Generated September 19, 2026.
Overview
AIQ and HLTH are both equity ETFs focused on artificial intelligence, but they take opposite approaches to scope and sector. AIQ is a broad, passively managed technology fund centered on AI with $10.1B in assets and 8 years of history. HLTH is a newly launched, actively managed healthcare fund that narrows the lens to AI applications within medicine and healthcare delivery, with $8.67M in assets.
How they differ
The biggest difference is scope: AIQ targets AI companies across all technology sectors—semiconductors, software, cloud infrastructure, and consumer tech—while HLTH limits itself to healthcare-specific AI use cases like drug discovery, medical imaging, diagnostics, and healthcare IT platforms. That strategic choice cascades into structure and size. AIQ is a passive fund with $10.1B backing its index methodology; HLTH is actively managed, launched 07/21/2026, with $8.67M currently and no disclosed distribution yield. AIQ charges 0.68% and trades with a 1.68 beta, meaning it tends to amplify broad market moves.
HLTH: Designed for investors seeking a concentrated bet on AI applications within healthcare specifically, who value active management to select thematic positions, and who can tolerate newer fund structures and lower asset bases.
Key risks to know
- Concentration in AI-dependent companies. Both funds' returns hinge on the sustained profitability and adoption of AI by their underlying holdings. A slowdown in AI spending or margin compression from AI commoditization would pressure both portfolios.
- AIQ's high beta and sector volatility. AIQ's 1.68 beta means it swings more sharply than the broad market during technology selloffs. Technology equities are volatile; that leverage amplifies drawdowns.
- Holdings overlap and related-sector risk. Both funds may hold overlapping AI infrastructure and software names, amplifying concentration risk if the underlying theme underperforms.
Bottom line
If you want diversified AI exposure across technology sectors with a passive structure and established liquidity, AIQ offers a mature vehicle with broad thematic reach. If you're specifically convinced that AI will reshape healthcare and willing to accept active management, newer-fund risk, and tighter spreads in exchange for a focused healthcare thesis, HLTH provides that focused angle. Past performance does not predict future results.
AI-generated analysis for educational purposes only. Verify important details independently; past performance does not guarantee future results.