AIFD vs. FTEC

Last updated Jun 24, 2026

AIFD (TCW Artificial Intelligence ETF) and FTEC (Fidelity MSCI Information Technology Index ETF) are both Technology Equities funds. AIFD is actively managed, while FTEC is passively managed. Over the past year, AIFD returned 79.52% vs 47.58% for FTEC. Their correlation of 0.93 suggests significant overlap in exposure. AIFD charges 0.75%/yr vs 0.08%/yr for FTEC.

Performance

AIFD vs. FTEC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TCW Artificial Intelligence ETF (AIFD) and Fidelity MSCI Information Technology Index ETF (FTEC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIFD achieves a 39.56% return, which is significantly higher than FTEC's 23.56% return.

AIFD

• 1D: -4.95%
• 1M: 2.31%
• YTD: 39.56%
• 6M: 37.82%
• 1Y: 79.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FTEC

• 1D: -3.70%
• 1M: 0.35%
• YTD: 23.56%
• 6M: 21.69%
• 1Y: 47.58%
• 3Y*: 30.58%
• 5Y*: 19.77%
• 10Y*: 25.28%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AIFD vs. FTEC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AIFD TCW Artificial Intelligence ETF	39.56%	28.30%	15.22%
FTEC Fidelity MSCI Information Technology Index ETF	23.56%	22.11%	22.58%

Correlation

The correlation between AIFD and FTEC is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (All Time) Calculated using the full available price history since May 6, 2024	0.93

The correlation between AIFD and FTEC has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.

AIFD vs. FTEC - Sectors Allocation Comparison

Sectors	AIFD	FTEC
Technology	73.2%	98.3%
Communication Services	11.0%	0.0%
Industrials	9.8%	0.6%
Consumer Cyclical	6.0%	0.0%
Basic Materials	-	0.0%
Consumer Defensive	-	-
Energy	-	0.3%
Financial Services	-	0.6%
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

AIFD vs. FTEC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AIFD

AIFD Risk / Return Rank: 88
AIFD Sharpe Ratio Rank: 91
AIFD Sortino Ratio Rank: 81
AIFD Omega Ratio Rank: 82
AIFD Calmar Ratio Rank: 94
AIFD Martin Ratio Rank: 94

FTEC

FTEC Risk / Return Rank: 60
FTEC Sharpe Ratio Rank: 67
FTEC Sortino Ratio Rank: 57
FTEC Omega Ratio Rank: 59
FTEC Calmar Ratio Rank: 62
FTEC Martin Ratio Rank: 54

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AIFD vs. FTEC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TCW Artificial Intelligence ETF (AIFD) and Fidelity MSCI Information Technology Index ETF (FTEC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AIFD	FTEC	Difference
Sharpe ratio: Return per unit of total volatility	2.88	2.10	+0.78
Sortino ratio: Return per unit of downside risk	3.31	2.63	+0.68
Omega ratio: Gain probability vs. loss probability	1.45	1.35	+0.10
Calmar ratio: Return relative to maximum drawdown	6.80	2.94	+3.86
Martin ratio: Return relative to average drawdown	25.05	9.03	+16.02

AIFD vs. FTEC - Sharpe Ratio Comparison

The current AIFD Sharpe Ratio is 2.88, which is higher than the FTEC Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of AIFD and FTEC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AIFD vs. FTEC - Drawdown Comparison

The maximum AIFD drawdown since its inception was -33.20%, smaller than the maximum FTEC drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for AIFD and FTEC.

Drawdown Indicators

	AIFD	FTEC	Difference
Max Drawdown Largest peak-to-trough decline	-33.20%	-34.95%	+1.75%
Max Drawdown (1Y) Largest decline over 1 year	-11.75%	-16.26%	+4.51%
Max Drawdown (3Y) Largest decline over 3 years	—	-27.30%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-34.95%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.95%	—
Current Drawdown Current decline from peak	-8.46%	-7.72%	-0.74%
Average Drawdown Average peak-to-trough decline	-5.73%	-5.57%	-0.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.19%	5.28%	-2.09%

Volatility

AIFD vs. FTEC - Volatility Comparison

TCW Artificial Intelligence ETF (AIFD) has a higher volatility of 13.42% compared to Fidelity MSCI Information Technology Index ETF (FTEC) at 11.42%. This indicates that AIFD's price experiences larger fluctuations and is considered to be riskier than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIFD	FTEC	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.42%	11.42%	+2.00%
Volatility (6M) Calculated over the trailing 6-month period	22.17%	18.65%	+3.52%
Volatility (1Y) Calculated over the trailing 1-year period	27.76%	22.79%	+4.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.99%	25.60%	+4.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.99%	24.86%	+5.13%

AIFD vs. FTEC - Expense Ratio Comparison

AIFD has a 0.75% expense ratio, which is higher than FTEC's 0.08% expense ratio.

Dividends

AIFD vs. FTEC - Dividend Comparison

AIFD has not paid dividends to shareholders, while FTEC's dividend yield for the trailing twelve months is around 0.36%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AIFD TCW Artificial Intelligence ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FTEC Fidelity MSCI Information Technology Index ETF	0.36%	0.43%	0.49%	0.77%	0.93%	0.63%	0.83%	1.03%	1.20%	0.96%	1.25%	1.27%

Frequently Asked Questions

Can I hold both AIFD and FTEC in my portfolio?

With a correlation of 0.91, AIFD and FTEC move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, AIFD or FTEC?

AIFD has higher volatility (13.42%) compared to FTEC (11.42%). In terms of maximum drawdown, AIFD dropped -33.20% vs FTEC's -34.95%.

Which ETF is better, AIFD or FTEC?

On 1-year performance, AIFD leads with 79.52% vs 47.58% for FTEC. On fees, FTEC is cheaper at 0.08% per year. On volatility, FTEC has been the lower-risk option at 11.42%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AIFD or FTEC?

Over the 1-year period, AIFD has performed better with a 79.52% return vs 47.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AIFD or FTEC?

FTEC is cheaper with a 0.08% expense ratio, compared with 0.75% for AIFD.

Which ETF pays a higher dividend yield, AIFD or FTEC?

FTEC has the higher dividend yield at 0.36%, compared with 0.00% for AIFD.

What is the main difference between AIFD and FTEC?

They also come from different issuers: TCW and Fidelity. Their fees differ too: 0.75% for AIFD and 0.08% for FTEC.

Which has better risk-adjusted returns?

AIFD currently has the higher Sharpe Ratio (2.88 vs 2.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.