AIQ vs SPY
Global X Artificial Intelligence & Technology ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. AIQ delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | AIQ | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.68% | 0.09% | |
| AUM | $10.4B | $821.1B | |
| Dividend Yield | 0.08% | 1.01% | |
| Holdings | 92 | 505 | |
| YTD Return | +22.65% | +12.71% | |
| 1Y Return | +41.02% | +20.53% | |
| 3Y Return (annualized) | +31.71% | +21.60% | |
| 5Y Return (annualized) | +15.35% | +12.79% | |
| Volatility (annualized) | 23.6% | 15.3% | |
| Max Drawdown | -44.7% | -56.5% | |
| Fund Family | Global X by mirae Asset | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | May 11, 2018 | Jan 22, 1993 |
AIQ vs SPY Performance
Global X Artificial Intelligence & Technology ETF (AIQ) is a ETF from Global X by mirae Asset and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year AIQ returned +41.02% while SPY returned +20.53%. Year to date, AIQ is up 22.65% versus a gain of 12.71% for SPY.
Over three years, AIQ compounded at +31.71% per year against +21.60% for SPY; over five years the annualized figures are +15.35% and +12.79% respectively. Across the full 8-year window we track, AIQ has the edge at +19.09% annualized vs +8.80%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AIQ has been the more volatile fund, with annualized monthly volatility of 23.6% compared with 15.3% for SPY. 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 -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AIQ charges 0.68% per year while SPY charges 0.09%. On a $10,000 position that is $68 vs $9 annually, a gap of $59 per year that compounds over a long holding period. On income, AIQ currently yields 0.08% against 1.01% for SPY.
Holdings Overlap
AIQ and SPY share 35 holdings out of 553 unique holdings combined, representing a 28.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, AIQ or SPY?
AIQ has an expense ratio of 0.68% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $59 per year of difference.
Which performed better, AIQ or SPY?
Over the past year AIQ returned +41.02% vs +20.53% for SPY, so AIQ leads on 1-year performance. Over the longest common window we track (8 years), AIQ annualized +19.09% vs +8.80% for SPY. Past performance does not guarantee future results.
Which is riskier, AIQ or SPY?
AIQ has been the more volatile fund at 23.6% annualized versus 15.3% for SPY. Worst drawdown: AIQ -44.7% vs SPY -56.5%.
Should I hold both AIQ and SPY?
AIQ and SPY have a monthly-return correlation of 0.87, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AIQ and SPY?
AIQ and SPY share 35 common holdings with a 28.5% weight overlap. Combined, they hold 553 unique securities.
Which pays a higher dividend, AIQ or SPY?
AIQ yields 0.08% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
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