HIDE vs. DWAT

Last updated Apr 1, 2026

Compare and contrast key facts about Alpha Architect High Inflation And Deflation ETF (HIDE) and Arrow DWA Tactical ETF (DWAT).

HIDE and DWAT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HIDE is an actively managed fund by Alpha Architect. It was launched on Nov 16, 2022. DWAT is an actively managed fund by Arrow Funds. It was launched on Oct 1, 2014.

Performance

HIDE vs. DWAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alpha Architect High Inflation And Deflation ETF (HIDE) and Arrow DWA Tactical ETF (DWAT). The values are adjusted to include any dividend payments, if applicable.

HIDE vs. DWAT - Yearly Performance Comparison

	2026 (YTD)
HIDE Alpha Architect High Inflation And Deflation ETF	2.76%
DWAT Arrow DWA Tactical ETF	0.00%

Returns By Period

HIDE

• 1D: 0.25%
• 1M: 0.33%
• YTD: 5.63%
• 6M: 6.93%
• 1Y: 8.64%
• 3Y*: 4.06%
• 5Y*: —
• 10Y*: —

DWAT

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HIDE vs. DWAT - Expense Ratio Comparison

HIDE has a 0.29% expense ratio, which is lower than DWAT's 1.66% expense ratio.

DWAT

Arrow DWA Tactical ETF

HIDE

Alpha Architect High Inflation And Deflation ETF

Return for Risk

HIDE vs. DWAT — Risk / Return Rank

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

HIDE

HIDE Risk / Return Rank: 85
HIDE Sharpe Ratio Rank: 84
HIDE Sortino Ratio Rank: 85
HIDE Omega Ratio Rank: 85
HIDE Calmar Ratio Rank: 83
HIDE Martin Ratio Rank: 88

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.

HIDE vs. DWAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alpha Architect High Inflation And Deflation ETF (HIDE) and Arrow DWA Tactical ETF (DWAT). 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.

	HIDE	DWAT	Difference
Sharpe ratio Return per unit of total volatility	1.65	—	—
Sortino ratio Return per unit of downside risk	2.27	—	—
Omega ratio Gain probability vs. loss probability	1.33	—	—
Calmar ratio Return relative to maximum drawdown	2.34	—	—
Martin ratio Return relative to average drawdown	10.57	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	HIDE	DWAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.65	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	—	—

Dividends

HIDE vs. DWAT - Dividend Comparison

HIDE's dividend yield for the trailing twelve months is around 3.00%, while DWAT has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022
HIDE Alpha Architect High Inflation And Deflation ETF	3.00%	3.16%	2.86%	3.90%	6.25%
DWAT Arrow DWA Tactical ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

HIDE vs. DWAT - Drawdown Comparison

The maximum HIDE drawdown since its inception was -5.15%, which is greater than DWAT's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for HIDE and DWAT.

Drawdown Indicators

	HIDE	DWAT	Difference
Max Drawdown Largest peak-to-trough decline	-5.15%	0.00%	-5.15%
Max Drawdown (1Y) Largest decline over 1 year	-3.94%	—	—
Current Drawdown Current decline from peak	-0.93%	0.00%	-0.93%
Average Drawdown Average peak-to-trough decline	-0.96%	0.00%	-0.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.87%	—	—

Volatility

Volatility by Period

	HIDE	DWAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.91%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.71%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.29%	0.00%	+5.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.24%	0.00%	+4.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.24%	0.00%	+4.24%