WISE vs. AIQ

Last updated Aug 2, 2026

WISE (Themes Generative Artificial Intelligence ETF) and AIQ (Global X Artificial Intelligence & Technology ETF) are both Artificial Intelligence funds - WISE tracks the Solactive Generative Artificial Intelligence Index - Benchmark TR Gross while AIQ tracks the Indxx Artificial Intelligence & Big Data Index. Both are passively managed. Over the past year, WISE returned -3.15% vs 35.59% for AIQ. Their correlation of 0.84 means they have usually moved in the same direction. WISE charges 0.35%/yr vs 0.68%/yr for AIQ.

Performance

WISE vs. AIQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Themes Generative Artificial Intelligence ETF (WISE) 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, WISE achieves a -12.05% return, which is significantly lower than AIQ's 15.79% return.

WISE

• 1D: 2.08%
• 1M: -6.95%
• 6M: -9.01%
• YTD: -12.05%
• 1Y: -3.15%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 14.08%

AIQ

• 1D: 0.34%
• 1M: -4.79%
• 6M: 13.32%
• YTD: 15.79%
• 1Y: 35.59%
• 3Y*: 26.21%
• 5Y*: 14.37%
• 10Y*: —
• ALL TIME*: 18.51%

*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)
AIQ Global X Artificial Intelligence & Technology ETF	$120.56M	$130.50M	$165.49M
WISE Themes Generative Artificial Intelligence ETF	$174.31K	$417.19K	$446.26K

WISE vs. AIQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
WISE Themes Generative Artificial Intelligence ETF	-12.05%	5.88%	40.45%	8.33%
AIQ Global X Artificial Intelligence & Technology ETF	15.79%	31.89%	24.11%	4.98%

Correlation

The correlation between WISE and AIQ is 0.84, 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.	0.84
Correlation (All Time) Calculated using the full available price history since Dec 8, 2023	0.84

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

WISE vs. AIQ - Sectors Allocation Comparison

Sectors	WISE	AIQ
Technology	91.3%	78.8%
Consumer Cyclical	3.5%	6.6%
Communication Services	2.9%	10.1%
Industrials	1.3%	3.6%
Healthcare	0.8%	0.4%
Utilities	0.2%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	0.5%
Real Estate	-	-

Return for Risk

WISE vs. AIQ — Risk / Return Rank

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

WISE

WISE Risk / Return Rank: 9
WISE Sharpe Ratio Rank: 8
WISE Sortino Ratio Rank: 9
WISE Omega Ratio Rank: 9
WISE Calmar Ratio Rank: 8
WISE Martin Ratio Rank: 8

AIQ

AIQ Risk / Return Rank: 45
AIQ Sharpe Ratio Rank: 46
AIQ Sortino Ratio Rank: 44
AIQ Omega Ratio Rank: 44
AIQ Calmar Ratio Rank: 45
AIQ Martin Ratio Rank: 44

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.

WISE vs. AIQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Themes Generative Artificial Intelligence ETF (WISE) 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.

	WISE	AIQ	Difference
Sharpe ratio: Return per unit of total volatility	-0.16	1.13	-1.29
Sortino ratio: Return per unit of downside risk	0.01	1.60	-1.58
Omega ratio: Gain probability vs. loss probability	1.00	1.20	-0.20
Calmar ratio: Return relative to maximum drawdown	-0.16	1.60	-1.77
Martin ratio: Return relative to average drawdown	-0.34	4.82	-5.16

WISE vs. AIQ - Sharpe Ratio Comparison

The current WISE Sharpe Ratio is -0.16, which is lower than the AIQ Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of WISE 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

WISE vs. AIQ - Drawdown Comparison

The maximum WISE drawdown since its inception was -39.15%, smaller than the maximum AIQ drawdown of -44.66%. Use the drawdown chart below to compare losses from any high point for WISE and AIQ.

Drawdown Indicators

	WISE	AIQ	Difference
Max Drawdown Largest peak-to-trough decline	-39.15%	-44.66%	+5.51%
Max Drawdown (1Y) Largest decline over 1 year	-34.08%	-20.19%	-13.89%
Max Drawdown (3Y) Largest decline over 3 years	—	-26.35%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-44.66%	—
Current Drawdown Current decline from peak	-25.13%	-16.04%	-9.09%
Average Drawdown Average peak-to-trough decline	-12.32%	-9.82%	-2.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.22%	6.71%	+9.51%

Volatility

WISE vs. AIQ - Volatility Comparison

Themes Generative Artificial Intelligence ETF (WISE) has a higher volatility of 11.38% compared to Global X Artificial Intelligence & Technology ETF (AIQ) at 10.41%. This indicates that WISE's price experiences larger fluctuations and is considered to be riskier than AIQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WISE	AIQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.38%	10.41%	+0.97%
Volatility (6M) Calculated over the trailing 6-month period	27.21%	24.84%	+2.37%
Volatility (1Y) Calculated over the trailing 1-year period	34.88%	28.57%	+6.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.01%	26.42%	+7.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.01%	25.98%	+8.03%

WISE vs. AIQ - Expense Ratio Comparison

WISE has a 0.35% expense ratio, which is lower than AIQ's 0.68% expense ratio.

Dividends

WISE vs. AIQ - Dividend Comparison

WISE's dividend yield for the trailing twelve months is around 4.69%, more than AIQ's 0.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AIQ Global X Artificial Intelligence & Technology ETF	0.08%	0.18%	0.14%	0.16%	0.56%	0.15%	0.50%	0.51%	0.51%
WISE Themes Generative Artificial Intelligence ETF	4.69%	4.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WISE and AIQ in my portfolio?

WISE and AIQ have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WISE or AIQ?

WISE has higher volatility (11.38%) compared to AIQ (10.41%). In terms of maximum drawdown, WISE dropped -39.15% vs AIQ's -44.66%.

Which ETF is better, WISE or AIQ?

On 1-year performance, AIQ leads with 35.59% vs -3.15% for WISE. On fees, WISE is cheaper at 0.35% per year. On volatility, AIQ has been the lower-risk option at 10.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WISE or AIQ?

Over the 1-year period, AIQ has performed better with a 35.59% return vs -3.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WISE or AIQ?

WISE is cheaper with a 0.35% expense ratio, compared with 0.68% for AIQ.

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

WISE has the higher dividend yield at 4.69%, compared with 0.08% for AIQ.

What is the main difference between WISE and AIQ?

WISE tracks Solactive Generative Artificial Intelligence Index - Benchmark TR Gross, while AIQ tracks Indxx Artificial Intelligence & Big Data Index. They also come from different issuers: Themes and Global X. Their fees differ too: 0.35% for WISE and 0.68% for AIQ.

Which has better risk-adjusted returns?

AIQ currently has the higher Sharpe Ratio (1.13 vs -0.16), 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.