AIQ vs. CHAT - ETF Comparison
AIQ - Global X Artificial Intelligence & Technology ETF
The Global X Artificial Intelligence & Technology ETF is an equity fund that tracks the Indxx Artificial Intelligence & Big Data Index, providing investors with exposure to developed markets and large-cap companies involved in artificial intelligence and technology. The fund has a growth investment style and is managed by Mirae Asset.
CHAT - Roundhill Generative AI & Technology ETF
The Roundhill Generative AI & Technology ETF is an actively managed equity fund that invests in companies involved in the development and application of artificial intelligence and robotics technologies, providing investors with exposure to the growing AI and robotics sector.
| AIQ | CHAT | |
|---|---|---|
| Fund Name | Global X Artificial Intelligence & Technology ETF | Roundhill Generative AI & Technology ETF |
| Fund Provider | Mirae Asset | Tidal Investments LLC |
| Index | Indxx Artificial Intelligence & Big Data Index | Active (No Index) |
| Asset Class | Equity | Equity |
| Listing | US-listed | US-listed |
| Expense Ratio | 0.68% | 0.75% |
| Inception Date | 2018-05-11 | 2023-05-18 |
| Number Of Holdings | 85 | 52 |
| Currency | USD | USD |
| Region | Developed Markets | Global |
| Investment Style | Growth | Growth |
| Market Cap | Large-Cap | Blend |
| Sector | Technology | Technology |
| Sector Detail | Artificial Intelligence | Artificial Intelligence |
| Leveraged | Non-leveraged | Non-leveraged |
Select Timeframe
Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Performance Analysis
The performance analysis examines historical data to assess the returns of the investment strategy, including key metrics such as Cumulative returns, End of Year (EoY) returns, and risk-adjusted returns like the Sharpe ratio or the Sortino ratio.
Cumulative Returns
End of Year Returns Table
End of Year Returns
Risk Analysis
The risk analysis refers to an assessment of potential negative events that could lead to a loss of capital. Conducting a risk analysis can help in deciding whether an investment should be made. This is done using risk metrics such as drawdowns, volatility and beta which reflect stakeholders' confidence in the consistency of an investment strategy.
Drawdowns
Drawdowns Table
Monte Carlo Simulation
The Monte Carlo simulation is a statistical method used to forecast portfolio returns by generating a wide range of potential outcomes through random sampling from historical asset price data. It helps investors assess the potential risk and return of a portfolio under various market conditions. The simulation takes into account the initial investment and optionally simulates cash flow scenarios like fixed contributions, fixed withdrawals, or percentage withdrawals.
IMPORTANT: The forecast generated through Monte Carlo simulations is purely hypothetical and does not guarantee future returns. Investment decisions should be made with consideration of various factors, and past performance is not indicative of future results.