ACVF vs PWRD
American Conservative Values ETF vs TCW Transform Systems ETF
Which is better, ACVF or PWRD?
Each has led over a different period.
ACVF led over 1Y, PWRD over 3Y and the full window. ACVF is less concentrated, with 28.8% 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 | ACVF | PWRD |
|---|---|---|
| Expense Ratio | 0.75%Tie | 0.75%Tie |
| AUM | $155M | $1.5B |
| Dividend Yield | 0.49% | 0.06% |
| Holdings | 778 | 56 |
| YTD Return | +11.40%Best | +3.29% |
| 1Y Return | +12.34%Best | +2.06% |
| 3Y Return (annualized) | +18.66% | +25.66%Best |
| 5Y Return (annualized) | +11.53% | - |
| Volatility (annualized) | 14.9%Best | 23.2% |
| Max Drawdown | -21.6%Best | -25.9% |
| $10,000 over 4.7 years | $16,970 | $21,348Best |
| Top 10 Weight | 28.8%Best | 50.6% |
| Fund Family | ACV ETFs | TCW ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 28, 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).
ACVF 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.
ACVF vs PWRD Performance
American Conservative Values ETF (ACVF) is an ETF from ACV ETFs and TCW Transform Systems ETF (PWRD) is an ETF from TCW ETFs. Over the past year ACVF returned +12.34% while PWRD returned +2.06%. Year to date, ACVF is up 11.40% versus a gain of 3.29% for PWRD.
Over three years, ACVF compounded at +18.66% 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 14.9% for ACVF. 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 -21.6% for ACVF 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
ACVF charges 0.75% per year while PWRD charges 0.75%. On a $10,000 position that is $75 vs $75 annually. On income, ACVF currently yields 0.49% against 0.06% for PWRD.
Holdings Overlap
10.5% of ACVF's money is in holdings PWRD also owns. 54.7% of PWRD's money is in holdings ACVF also owns.
The two portfolios partly overlap.
13 positions in common, counted across the 387 positions we hold weights for in ACVF and 28 in PWRD, against full books of 778 and 56.
What only one of them owns
Our book lists 9 positions for PWRD that do not appear in our book for ACVF (26.6% of the fund), and 360 for ACVF that do not appear in PWRD (88.8%).
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 ACVF | Weight in PWRD | Difference |
|---|---|---|---|
| GEGeneral Electric Co. | 0.68% | 8.02% | 7.34% |
| ANETArista Networks Inc Common Stock | 1.38% | 5.72% | 4.34% |
| AVGOBroadcom Inc | 2.52% | 3.79% | 1.27% |
| KLACKla-tencor | 0.70% | 5.32% | 4.62% |
| AMATApplied Materials, Inc. | 1.10% | 4.88% | 3.78% |
| XOMExxonmobil Corp. | 1.65% | 3.35% | 1.70% |
| UNPUnion Pacific Corp | 0.39% | 4.29% | 3.90% |
| ETNEaton Corp Plc | 0.58% | 3.75% | 3.17% |
| GEVGe Vernova, Inc. | 0.34% | 3.56% | 3.22% |
| TTTrane Technologies PLC|125 | 0.16% | 3.58% | 3.42% |
54.7% of PWRD is already inside ACVF.
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, ACVF or PWRD?
ACVF has an expense ratio of 0.75% while PWRD charges 0.75%. At the precision these are quoted to, they cost the same.
Which performed better, ACVF or PWRD?
Over the past year ACVF returned +12.34% vs +2.06% for PWRD, so ACVF leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACVF or PWRD?
PWRD has been the more volatile fund at 23.2% annualized versus 14.9% for ACVF. Worst drawdown: ACVF -21.6% vs PWRD -25.9%.
Should I hold both ACVF and PWRD?
ACVF 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 ACVF and PWRD?
54.7% of PWRD's money is in holdings ACVF also owns. 54.7% of PWRD's is in holdings ACVF also owns. They hold 13 positions in common, counted across the 387 positions we hold weights for in ACVF and 28 in PWRD.
Which pays a higher dividend, ACVF or PWRD?
ACVF yields 0.49% while PWRD yields 0.06%, so ACVF currently pays the higher dividend yield.
Is PWRD better than ACVF?
ACVF led over 1Y, PWRD over 3Y and the full window. ACVF is less concentrated, with 28.8% 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.