QTR vs. AIQ

Last updated Jun 4, 2026

QTR (Global X NASDAQ 100 Tail Risk ETF) and AIQ (Global X Artificial Intelligence & Technology ETF) are both exchange-traded funds - QTR is a Nasdaq-100 fund tracking the NASDAQ-100 Quarterly Protective Put 90 Index, while AIQ is a Technology Equities fund tracking the Indxx Artificial Intelligence & Big Data Index. Both are passively managed. Over the past 3 years, QTR returned 22.93%/yr vs 37.50%/yr for AIQ. Their correlation of 0.85 suggests significant overlap in exposure. QTR charges 0.60%/yr vs 0.68%/yr for AIQ.

Performance

QTR vs. AIQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X NASDAQ 100 Tail Risk ETF (QTR) 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, QTR achieves a 17.64% return, which is significantly lower than AIQ's 35.98% return.

QTR

• 1D: -0.24%
• 1M: 10.52%
• YTD: 17.64%
• 6M: 15.72%
• 1Y: 33.76%
• 3Y*: 22.93%
• 5Y*: —
• 10Y*: —

AIQ

• 1D: -1.40%
• 1M: 21.10%
• YTD: 35.98%
• 6M: 36.15%
• 1Y: 69.19%
• 3Y*: 37.50%
• 5Y*: 19.07%
• 10Y*: —

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

QTR vs. AIQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
QTR Global X NASDAQ 100 Tail Risk ETF	17.64%	14.52%	21.46%	45.53%	-29.94%	4.16%
AIQ Global X Artificial Intelligence & Technology ETF	35.98%	31.89%	24.11%	55.39%	-36.44%	2.29%

Correlation

The correlation between QTR and AIQ is 0.90, 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	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (All Time) Calculated using the full available price history since Aug 27, 2021	0.85

The correlation between QTR and AIQ has been stable across timeframes, ranging from 0.85 to 0.91 - a consistent structural relationship.

QTR vs. AIQ - Sectors Allocation Comparison

Sectors	QTR	AIQ
Technology	53.8%	73.3%
Communication Services	15.8%	13.2%
Consumer Cyclical	12.2%	8.5%
Consumer Defensive	7.7%	-
Healthcare	4.2%	0.4%
Industrials	2.8%	4.2%
Utilities	1.4%	-
Basic Materials	1.1%	-
Energy	0.6%	-
Financial Services	0.2%	0.4%
Real Estate	0.1%	-

Return for Risk

QTR vs. AIQ — Risk / Return Rank

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

QTR

QTR Risk / Return Rank: 64
QTR Sharpe Ratio Rank: 72
QTR Sortino Ratio Rank: 70
QTR Omega Ratio Rank: 68
QTR Calmar Ratio Rank: 55
QTR Martin Ratio Rank: 55

AIQ

AIQ Risk / Return Rank: 81
AIQ Sharpe Ratio Rank: 88
AIQ Sortino Ratio Rank: 81
AIQ Omega Ratio Rank: 80
AIQ Calmar Ratio Rank: 80
AIQ Martin Ratio Rank: 75

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.

QTR vs. AIQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X NASDAQ 100 Tail Risk ETF (QTR) 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.

	QTR	AIQ	Difference
Sharpe ratio Return per unit of total volatility	2.40	3.02	-0.62
Sortino ratio Return per unit of downside risk	3.22	3.70	-0.48
Omega ratio Gain probability vs. loss probability	1.41	1.49	-0.07
Calmar ratio Return relative to maximum drawdown	2.76	4.22	-1.46
Martin ratio Return relative to average drawdown	9.47	14.59	-5.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QTR vs. AIQ - Sharpe Ratio Comparison

The current QTR Sharpe Ratio is 2.40, which is comparable to the AIQ Sharpe Ratio of 3.02. The chart below compares the historical Sharpe Ratios of QTR 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.

Sharpe Ratios by Period

	QTR	AIQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.40	3.02	-0.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.76	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	0.84	-0.16

Drawdowns

QTR vs. AIQ - Drawdown Comparison

The maximum QTR drawdown since its inception was -31.72%, smaller than the maximum AIQ drawdown of -44.66%. Use the drawdown chart below to compare losses from any high point for QTR and AIQ.

Drawdown Indicators

	QTR	AIQ	Difference
Max Drawdown Largest peak-to-trough decline	-31.72%	-44.66%	+12.94%
Max Drawdown (1Y) Largest decline over 1 year	-12.29%	-16.47%	+4.18%
Max Drawdown (3Y) Largest decline over 3 years	-18.99%	-26.35%	+7.36%
Max Drawdown (5Y) Largest decline over 5 years	—	-44.66%	—
Current Drawdown Current decline from peak	-0.24%	-1.40%	+1.16%
Average Drawdown Average peak-to-trough decline	-8.84%	-9.80%	+0.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.57%	4.76%	-1.19%

Volatility

QTR vs. AIQ - Volatility Comparison

The current volatility for Global X NASDAQ 100 Tail Risk ETF (QTR) is 4.52%, while Global X Artificial Intelligence & Technology ETF (AIQ) has a volatility of 8.60%. This indicates that QTR 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

	QTR	AIQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.52%	8.60%	-4.08%
Volatility (6M) Calculated over the trailing 6-month period	10.68%	18.46%	-7.78%
Volatility (1Y) Calculated over the trailing 1-year period	14.14%	23.04%	-8.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.10%	25.33%	-7.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.10%	25.50%	-7.40%

QTR vs. AIQ - Expense Ratio Comparison

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

Dividends

QTR vs. AIQ - Dividend Comparison

QTR's dividend yield for the trailing twelve months is around 15.96%, more than AIQ's 0.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
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%
QTR Global X NASDAQ 100 Tail Risk ETF	15.96%	18.77%	0.50%	0.53%	0.36%	1.90%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QTR and AIQ in my portfolio?

With a correlation of 0.90, QTR 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, QTR or AIQ?

AIQ has higher volatility (8.60%) compared to QTR (4.52%). In terms of maximum drawdown, QTR dropped -31.72% vs AIQ's -44.66%.

Which ETF is better, QTR or AIQ?

On 3-year performance, AIQ leads with 37.50% vs 22.93% for QTR. On fees, QTR is cheaper at 0.60% per year. On volatility, QTR has been the lower-risk option at 4.52%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QTR or AIQ?

Over the 3-year period, AIQ has performed better with a 37.50% return vs 22.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QTR or AIQ?

QTR is cheaper with a 0.60% expense ratio, compared with 0.68% for AIQ.

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

QTR has the higher dividend yield at 15.96%, compared with 0.14% for AIQ.

What is the main difference between QTR and AIQ?

QTR is categorized as Nasdaq-100, while AIQ is Technology Equities. QTR tracks NASDAQ-100 Quarterly Protective Put 90 Index, while AIQ tracks Indxx Artificial Intelligence & Big Data Index. Their fees differ too: 0.60% for QTR and 0.68% for AIQ.

Which has better risk-adjusted returns?

AIQ currently has the higher Sharpe Ratio (3.02 vs 2.40), 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.