UFOX vs. THNQ

Last updated Aug 2, 2026

UFOX (Defiance Connective Technologies ETF) and THNQ (ROBO Global Artificial Intelligence ETF) are both exchange-traded funds - UFOX is a Technology Equities fund tracking the BlueStar Connective Technologies Index, while THNQ is a Artificial Intelligence fund tracking the ROBO Global Artificial Intelligence Index. Both are passively managed. Over the past 5 years, UFOX returned 16.95%/yr vs 14.49%/yr for THNQ. Their correlation of 0.84 means they have usually moved in the same direction. UFOX charges 0.30%/yr vs 0.68%/yr for THNQ.

Performance

UFOX vs. THNQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Connective Technologies ETF (UFOX) and ROBO Global Artificial Intelligence ETF (THNQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UFOX achieves a 24.91% return, which is significantly lower than THNQ's 33.15% return.

UFOX

• 1D: 0.28%
• 1M: -10.33%
• 6M: 20.27%
• YTD: 24.91%
• 1Y: 50.71%
• 3Y*: 34.01%
• 5Y*: 16.95%
• 10Y*: —
• ALL TIME*: 18.18%

THNQ

• 1D: 1.65%
• 1M: -4.13%
• 6M: 31.35%
• YTD: 33.15%
• 1Y: 55.63%
• 3Y*: 30.82%
• 5Y*: 14.49%
• 10Y*: —
• ALL TIME*: 21.75%

*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)
THNQ ROBO Global Artificial Intelligence ETF	$1.82M	$1.71M	$2.47M
UFOX Defiance Connective Technologies ETF	$4.02M	$3.58M	$4.72M

UFOX vs. THNQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
UFOX Defiance Connective Technologies ETF	24.91%	34.83%	34.11%	21.83%	-27.26%	25.68%	33.81%
THNQ ROBO Global Artificial Intelligence ETF	33.15%	29.83%	18.82%	56.81%	-39.84%	9.10%	60.92%

Correlation

The correlation between UFOX and THNQ is 0.86, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.86
Correlation (3Y) Balances recent behavior with more history.	0.87
Correlation (5Y) Shows whether the relationship held over a longer period.	0.86
Correlation (All Time) Calculated using the full available price history since May 11, 2020	0.84

The correlation between UFOX and THNQ has been stable across timeframes, ranging from 0.84 to 0.87 - a consistent structural relationship.

UFOX vs. THNQ - Sectors Allocation Comparison

Sectors	UFOX	THNQ
Technology	76.1%	78.5%
Industrials	14.4%	1.3%
Communication Services	6.4%	4.3%
Real Estate	3.1%	1.3%
Basic Materials	-	-
Consumer Cyclical	-	11.1%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	0.9%
Healthcare	-	3.8%
Utilities	-	-

Return for Risk

UFOX vs. THNQ — Risk / Return Rank

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

UFOX

UFOX Risk / Return Rank: 58
UFOX Sharpe Ratio Rank: 67
UFOX Sortino Ratio Rank: 62
UFOX Omega Ratio Rank: 61
UFOX Calmar Ratio Rank: 46
UFOX Martin Ratio Rank: 53

THNQ

THNQ Risk / Return Rank: 71
THNQ Sharpe Ratio Rank: 75
THNQ Sortino Ratio Rank: 70
THNQ Omega Ratio Rank: 66
THNQ Calmar Ratio Rank: 78
THNQ Martin Ratio Rank: 66

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.

UFOX vs. THNQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Connective Technologies ETF (UFOX) and ROBO Global Artificial Intelligence ETF (THNQ). 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.

	UFOX	THNQ	Difference
Sharpe ratio: Return per unit of total volatility	1.54	1.70	-0.17
Sortino ratio: Return per unit of downside risk	2.09	2.26	-0.18
Omega ratio: Gain probability vs. loss probability	1.26	1.28	-0.02
Calmar ratio: Return relative to maximum drawdown	1.66	2.78	-1.12
Martin ratio: Return relative to average drawdown	6.25	7.92	-1.67

UFOX vs. THNQ - Sharpe Ratio Comparison

The current UFOX Sharpe Ratio is 1.54, which is comparable to the THNQ Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of UFOX and THNQ, 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

UFOX vs. THNQ - Drawdown Comparison

The maximum UFOX drawdown since its inception was -33.90%, smaller than the maximum THNQ drawdown of -50.56%. Use the drawdown chart below to compare losses from any high point for UFOX and THNQ.

Drawdown Indicators

	UFOX	THNQ	Difference
Max Drawdown Largest peak-to-trough decline	-33.90%	-50.56%	+16.66%
Max Drawdown (1Y) Largest decline over 1 year	-28.71%	-18.39%	-10.32%
Max Drawdown (3Y) Largest decline over 3 years	-28.71%	-29.88%	+1.17%
Max Drawdown (5Y) Largest decline over 5 years	-33.90%	-50.56%	+16.66%
Current Drawdown Current decline from peak	-25.11%	-9.60%	-15.51%
Average Drawdown Average peak-to-trough decline	-9.18%	-14.88%	+5.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.61%	6.45%	+1.16%

Volatility

UFOX vs. THNQ - Volatility Comparison

Defiance Connective Technologies ETF (UFOX) has a higher volatility of 11.73% compared to ROBO Global Artificial Intelligence ETF (THNQ) at 9.75%. This indicates that UFOX's price experiences larger fluctuations and is considered to be riskier than THNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UFOX	THNQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.73%	9.75%	+1.98%
Volatility (6M) Calculated over the trailing 6-month period	26.21%	24.75%	+1.46%
Volatility (1Y) Calculated over the trailing 1-year period	31.05%	30.08%	+0.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.82%	29.80%	-3.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.83%	28.97%	-3.14%

UFOX vs. THNQ - Expense Ratio Comparison

UFOX has a 0.30% expense ratio, which is lower than THNQ's 0.68% expense ratio.

Dividends

UFOX vs. THNQ - Dividend Comparison

UFOX's dividend yield for the trailing twelve months is around 0.48%, more than THNQ's 0.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
THNQ ROBO Global Artificial Intelligence ETF	0.15%	0.20%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UFOX Defiance Connective Technologies ETF	0.48%	0.56%	0.79%	1.40%	1.63%	1.17%	0.99%	0.75%

Frequently Asked Questions

Can I hold both UFOX and THNQ in my portfolio?

UFOX and THNQ have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UFOX or THNQ?

UFOX has higher volatility (11.73%) compared to THNQ (9.75%). In terms of maximum drawdown, UFOX dropped -33.90% vs THNQ's -50.56%.

Which ETF is better, UFOX or THNQ?

On 5-year performance, UFOX leads with 16.95% vs 14.49% for THNQ. On fees, UFOX is cheaper at 0.30% per year. On volatility, THNQ has been the lower-risk option at 9.75%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, UFOX or THNQ?

Over the 5-year period, UFOX has performed better with a 16.95% return vs 14.49%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UFOX or THNQ?

UFOX is cheaper with a 0.30% expense ratio, compared with 0.68% for THNQ.

Which ETF pays a higher dividend yield, UFOX or THNQ?

UFOX has the higher dividend yield at 0.48%, compared with 0.15% for THNQ.

What is the main difference between UFOX and THNQ?

UFOX is categorized as Technology Equities, while THNQ is Artificial Intelligence. UFOX tracks BlueStar Connective Technologies Index, while THNQ tracks ROBO Global Artificial Intelligence Index. They also come from different issuers: Defiance and Exchange Traded Concepts. Their fees differ too: 0.30% for UFOX and 0.68% for THNQ.

Which has better risk-adjusted returns?

THNQ currently has the higher Sharpe Ratio (1.70 vs 1.54), 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.