QBIG vs. AIPO

Last updated Jun 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 Technology Equities fund tracking the MarketVector™ US Listed AI and Power Infrastructure Index. QBIG is actively managed, while AIPO is passively managed. A 0.65 correlation means they provide meaningful diversification when combined. 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 8.80% return, which is significantly lower than AIPO's 52.03% return.

QBIG

• 1D: -1.97%
• 1M: 3.99%
• YTD: 8.80%
• 6M: 6.39%
• 1Y: 35.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AIPO

• 1D: -1.12%
• 1M: 6.63%
• YTD: 52.03%
• 6M: 45.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QBIG vs. AIPO - Yearly Performance Comparison

	2026 (YTD)	2025
QBIG Invesco Top QQQ ETF	8.80%	12.21%
AIPO Defiance AI & Power Infrastructure ETF	52.03%	8.68%

Correlation

The correlation between QBIG and AIPO is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 28, 2025	0.65

QBIG vs. AIPO - Sectors Allocation Comparison

Sectors	QBIG	AIPO
Technology	19.4%	16.5%
Financial Services	14.8%	3.6%
Consumer Cyclical	7.9%	-
Communication Services	6.0%	0.5%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	6.9%
Healthcare	-	-
Industrials	-	57.1%
Real Estate	-	1.0%
Utilities	-	14.4%

Return for Risk

QBIG vs. AIPO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QBIG

QBIG Risk / Return Rank: 45
QBIG Sharpe Ratio Rank: 53
QBIG Sortino Ratio Rank: 50
QBIG Omega Ratio Rank: 49
QBIG Calmar Ratio Rank: 37
QBIG Martin Ratio Rank: 36

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.

	QBIG	AIPO	Difference
Sharpe ratio: Return per unit of total volatility	1.86	—	—
Sortino ratio: Return per unit of downside risk	2.48	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	1.83	—	—
Martin ratio: Return relative to average drawdown	5.73	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	QBIG	AIPO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.86	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	2.36	-1.51

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 -17.31%. 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%	-17.31%	-13.02%
Max Drawdown (1Y) Largest decline over 1 year	-19.70%	—	—
Current Drawdown Current decline from peak	-3.34%	-1.12%	-2.22%
Average Drawdown Average peak-to-trough decline	-7.02%	-4.38%	-2.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.29%	—	—

Volatility

Volatility by Period

	QBIG	AIPO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.32%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.64%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.43%	34.09%	-14.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.32%	34.09%	-6.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.32%	34.09%	-6.77%

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 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QBIG or AIPO?

On fees, QBIG is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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 Technology Equities. They also come from different issuers: Invesco and Defiance. Their fees differ too: 0.29% for QBIG and 0.69% for AIPO.