AIFD vs. WNTR

Last updated Aug 2, 2026

AIFD (TCW Artificial Intelligence ETF) and WNTR (YieldMax MSTR Short Option Income Strategy ETF) are both exchange-traded funds - AIFD is a Artificial Intelligence fund actively managed by TCW, while WNTR is a Derivative Income fund actively managed by YieldMax. Both are actively managed. Over the past year, AIFD returned 55.82% vs 107.38% for WNTR. Their -0.41 correlation means they have often moved in opposite directions in the past. AIFD charges 0.75%/yr vs 1.00%/yr for WNTR.

Performance

AIFD vs. WNTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TCW Artificial Intelligence ETF (AIFD) and YieldMax MSTR Short Option Income Strategy ETF (WNTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIFD achieves a 30.44% return, which is significantly higher than WNTR's 10.75% return.

AIFD

• 1D: 1.48%
• 1M: -5.02%
• 6M: 27.69%
• YTD: 30.44%
• 1Y: 55.82%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 34.17%

WNTR

• 1D: 3.26%
• 1M: 8.13%
• 6M: 14.92%
• YTD: 10.75%
• 1Y: 107.38%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 47.89%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AIFD TCW Artificial Intelligence ETF	$710.64K	$728.72K	$1.19M
WNTR YieldMax MSTR Short Option Income Strategy ETF	$4.02M	$3.86M	$3.95M

AIFD vs. WNTR - Yearly Performance Comparison

	2026 (YTD)	2025
AIFD TCW Artificial Intelligence ETF	30.44%	48.84%
WNTR YieldMax MSTR Short Option Income Strategy ETF	10.75%	52.78%

Correlation

The correlation between AIFD and WNTR is -0.41, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.41
Correlation (All Time) Calculated using the full available price history since Mar 27, 2025	-0.41

Return for Risk

AIFD vs. WNTR — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AIFD

AIFD Risk / Return Rank: 73
AIFD Sharpe Ratio Rank: 76
AIFD Sortino Ratio Rank: 69
AIFD Omega Ratio Rank: 67
AIFD Calmar Ratio Rank: 74
AIFD Martin Ratio Rank: 81

WNTR

WNTR Risk / Return Rank: 75
WNTR Sharpe Ratio Rank: 88
WNTR Sortino Ratio Rank: 74
WNTR Omega Ratio Rank: 77
WNTR Calmar Ratio Rank: 77
WNTR Martin Ratio Rank: 58

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AIFD vs. WNTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TCW Artificial Intelligence ETF (AIFD) and YieldMax MSTR Short Option Income Strategy ETF (WNTR). 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	WNTR	Difference
Sharpe ratio: Return per unit of total volatility	1.73	2.12	-0.38
Sortino ratio: Return per unit of downside risk	2.24	2.37	-0.13
Omega ratio: Gain probability vs. loss probability	1.28	1.32	-0.03
Calmar ratio: Return relative to maximum drawdown	2.60	2.71	-0.11
Martin ratio: Return relative to average drawdown	10.64	6.87	+3.77

AIFD vs. WNTR - Sharpe Ratio Comparison

The current AIFD Sharpe Ratio is 1.73, which is comparable to the WNTR Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of AIFD and WNTR, 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. WNTR - Drawdown Comparison

The maximum AIFD drawdown since its inception was -33.20%, smaller than the maximum WNTR drawdown of -42.65%. Use the drawdown chart below to compare losses from any high point for AIFD and WNTR.

Drawdown Indicators

	AIFD	WNTR	Difference
Max Drawdown Largest peak-to-trough decline	-33.20%	-42.65%	+9.45%
Max Drawdown (1Y) Largest decline over 1 year	-20.22%	-42.65%	+22.43%
Current Drawdown Current decline from peak	-14.44%	-9.64%	-4.80%
Average Drawdown Average peak-to-trough decline	-5.98%	-20.18%	+14.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.93%	16.81%	-11.88%

Volatility

AIFD vs. WNTR - Volatility Comparison

The current volatility for TCW Artificial Intelligence ETF (AIFD) is 11.69%, while YieldMax MSTR Short Option Income Strategy ETF (WNTR) has a volatility of 14.85%. This indicates that AIFD experiences smaller price fluctuations and is considered to be less risky than WNTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIFD	WNTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.69%	14.85%	-3.16%
Volatility (6M) Calculated over the trailing 6-month period	25.06%	47.43%	-22.37%
Volatility (1Y) Calculated over the trailing 1-year period	30.35%	54.68%	-24.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.57%	53.42%	-22.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.57%	53.42%	-22.85%

AIFD vs. WNTR - Expense Ratio Comparison

AIFD has a 0.75% expense ratio, which is lower than WNTR's 1.00% expense ratio.

Dividends

AIFD vs. WNTR - Dividend Comparison

AIFD has not paid dividends to shareholders, while WNTR's dividend yield for the trailing twelve months is around 107.02%.

Position	TTM	2025
AIFD TCW Artificial Intelligence ETF	0.00%	0.00%
WNTR YieldMax MSTR Short Option Income Strategy ETF	107.02%	58.56%

Frequently Asked Questions

Can I hold both AIFD and WNTR in my portfolio?

AIFD and WNTR have a correlation of -0.41, 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 WNTR?

WNTR has higher volatility (14.85%) compared to AIFD (11.69%). In terms of maximum drawdown, AIFD dropped -33.20% vs WNTR's -42.65%.

Which ETF is better, AIFD or WNTR?

On 1-year performance, WNTR leads with 107.38% vs 55.82% for AIFD. On fees, AIFD is cheaper at 0.75% per year. On volatility, AIFD has been the lower-risk option at 11.69%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AIFD or WNTR?

Over the 1-year period, WNTR has performed better with a 107.38% return vs 55.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AIFD or WNTR?

AIFD is cheaper with a 0.75% expense ratio, compared with 1.00% for WNTR.

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

WNTR has the higher dividend yield at 107.02%, compared with 0.00% for AIFD.

What is the main difference between AIFD and WNTR?

AIFD is categorized as Artificial Intelligence, while WNTR is Derivative Income. They also come from different issuers: TCW and YieldMax. Their fees differ too: 0.75% for AIFD and 1.00% for WNTR.

Which has better risk-adjusted returns?

WNTR currently has the higher Sharpe Ratio (2.12 vs 1.73), 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.