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AIQ

Artificial Intelligence & Technology ETF

Morningstar Rating™ - Overall rating out of 235 Technology funds, based on risk-adjusted returns as of 11/30/2024

 

Reasons to Consider AIQ

High Growth Potential

Spurred by breakthroughs in generative AI, forecasts suggest the global artificial intelligence market could increase more than 300x from $39bn in 2022 to $1.3tn by 2032.1

Rapid Commercialization

AI is quickly expanding beyond data centers, enabling innovative commercial applications in diverse sectors, including Agriculture, Health Care, and beyond. Forecasts indicate that over 729mm individuals will use AI tools by 2030, up 254mm from 2023.2

Unconstrained Approach

Artificial intelligence spans multiple segments, and its most innovative companies include both household names and newcomers from around the world. AIQ invests accordingly, without regard for sector or geography.

1Bloomberg, Jun 2023
2Statista, Feb 2024

Key Information As of 12/24/24

Inception Date 05/11/18
Total Expense Ratio 0.68%
Net Assets $2.68 billion
NAV $39.87
Fact Sheet View the document

ETF Summary

The Global X Artificial Intelligence & Technology ETF (AIQ) seeks to invest in companies that potentially stand to benefit from the further development and utilization of artificial intelligence (AI) technology in their products and services, as well as in companies that provide hardware facilitating the use of AI for the analysis of big data.

ETF Objective

The Global X Artificial Intelligence & Technology ETF (AIQ) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Artificial Intelligence & Big Data Index.

Trading Details As of 12/23/24

Ticker AIQ
Bloomberg Index Ticker IAIQ
CUSIP 37954Y632
ISIN US37954Y6326
Primary Exchange Nasdaq
Shares Outstanding 67,150,002
Number of Holdings 84
30-Day Median Bid-Ask Spread 0.08%

Distributions As of 12/24/24

30-Day SEC Yield 0.10%
Distribution Frequency Semi-Annually

ETF Prices As of 12/24/24

NAV $39.87 Daily Change $0.44 1.12%
Market Price $39.95 Daily Change $0.45 1.14%

Performance History

As of recent
(09/30/24)
As of recent
(09/30/24)
Fund NAV Market Price Index
1 Year 38.31% 38.38% 39.20%
3 Years 7.57% 7.62% 8.19%
5 Years 18.93% 18.86% 19.54%
Since Inception 15.73% 15.72% 16.27%
1 Year 30.58% 30.81% 31.49%
3 Years 7.37% 7.15% 7.99%
5 Years 17.86% 17.94% 18.47%
Since Inception 16.03% 16.06% 16.58%
Year-to-Date 19.50% 19.35% 20.10%
1 Month 5.12% 5.15% 5.17%
3 Months 4.50% 4.32% 4.68%
Since Inception 154.48% 154.42% 162.14%
Year-to-Date 24.55% 24.65% 25.33%
1 Month 5.87% 6.15% 5.95%
3 Months 9.56% 9.82% 9.75%
Since Inception 165.23% 165.72% 173.56%

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 12/24/24

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
5.02 TSLA TESLA INC B616C79 462.28 292,253 135,102,716.84
3.91 AVGO BROADCOM INC BDZ78H9 239.68 439,883 105,431,157.44
3.89 NFLX NETFLIX INC 2857817 932.12 112,377 104,748,849.24
3.86 NOW SERVICENOW INC B80NXX8 1,105.56 94,170 104,110,585.20
3.60 CRM SALESFORCE INC 2310525 344.43 281,630 97,001,820.90
3.45 CSCO CISCO SYSTEMS INC 2198163 59.85 1,554,180 93,017,673.00
3.33 META META PLATFORMS INC B7TL820 607.75 147,562 89,680,805.50
3.29 AMZN AMAZON.COM INC 2000019 229.05 386,387 88,501,942.35
3.26 IBM IBM 2005973 224.41 391,429 87,840,581.89
3.20 ORCL ORACLE CORP 2661568 171.41 503,126 86,240,827.66
3.07 AAPL APPLE INC 2046251 258.20 319,952 82,611,606.40
3.06 NVDA NVIDIA CORP 2379504 140.22 587,760 82,415,707.20
3.05 700 HK TENCENT HOLDINGS LTD BMMV2K8 54.07 1,517,643 82,064,857.77
3.01 BABA ALIBABA GRP-ADR BP41ZD1 85.52 946,726 80,964,007.52
2.93 ACN ACCENTURE PLC-CL A B4BNMY3 361.63 217,930 78,810,025.90
2.89 GOOGL ALPHABET INC-CL A BYVY8G0 196.11 396,582 77,773,696.02
2.64 MSFT MICROSOFT CORP 2588173 439.33 161,990 71,167,066.70
2.33 SIE GR SIEMENS AG-REG 5727973 196.40 319,320 62,713,793.58
2.20 QCOM QUALCOMM INC 2714923 159.36 372,549 59,369,408.64
2.19 ADBE ADOBE INC 2008154 447.94 131,601 58,949,351.94
1.97 SHOP SHOPIFY INC - CLASS A BXDZ9Z0 110.18 482,126 53,120,642.68
1.91 UBER UBER TECHNOLOGIES INC BK6N347 61.71 833,195 51,416,463.45
1.65 005930 KS SAMSUNG ELECTRON 6771720 37.35 1,190,288 44,457,032.06
1.62 3690 HK MEITUAN-CLASS B BGJW376 19.97 2,188,315 43,697,837.24
1.47 MU MICRON TECHNOLOGY INC 2588184 89.28 441,964 39,458,545.92
1.29 INTC INTEL CORP 2463247 20.40 1,697,755 34,634,202.00
1.25 000660 KS SK HYNIX INC 6450267 115.69 290,350 33,590,096.12
1.24 CDNS CADENCE DESIGN SYS INC 2302232 308.58 108,514 33,485,250.12
1.13 SNPS SYNOPSYS INC 2867719 500.16 60,966 30,492,754.56
1.10 FTNT FORTINET INC B5B2106 97.81 303,209 29,656,872.29
1.09 TRI THOMSON REUTERS CORP BNBXPB4 163.15 179,975 29,362,921.25
0.84 WDAY WORKDAY INC-CLASS A B8K6ZD1 269.04 84,250 22,666,620.00
0.82 NXPI NXP SEMICONDUCTORS NV B505PN7 215.40 101,919 21,953,352.60
0.81 TTD TRADE DESK INC-A BD8FDD1 123.96 176,518 21,881,171.28
0.68 DDOG DATADOG INC - CLASS A BKT9Y49 148.40 122,889 18,236,727.60
0.63 IFX GR INFINEON TECHNOLOGIES AG 5889505 32.78 519,021 17,012,483.86
0.61 WKL NA WOLTERS KLUWER 5671519 165.76 98,987 16,408,162.81
0.59 EXPN LN EXPERIAN PLC B19NLV4 43.44 364,856 15,848,782.80
0.53 GEHC GE HEALTHCARE TECHNOLOGY BL6JPG8 79.36 181,258 14,384,634.88
0.53 6702 JP FUJITSU LIMITED 6356945 17.41 820,601 14,285,154.05
0.52 5803 JP FUJIKURA LTD 6356707 39.09 357,075 13,957,107.22
0.49 TWLO TWILIO INC - A BD6P5Q0 111.38 119,246 13,281,619.48
0.49 ROK ROCKWELL AUTOMATION INC 2754060 292.20 45,314 13,240,750.80
0.47 EBAY EBAY INC 2293819 63.78 199,283 12,710,269.74
0.45 DOCU DOCUSIGN INC BFYT7B7 94.85 127,410 12,084,838.50
0.45 CLS CELESTICA INC BMDLRD5 97.53 123,450 12,040,078.50
0.42 HPE HEWLETT PACKA BYVYWS0 21.89 518,990 11,360,691.10
0.42 ZS ZSCALER INC BZ00V34 187.26 59,973 11,230,543.98
0.40 PEGA PEGASYSTEMS INC 2675860 95.06 113,829 10,820,584.74
0.38 6954 JP FANUC CORP 6356934 25.62 397,163 10,175,187.83
0.38 ERIC ERICSSON (LM) TEL-SP ADR 2031730 8.17 1,234,935 10,089,418.95
0.37 BIDU BAIDU INC - SPON ADR B0FXT17 88.05 114,554 10,086,479.70
0.35 WIX WIX.COM LTD BFZCHN7 226.22 42,138 9,532,458.36
0.35 6701 JP NEC CORP 6640400 86.63 108,589 9,406,813.72
0.34 HUBB HUBBELL INC BDFG6S3 432.04 21,380 9,237,015.20
0.34 AMBA AMBARELLA INC B7KH3G6 74.05 123,373 9,135,770.65
0.34 G GENPACT LTD B23DBK6 42.70 213,465 9,114,955.50
0.33 AI C3.AI INC-A BMGNBJ2 35.71 251,451 8,979,315.21
0.32 CYBR CYBERARK SOFTWAR BQT3XY6 320.61 26,978 8,649,416.58
0.32 CASH 1.00 8,559,201 8,559,200.69
0.32 ZBRA ZEBRA TECH CORP 2989356 395.44 21,449 8,481,792.56
0.31 SMAR SMARTSHEET INC-CLASS A BFZND98 56.00 147,978 8,286,768.00
0.29 PCOR PROCORE TECHNOLOGIES INC BLH11J8 77.79 101,986 7,933,490.94
0.29 SMCI SUPER MICRO COMPUTER INC BRC3N73 34.33 229,400 7,875,302.00
0.29 INFA INFORMATICA INC - CLASS A BMG95P4 26.93 287,091 7,731,360.63
0.28 PATH UIPATH INC - CLASS A BMD02L5 13.13 580,310 7,619,470.30
0.28 CCCS CCC INTELLIGENT BP4CXL8 11.89 640,255 7,612,631.95
0.28 DXC DXC TECHNOLOGY CO BYXD7B3 20.50 361,907 7,419,093.50
0.28 3661 TT ALCHIP TECHNOLOGIES LTD B4TPSL0 99.14 74,650 7,400,474.26
0.27 STX SEAGATE TECHNOLO BKVD2N4 88.49 82,910 7,336,705.90
0.26 TDC TERADATA CORP B247H10 32.10 221,341 7,105,046.10
0.26 6588 JP TOSHIBA TEC CORP 6894887 22.40 317,050 7,103,096.80
0.26 4755 JP RAKUTEN GROUP INC 6229597 5.67 1,241,060 7,034,303.47
0.26 TEMN SW TEMENOS AG - REG 7147892 69.88 98,910 6,911,677.30
0.25 2395 TT ADVANTECH CO LTD 6202673 10.66 636,257 6,784,534.98
0.23 SNAP SNAP INC - A BD8DJ71 11.18 555,291 6,208,153.38
0.23 OKTA OKTA INC BDFZSP1 83.19 74,354 6,185,509.26
0.23 TIETO FH TIETOEVRY OYJ 5479702 17.42 350,282 6,101,167.41
0.22 2353 TT ACER INC 6005850 1.17 5,128,000 6,009,405.65
0.22 3443 TT GLOBAL UNICHIP CORP B056381 40.39 147,865 5,972,058.44
0.22 AMP IM AMPLIFON SPA B14NJ71 26.49 222,031 5,881,722.86
0.21 6526 JP SOCIONEXT INC BMTVX75 16.72 342,719 5,728,682.92
0.21 VRNT VERINT SYSTEMS INC 2849193 27.19 206,299 5,609,269.81
0.16 STNE STONECO LTD-A BGKG6M3 8.08 526,014 4,250,193.12
0.14 VSAT VIASAT INC 2946243 9.17 412,882 3,786,127.94
0.00 CURRENCY CONTRACT - HKD 0.00 2,134,953 208.70
0.00 SWISS FRANC 1.11 133 147.19
0.00 CURRENCY CONTRACT - HKD 0.00 1,191,147 116.44
0.00 CURRENCY CONTRACT - HKD 0.00 1,683,128 112.70
0.00 CURRENCY CONTRACT - HKD 0.00 934,893 62.59
0.00 EURO 1.04 -333 -345.83
-0.01 TAIWAN DOLLAR 0.03 -4,064,086 -124,350.52
-0.01 KOREAN WON 0.00 -334,309,670 -229,529.47
-0.08 OTHER PAYABLE & RECEIVABLES 1.00 -2,236,207 -2,236,206.72
CURRENCY CONTRACT - HKD 0.00 -153,241
CURRENCY CONTRACT - HKD 0.00 -274,661
CURRENCY CONTRACT - HKD 0.00 -216,591
CURRENCY CONTRACT - HKD 0.00 -120,306
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 11/30/24

Sector Weight (%)
Information Technology 67.0
Consumer Discretionary 12.7
Communication Services 10.2
Industrials 9.1
Health Care 0.8
Materials 0.2

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Software & Services 40.5
Semiconductors & Semiconductor Equipment 14.9
Technology Hardware & Equipment 11.2
Media & Entertainment 10.2
Consumer Discretionary Distribution & Retail 8.8
Capital Goods 4.4
Automobiles & Components 3.9
Commercial & Professional Services 2.4
Transportation 2.3
Health Care Equipment & Services 0.8
Technology Hardware & Equipmen 0.4
Other 0.2

Source: new windowAltaVista Research, LLC

Country Weight (%)
United States 70.5
China 8.3
Ireland 4.0
Canada 3.7
South Korea 3.1
Germany 3.0
Japan 2.6
Netherlands 1.5
Taiwan 0.9
Israel 0.7
Sweden 0.4
Other 1.3

Source: new windowAltaVista Research, LLC

All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.

ETF Characteristics As of 12/24/24

Return on Equity 15.80%
Weighted Avg. Market Cap 575,618 M
2023 2024
Price-to-earnings 38.71 28.43
Price-to-book value 4.76 4.24

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 11/30/24

Versus Beta
S&P 500 1.24
NASDAQ-100 1.07
MSCI EAFE 1.05
MSCI Emg. Mkts 1.03
Standard Deviation 24.40%

Source: new windowAltaVista Research, LLC

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ETF Documents

The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales load. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three- year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

As of 11/30, AIQ was rated against the following numbers of Technology funds over the following time periods: 235 during the last 3 years, 202 during the last 5 years. With respect to these Technology funds, AIQ received a Morningstar Rating of 3, and 4 stars, respectively. Past performance is not indicative of future results.

© 2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Investing involves risk, including the possible loss of principal. The investable universe of companies in which AIQ may invest may be limited. The companies in which the Fund invests may be subject to rapid changes in technology, intense competition, rapid obsolescence of products and services, loss of intellectual property protections, evolving industry standards and frequent new product productions, and changes in business cycles and government regulation.

International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Since the Fund’s shares did not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Indxx, nor does Indxx make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with Indxx.