CEPI vs PWRD
REX Crypto Equity Premium Income ETF vs TCW Transform Systems ETF
Which is better, CEPI or PWRD?
Each has led over a different period.
PWRD has a lower expense ratio. CEPI led over 1Y, PWRD over the full window. PWRD is less concentrated, with 50.6% of the fund in its ten largest positions against 51.7%.
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 | CEPI | PWRD |
|---|---|---|
| Expense Ratio | 0.85% | 0.75%Best |
| AUM | $125M | $1.5B |
| Dividend Yield | 43.98% | 0.06% |
| Holdings | 149 | 56 |
| YTD Return | +13.66%Best | +3.29% |
| 1Y Return | +2.47%Best | +2.06% |
| 3Y Return (annualized) | - | +25.66% |
| Volatility (annualized) | 25.9% | 25.4%Best |
| Max Drawdown | -28.9% | -25.9%Best |
| $10,000 over 1.9 years | $12,185 | $13,136Best |
| Top 10 Weight | 51.7% | 50.6%Best |
| Fund Family | REX Shares | TCW ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 4, 2024 | Feb 2, 2022 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Dec 4, 2024 to Oct 14, 2026 (1.9 years).
CEPI 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 1.9 years both funds cover.
CEPI vs PWRD Performance
REX Crypto Equity Premium Income ETF (CEPI) is an ETF from REX Shares and TCW Transform Systems ETF (PWRD) is an ETF from TCW ETFs. Over the past year CEPI returned +2.47% while PWRD returned +2.06%. Year to date, CEPI is up 13.66% versus a gain of 3.29% for PWRD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CEPI has been the more volatile fund, with annualized monthly volatility of 25.9% compared with 25.4% for PWRD. 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 -28.9% for CEPI 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 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CEPI charges 0.85% per year while PWRD charges 0.75%. On a $10,000 position that is $85 vs $75 annually, a gap of $10 per year that compounds over a long holding period. On income, CEPI currently yields 43.98% against 0.06% for PWRD.
Holdings Overlap
5.1% of CEPI's money is in holdings PWRD also owns. 3.3% of PWRD's money is in holdings CEPI also owns.
CEPI and PWRD share little of their money.
1 positions in common, counted across the 26 positions we hold weights for in CEPI and 28 in PWRD, against full books of 149 and 56.
What only one of them owns
Our book lists 22 positions for PWRD that do not appear in our book for CEPI (81.3% of the fund), and 24 for CEPI that do not appear in PWRD (92.1%).
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 CEPI | Weight in PWRD | Difference |
|---|---|---|---|
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 5.14% | 3.32% | 1.82% |
You are not choosing between two funds in isolation.
Whichever of CEPI and PWRD 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, CEPI or PWRD?
CEPI has an expense ratio of 0.85% while PWRD charges 0.75%. PWRD is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, CEPI or PWRD?
Over the past year CEPI returned +2.47% vs +2.06% for PWRD, so CEPI leads on 1-year performance. Over the longest common window we track (2 years), CEPI annualized +10.96% vs +15.44% for PWRD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CEPI or PWRD?
CEPI has been the more volatile fund at 25.9% annualized versus 25.4% for PWRD. Worst drawdown: CEPI -28.9% vs PWRD -25.9%.
Should I hold both CEPI and PWRD?
CEPI and PWRD have a monthly-return correlation of 0.69, 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 CEPI and PWRD?
5.1% of CEPI's money is in holdings PWRD also owns. 3.3% of PWRD's is in holdings CEPI also owns. They hold 1 positions in common, counted across the 26 positions we hold weights for in CEPI and 28 in PWRD.
Which pays a higher dividend, CEPI or PWRD?
CEPI yields 43.98% while PWRD yields 0.06%, so CEPI currently pays the higher dividend yield.
Is PWRD better than CEPI?
PWRD has a lower expense ratio. CEPI led over 1Y, PWRD over the full window. PWRD is less concentrated, with 50.6% of the fund in its ten largest positions against 51.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.