MOTO vs. DWAT

Last updated Jun 4, 2026

MOTO (SmartETFs Smart Transportation & Technology ETF) and DWAT (Arrow DWA Tactical: Macro ETF) are both exchange-traded funds - MOTO is a Transportation Equities fund actively managed by Guinness Atkinson Asset Management, while DWAT is a Tactical Allocation fund actively managed by Arrow Funds. Both are actively managed. MOTO charges 0.68%/yr vs 1.83%/yr for DWAT.

Performance

MOTO vs. DWAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SmartETFs Smart Transportation & Technology ETF (MOTO) and Arrow DWA Tactical: Macro ETF (DWAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MOTO

• 1D: 0.12%
• 1M: 8.20%
• YTD: 31.51%
• 6M: 31.39%
• 1Y: 58.32%
• 3Y*: 21.21%
• 5Y*: 10.48%
• 10Y*: —

DWAT

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

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

MOTO vs. DWAT - Yearly Performance Comparison

	2026 (YTD)
MOTO SmartETFs Smart Transportation & Technology ETF	20.75%
DWAT Arrow DWA Tactical: Macro ETF	0.00%

MOTO vs. DWAT - Sectors Allocation Comparison

Sectors	MOTO	DWAT
Technology	45.6%	10.2%
Consumer Cyclical	23.5%	5.2%
Industrials	12.8%	25.1%
Communication Services	4.4%	3.4%
Basic Materials	3.8%	2.6%
Consumer Defensive	2.3%	6.5%
Financial Services	1.0%	27.2%
Utilities	0.7%	5.3%
Energy	-	4.2%
Healthcare	-	5.3%
Real Estate	-	5.1%

Return for Risk

MOTO vs. DWAT — Risk / Return Rank

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

MOTO

MOTO Risk / Return Rank: 81
MOTO Sharpe Ratio Rank: 84
MOTO Sortino Ratio Rank: 80
MOTO Omega Ratio Rank: 77
MOTO Calmar Ratio Rank: 83
MOTO Martin Ratio Rank: 80

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.

MOTO vs. DWAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SmartETFs Smart Transportation & Technology ETF (MOTO) and Arrow DWA Tactical: Macro 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.

	MOTO	DWAT	Difference
Sharpe ratio: Return per unit of total volatility	2.77	—	—
Sortino ratio: Return per unit of downside risk	3.60	—	—
Omega ratio: Gain probability vs. loss probability	1.46	—	—
Calmar ratio: Return relative to maximum drawdown	4.39	—	—
Martin ratio: Return relative to average drawdown	15.67	—	—
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

	MOTO	DWAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.77	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.72	—	—

Drawdowns

MOTO vs. DWAT - Drawdown Comparison

The maximum MOTO drawdown since its inception was -38.24%, which is greater than DWAT's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for MOTO and DWAT.

Drawdown Indicators

	MOTO	DWAT	Difference
Max Drawdown Largest peak-to-trough decline	-38.24%	0.00%	-38.24%
Max Drawdown (1Y) Largest decline over 1 year	-13.36%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-26.43%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-37.34%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-9.97%	0.00%	-9.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.73%	—	—

Volatility

Volatility by Period

	MOTO	DWAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.63%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.74%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	21.18%	0.00%	+21.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.62%	0.00%	+23.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.30%	0.00%	+26.30%

MOTO vs. DWAT - Expense Ratio Comparison

MOTO has a 0.68% expense ratio, which is lower than DWAT's 1.83% expense ratio.

Dividends

MOTO vs. DWAT - Dividend Comparison

MOTO's dividend yield for the trailing twelve months is around 0.80%, while DWAT has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
DWAT Arrow DWA Tactical: Macro ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MOTO SmartETFs Smart Transportation & Technology ETF	0.80%	1.06%	1.07%	2.73%	2.33%	0.55%	2.71%

Frequently Asked Questions

Which ETF is better, MOTO or DWAT?

On fees, MOTO is cheaper at 0.68% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MOTO or DWAT?

MOTO is cheaper with a 0.68% expense ratio, compared with 1.83% for DWAT.

Which ETF pays a higher dividend yield, MOTO or DWAT?

MOTO has the higher dividend yield at 0.80%, compared with 0.00% for DWAT.

What is the main difference between MOTO and DWAT?

MOTO is categorized as Transportation Equities, while DWAT is Tactical Allocation. They also come from different issuers: Guinness Atkinson Asset Management and Arrow Funds. Their fees differ too: 0.68% for MOTO and 1.83% for DWAT.