TCAI vs. TRFK

Last updated Aug 2, 2026

TCAI (Tortoise AI Infrastructure ETF) and TRFK (Pacer Data and Digital Revolution ETF) are both exchange-traded funds - TCAI is a Artificial Intelligence fund actively managed by Tortoise, while TRFK is a Technology Equities fund tracking the Pacer Data Transmission and Communication Revolution Index - Benchmark TR Net. TCAI is actively managed, while TRFK is passively managed. Their correlation of 0.84 means they have usually moved in the same direction. TCAI charges 0.65%/yr vs 0.60%/yr for TRFK.

Performance

TCAI vs. TRFK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tortoise AI Infrastructure ETF (TCAI) and Pacer Data and Digital Revolution ETF (TRFK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TCAI achieves a 55.27% return, which is significantly higher than TRFK's 39.17% return.

TCAI

• 1D: -0.41%
• 1M: -7.41%
• 6M: 37.28%
• YTD: 55.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

TRFK

• 1D: 0.48%
• 1M: -7.73%
• 6M: 37.75%
• YTD: 39.17%
• 1Y: 47.45%
• 3Y*: 39.62%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 36.56%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TCAI Tortoise AI Infrastructure ETF	$4.79M	$5.54M	$6.96M
TRFK Pacer Data and Digital Revolution ETF	$17.52M	$18.57M	$19.27M

TCAI vs. TRFK - Yearly Performance Comparison

	2026 (YTD)	2025
TCAI Tortoise AI Infrastructure ETF	55.27%	17.27%
TRFK Pacer Data and Digital Revolution ETF	39.17%	3.53%

Correlation

The correlation between TCAI and TRFK is 0.84, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 5, 2025	0.84

TCAI vs. TRFK - Sectors Allocation Comparison

Sectors	TCAI	TRFK
Technology	44.4%	87.4%
Industrials	30.5%	12.0%
Utilities	9.8%	-
Financial Services	7.2%	-
Energy	3.9%	-
Communication Services	2.2%	0.6%
Consumer Cyclical	2.1%	-
Real Estate	0.6%	0.0%
Basic Materials	-	0.9%
Consumer Defensive	-	-
Healthcare	-	-

Return for Risk

TCAI vs. TRFK — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TCAI

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

TRFK

TRFK Risk / Return Rank: 46
TRFK Sharpe Ratio Rank: 48
TRFK Sortino Ratio Rank: 47
TRFK Omega Ratio Rank: 47
TRFK Calmar Ratio Rank: 47
TRFK Martin Ratio Rank: 43

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TCAI vs. TRFK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tortoise AI Infrastructure ETF (TCAI) and Pacer Data and Digital Revolution ETF (TRFK). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	TCAI	TRFK	Difference
Sharpe ratio: Return per unit of total volatility	—	1.19	—
Sortino ratio: Return per unit of downside risk	—	1.70	—
Omega ratio: Gain probability vs. loss probability	—	1.21	—
Calmar ratio: Return relative to maximum drawdown	—	1.68	—
Martin ratio: Return relative to average drawdown	—	4.55	—

Drawdowns

TCAI vs. TRFK - Drawdown Comparison

The maximum TCAI drawdown since its inception was -28.82%, roughly equal to the maximum TRFK drawdown of -29.06%. Use the drawdown chart below to compare losses from any high point for TCAI and TRFK.

Drawdown Indicators

	TCAI	TRFK	Difference
Max Drawdown Largest peak-to-trough decline	-28.82%	-29.06%	+0.24%
Max Drawdown (1Y) Largest decline over 1 year	—	-26.17%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-29.06%	—
Current Drawdown Current decline from peak	-20.91%	-19.81%	-1.10%
Average Drawdown Average peak-to-trough decline	-4.71%	-6.24%	+1.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	9.64%	—

Volatility

Volatility by Period

	TCAI	TRFK	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	17.07%	—
Volatility (6M) Calculated over the trailing 6-month period	—	32.10%	—
Volatility (1Y) Calculated over the trailing 1-year period	41.71%	36.82%	+4.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.71%	30.90%	+10.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.71%	30.90%	+10.81%

TCAI vs. TRFK - Expense Ratio Comparison

TCAI has a 0.65% expense ratio, which is higher than TRFK's 0.60% expense ratio.

Dividends

TCAI vs. TRFK - Dividend Comparison

TCAI's dividend yield for the trailing twelve months is around 0.03%, more than TRFK's 0.01% yield.

Position	TTM	2025	2024	2023	2022
TCAI Tortoise AI Infrastructure ETF	0.03%	0.05%	0.00%	0.00%	0.00%
TRFK Pacer Data and Digital Revolution ETF	0.01%	0.01%	0.40%	0.20%	0.56%

Frequently Asked Questions

Can I hold both TCAI and TRFK in my portfolio?

TCAI and TRFK have a correlation of 0.84, 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 TRFK?

On fees, TRFK is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TCAI or TRFK?

TRFK is cheaper with a 0.60% expense ratio, compared with 0.65% for TCAI.

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

TCAI has the higher dividend yield at 0.03%, compared with 0.01% for TRFK.

What is the main difference between TCAI and TRFK?

TCAI is categorized as Artificial Intelligence, while TRFK is Technology Equities. They also come from different issuers: Tortoise and Pacer. Their fees differ too: 0.65% for TCAI and 0.60% for TRFK.