XNTK vs. AIQ

Last updated Jul 14, 2026

XNTK (State Street SPDR NYSE Technology ETF) and AIQ (Global X Artificial Intelligence & Technology ETF) are both Technology Equities funds - XNTK tracks the NYSE Technology Index while AIQ tracks the Indxx Artificial Intelligence & Big Data Index. Both are passively managed. Over the past 5 years, XNTK returned 18.39%/yr vs 15.09%/yr for AIQ. Their correlation of 0.95 suggests significant overlap in exposure. XNTK charges 0.35%/yr vs 0.68%/yr for AIQ.

Performance

XNTK vs. AIQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street SPDR NYSE Technology ETF (XNTK) 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, XNTK achieves a 28.94% return, which is significantly higher than AIQ's 20.53% return.

XNTK

• 1D: -2.95%
• 1M: -2.95%
• 6M: 24.19%
• YTD: 28.94%
• 1Y: 51.65%
• 3Y*: 35.76%
• 5Y*: 18.39%
• 10Y*: 24.56%

AIQ

• 1D: -3.37%
• 1M: -4.22%
• 6M: 15.33%
• YTD: 20.53%
• 1Y: 41.76%
• 3Y*: 28.50%
• 5Y*: 15.09%
• 10Y*: —

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

XNTK vs. AIQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
XNTK State Street SPDR NYSE Technology ETF	28.94%	38.06%	23.49%	70.13%	-41.07%	17.63%	73.91%	38.08%	-15.71%
AIQ Global X Artificial Intelligence & Technology ETF	20.53%	31.89%	24.11%	55.39%	-36.44%	17.09%	52.88%	39.94%	-14.05%

Correlation

The correlation between XNTK and AIQ is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (All Time) Calculated using the full available price history since May 16, 2018	0.95

The correlation between XNTK and AIQ has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.

XNTK vs. AIQ - Sectors Allocation Comparison

Sectors	XNTK	AIQ
Technology	83.3%	77.4%
Communication Services	8.6%	11.0%
Consumer Cyclical	8.0%	7.2%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	0.5%
Healthcare	-	0.4%
Industrials	-	3.4%
Real Estate	-	-
Utilities	-	-

Return for Risk

XNTK vs. AIQ — Risk / Return Rank

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

XNTK

XNTK Risk / Return Rank: 69
XNTK Sharpe Ratio Rank: 73
XNTK Sortino Ratio Rank: 63
XNTK Omega Ratio Rank: 66
XNTK Calmar Ratio Rank: 75
XNTK Martin Ratio Rank: 67

AIQ

AIQ Risk / Return Rank: 56
AIQ Sharpe Ratio Rank: 56
AIQ Sortino Ratio Rank: 50
AIQ Omega Ratio Rank: 54
AIQ Calmar Ratio Rank: 64
AIQ Martin Ratio Rank: 55

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.

XNTK vs. AIQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street SPDR NYSE Technology ETF (XNTK) 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.

	XNTK	AIQ	Difference
Sharpe ratio: Return per unit of total volatility	1.85	1.53	+0.33
Sortino ratio: Return per unit of downside risk	2.33	2.00	+0.33
Omega ratio: Gain probability vs. loss probability	1.32	1.27	+0.05
Calmar ratio: Return relative to maximum drawdown	3.05	2.55	+0.51
Martin ratio: Return relative to average drawdown	9.62	7.51	+2.11

XNTK vs. AIQ - Sharpe Ratio Comparison

The current XNTK Sharpe Ratio is 1.85, which is comparable to the AIQ Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of XNTK 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

XNTK vs. AIQ - Drawdown Comparison

The maximum XNTK drawdown since its inception was -72.38%, which is greater than AIQ's maximum drawdown of -44.66%. Use the drawdown chart below to compare losses from any high point for XNTK and AIQ.

Drawdown Indicators

	XNTK	AIQ	Difference
Max Drawdown Largest peak-to-trough decline	-72.38%	-44.66%	-27.72%
Max Drawdown (1Y) Largest decline over 1 year	-17.00%	-16.47%	-0.53%
Max Drawdown (3Y) Largest decline over 3 years	-28.11%	-26.35%	-1.76%
Max Drawdown (5Y) Largest decline over 5 years	-48.28%	-44.66%	-3.62%
Max Drawdown (10Y) Largest decline over 10 years	-48.28%	—	—
Current Drawdown Current decline from peak	-8.36%	-12.60%	+4.24%
Average Drawdown Average peak-to-trough decline	-21.23%	-9.78%	-11.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.39%	5.58%	-0.19%

Volatility

XNTK vs. AIQ - Volatility Comparison

State Street SPDR NYSE Technology ETF (XNTK) has a higher volatility of 13.87% compared to Global X Artificial Intelligence & Technology ETF (AIQ) at 12.63%. This indicates that XNTK'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

	XNTK	AIQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.87%	12.63%	+1.24%
Volatility (6M) Calculated over the trailing 6-month period	23.76%	23.89%	-0.13%
Volatility (1Y) Calculated over the trailing 1-year period	28.05%	27.53%	+0.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.78%	26.23%	+2.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.03%	25.91%	+1.12%

XNTK vs. AIQ - Expense Ratio Comparison

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

Dividends

XNTK vs. AIQ - Dividend Comparison

XNTK's dividend yield for the trailing twelve months is around 0.15%, more than AIQ's 0.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AIQ Global X Artificial Intelligence & Technology ETF	0.07%	0.18%	0.14%	0.16%	0.56%	0.15%	0.50%	0.51%	0.51%	0.00%	0.00%	0.00%
XNTK State Street SPDR NYSE Technology ETF	0.15%	0.23%	0.42%	0.34%	0.85%	0.34%	0.30%	0.61%	29.64%	1.29%	0.81%	0.93%

Frequently Asked Questions

Can I hold both XNTK and AIQ in my portfolio?

With a correlation of 0.96, XNTK 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, XNTK or AIQ?

XNTK has higher volatility (13.87%) compared to AIQ (12.63%). In terms of maximum drawdown, XNTK dropped -72.38% vs AIQ's -44.66%.

Which ETF is better, XNTK or AIQ?

On 5-year performance, XNTK leads with 18.39% vs 15.09% for AIQ. On fees, XNTK is cheaper at 0.35% per year. On volatility, AIQ has been the lower-risk option at 12.63%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XNTK or AIQ?

Over the 5-year period, XNTK has performed better with a 18.39% return vs 15.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XNTK or AIQ?

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

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

XNTK has the higher dividend yield at 0.15%, compared with 0.07% for AIQ.

What is the main difference between XNTK and AIQ?

XNTK tracks NYSE Technology Index, while AIQ tracks Indxx Artificial Intelligence & Big Data Index. They also come from different issuers: State Street and Global X. Their fees differ too: 0.35% for XNTK and 0.68% for AIQ.

Which has better risk-adjusted returns?

XNTK currently has the higher Sharpe Ratio (1.85 vs 1.53), 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.