AIEQ vs SXQG
Amplify AI Powered Equity ETF vs ETC 6 Meridian Quality Growth ETF
Which is better, AIEQ or SXQG?
Each has led over a different period.
SXQG has a lower expense ratio. AIEQ led over 1Y, 3Y and the full window, SXQG over 5Y. AIEQ is less concentrated, with 41.5% of the fund in its ten largest positions against 43.7%.
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 | AIEQ | SXQG |
|---|---|---|
| Expense Ratio | 0.75% | 0.55%Best |
| AUM | $108M | $58M |
| Dividend Yield | 0.40% | 0.00% |
| Holdings | 329 | 170 |
| YTD Return | +7.26%Best | +1.31% |
| 1Y Return | +7.20%Best | -0.63% |
| 3Y Return (annualized) | +17.87%Best | +10.77% |
| 5Y Return (annualized) | +2.50% | +3.58%Best |
| Volatility (annualized) | 20.9% | 16.3%Best |
| Max Drawdown | -39.0% | -34.0%Best |
| $10,000 over 5 years | $11,314 | $11,923Best |
| Top 10 Weight | 41.5%Best | 43.7% |
| Fund Family | Amplify ETFs | 6 Meridian ETF |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Oct 17, 2017 | May 10, 2021 |
Volatility and max drawdown are measured over the window both funds cover: May 11, 2021 to Nov 12, 2026 (5.5 years).
AIEQ vs SXQG 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 5.5 years both funds cover.
AIEQ vs SXQG Performance
Amplify AI Powered Equity ETF (AIEQ) is an ETF from Amplify ETFs and ETC 6 Meridian Quality Growth ETF (SXQG) is an ETF from 6 Meridian ETF. Over the past year AIEQ returned +7.20% while SXQG returned -0.63%. Year to date, AIEQ is up 7.26% versus a gain of 1.31% for SXQG.
Over three years, AIEQ compounded at +17.87% per year against +10.77% for SXQG; over five years the annualized figures are +2.50% and +3.58% respectively. Across the full 6-year window we track, AIEQ has the edge at +6.01% annualized vs +5.90%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AIEQ has been the more volatile fund, with annualized monthly volatility of 20.9% compared with 16.3% for SXQG. 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 -39.0% for AIEQ and -34.0% for SXQG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AIEQ charges 0.75% per year while SXQG charges 0.55%. On a $10,000 position that is $75 vs $55 annually, a gap of $20 per year that compounds over a long holding period. On income, AIEQ currently yields 0.40% against 0.00% for SXQG.
Holdings Overlap
24.5% of AIEQ's money is in holdings SXQG also owns. 63.9% of SXQG's money is in holdings AIEQ also owns.
The two portfolios partly overlap.
26 positions in common, counted across the 161 positions we hold weights for in AIEQ and 84 in SXQG, against full books of 329 and 170.
What only one of them owns
Our book lists 54 positions for SXQG that do not appear in our book for AIEQ (33.8% of the fund), and 134 for AIEQ that do not appear in SXQG (75.4%).
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 AIEQ | Weight in SXQG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 3.71% | 4.62% | 0.91% |
| MAMastercard Inc | 4.00% | 3.98% | 0.02% |
| MSFTMicrosoft Corp | 2.26% | 5.16% | 2.90% |
| GOOGLAlphabet Inc | 1.51% | 4.94% | 3.43% |
| AAPLApple Inc | 1.27% | 5.05% | 3.78% |
| UBERUber Technologies Inc | 3.73% | 1.79% | 1.94% |
| PLTRPalantir Technologies Inc. | 0.53% | 4.51% | 3.98% |
| MUMicron Technology, Inc. | 1.08% | 3.67% | 2.59% |
| LLYEli Lilly & Co | 0.06% | 3.93% | 3.87% |
| COSTCostco Wholesale Corp. | 0.05% | 3.85% | 3.80% |
63.9% of SXQG is already inside AIEQ.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, AIEQ or SXQG?
AIEQ has an expense ratio of 0.75% while SXQG charges 0.55%. SXQG is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, AIEQ or SXQG?
Over the past year AIEQ returned +7.20% vs -0.63% for SXQG, so AIEQ leads on 1-year performance. Over the longest common window we track (6 years), AIEQ annualized +6.01% vs +5.90% for SXQG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AIEQ or SXQG?
AIEQ has been the more volatile fund at 20.9% annualized versus 16.3% for SXQG. Worst drawdown: AIEQ -39.0% vs SXQG -34.0%.
Should I hold both AIEQ and SXQG?
AIEQ and SXQG have a monthly-return correlation of 0.80, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between AIEQ and SXQG?
63.9% of SXQG's money is in holdings AIEQ also owns. 63.9% of SXQG's is in holdings AIEQ also owns. They hold 26 positions in common, counted across the 161 positions we hold weights for in AIEQ and 84 in SXQG.
Which pays a higher dividend, AIEQ or SXQG?
AIEQ yields 0.40% while SXQG yields 0.00%, so AIEQ currently pays the higher dividend yield.
Is SXQG better than AIEQ?
SXQG has a lower expense ratio. AIEQ led over 1Y, 3Y and the full window, SXQG over 5Y. AIEQ is less concentrated, with 41.5% of the fund in its ten largest positions against 43.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.