AIFD vs. HDV

Last updated Jul 12, 2026

AIFD (TCW Artificial Intelligence ETF) and HDV (iShares Core High Dividend ETF) are both exchange-traded funds - AIFD is a Technology Equities fund actively managed by TCW, while HDV is a Dividend fund tracking the Morningstar Dividend Yield Focus Index. AIFD is actively managed, while HDV is passively managed. Over the past year, AIFD returned 72.57% vs 19.24% for HDV. At a correlation of -0.08, they often move in opposite directions. AIFD charges 0.75%/yr vs 0.08%/yr for HDV.

Performance

AIFD vs. HDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TCW Artificial Intelligence ETF (AIFD) and iShares Core High Dividend ETF (HDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIFD achieves a 40.47% return, which is significantly higher than HDV's 15.36% return.

AIFD

• 1D: -0.55%
• 1M: -1.03%
• 6M: 38.12%
• YTD: 40.47%
• 1Y: 72.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HDV

• 1D: 0.44%
• 1M: 0.05%
• 6M: 13.47%
• YTD: 15.36%
• 1Y: 19.24%
• 3Y*: 15.04%
• 5Y*: 11.16%
• 10Y*: 9.03%

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

AIFD vs. HDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AIFD TCW Artificial Intelligence ETF	40.47%	28.30%	15.22%
HDV iShares Core High Dividend ETF	15.36%	11.90%	6.73%

Correlation

The correlation between AIFD and HDV is -0.20, 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 (1Y) Calculated over the trailing 1-year period	-0.21
Correlation (All Time) Calculated using the full available price history since May 6, 2024	-0.08

The correlation between AIFD and HDV shifts across timeframes, from -0.20 (1 year) to -0.08 (all time), reflecting how their relationship changes across market environments.

AIFD vs. HDV - Sectors Allocation Comparison

Sectors	AIFD	HDV
Technology	73.2%	0.2%
Communication Services	11.0%	5.2%
Industrials	9.8%	3.6%
Consumer Cyclical	6.0%	9.2%
Basic Materials	-	0.8%
Consumer Defensive	-	24.5%
Energy	-	19.6%
Financial Services	-	4.8%
Healthcare	-	23.7%
Real Estate	-	-
Utilities	-	8.2%

Return for Risk

AIFD vs. HDV — Risk / Return Rank

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

AIFD

AIFD Risk / Return Rank: 90
AIFD Sharpe Ratio Rank: 92
AIFD Sortino Ratio Rank: 84
AIFD Omega Ratio Rank: 84
AIFD Calmar Ratio Rank: 95
AIFD Martin Ratio Rank: 94

HDV

HDV Risk / Return Rank: 72
HDV Sharpe Ratio Rank: 69
HDV Sortino Ratio Rank: 74
HDV Omega Ratio Rank: 64
HDV Calmar Ratio Rank: 83
HDV Martin Ratio Rank: 68

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. HDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TCW Artificial Intelligence ETF (AIFD) and iShares Core High Dividend ETF (HDV). 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	HDV	Difference
Sharpe ratio: Return per unit of total volatility	2.54	1.79	+0.75
Sortino ratio: Return per unit of downside risk	2.98	2.67	+0.31
Omega ratio: Gain probability vs. loss probability	1.40	1.31	+0.09
Calmar ratio: Return relative to maximum drawdown	6.20	3.60	+2.60
Martin ratio: Return relative to average drawdown	19.98	9.85	+10.13

AIFD vs. HDV - Sharpe Ratio Comparison

The current AIFD Sharpe Ratio is 2.54, which is higher than the HDV Sharpe Ratio of 1.79. The chart below compares the historical Sharpe Ratios of AIFD and HDV, 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. HDV - Drawdown Comparison

The maximum AIFD drawdown since its inception was -33.20%, smaller than the maximum HDV drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for AIFD and HDV.

Drawdown Indicators

	AIFD	HDV	Difference
Max Drawdown Largest peak-to-trough decline	-33.20%	-37.04%	+3.84%
Max Drawdown (1Y) Largest decline over 1 year	-11.75%	-5.18%	-6.57%
Max Drawdown (3Y) Largest decline over 3 years	—	-10.49%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-15.42%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.04%	—
Current Drawdown Current decline from peak	-7.86%	-1.39%	-6.47%
Average Drawdown Average peak-to-trough decline	-5.78%	-3.07%	-2.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.64%	1.90%	+1.74%

Volatility

AIFD vs. HDV - Volatility Comparison

TCW Artificial Intelligence ETF (AIFD) has a higher volatility of 12.47% compared to iShares Core High Dividend ETF (HDV) at 4.51%. This indicates that AIFD's price experiences larger fluctuations and is considered to be riskier than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIFD	HDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.47%	4.51%	+7.96%
Volatility (6M) Calculated over the trailing 6-month period	23.54%	8.34%	+15.20%
Volatility (1Y) Calculated over the trailing 1-year period	28.76%	10.47%	+18.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.24%	12.88%	+17.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.24%	15.74%	+14.50%

AIFD vs. HDV - Expense Ratio Comparison

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

Dividends

AIFD vs. HDV - Dividend Comparison

AIFD has not paid dividends to shareholders, while HDV's dividend yield for the trailing twelve months is around 2.87%.

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%
HDV iShares Core High Dividend ETF	2.87%	3.22%	3.67%	3.82%	3.56%	3.47%	4.07%	3.27%	3.67%	3.27%	3.28%	3.92%

Frequently Asked Questions

Can I hold both AIFD and HDV in my portfolio?

AIFD and HDV have a correlation of -0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AIFD or HDV?

AIFD has higher volatility (12.47%) compared to HDV (4.51%). In terms of maximum drawdown, AIFD dropped -33.20% vs HDV's -37.04%.

Which ETF is better, AIFD or HDV?

On 1-year performance, AIFD leads with 72.57% vs 19.24% for HDV. On fees, HDV is cheaper at 0.08% per year. On volatility, HDV has been the lower-risk option at 4.51%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AIFD or HDV?

Over the 1-year period, AIFD has performed better with a 72.57% return vs 19.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AIFD or HDV?

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

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

HDV has the higher dividend yield at 2.87%, compared with 0.00% for AIFD.

What is the main difference between AIFD and HDV?

AIFD is categorized as Technology Equities, while HDV is Dividend. They also come from different issuers: TCW and iShares. Their fees differ too: 0.75% for AIFD and 0.08% for HDV.

Which has better risk-adjusted returns?

AIFD currently has the higher Sharpe Ratio (2.54 vs 1.79), 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.