QQQ vs. AIQ

Last updated Jun 20, 2026

QQQ (Invesco QQQ ETF) and AIQ (Global X Artificial Intelligence & Technology ETF) are both exchange-traded funds - QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while AIQ is a Technology Equities fund tracking the Indxx Artificial Intelligence & Big Data Index. Both are passively managed. Over the past 5 years, QQQ returned 17.37%/yr vs 17.96%/yr for AIQ. Their correlation of 0.91 suggests significant overlap in exposure. QQQ charges 0.18%/yr vs 0.68%/yr for AIQ.

Performance

QQQ vs. AIQ - Performance Comparison

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

Returns By Period

In the year-to-date period, QQQ achieves a 20.71% return, which is significantly lower than AIQ's 31.34% return.

QQQ

• 1D: 2.51%
• 1M: 3.65%
• YTD: 20.71%
• 6M: 20.33%
• 1Y: 41.26%
• 3Y*: 27.01%
• 5Y*: 17.37%
• 10Y*: 22.17%

AIQ

• 1D: 3.84%
• 1M: 6.69%
• YTD: 31.34%
• 6M: 31.79%
• 1Y: 61.29%
• 3Y*: 33.36%
• 5Y*: 17.96%
• 10Y*: —

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

QQQ vs. AIQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
QQQ Invesco QQQ ETF	20.71%	20.77%	25.58%	54.86%	-32.58%	27.42%	48.62%	38.96%	-7.48%
AIQ Global X Artificial Intelligence & Technology ETF	31.34%	31.89%	24.11%	55.39%	-36.44%	17.09%	52.88%	39.94%	-14.05%

Correlation

The correlation between QQQ and AIQ is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (All Time) Calculated using the full available price history since May 16, 2018	0.91

The correlation between QQQ and AIQ has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.

QQQ vs. AIQ - Sectors Allocation Comparison

Sectors	QQQ	AIQ
Technology	58.7%	77.4%
Communication Services	14.3%	11.0%
Consumer Cyclical	11.4%	7.2%
Consumer Defensive	6.4%	-
Healthcare	3.7%	0.4%
Industrials	2.6%	3.4%
Utilities	1.2%	-
Basic Materials	1.0%	-
Energy	0.5%	-
Financial Services	0.2%	0.5%
Real Estate	0.1%	-

Return for Risk

QQQ vs. AIQ — Risk / Return Rank

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

QQQ

QQQ Risk / Return Rank: 73
QQQ Sharpe Ratio Rank: 77
QQQ Sortino Ratio Rank: 71
QQQ Omega Ratio Rank: 73
QQQ Calmar Ratio Rank: 71
QQQ Martin Ratio Rank: 72

AIQ

AIQ Risk / Return Rank: 71
AIQ Sharpe Ratio Rank: 77
AIQ Sortino Ratio Rank: 65
AIQ Omega Ratio Rank: 70
AIQ Calmar Ratio Rank: 75
AIQ Martin Ratio Rank: 67

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.

QQQ vs. AIQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ ETF (QQQ) 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.

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.

	QQQ	AIQ	Difference
Sharpe ratio: Return per unit of total volatility	2.32	2.32	0.00
Sortino ratio: Return per unit of downside risk	3.01	2.86	+0.15
Omega ratio: Gain probability vs. loss probability	1.41	1.39	+0.01
Calmar ratio: Return relative to maximum drawdown	3.42	3.65	-0.23
Martin ratio: Return relative to average drawdown	12.72	11.84	+0.88

QQQ vs. AIQ - Sharpe Ratio Comparison

The current QQQ Sharpe Ratio is 2.32, which is comparable to the AIQ Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of QQQ and AIQ, 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

QQQ vs. AIQ - Drawdown Comparison

The maximum QQQ drawdown since its inception was -82.97%, which is greater than AIQ's maximum drawdown of -44.66%. Use the drawdown chart below to compare losses from any high point for QQQ and AIQ.

Drawdown Indicators

	QQQ	AIQ	Difference
Max Drawdown Largest peak-to-trough decline	-82.97%	-44.66%	-38.31%
Max Drawdown (1Y) Largest decline over 1 year	-11.96%	-16.47%	+4.51%
Max Drawdown (3Y) Largest decline over 3 years	-22.77%	-26.35%	+3.58%
Max Drawdown (5Y) Largest decline over 5 years	-35.12%	-44.66%	+9.54%
Max Drawdown (10Y) Largest decline over 10 years	-35.12%	—	—
Current Drawdown Current decline from peak	-0.74%	-4.76%	+4.02%
Average Drawdown Average peak-to-trough decline	-32.73%	-9.78%	-22.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.21%	5.07%	-1.86%

Volatility

QQQ vs. AIQ - Volatility Comparison

The current volatility for Invesco QQQ ETF (QQQ) is 8.58%, while Global X Artificial Intelligence & Technology ETF (AIQ) has a volatility of 13.99%. This indicates that QQQ 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.

Volatility by Period

	QQQ	AIQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.58%	13.99%	-5.41%
Volatility (6M) Calculated over the trailing 6-month period	14.34%	22.02%	-7.68%
Volatility (1Y) Calculated over the trailing 1-year period	17.64%	25.93%	-8.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.63%	25.88%	-3.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.42%	25.78%	-3.36%

QQQ vs. AIQ - Expense Ratio Comparison

QQQ has a 0.18% expense ratio, which is lower than AIQ's 0.68% expense ratio.

Dividends

QQQ vs. AIQ - Dividend Comparison

QQQ's dividend yield for the trailing twelve months is around 0.38%, more than AIQ's 0.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AIQ Global X Artificial Intelligence & Technology ETF	0.14%	0.18%	0.14%	0.16%	0.56%	0.15%	0.50%	0.51%	0.51%	0.00%	0.00%	0.00%
QQQ Invesco QQQ ETF	0.38%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%

Frequently Asked Questions

Can I hold both QQQ and AIQ in my portfolio?

With a correlation of 0.93, QQQ and AIQ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, QQQ or AIQ?

AIQ has higher volatility (13.99%) compared to QQQ (8.58%). In terms of maximum drawdown, QQQ dropped -82.97% vs AIQ's -44.66%.

Which ETF is better, QQQ or AIQ?

On 5-year performance, AIQ leads with 17.96% vs 17.37% for QQQ. On fees, QQQ is cheaper at 0.18% per year. On volatility, QQQ has been the lower-risk option at 8.58%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QQQ or AIQ?

Over the 5-year period, AIQ has performed better with a 17.96% return vs 17.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QQQ or AIQ?

QQQ is cheaper with a 0.18% expense ratio, compared with 0.68% for AIQ.

Which ETF pays a higher dividend yield, QQQ or AIQ?

QQQ has the higher dividend yield at 0.38%, compared with 0.14% for AIQ.

What is the main difference between QQQ and AIQ?

QQQ is categorized as Nasdaq-100, while AIQ is Technology Equities. QQQ tracks NASDAQ-100 Index, while AIQ tracks Indxx Artificial Intelligence & Big Data Index. They also come from different issuers: Invesco and Global X. Their fees differ too: 0.18% for QQQ and 0.68% for AIQ.

Which has better risk-adjusted returns?

AIQ currently has the higher Sharpe Ratio (2.32 vs 2.32), 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.