ACLC vs PWRD
American Century Large Cap Equity ETF vs TCW Transform Systems ETF
Which is better, ACLC or PWRD?
Each has led over a different period.
ACLC has a lower expense ratio. ACLC led over 1Y, PWRD over 3Y and the full window. ACLC is less concentrated, with 38.7% of the fund in its ten largest positions against 50.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ACLC | PWRD |
|---|---|---|
| Expense Ratio | 0.39%Best | 0.75% |
| AUM | $336M | $1.5B |
| Dividend Yield | 0.56% | 0.06% |
| Holdings | 101 | 56 |
| YTD Return | +10.23%Best | +3.29% |
| 1Y Return | +13.17%Best | +2.06% |
| 3Y Return (annualized) | +17.50% | +25.66%Best |
| 5Y Return (annualized) | +9.85% | - |
| Volatility (annualized) | 15.8%Best | 23.2% |
| Max Drawdown | -22.3%Best | -25.9% |
| $10,000 over 4.7 years | $16,070 | $21,348Best |
| Top 10 Weight | 38.7%Best | 50.6% |
| Fund Family | American Century Investments | TCW ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 15, 2020 | Feb 2, 2022 |
Volatility and max drawdown, and the $10,000 over 4.7 years row, are measured over the window both funds cover: Feb 3, 2022 to Oct 14, 2026 (4.7 years).
ACLC vs PWRD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.7 years both funds cover.
ACLC vs PWRD Performance
American Century Large Cap Equity ETF (ACLC) is an ETF from American Century Investments and TCW Transform Systems ETF (PWRD) is an ETF from TCW ETFs. Over the past year ACLC returned +13.17% while PWRD returned +2.06%. Year to date, ACLC is up 10.23% versus a gain of 3.29% for PWRD.
Over three years, ACLC compounded at +17.50% per year against +25.66% for PWRD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PWRD has been the more volatile fund, with annualized monthly volatility of 23.2% compared with 15.8% for ACLC. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -22.3% for ACLC and -25.9% for PWRD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ACLC charges 0.39% per year while PWRD charges 0.75%. On a $10,000 position that is $39 vs $75 annually, a gap of $36 per year that compounds over a long holding period. On income, ACLC currently yields 0.56% against 0.06% for PWRD.
Holdings Overlap
8.9% of ACLC's money is in holdings PWRD also owns. 29.0% of PWRD's money is in holdings ACLC also owns.
PWRD and ACLC share little of their money.
8 positions in common, counted across the 100 positions we hold weights for in ACLC and 28 in PWRD, against full books of 101 and 56.
What only one of them owns
Our book lists 15 positions for PWRD that do not appear in our book for ACLC (55.7% of the fund), and 91 for ACLC that do not appear in PWRD (90.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in ACLC | Weight in PWRD | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 3.27% | 3.79% | 0.52% |
| AMATApplied Materials, Inc. | 1.76% | 4.88% | 3.12% |
| UNPUnion Pacific Corp | 0.53% | 4.29% | 3.76% |
| ETNEaton Corp Plc | 0.85% | 3.75% | 2.90% |
| TTTrane Technologies PLC|125 | 0.86% | 3.58% | 2.72% |
| GEVGe Vernova, Inc. | 0.83% | 3.56% | 2.73% |
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 0.61% | 3.32% | 2.71% |
| LNGCheniere Energy Inc. | 0.22% | 1.81% | 1.59% |
29.0% of PWRD is already inside ACLC.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ACLC or PWRD?
ACLC has an expense ratio of 0.39% while PWRD charges 0.75%. ACLC is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, ACLC or PWRD?
Over the past year ACLC returned +13.17% vs +2.06% for PWRD, so ACLC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACLC or PWRD?
PWRD has been the more volatile fund at 23.2% annualized versus 15.8% for ACLC. Worst drawdown: ACLC -22.3% vs PWRD -25.9%.
Should I hold both ACLC and PWRD?
ACLC and PWRD have a monthly-return correlation of 0.79, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ACLC and PWRD?
29.0% of PWRD's money is in holdings ACLC also owns. 29.0% of PWRD's is in holdings ACLC also owns. They hold 8 positions in common, counted across the 100 positions we hold weights for in ACLC and 28 in PWRD.
Which pays a higher dividend, ACLC or PWRD?
ACLC yields 0.56% while PWRD yields 0.06%, so ACLC currently pays the higher dividend yield.
Is PWRD better than ACLC?
ACLC has a lower expense ratio. ACLC led over 1Y, PWRD over 3Y and the full window. ACLC is less concentrated, with 38.7% of the fund in its ten largest positions against 50.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.