BDVG vs GRW
iMGP Berkshire Dividend Growth ETF vs TCW Durable Growth ETF
Which is better, BDVG or GRW?
BDVG has been ahead.
BDVG has a lower expense ratio. BDVG led over 1Y and the full window. BDVG is less concentrated, with 43.4% of the fund in its ten largest positions against 52.3%.
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 | BDVG | GRW |
|---|---|---|
| Expense Ratio | 0.55%Best | 0.75% |
| AUM | - | $64M |
| Dividend Yield | 1.38% | 0.00% |
| Holdings | 85 | 64 |
| YTD Return | +17.47%Best | +0.53% |
| 1Y Return | +20.24%Best | -2.86% |
| 3Y Return (annualized) | +17.49% | - |
| Volatility (annualized) | 9.9%Best | 16.4% |
| Max Drawdown | -14.5%Best | -31.5% |
| $10,000 over 2.4 years | $14,141Best | $9,712 |
| Top 10 Weight | 43.4%Best | 52.3% |
| Fund Family | iMGP Funds | TCW ETFs |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jun 29, 2023 | May 5, 2024 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: May 7, 2024 to Oct 14, 2026 (2.4 years).
BDVG vs GRW 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 2.4 years both funds cover.
BDVG vs GRW Performance
iMGP Berkshire Dividend Growth ETF (BDVG) is an ETF from iMGP Funds and TCW Durable Growth ETF (GRW) is an ETF from TCW ETFs. Over the past year BDVG returned +20.24% while GRW returned -2.86%. Year to date, BDVG is up 17.47% versus a gain of 0.53% for GRW.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GRW has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 9.9% for BDVG. 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 -14.5% for BDVG and -31.5% for GRW. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BDVG charges 0.55% per year while GRW charges 0.75%. On a $10,000 position that is $55 vs $75 annually, a gap of $20 per year that compounds over a long holding period. On income, BDVG currently yields 1.38% against 0.00% for GRW.
Holdings Overlap
3.8% of BDVG's money is in holdings GRW also owns. 5.8% of GRW's money is in holdings BDVG also owns.
GRW and BDVG share little of their money.
1 positions in common, counted across the 41 positions we hold weights for in BDVG and 30 in GRW, against full books of 85 and 64.
What only one of them owns
Our book lists 27 positions for GRW that do not appear in our book for BDVG (84.7% of the fund), and 37 for BDVG that do not appear in GRW (90.5%).
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 BDVG | Weight in GRW | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 3.77% | 5.83% | 2.06% |
You are not choosing between two funds in isolation.
Whichever of BDVG and GRW you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BDVG or GRW?
BDVG has an expense ratio of 0.55% while GRW charges 0.75%. BDVG is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, BDVG or GRW?
Over the past year BDVG returned +20.24% vs -2.86% for GRW, so BDVG leads on 1-year performance. Over the longest common window we track (2 years), BDVG annualized +15.53% vs -1.21% for GRW. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BDVG or GRW?
GRW has been the more volatile fund at 16.4% annualized versus 9.9% for BDVG. Worst drawdown: BDVG -14.5% vs GRW -31.5%.
Should I hold both BDVG and GRW?
BDVG and GRW have a monthly-return correlation of 0.71, 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 BDVG and GRW?
5.8% of GRW's money is in holdings BDVG also owns. 5.8% of GRW's is in holdings BDVG also owns. They hold 1 positions in common, counted across the 41 positions we hold weights for in BDVG and 30 in GRW.
Which pays a higher dividend, BDVG or GRW?
BDVG yields 1.38% while GRW yields 0.00%, so BDVG currently pays the higher dividend yield.
Is GRW better than BDVG?
BDVG has a lower expense ratio. BDVG led over 1Y and the full window. BDVG is less concentrated, with 43.4% of the fund in its ten largest positions against 52.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.