AIQ vs QQQ
Global X Artificial Intelligence & Technology ETF vs Invesco QQQ Trust, Series 1
Which is better, AIQ or QQQ?
Nearly the same fund. QQQ costs less.
QQQ has a lower expense ratio. AIQ led over 1Y, 3Y and 5Y, QQQ over the full window. The two have moved almost in lockstep, correlation 0.95. AIQ is less concentrated, with 32.9% of the fund in its ten largest positions against 46.7%.
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 | AIQ | QQQ |
|---|---|---|
| Expense Ratio | 0.68% | 0.18%Best |
| AUM | $10.5B | $506.1B |
| Dividend Yield | 0.07% | 0.42% |
| Holdings | 92 | 321 |
| YTD Return | +24.33%Best | +19.30% |
| 1Y Return | +28.48%Best | +22.47% |
| 3Y Return (annualized) | +32.83%Best | +26.18% |
| 5Y Return (annualized) | +15.56%Best | +15.42% |
| Volatility (annualized) | 23.4% | 20.2%Best |
| Max Drawdown | -44.7% | -35.1%Best |
| $10,000 over 5 years | $20,608Best | $20,484 |
| Top 10 Weight | 32.9%Best | 46.7% |
| Fund Family | Global X by mirae Asset | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | May 11, 2018 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: May 16, 2018 to Oct 14, 2026 (8.4 years).
AIQ vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 8.4 years both funds cover.
AIQ vs QQQ Performance
Global X Artificial Intelligence & Technology ETF (AIQ) is an ETF from Global X by mirae Asset and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year AIQ returned +28.48% while QQQ returned +22.47%. Year to date, AIQ is up 24.33% versus a gain of 19.30% for QQQ.
Over three years, AIQ compounded at +32.83% per year against +26.18% for QQQ; over five years the annualized figures are +15.56% and +15.42% respectively. Across the full 8-year window we track, QQQ has the edge at +19.45% annualized vs +18.95%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AIQ has been the more volatile fund, with annualized monthly volatility of 23.4% compared with 20.2% for QQQ. 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 -44.7% for AIQ and -35.1% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AIQ charges 0.68% per year while QQQ charges 0.18%. On a $10,000 position that is $68 vs $18 annually, a gap of $50 per year that compounds over a long holding period. On income, AIQ currently yields 0.07% against 0.42% for QQQ.
Holdings Overlap
57.3% of AIQ's money is in holdings QQQ also owns. 62.6% of QQQ's money is in holdings AIQ also owns.
The two portfolios partly overlap.
29 positions in common, counted across the 88 positions we hold weights for in AIQ and 101 in QQQ, against full books of 92 and 321.
What only one of them owns
Our book lists 66 positions for QQQ that do not appear in our book for AIQ (34.6% of the fund), and 34 for AIQ that do not appear in QQQ (23.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in AIQ | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 2.98% | 8.33% | 5.35% |
| AAPLApple, Inc | 2.75% | 7.35% | 4.60% |
| MSFTMicrosoft Corp | 3.60% | 5.76% | 2.16% |
| MUMicron Technology, Inc. | 2.88% | 5.02% | 2.14% |
| AMDAdvanced Micro Devices Inc. | 3.12% | 4.17% | 1.05% |
| AMZNAmazon.Com Inc | 2.86% | 4.07% | 1.21% |
| METAMeta Platforms, Inc. | 3.19% | 3.26% | 0.07% |
| SPCXSpace Exploration Technologies | 3.57% | 2.70% | 0.87% |
| GOOGLAlphabet, Inc. - Class a | 2.87% | 3.05% | 0.18% |
| TSLATesla Motors, Inc. | 3.08% | 2.82% | 0.26% |
62.6% of QQQ is already inside AIQ.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AIQ or QQQ?
AIQ has an expense ratio of 0.68% while QQQ charges 0.18%. QQQ is the cheaper option, by $50 a year on a $10,000 investment.
Which performed better, AIQ or QQQ?
Over the past year AIQ returned +28.48% vs +22.47% for QQQ, so AIQ leads on 1-year performance. Over the longest common window we track (8 years), AIQ annualized +18.95% vs +19.45% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AIQ or QQQ?
AIQ has been the more volatile fund at 23.4% annualized versus 20.2% for QQQ. Worst drawdown: AIQ -44.7% vs QQQ -35.1%.
Should I hold both AIQ and QQQ?
AIQ and QQQ have a monthly-return correlation of 0.95, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between AIQ and QQQ?
62.6% of QQQ's money is in holdings AIQ also owns. 62.6% of QQQ's is in holdings AIQ also owns. They hold 29 positions in common, counted across the 88 positions we hold weights for in AIQ and 101 in QQQ.
Which pays a higher dividend, AIQ or QQQ?
AIQ yields 0.07% while QQQ yields 0.42%, so QQQ currently pays the higher dividend yield.
Is QQQ better than AIQ?
QQQ has a lower expense ratio. AIQ led over 1Y, 3Y and 5Y, QQQ over the full window. The two have moved almost in lockstep, correlation 0.95. AIQ is less concentrated, with 32.9% of the fund in its ten largest positions against 46.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.