THNQ vs. TGFTX
Compare and contrast key facts about ROBO Global Artificial Intelligence ETF (THNQ) and TCW Artificial Intelligence Equity Fund (TGFTX).
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. TGFTX is managed by TCW. It was launched on Aug 30, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: THNQ or TGFTX.
Performance
THNQ vs. TGFTX - Performance Comparison
Returns By Period
THNQ
14.78%
0.67%
7.00%
28.84%
N/A
N/A
TGFTX
N/A
N/A
N/A
N/A
N/A
N/A
Key characteristics
| THNQ | TGFTX |
|---|
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THNQ vs. TGFTX - Expense Ratio Comparison
THNQ has a 0.68% expense ratio, which is lower than TGFTX's 0.90% expense ratio.
Correlation
The correlation between THNQ and TGFTX is 0.89, 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.
Risk-Adjusted Performance
THNQ vs. TGFTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ROBO Global Artificial Intelligence ETF (THNQ) and TCW Artificial Intelligence Equity Fund (TGFTX). 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
THNQ vs. TGFTX - Dividend Comparison
Neither THNQ nor TGFTX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
THNQ ROBO Global Artificial Intelligence ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TGFTX TCW Artificial Intelligence Equity Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% |
Drawdowns
THNQ vs. TGFTX - Drawdown Comparison
Volatility
THNQ vs. TGFTX - Volatility Comparison
ROBO Global Artificial Intelligence ETF (THNQ) has a higher volatility of 6.25% compared to TCW Artificial Intelligence Equity Fund (TGFTX) at 0.00%. This indicates that THNQ's price experiences larger fluctuations and is considered to be riskier than TGFTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.