AIFD vs. SHOC

Last updated Jun 4, 2026

AIFD (TCW Artificial Intelligence ETF) and SHOC (Strive U.S. Semiconductor ETF) are both exchange-traded funds - AIFD is a Technology Equities fund actively managed by TCW, while SHOC is a Semiconductors fund tracking the Bloomberg US Listed Semiconductors Select Index - Benchmark TR Gross. AIFD is actively managed, while SHOC is passively managed. Over the past year, AIFD returned 98.66% vs 149.45% for SHOC. Their correlation of 0.87 suggests significant overlap in exposure. AIFD charges 0.75%/yr vs 0.40%/yr for SHOC.

Performance

AIFD vs. SHOC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TCW Artificial Intelligence ETF (AIFD) and Strive U.S. Semiconductor ETF (SHOC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIFD achieves a 49.97% return, which is significantly lower than SHOC's 73.38% return.

AIFD

• 1D: -1.63%
• 1M: 17.54%
• YTD: 49.97%
• 6M: 50.25%
• 1Y: 98.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SHOC

• 1D: 0.94%
• 1M: 25.12%
• YTD: 73.38%
• 6M: 70.44%
• 1Y: 149.45%
• 3Y*: 53.55%
• 5Y*: —
• 10Y*: —

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

AIFD vs. SHOC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AIFD TCW Artificial Intelligence ETF	49.97%	28.30%	14.65%
SHOC Strive U.S. Semiconductor ETF	73.38%	49.91%	5.66%

Correlation

The correlation between AIFD and SHOC is 0.83, 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	0.83
Correlation (All Time) Calculated using the full available price history since May 7, 2024	0.87

The correlation between AIFD and SHOC has been stable across timeframes, ranging from 0.83 to 0.87 - a consistent structural relationship.

AIFD vs. SHOC - Sectors Allocation Comparison

Sectors	AIFD	SHOC
Technology	71.1%	100.0%
Communication Services	11.0%	-
Industrials	10.2%	-
Consumer Cyclical	6.1%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

AIFD vs. SHOC — Risk / Return Rank

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

AIFD

AIFD Risk / Return Rank: 93
AIFD Sharpe Ratio Rank: 95
AIFD Sortino Ratio Rank: 91
AIFD Omega Ratio Rank: 90
AIFD Calmar Ratio Rank: 95
AIFD Martin Ratio Rank: 96

SHOC

SHOC Risk / Return Rank: 95
SHOC Sharpe Ratio Rank: 97
SHOC Sortino Ratio Rank: 94
SHOC Omega Ratio Rank: 93
SHOC Calmar Ratio Rank: 97
SHOC Martin Ratio Rank: 96

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. SHOC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TCW Artificial Intelligence ETF (AIFD) and Strive U.S. Semiconductor ETF (SHOC). 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.

	AIFD	SHOC	Difference
Sharpe ratio: Return per unit of total volatility	3.89	4.78	-0.89
Sortino ratio: Return per unit of downside risk	4.36	4.84	-0.49
Omega ratio: Gain probability vs. loss probability	1.58	1.66	-0.08
Calmar ratio: Return relative to maximum drawdown	8.44	10.30	-1.86
Martin ratio: Return relative to average drawdown	35.74	38.30	-2.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AIFD vs. SHOC - Sharpe Ratio Comparison

The current AIFD Sharpe Ratio is 3.89, which is comparable to the SHOC Sharpe Ratio of 4.78. The chart below compares the historical Sharpe Ratios of AIFD and SHOC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AIFD	SHOC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.89	4.78	-0.89
Sharpe Ratio (All Time) Calculated using the full available price history	1.59	1.55	+0.04

Drawdowns

AIFD vs. SHOC - Drawdown Comparison

The maximum AIFD drawdown since its inception was -33.20%, smaller than the maximum SHOC drawdown of -37.54%. Use the drawdown chart below to compare losses from any high point for AIFD and SHOC.

Drawdown Indicators

	AIFD	SHOC	Difference
Max Drawdown Largest peak-to-trough decline	-33.20%	-37.54%	+4.34%
Max Drawdown (1Y) Largest decline over 1 year	-11.75%	-14.59%	+2.84%
Max Drawdown (3Y) Largest decline over 3 years	—	-37.54%	—
Current Drawdown Current decline from peak	-1.63%	0.00%	-1.63%
Average Drawdown Average peak-to-trough decline	-5.73%	-7.47%	+1.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.77%	3.92%	-1.15%

Volatility

AIFD vs. SHOC - Volatility Comparison

The current volatility for TCW Artificial Intelligence ETF (AIFD) is 9.02%, while Strive U.S. Semiconductor ETF (SHOC) has a volatility of 11.47%. This indicates that AIFD experiences smaller price fluctuations and is considered to be less risky than SHOC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIFD	SHOC	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.02%	11.47%	-2.45%
Volatility (6M) Calculated over the trailing 6-month period	19.84%	24.61%	-4.77%
Volatility (1Y) Calculated over the trailing 1-year period	25.54%	31.53%	-5.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.34%	35.16%	-5.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.34%	35.16%	-5.82%

AIFD vs. SHOC - Expense Ratio Comparison

AIFD has a 0.75% expense ratio, which is higher than SHOC's 0.40% expense ratio.

Dividends

AIFD vs. SHOC - Dividend Comparison

AIFD has not paid dividends to shareholders, while SHOC's dividend yield for the trailing twelve months is around 0.14%.

Position	TTM	2025	2024	2023	2022
AIFD TCW Artificial Intelligence ETF	0.00%	0.00%	0.00%	0.00%	0.00%
SHOC Strive U.S. Semiconductor ETF	0.14%	0.23%	0.35%	0.65%	0.24%

Frequently Asked Questions

Can I hold both AIFD and SHOC in my portfolio?

AIFD and SHOC have a correlation of 0.83, 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 SHOC?

SHOC has higher volatility (11.47%) compared to AIFD (9.02%). In terms of maximum drawdown, AIFD dropped -33.20% vs SHOC's -37.54%.

Which ETF is better, AIFD or SHOC?

On 1-year performance, SHOC leads with 149.45% vs 98.66% for AIFD. On fees, SHOC is cheaper at 0.40% per year. On volatility, AIFD has been the lower-risk option at 9.02%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AIFD or SHOC?

Over the 1-year period, SHOC has performed better with a 149.45% return vs 98.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AIFD or SHOC?

SHOC is cheaper with a 0.40% expense ratio, compared with 0.75% for AIFD.

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

SHOC has the higher dividend yield at 0.14%, compared with 0.00% for AIFD.

What is the main difference between AIFD and SHOC?

AIFD is categorized as Technology Equities, while SHOC is Semiconductors. They also come from different issuers: TCW and Strive. Their fees differ too: 0.75% for AIFD and 0.40% for SHOC.

Which has better risk-adjusted returns?

SHOC currently has the higher Sharpe Ratio (4.78 vs 3.89), 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.