AIO vs INNO
Virtus Artificial Intelligence & Technology Opportunities Fund vs Harbor Disruptive Innovation ETF
Which is better, AIO or INNO?
Each has led over a different period.
INNO has a lower expense ratio. AIO led over 1Y, INNO over the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AIO | INNO |
|---|---|---|
| Expense Ratio | 1.47% | 0.75%Best |
| AUM | $944M | $3M |
| Dividend Yield | 11.21% | 0.00% |
| Holdings | 102 | 71 |
| Volatility (annualized) | 22.5%Best | 26.2% |
| Max Drawdown | -37.4%Best | -49.9% |
| $10,000 over 3 years | $13,997 | $14,076Best |
| Fund Family | Virtus Investment Partners | Harbor Funds |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Mid Cap Growth |
| Inception | Oct 31, 2019 | Dec 1, 2021 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 670 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. AIO has data through Oct 14, 2026 and INNO through Dec 13, 2024.
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Dec 1, 2021 to Dec 13, 2024 (3 years).
Risk: Volatility and Drawdowns
INNO has been the more volatile fund, with annualized monthly volatility of 26.2% compared with 22.5% for AIO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -37.4% for AIO and -49.9% for INNO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AIO charges 1.47% per year while INNO charges 0.75%. On a $10,000 position that is $147 vs $75 annually, a gap of $72 per year that compounds over a long holding period. On income, AIO currently yields 11.21% against 0.00% for INNO.
You are not choosing between two funds in isolation.
Whichever of AIO and INNO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AIO or INNO?
AIO has an expense ratio of 1.47% while INNO charges 0.75%. INNO is the cheaper option, by $72 a year on a $10,000 investment.
Which is riskier, AIO or INNO?
INNO has been the more volatile fund at 26.2% annualized versus 22.5% for AIO. Worst drawdown: AIO -37.4% vs INNO -49.9%.
Should I hold both AIO and INNO?
AIO and INNO have a monthly-return correlation of 0.86, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, AIO or INNO?
AIO yields 11.21% while INNO yields 0.00%, so AIO currently pays the higher dividend yield.
Is INNO better than AIO?
INNO has a lower expense ratio. AIO led over 1Y, INNO over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.