AIFD vs. GQGU

Last updated Jun 20, 2026

AIFD (TCW Artificial Intelligence ETF) and GQGU (GQG US Equity ETF) are both exchange-traded funds - AIFD is a Technology Equities fund actively managed by TCW, while GQGU is a Large Cap Growth Equities fund actively managed by GQG Partners. Both are actively managed. At a correlation of -0.34, they often move in opposite directions. AIFD charges 0.75%/yr vs 0.49%/yr for GQGU.

Performance

AIFD vs. GQGU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TCW Artificial Intelligence ETF (AIFD) and GQG US Equity ETF (GQGU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIFD achieves a 46.89% return, which is significantly higher than GQGU's 2.40% return.

AIFD

• 1D: 2.62%
• 1M: 11.11%
• YTD: 46.89%
• 6M: 47.79%
• 1Y: 88.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GQGU

• 1D: -0.95%
• 1M: -5.70%
• YTD: 2.40%
• 6M: 3.53%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AIFD vs. GQGU - Yearly Performance Comparison

	2026 (YTD)	2025
AIFD TCW Artificial Intelligence ETF	46.89%	22.85%
GQGU GQG US Equity ETF	2.40%	-1.12%

Correlation

The correlation between AIFD and GQGU is -0.34, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 14, 2025	-0.34

Return for Risk

AIFD vs. GQGU — Risk / Return Rank

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

AIFD

AIFD Risk / Return Rank: 91
AIFD Sharpe Ratio Rank: 94
AIFD Sortino Ratio Rank: 87
AIFD Omega Ratio Rank: 86
AIFD Calmar Ratio Rank: 95
AIFD Martin Ratio Rank: 95

GQGU

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. GQGU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TCW Artificial Intelligence ETF (AIFD) and GQG US Equity ETF (GQGU). 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	GQGU	Difference
Sharpe ratio: Return per unit of total volatility	3.27	—	—
Sortino ratio: Return per unit of downside risk	3.69	—	—
Omega ratio: Gain probability vs. loss probability	1.50	—	—
Calmar ratio: Return relative to maximum drawdown	7.59	—	—
Martin ratio: Return relative to average drawdown	28.41	—	—

Drawdowns

AIFD vs. GQGU - Drawdown Comparison

The maximum AIFD drawdown since its inception was -33.20%, which is greater than GQGU's maximum drawdown of -8.41%. Use the drawdown chart below to compare losses from any high point for AIFD and GQGU.

Drawdown Indicators

	AIFD	GQGU	Difference
Max Drawdown Largest peak-to-trough decline	-33.20%	-8.41%	-24.79%
Max Drawdown (1Y) Largest decline over 1 year	-11.75%	—	—
Current Drawdown Current decline from peak	-3.66%	-8.41%	+4.75%
Average Drawdown Average peak-to-trough decline	-5.73%	-2.67%	-3.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.13%	—	—

Volatility

Volatility by Period

	AIFD	GQGU	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.47%	—	—
Volatility (6M) Calculated over the trailing 6-month period	21.74%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	27.31%	10.39%	+16.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.84%	10.39%	+19.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.84%	10.39%	+19.45%

AIFD vs. GQGU - Expense Ratio Comparison

AIFD has a 0.75% expense ratio, which is higher than GQGU's 0.49% expense ratio.

Dividends

AIFD vs. GQGU - Dividend Comparison

AIFD has not paid dividends to shareholders, while GQGU's dividend yield for the trailing twelve months is around 0.99%.

Position	TTM	2025
AIFD TCW Artificial Intelligence ETF	0.00%	0.00%
GQGU GQG US Equity ETF	0.99%	1.02%

Frequently Asked Questions

Can I hold both AIFD and GQGU in my portfolio?

AIFD and GQGU have a correlation of -0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AIFD or GQGU?

On fees, GQGU is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AIFD or GQGU?

GQGU is cheaper with a 0.49% expense ratio, compared with 0.75% for AIFD.

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

GQGU has the higher dividend yield at 0.99%, compared with 0.00% for AIFD.

What is the main difference between AIFD and GQGU?

AIFD is categorized as Technology Equities, while GQGU is Large Cap Growth Equities. They also come from different issuers: TCW and GQG Partners. Their fees differ too: 0.75% for AIFD and 0.49% for GQGU.