TGFTX vs. THNQ
Compare and contrast key facts about TCW Artificial Intelligence Equity Fund (TGFTX) and ROBO Global Artificial Intelligence ETF (THNQ).
TGFTX is managed by TCW. It was launched on Aug 30, 2017. THNQ is a passively managed fund by Exchange Traded Concepts that tracks the performance of the ROBO Global Artificial Intelligence Index. It was launched on May 11, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TGFTX or THNQ.
Key characteristics
| TGFTX | THNQ |
|---|
Correlation
The correlation between TGFTX and THNQ is 0.90, 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
TGFTX vs. THNQ - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TGFTX vs. THNQ - Expense Ratio Comparison
TGFTX has a 0.90% expense ratio, which is higher than THNQ's 0.68% expense ratio.
Risk-Adjusted Performance
TGFTX vs. THNQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TCW Artificial Intelligence Equity Fund (TGFTX) and ROBO Global Artificial Intelligence ETF (THNQ). 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
TGFTX vs. THNQ - Dividend Comparison
Neither TGFTX nor THNQ has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
TGFTX TCW Artificial Intelligence Equity Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% |
THNQ ROBO Global Artificial Intelligence ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
TGFTX vs. THNQ - Drawdown Comparison
Volatility
TGFTX vs. THNQ - Volatility Comparison
The current volatility for TCW Artificial Intelligence Equity Fund (TGFTX) is 0.00%, while ROBO Global Artificial Intelligence ETF (THNQ) has a volatility of 5.94%. This indicates that TGFTX experiences smaller price fluctuations and is considered to be less risky than THNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.