FLXR vs. AIFD

Last updated Apr 2, 2026

Compare and contrast key facts about TCW Flexible Income ETF (FLXR) and TCW Artificial Intelligence ETF (AIFD).

FLXR and AIFD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLXR is an actively managed fund by TCW. It was launched on Nov 30, 2018. AIFD is an actively managed fund by TCW. It was launched on Aug 31, 2017.

Performance

FLXR vs. AIFD - Performance Comparison

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

FLXR vs. AIFD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FLXR TCW Flexible Income ETF	0.20%	8.37%	4.77%
AIFD TCW Artificial Intelligence ETF	2.61%	28.30%	7.44%

Returns By Period

In the year-to-date period, FLXR achieves a 0.20% return, which is significantly lower than AIFD's 2.61% return.

FLXR

• 1D: 0.03%
• 1M: -0.53%
• YTD: 0.20%
• 6M: 1.42%
• 1Y: 5.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AIFD

• 1D: 5.59%
• 1M: -2.37%
• YTD: 2.61%
• 6M: 9.21%
• 1Y: 61.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FLXR vs. AIFD - Expense Ratio Comparison

FLXR has a 0.40% expense ratio, which is lower than AIFD's 0.75% expense ratio.

AIFD

TCW Artificial Intelligence ETF

FLXR

TCW Flexible Income ETF

Return for Risk

FLXR vs. AIFD — Risk / Return Rank

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

FLXR

FLXR Risk / Return Rank: 95
FLXR Sharpe Ratio Rank: 94
FLXR Sortino Ratio Rank: 95
FLXR Omega Ratio Rank: 95
FLXR Calmar Ratio Rank: 95
FLXR Martin Ratio Rank: 95

AIFD

AIFD Risk / Return Rank: 92
AIFD Sharpe Ratio Rank: 90
AIFD Sortino Ratio Rank: 90
AIFD Omega Ratio Rank: 89
AIFD Calmar Ratio Rank: 95
AIFD 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.

FLXR vs. AIFD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TCW Flexible Income ETF (FLXR) and TCW Artificial Intelligence ETF (AIFD). 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.

	FLXR	AIFD	Difference
Sharpe ratio Return per unit of total volatility	2.31	2.00	+0.30
Sortino ratio Return per unit of downside risk	3.19	2.63	+0.56
Omega ratio Gain probability vs. loss probability	1.47	1.37	+0.09
Calmar ratio Return relative to maximum drawdown	4.13	4.28	-0.15
Martin ratio Return relative to average drawdown	15.53	17.36	-1.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLXR vs. AIFD - Sharpe Ratio Comparison

The current FLXR Sharpe Ratio is 2.31, which is comparable to the AIFD Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of FLXR and AIFD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FLXR	AIFD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.31	2.00	+0.30
Sharpe Ratio (All Time) Calculated using the full available price history	2.69	0.83	+1.86

Correlation

The correlation between FLXR and AIFD is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

FLXR vs. AIFD - Dividend Comparison

FLXR's dividend yield for the trailing twelve months is around 5.68%, while AIFD has not paid dividends to shareholders.

	TTM	2025	2024
FLXR TCW Flexible Income ETF	5.68%	5.66%	3.44%
AIFD TCW Artificial Intelligence ETF	0.00%	0.00%	0.00%

Drawdowns

FLXR vs. AIFD - Drawdown Comparison

The maximum FLXR drawdown since its inception was -1.94%, smaller than the maximum AIFD drawdown of -33.20%. Use the drawdown chart below to compare losses from any high point for FLXR and AIFD.

Drawdown Indicators

	FLXR	AIFD	Difference
Max Drawdown Largest peak-to-trough decline	-1.94%	-33.20%	+31.26%
Max Drawdown (1Y) Largest decline over 1 year	-1.47%	-13.98%	+12.51%
Current Drawdown Current decline from peak	-0.88%	-4.64%	+3.76%
Average Drawdown Average peak-to-trough decline	-0.37%	-6.17%	+5.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.39%	3.45%	-3.06%

Volatility

FLXR vs. AIFD - Volatility Comparison

The current volatility for TCW Flexible Income ETF (FLXR) is 1.04%, while TCW Artificial Intelligence ETF (AIFD) has a volatility of 10.86%. This indicates that FLXR experiences smaller price fluctuations and is considered to be less risky than AIFD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLXR	AIFD	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.04%	10.86%	-9.82%
Volatility (6M) Calculated over the trailing 6-month period	1.60%	20.22%	-18.62%
Volatility (1Y) Calculated over the trailing 1-year period	2.55%	30.77%	-28.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.83%	29.32%	-26.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.83%	29.32%	-26.49%