TECH vs. AIQ
Compare and contrast key facts about Bio-Techne Corporation (TECH) and Global X Artificial Intelligence & Technology ETF (AIQ).
AIQ is a passively managed fund by Global X that tracks the performance of the Indxx Artificial Intelligence & Big Data Index. It was launched on May 11, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TECH or AIQ.
Correlation
The correlation between TECH and AIQ is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TECH vs. AIQ - Performance Comparison
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Key characteristics
TECH:
47.29%
AIQ:
12.75%
TECH:
-4.18%
AIQ:
-0.84%
TECH:
0.00%
AIQ:
0.00%
Returns By Period
TECH
N/A
N/A
N/A
N/A
N/A
N/A
AIQ
N/A
N/A
N/A
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Risk-Adjusted Performance
TECH vs. AIQ — Risk-Adjusted Performance Rank
TECH
AIQ
TECH vs. AIQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bio-Techne Corporation (TECH) 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.
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Dividends
TECH vs. AIQ - Dividend Comparison
TECH's dividend yield for the trailing twelve months is around 0.48%, while AIQ has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TECH Bio-Techne Corporation | 0.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AIQ Global X Artificial Intelligence & Technology ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
TECH vs. AIQ - Drawdown Comparison
The maximum TECH drawdown since its inception was -4.18%, which is greater than AIQ's maximum drawdown of -0.84%. Use the drawdown chart below to compare losses from any high point for TECH and AIQ. For additional features, visit the drawdowns tool.
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Volatility
TECH vs. AIQ - Volatility Comparison
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