-	15.3%

Return for Risk

QBIG vs. AIPO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

QBIG

QBIG Risk / Return Rank: 36
QBIG Sharpe Ratio Rank: 40
QBIG Sortino Ratio Rank: 39
QBIG Omega Ratio Rank: 37
QBIG Calmar Ratio Rank: 33
QBIG Martin Ratio Rank: 32

AIPO

AIPO Risk / Return Rank: 50
AIPO Sharpe Ratio Rank: 50
AIPO Sortino Ratio Rank: 47
AIPO Omega Ratio Rank: 47
AIPO Calmar Ratio Rank: 53
AIPO Martin Ratio Rank: 54

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

QBIG vs. AIPO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Top QQQ ETF (QBIG) and Defiance AI & Power Infrastructure ETF (AIPO). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	QBIG	AIPO	Difference
Sharpe ratio: Return per unit of total volatility	1.01	1.26	-0.24
Sortino ratio: Return per unit of downside risk	1.47	1.74	-0.28
Omega ratio: Gain probability vs. loss probability	1.18	1.22	-0.04
Calmar ratio: Return relative to maximum drawdown	1.12	1.93	-0.82
Martin ratio: Return relative to average drawdown	3.02	6.41	-3.40

QBIG vs. AIPO - Sharpe Ratio Comparison

The current QBIG Sharpe Ratio is 1.01, which is comparable to the AIPO Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of QBIG and AIPO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

QBIG vs. AIPO - Drawdown Comparison

The maximum QBIG drawdown since its inception was -30.33%, which is greater than AIPO's maximum drawdown of -24.36%. Use the drawdown chart below to compare losses from any high point for QBIG and AIPO.

Drawdown Indicators

	QBIG	AIPO	Difference
Max Drawdown Largest peak-to-trough decline	-30.33%	-24.36%	-5.97%
Max Drawdown (1Y) Largest decline over 1 year	-19.70%	-24.36%	+4.66%
Current Drawdown Current decline from peak	-4.83%	-14.84%	+10.01%
Average Drawdown Average peak-to-trough decline	-7.18%	-5.31%	-1.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.28%	7.33%	-0.05%

Volatility

QBIG vs. AIPO - Volatility Comparison

The current volatility for Invesco Top QQQ ETF (QBIG) is 8.15%, while Defiance AI & Power Infrastructure ETF (AIPO) has a volatility of 14.74%. This indicates that QBIG experiences smaller price fluctuations and is considered to be less risky than AIPO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QBIG	AIPO	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.15%	14.74%	-6.59%
Volatility (6M) Calculated over the trailing 6-month period	17.16%	29.87%	-12.71%
Volatility (1Y) Calculated over the trailing 1-year period	21.76%	37.61%	-15.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.36%	37.27%	-9.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.36%	37.27%	-9.91%

QBIG vs. AIPO - Expense Ratio Comparison

QBIG has a 0.29% expense ratio, which is lower than AIPO's 0.69% expense ratio.

Dividends

QBIG vs. AIPO - Dividend Comparison

QBIG has not paid dividends to shareholders, while AIPO's dividend yield for the trailing twelve months is around 0.01%.

Position	TTM	2025
AIPO Defiance AI & Power Infrastructure ETF	0.01%	0.01%
QBIG Invesco Top QQQ ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both QBIG and AIPO in my portfolio?

QBIG and AIPO have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QBIG or AIPO?

AIPO has higher volatility (14.74%) compared to QBIG (8.15%). In terms of maximum drawdown, QBIG dropped -30.33% vs AIPO's -24.36%.

Which ETF is better, QBIG or AIPO?

On 1-year performance, AIPO leads with 46.89% vs 21.91% for QBIG. On fees, QBIG is cheaper at 0.29% per year. On volatility, QBIG has been the lower-risk option at 8.15%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QBIG or AIPO?

Over the 1-year period, AIPO has performed better with a 46.89% return vs 21.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QBIG or AIPO?

QBIG is cheaper with a 0.29% expense ratio, compared with 0.69% for AIPO.

Which ETF pays a higher dividend yield, QBIG or AIPO?

AIPO has the higher dividend yield at 0.01%, compared with 0.00% for QBIG.

What is the main difference between QBIG and AIPO?

QBIG is categorized as Large Cap Blend Equities, while AIPO is Artificial Intelligence. They also come from different issuers: Invesco and Defiance. Their fees differ too: 0.29% for QBIG and 0.69% for AIPO.

Which has better risk-adjusted returns?

AIPO currently has the higher Sharpe Ratio (1.26 vs 1.01), 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.