PLGI vs. DWAT

Last updated Jun 4, 2026

PLGI (PL Growth and Income ETF) and DWAT (Arrow DWA Tactical: Macro ETF) are both Tactical Allocation funds. Both are actively managed. PLGI charges 1.25%/yr vs 1.83%/yr for DWAT.

Performance

PLGI vs. DWAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PL Growth and Income ETF (PLGI) and Arrow DWA Tactical: Macro ETF (DWAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PLGI

• 1D: -0.87%
• 1M: -1.54%
• YTD: -1.62%
• 6M: —
• 1Y: —
• 3Y*: —
• 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)

PLGI vs. DWAT - Yearly Performance Comparison

	2026 (YTD)
PLGI PL Growth and Income ETF	-2.16%
DWAT Arrow DWA Tactical: Macro ETF	0.00%

Return for Risk

PLGI vs. DWAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PL Growth and Income ETF (PLGI) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	PLGI	DWAT	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.42	—	—

Drawdowns

PLGI vs. DWAT - Drawdown Comparison

The maximum PLGI drawdown since its inception was -7.26%, which is greater than DWAT's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for PLGI and DWAT.

Drawdown Indicators

	PLGI	DWAT	Difference
Max Drawdown Largest peak-to-trough decline	-7.26%	0.00%	-7.26%
Current Drawdown Current decline from peak	-3.69%	0.00%	-3.69%
Average Drawdown Average peak-to-trough decline	-2.59%	0.00%	-2.59%

Volatility

Volatility by Period

	PLGI	DWAT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	12.74%	0.00%	+12.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.74%	0.00%	+12.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.74%	0.00%	+12.74%

PLGI vs. DWAT - Expense Ratio Comparison

PLGI has a 1.25% expense ratio, which is lower than DWAT's 1.83% expense ratio.

Dividends

PLGI vs. DWAT - Dividend Comparison

PLGI's dividend yield for the trailing twelve months is around 0.02%, while DWAT has not paid dividends to shareholders.

Position	TTM
DWAT Arrow DWA Tactical: Macro ETF	0.00%
PLGI PL Growth and Income ETF	0.02%

Frequently Asked Questions

Which ETF is better, PLGI or DWAT?

On fees, PLGI is cheaper at 1.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PLGI or DWAT?

PLGI is cheaper with a 1.25% expense ratio, compared with 1.83% for DWAT.

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

PLGI has the higher dividend yield at 0.02%, compared with 0.00% for DWAT.

What is the main difference between PLGI and DWAT?

They also come from different issuers: Shalva Asset Management and Arrow Funds. Their fees differ too: 1.25% for PLGI and 1.83% for DWAT.