TEC vs. AIS

Last updated Jun 4, 2026

TEC (Harbor Transformative Technologies ETF) and AIS (VistaShares Artificial Intelligence Supercycle ETF) are both Technology Equities funds. Both are actively managed. Over the past year, TEC returned 41.52% vs 226.72% for AIS. Their correlation of 0.80 suggests significant overlap in exposure. TEC charges 0.69%/yr vs 0.75%/yr for AIS.

Performance

TEC vs. AIS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor Transformative Technologies ETF (TEC) and VistaShares Artificial Intelligence Supercycle ETF (AIS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TEC achieves a 20.38% return, which is significantly lower than AIS's 118.61% return.

TEC

• 1D: -1.25%
• 1M: 11.87%
• YTD: 20.38%
• 6M: 18.30%
• 1Y: 41.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AIS

• 1D: 0.72%
• 1M: 35.87%
• YTD: 118.61%
• 6M: 122.65%
• 1Y: 226.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TEC vs. AIS - Yearly Performance Comparison

	2026 (YTD)	2025
TEC Harbor Transformative Technologies ETF	20.38%	44.91%
AIS VistaShares Artificial Intelligence Supercycle ETF	118.61%	92.47%

Correlation

The correlation between TEC and AIS is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.78
Correlation (All Time) Calculated using the full available price history since Apr 21, 2025	0.80

The correlation between TEC and AIS has been stable across timeframes, ranging from 0.78 to 0.80 - a consistent structural relationship.

TEC vs. AIS - Sectors Allocation Comparison

Sectors	TEC	AIS
Technology	69.5%	84.6%
Communication Services	13.5%	-
Consumer Cyclical	9.3%	-
Healthcare	4.2%	-
Utilities	1.5%	3.2%
Financial Services	1.1%	-0.0%
Industrials	1.0%	8.9%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Real Estate	-	-

Return for Risk

TEC vs. AIS — Risk / Return Rank

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

TEC

TEC Risk / Return Rank: 55
TEC Sharpe Ratio Rank: 63
TEC Sortino Ratio Rank: 58
TEC Omega Ratio Rank: 58
TEC Calmar Ratio Rank: 49
TEC Martin Ratio Rank: 45

AIS

AIS Risk / Return Rank: 97
AIS Sharpe Ratio Rank: 98
AIS Sortino Ratio Rank: 96
AIS Omega Ratio Rank: 96
AIS Calmar Ratio Rank: 98
AIS Martin Ratio Rank: 97

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.

TEC vs. AIS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor Transformative Technologies ETF (TEC) and VistaShares Artificial Intelligence Supercycle ETF (AIS). 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.

	TEC	AIS	Difference
Sharpe ratio Return per unit of total volatility	2.08	6.34	-4.27
Sortino ratio Return per unit of downside risk	2.71	5.78	-3.08
Omega ratio Gain probability vs. loss probability	1.35	1.80	-0.45
Calmar ratio Return relative to maximum drawdown	2.38	14.41	-12.02
Martin ratio Return relative to average drawdown	7.40	47.43	-40.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TEC vs. AIS - Sharpe Ratio Comparison

The current TEC Sharpe Ratio is 2.08, which is lower than the AIS Sharpe Ratio of 6.34. The chart below compares the historical Sharpe Ratios of TEC and AIS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TEC	AIS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.08	6.34	-4.27
Sharpe Ratio (All Time) Calculated using the full available price history	3.08	3.24	-0.16

Drawdowns

TEC vs. AIS - Drawdown Comparison

The maximum TEC drawdown since its inception was -17.50%, smaller than the maximum AIS drawdown of -32.78%. Use the drawdown chart below to compare losses from any high point for TEC and AIS.

Drawdown Indicators

	TEC	AIS	Difference
Max Drawdown Largest peak-to-trough decline	-17.50%	-32.78%	+15.28%
Max Drawdown (1Y) Largest decline over 1 year	-17.50%	-15.84%	-1.66%
Current Drawdown Current decline from peak	-1.25%	0.00%	-1.25%
Average Drawdown Average peak-to-trough decline	-3.46%	-5.45%	+1.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.62%	4.80%	+0.82%

Volatility

TEC vs. AIS - Volatility Comparison

The current volatility for Harbor Transformative Technologies ETF (TEC) is 5.28%, while VistaShares Artificial Intelligence Supercycle ETF (AIS) has a volatility of 16.12%. This indicates that TEC experiences smaller price fluctuations and is considered to be less risky than AIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TEC	AIS	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.28%	16.12%	-10.84%
Volatility (6M) Calculated over the trailing 6-month period	15.48%	29.95%	-14.47%
Volatility (1Y) Calculated over the trailing 1-year period	20.11%	36.00%	-15.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.95%	38.04%	-17.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.95%	38.04%	-17.09%

TEC vs. AIS - Expense Ratio Comparison

TEC has a 0.69% expense ratio, which is lower than AIS's 0.75% expense ratio.

Dividends

TEC vs. AIS - Dividend Comparison

Neither TEC nor AIS has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TEC and AIS in my portfolio?

TEC and AIS have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TEC or AIS?

AIS has higher volatility (16.12%) compared to TEC (5.28%). In terms of maximum drawdown, TEC dropped -17.50% vs AIS's -32.78%.

Which ETF is better, TEC or AIS?

On 1-year performance, AIS leads with 226.72% vs 41.52% for TEC. On fees, TEC is cheaper at 0.69% per year. On volatility, TEC has been the lower-risk option at 5.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TEC or AIS?

Over the 1-year period, AIS has performed better with a 226.72% return vs 41.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TEC or AIS?

TEC is cheaper with a 0.69% expense ratio, compared with 0.75% for AIS.

Which ETF pays a higher dividend yield, TEC or AIS?

TEC and AIS have nearly identical dividend yields, around 0.00%.

What is the main difference between TEC and AIS?

They also come from different issuers: Harbor and VistaShares. Their fees differ too: 0.69% for TEC and 0.75% for AIS.

Which has better risk-adjusted returns?

AIS currently has the higher Sharpe Ratio (6.34 vs 2.08), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.