TCW Artificial Intelligence ETF (AIFD) Valuation
AIFD valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 47.9 trailing earnings
- Forward P/E
- 25.8 analyst estimates
- Price / sales
- 5.43
- Price / book
- 11.82
- EV / EBITDA
- 29.0
- Earnings yield
- 2.09% inverse of P/E
- Dividend yield
- 0.36% of the holdings
- Return on equity
- 24.7% combined
- Net margin
- 11.3% combined
- Beta
- 1.60 weighted, vs S&P 500
AIFD valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| AIFD | 47.9 | 25.8 | 5.43 | 11.82 | 0.36% | 24.7% | 11.3% | 6.8% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
AIFD valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 71.8% | 60.8 | 25.3 | 5.28 | 13.77 | 0.39% | 22.7% |
| Communication Services | 10.2% | 22.2 | 24.3 | 8.27 | 8.11 | 0.13% | 36.6% |
| Industrials | 7.2% | 43.6 | 29.2 | 5.36 | 10.54 | 0.66% | 24.2% |
| Consumer Cyclical | 5.8% | 29.2 | 32.9 | 4.61 | 6.40 | 0.00% | 21.9% |
AIFD earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How AIFD weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
AIFD largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 7.37% | 27.1 | 24.9 | 17.1 | 0.47% | 14.12% |
| PANW | Palo Alto Networks, Inc. | 6.12% | 855.0 | 94.3 | 24.4 | — | 0.37% |
| MU | Micron Technology, Inc. | 5.82% | 11.8 | 7.0 | 7.5 | 0.07% | 25.54% |
| ANET | Arista Networks, Inc. | 5.67% | 55.8 | 39.2 | 21.2 | — | 5.26% |
| MRVL | Marvell Technology, Inc. | 5.36% | 72.3 | 62.1 | 21.7 | 0.11% | 3.84% |
| AVGO | Broadcom Inc. | 4.89% | 43.3 | 19.4 | 17.6 | 0.79% | 5.86% |
| LITE | Lumentum Holdings Inc. | 4.88% | — | 42.9 | 24.8 | — | −28.53% |
| GOOGL | Alphabet Inc. | 4.68% | 17.1 | 22.8 | 9.3 | 0.26% | 14.20% |
| AMZN | Amazon.com, Inc. | 3.88% | 20.1 | 23.6 | 3.5 | — | 10.02% |
| TSM | Taiwan Semiconductor Manufacturing Company Limited | 3.38% | 26.7 | 21.4 | 0.4 | 0.91% | 6.56% |
| DDOG | Datadog, Inc. | 3.11% | 494.2 | 84.7 | 22.4 | — | 0.33% |
| DOCN | DigitalOcean Holdings, Inc. | 2.90% | 45.5 | 76.3 | 11.5 | — | 3.31% |
| ASML | ASML Holding N.V. | 2.82% | 40.4 | 28.9 | 16.0 | 0.55% | 3.62% |
| KLAC | KLA Corporation | 2.60% | 45.3 | 34.8 | 15.9 | 0.56% | 2.98% |
| SPOT | Spotify Technology S.A | 2.56% | 30.5 | 28.6 | 6.0 | — | 4.35% |
| MSI | Motorola Solutions, Inc. | 2.55% | 36.5 | 23.9 | 6.3 | 1.05% | 3.63% |
| VRT | Vertiv Holdings Co | 2.54% | 46.7 | 27.8 | 6.9 | 0.12% | 2.83% |
| IBM | International Business Machines Corporation | 2.51% | 20.6 | 17.4 | 3.2 | 2.91% | 6.30% |
| ETN | Eaton Corporation plc | 2.46% | 39.8 | 27.6 | 5.1 | 1.12% | 3.21% |
| PLTR | Palantir Technologies Inc. | 2.31% | 160.4 | 85.5 | 72.6 | — | 0.75% |
| TSLA | Tesla, Inc. | 1.93% | 328.4 | 158.7 | 13.5 | — | 0.30% |
| CGNX | Cognex Corporation | 1.80% | 51.9 | 29.5 | 8.3 | 0.63% | 1.80% |
| RDDT | Reddit, Inc. | 1.78% | 36.3 | 23.2 | 10.8 | — | 2.55% |
| SVFC | SVF Investment Corp 3 | 1.70% | — | — | — | — | — |
| DE | Deere & Company | 1.68% | 35.7 | 29.3 | 3.6 | 1.01% | 2.45% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About AIFD valuation
Adding up its 30 holdings with company data, AIFD trades at 47.9 times trailing earnings and 25.8 times analysts' forward estimates, with a price-to-book ratio of 11.82 and a dividend yield of 0.36%. Its earnings yield of 2.09% is 3.24 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 52.1% of the fund and earn 57.2% of its combined profit. By sector, Technology is the most expensive at 60.8 times earnings and Communication Services the cheapest at 22.2. Companies that lost money over the past year are 6.8% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 95.4% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: AIFD chart, AIFD performance, AIFD holdings.
AIFD valuation FAQ
What is the P/E ratio of AIFD?
Based on its holdings, AIFD has a trailing P/E of 47.9 and a forward P/E of 25.8 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of AIFD?
The trailing earnings yield is 2.09% (1 ÷ P/E) and the forward earnings yield 3.87%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is AIFD more expensive than the S&P 500?
AIFD trades at 47.9 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 25.8 and 19.9.
What is the price-to-book ratio of AIFD?
The holdings of AIFD trade at 11.82 times book value, with a combined return on equity of 24.7%.
Which sector in AIFD has the highest P/E?
Technology has the highest P/E at 60.8 and Communication Services the lowest at 22.2.