TCAI vs. AIFD

Last updated Jun 3, 2026

TCAI (Tortoise AI Infrastructure ETF) and AIFD (TCW Artificial Intelligence ETF) are both Technology Equities funds. Both are actively managed. Their correlation of 0.83 suggests significant overlap in exposure. TCAI charges 0.65%/yr vs 0.75%/yr for AIFD.

Performance

TCAI vs. AIFD - Performance Comparison

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

Returns By Period

In the year-to-date period, TCAI achieves a 90.13% return, which is significantly higher than AIFD's 52.46% return.

TCAI

• 1D: 2.62%
• 1M: 22.37%
• YTD: 90.13%
• 6M: 84.31%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AIFD

• 1D: 3.28%
• 1M: 20.62%
• YTD: 52.46%
• 6M: 53.64%
• 1Y: 104.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TCAI vs. AIFD - Yearly Performance Comparison

	2026 (YTD)	2025
TCAI Tortoise AI Infrastructure ETF	90.13%	17.77%
AIFD TCW Artificial Intelligence ETF	52.46%	18.08%

Correlation

The correlation between TCAI and AIFD is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 6, 2025	0.83

TCAI vs. AIFD - Sectors Allocation Comparison

Sectors	TCAI	AIFD
Technology	44.0%	71.1%
Industrials	29.9%	10.2%
Utilities	11.1%	-
Financial Services	6.4%	-
Energy	6.1%	-
Consumer Cyclical	1.4%	6.1%
Communication Services	1.1%	11.0%
Real Estate	0.6%	-
Basic Materials	-	-
Consumer Defensive	-	-
Healthcare	-	-

Return for Risk

TCAI vs. AIFD — Risk / Return Rank

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

AIFD

AIFD Risk / Return Rank: 94
AIFD Sharpe Ratio Rank: 96
AIFD Sortino Ratio Rank: 92
AIFD Omega Ratio Rank: 91
AIFD Calmar Ratio Rank: 96
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.

TCAI vs. AIFD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tortoise AI Infrastructure ETF (TCAI) 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.

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

Sharpe Ratios by Period

	TCAI	AIFD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	4.13	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.66	1.64	+3.02

Drawdowns

TCAI vs. AIFD - Drawdown Comparison

The maximum TCAI drawdown since its inception was -15.80%, smaller than the maximum AIFD drawdown of -33.20%. Use the drawdown chart below to compare losses from any high point for TCAI and AIFD.

Drawdown Indicators

	TCAI	AIFD	Difference
Max Drawdown Largest peak-to-trough decline	-15.80%	-33.20%	+17.40%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.75%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-3.45%	-5.73%	+2.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.77%	—

Volatility

Volatility by Period

	TCAI	AIFD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.66%	—
Volatility (6M) Calculated over the trailing 6-month period	—	19.75%	—
Volatility (1Y) Calculated over the trailing 1-year period	35.90%	25.48%	+10.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.90%	29.34%	+6.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.90%	29.34%	+6.56%

TCAI vs. AIFD - Expense Ratio Comparison

TCAI has a 0.65% expense ratio, which is lower than AIFD's 0.75% expense ratio.

Dividends

TCAI vs. AIFD - Dividend Comparison

TCAI's dividend yield for the trailing twelve months is around 0.03%, while AIFD has not paid dividends to shareholders.

Position	TTM	2025
AIFD TCW Artificial Intelligence ETF	0.00%	0.00%
TCAI Tortoise AI Infrastructure ETF	0.03%	0.05%

Frequently Asked Questions

Can I hold both TCAI and AIFD in my portfolio?

TCAI and AIFD have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TCAI or AIFD?

On fees, TCAI is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TCAI or AIFD?

TCAI is cheaper with a 0.65% expense ratio, compared with 0.75% for AIFD.

Which ETF pays a higher dividend yield, TCAI or AIFD?

TCAI has the higher dividend yield at 0.03%, compared with 0.00% for AIFD.

What is the main difference between TCAI and AIFD?

They also come from different issuers: Tortoise and TCW. Their fees differ too: 0.65% for TCAI and 0.75% for AIFD.