UFOX vs. TCAI

Last updated Jun 4, 2026

UFOX (Defiance Connective Technologies ETF) and TCAI (Tortoise AI Infrastructure ETF) are both Technology Equities funds. UFOX is passively managed, while TCAI is actively managed. A 0.76 correlation means they provide meaningful diversification when combined. UFOX charges 0.30%/yr vs 0.65%/yr for TCAI.

Performance

UFOX vs. TCAI - Performance Comparison

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

Returns By Period

In the year-to-date period, UFOX achieves a 62.60% return, which is significantly lower than TCAI's 89.63% return.

UFOX

• 1D: -2.52%
• 1M: 21.96%
• YTD: 62.60%
• 6M: 59.53%
• 1Y: 119.37%
• 3Y*: 48.73%
• 5Y*: 24.01%
• 10Y*: —

TCAI

• 1D: -0.27%
• 1M: 19.58%
• YTD: 89.63%
• 6M: 85.78%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UFOX vs. TCAI - Yearly Performance Comparison

	2026 (YTD)	2025
UFOX Defiance Connective Technologies ETF	62.60%	16.16%
TCAI Tortoise AI Infrastructure ETF	89.63%	17.77%

Correlation

The correlation between UFOX and TCAI is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 6, 2025	0.76

UFOX vs. TCAI - Sectors Allocation Comparison

Sectors	UFOX	TCAI
Technology	77.9%	44.0%
Industrials	13.7%	29.9%
Communication Services	5.0%	1.1%
Real Estate	3.3%	0.6%
Basic Materials	-	-
Consumer Cyclical	-	1.4%
Consumer Defensive	-	-
Energy	-	6.1%
Financial Services	-	6.4%
Healthcare	-	-
Utilities	-	11.1%

Return for Risk

UFOX vs. TCAI — Risk / Return Rank

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

UFOX

UFOX Risk / Return Rank: 96
UFOX Sharpe Ratio Rank: 97
UFOX Sortino Ratio Rank: 95
UFOX Omega Ratio Rank: 94
UFOX Calmar Ratio Rank: 97
UFOX 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.

UFOX vs. TCAI - Risk-Adjusted Trends Comparison

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

	UFOX	TCAI	Difference
Sharpe ratio Return per unit of total volatility	4.69	—	—
Sortino ratio Return per unit of downside risk	5.33	—	—
Omega ratio Gain probability vs. loss probability	1.69	—	—
Calmar ratio Return relative to maximum drawdown	10.87	—	—
Martin ratio Return relative to average drawdown	43.09	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	UFOX	TCAI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.69	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.98	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.92	4.61	-3.69

Drawdowns

UFOX vs. TCAI - Drawdown Comparison

The maximum UFOX drawdown since its inception was -33.90%, which is greater than TCAI's maximum drawdown of -15.80%. Use the drawdown chart below to compare losses from any high point for UFOX and TCAI.

Drawdown Indicators

	UFOX	TCAI	Difference
Max Drawdown Largest peak-to-trough decline	-33.90%	-15.80%	-18.10%
Max Drawdown (1Y) Largest decline over 1 year	-11.04%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-28.14%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-33.90%	—	—
Current Drawdown Current decline from peak	-2.52%	-0.27%	-2.25%
Average Drawdown Average peak-to-trough decline	-9.01%	-3.43%	-5.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.78%	—	—

Volatility

Volatility by Period

	UFOX	TCAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.95%	—	—
Volatility (6M) Calculated over the trailing 6-month period	20.25%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	25.66%	35.82%	-10.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.61%	35.82%	-11.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.22%	35.82%	-10.60%

UFOX vs. TCAI - Expense Ratio Comparison

UFOX has a 0.30% expense ratio, which is lower than TCAI's 0.65% expense ratio.

Dividends

UFOX vs. TCAI - Dividend Comparison

UFOX's dividend yield for the trailing twelve months is around 0.36%, more than TCAI's 0.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
TCAI Tortoise AI Infrastructure ETF	0.03%	0.05%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UFOX Defiance Connective Technologies ETF	0.36%	0.56%	0.79%	1.40%	1.63%	1.17%	0.99%	0.75%

Frequently Asked Questions

Can I hold both UFOX and TCAI in my portfolio?

UFOX and TCAI have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UFOX or TCAI?

On fees, UFOX is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UFOX or TCAI?

UFOX is cheaper with a 0.30% expense ratio, compared with 0.65% for TCAI.

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

UFOX has the higher dividend yield at 0.36%, compared with 0.03% for TCAI.

What is the main difference between UFOX and TCAI?

They also come from different issuers: Defiance and Tortoise. Their fees differ too: 0.30% for UFOX and 0.65% for TCAI.