NETZ vs. AIRR
Compare and contrast key facts about TCW Transform Systems ETF (NETZ) and First Trust RBA American Industrial Renaissance ETF (AIRR).
NETZ and AIRR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NETZ is an actively managed fund by TCW. It was launched on Feb 2, 2022. AIRR is a passively managed fund by First Trust that tracks the performance of the Richard Bernstein Advisors American Industrial Renaissance (TR). It was launched on Mar 10, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NETZ or AIRR.
Correlation
The correlation between NETZ and AIRR is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
NETZ vs. AIRR - Performance Comparison
Key characteristics
NETZ:
1.71
AIRR:
1.21
NETZ:
2.12
AIRR:
1.77
NETZ:
1.31
AIRR:
1.22
NETZ:
3.05
AIRR:
2.67
NETZ:
8.95
AIRR:
5.81
NETZ:
3.54%
AIRR:
5.03%
NETZ:
18.49%
AIRR:
24.05%
NETZ:
-21.50%
AIRR:
-42.37%
NETZ:
-5.27%
AIRR:
-9.91%
Returns By Period
In the year-to-date period, NETZ achieves a 8.56% return, which is significantly higher than AIRR's 0.61% return.
NETZ
8.56%
-1.02%
15.16%
27.96%
N/A
N/A
AIRR
0.61%
-5.68%
10.88%
28.12%
21.83%
15.98%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
NETZ vs. AIRR - Expense Ratio Comparison
NETZ has a 0.75% expense ratio, which is higher than AIRR's 0.70% expense ratio.
Risk-Adjusted Performance
NETZ vs. AIRR — Risk-Adjusted Performance Rank
NETZ
AIRR
NETZ vs. AIRR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TCW Transform Systems ETF (NETZ) and First Trust RBA American Industrial Renaissance ETF (AIRR). 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.
Dividends
NETZ vs. AIRR - Dividend Comparison
NETZ's dividend yield for the trailing twelve months is around 0.46%, more than AIRR's 0.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NETZ TCW Transform Systems ETF | 0.46% | 0.49% | 0.78% | 0.91% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AIRR First Trust RBA American Industrial Renaissance ETF | 0.18% | 0.18% | 0.23% | 0.12% | 0.05% | 0.10% | 0.20% | 0.43% | 0.30% | 0.08% | 0.47% | 0.37% |
Drawdowns
NETZ vs. AIRR - Drawdown Comparison
The maximum NETZ drawdown since its inception was -21.50%, smaller than the maximum AIRR drawdown of -42.37%. Use the drawdown chart below to compare losses from any high point for NETZ and AIRR. For additional features, visit the drawdowns tool.
Volatility
NETZ vs. AIRR - Volatility Comparison
TCW Transform Systems ETF (NETZ) has a higher volatility of 10.28% compared to First Trust RBA American Industrial Renaissance ETF (AIRR) at 7.38%. This indicates that NETZ's price experiences larger fluctuations and is considered to be riskier than AIRR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.