VPN vs. AIS

Last updated Apr 1, 2026

Compare and contrast key facts about Global X Data Center REITs & Digital Infrastructure ETF (VPN) and VistaShares Artificial Intelligence Supercycle ETF (AIS).

VPN and AIS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VPN is a passively managed fund by Global X that tracks the performance of the Solactive Data Center REITs & Digital Infrastructure Index. It was launched on Oct 27, 2020. AIS is an actively managed fund by VistaShares. It was launched on Dec 3, 2024.

Performance

VPN vs. AIS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Data Center REITs & Digital Infrastructure ETF (VPN) and VistaShares Artificial Intelligence Supercycle ETF (AIS). The values are adjusted to include any dividend payments, if applicable.

VPN vs. AIS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
VPN Global X Data Center REITs & Digital Infrastructure ETF	13.55%	28.99%	-4.91%
AIS VistaShares Artificial Intelligence Supercycle ETF	10.96%	58.35%	-4.92%

Returns By Period

In the year-to-date period, VPN achieves a 13.55% return, which is significantly higher than AIS's 10.96% return.

VPN

• 1D: 3.90%
• 1M: -6.26%
• YTD: 13.55%
• 6M: 17.74%
• 1Y: 49.09%
• 3Y*: 23.89%
• 5Y*: 10.33%
• 10Y*: —

AIS

• 1D: 5.94%
• 1M: -8.03%
• YTD: 10.96%
• 6M: 19.31%
• 1Y: 94.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VPN vs. AIS - Expense Ratio Comparison

VPN has a 0.50% expense ratio, which is lower than AIS's 0.75% expense ratio.

AIS

VistaShares Artificial Intelligence Supercycle ETF

VPN

Global X Data Center REITs & Digital Infrastructure ETF

Return for Risk

VPN vs. AIS — Risk / Return Rank

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

VPN

VPN Risk / Return Rank: 92
VPN Sharpe Ratio Rank: 93
VPN Sortino Ratio Rank: 93
VPN Omega Ratio Rank: 89
VPN Calmar Ratio Rank: 94
VPN Martin Ratio Rank: 90

AIS

AIS Risk / Return Rank: 95
AIS Sharpe Ratio Rank: 96
AIS Sortino Ratio Rank: 95
AIS Omega Ratio Rank: 93
AIS Calmar Ratio Rank: 97
AIS Martin Ratio Rank: 96

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.

VPN vs. AIS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Data Center REITs & Digital Infrastructure ETF (VPN) and VistaShares Artificial Intelligence Supercycle ETF (AIS). 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.

	VPN	AIS	Difference
Sharpe ratio Return per unit of total volatility	2.12	2.60	-0.48
Sortino ratio Return per unit of downside risk	2.77	3.09	-0.32
Omega ratio Gain probability vs. loss probability	1.37	1.43	-0.07
Calmar ratio Return relative to maximum drawdown	3.74	4.94	-1.20
Martin ratio Return relative to average drawdown	11.13	17.02	-5.88
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VPN vs. AIS - Sharpe Ratio Comparison

The current VPN Sharpe Ratio is 2.12, which is comparable to the AIS Sharpe Ratio of 2.60. The chart below compares the historical Sharpe Ratios of VPN and AIS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VPN	AIS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.12	2.60	-0.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	1.33	-0.82

Correlation

The correlation between VPN and AIS is 0.74, 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.

Dividends

VPN vs. AIS - Dividend Comparison

VPN's dividend yield for the trailing twelve months is around 0.97%, while AIS has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020
VPN Global X Data Center REITs & Digital Infrastructure ETF	0.97%	1.10%	1.72%	1.18%	2.57%	1.27%	0.30%
AIS VistaShares Artificial Intelligence Supercycle ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

VPN vs. AIS - Drawdown Comparison

The maximum VPN drawdown since its inception was -38.98%, which is greater than AIS's maximum drawdown of -32.78%. Use the drawdown chart below to compare losses from any high point for VPN and AIS.

Drawdown Indicators

	VPN	AIS	Difference
Max Drawdown Largest peak-to-trough decline	-38.98%	-32.78%	-6.20%
Max Drawdown (1Y) Largest decline over 1 year	-13.07%	-18.75%	+5.68%
Max Drawdown (5Y) Largest decline over 5 years	-38.98%	—	—
Current Drawdown Current decline from peak	-8.58%	-10.75%	+2.17%
Average Drawdown Average peak-to-trough decline	-12.73%	-5.96%	-6.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.39%	5.44%	-1.05%

Volatility

VPN vs. AIS - Volatility Comparison

The current volatility for Global X Data Center REITs & Digital Infrastructure ETF (VPN) is 8.15%, while VistaShares Artificial Intelligence Supercycle ETF (AIS) has a volatility of 15.90%. This indicates that VPN experiences smaller price fluctuations and is considered to be less risky than AIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VPN	AIS	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.15%	15.90%	-7.75%
Volatility (6M) Calculated over the trailing 6-month period	17.43%	26.94%	-9.51%
Volatility (1Y) Calculated over the trailing 1-year period	23.24%	36.55%	-13.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.58%	36.11%	-14.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.83%	36.11%	-14.28%