CGUS vs PWRD
Capital Group Core Equity ETF vs TCW Transform Systems ETF
Which is better, CGUS or PWRD?
Each has led over a different period.
CGUS has a lower expense ratio. CGUS led over 1Y, PWRD over 3Y and the full window. CGUS is less concentrated, with 43.8% 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 | CGUS | PWRD |
|---|---|---|
| Expense Ratio | 0.33%Best | 0.75% |
| AUM | $12.3B | $1.5B |
| Dividend Yield | 0.83% | 0.06% |
| Holdings | 75 | 56 |
| YTD Return | +11.95%Best | +3.29% |
| 1Y Return | +15.39%Best | +2.06% |
| 3Y Return (annualized) | +21.76% | +25.66%Best |
| Volatility (annualized) | 14.7%Best | 23.2% |
| Max Drawdown | -21.9%Best | -25.9% |
| $10,000 over 4.6 years | $19,073 | $21,579Best |
| Top 10 Weight | 43.8%Best | 50.6% |
| Fund Family | Capital Group (US) | TCW ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Feb 22, 2022 | Feb 2, 2022 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 4.6 years row, are measured over the window both funds cover: Feb 24, 2022 to Oct 14, 2026 (4.6 years).
CGUS 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 4.6 years both funds cover.
CGUS vs PWRD Performance
Capital Group Core Equity ETF (CGUS) is an ETF from Capital Group (US) and TCW Transform Systems ETF (PWRD) is an ETF from TCW ETFs. Over the past year CGUS returned +15.39% while PWRD returned +2.06%. Year to date, CGUS is up 11.95% versus a gain of 3.29% for PWRD.
Over three years, CGUS compounded at +21.76% 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 14.7% for CGUS. 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 -21.9% for CGUS 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CGUS charges 0.33% per year while PWRD charges 0.75%. On a $10,000 position that is $33 vs $75 annually, a gap of $42 per year that compounds over a long holding period. On income, CGUS currently yields 0.83% against 0.06% for PWRD.
Holdings Overlap
14.3% of CGUS's money is in holdings PWRD also owns. 39.1% of PWRD's money is in holdings CGUS also owns.
The two portfolios partly overlap.
8 positions in common, counted across the 68 positions we hold weights for in CGUS and 28 in PWRD, against full books of 75 and 56.
What only one of them owns
Our book lists 16 positions for PWRD that do not appear in our book for CGUS (49.3% of the fund), and 53 for CGUS that do not appear in PWRD (78.5%).
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 CGUS | Weight in PWRD | Difference |
|---|---|---|---|
| GEGeneral Electric Co. | 1.20% | 8.02% | 6.82% |
| AVGOBroadcom Inc | 5.26% | 3.79% | 1.47% |
| ANETArista Networks Inc Common Stock | 1.47% | 5.72% | 4.25% |
| AMATApplied Materials, Inc. | 2.08% | 4.88% | 2.80% |
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 2.84% | 3.32% | 0.48% |
| KLACKla-tencor | 0.45% | 5.32% | 4.87% |
| UNPUnion Pacific Corp | 0.42% | 4.29% | 3.87% |
| AIR:ASAirbus Se | 0.61% | 3.74% | 3.13% |
39.1% of PWRD is already inside CGUS.
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, CGUS or PWRD?
CGUS has an expense ratio of 0.33% while PWRD charges 0.75%. CGUS is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, CGUS or PWRD?
Over the past year CGUS returned +15.39% vs +2.06% for PWRD, so CGUS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGUS or PWRD?
PWRD has been the more volatile fund at 23.2% annualized versus 14.7% for CGUS. Worst drawdown: CGUS -21.9% vs PWRD -25.9%.
Should I hold both CGUS and PWRD?
CGUS and PWRD have a monthly-return correlation of 0.81, 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 CGUS and PWRD?
39.1% of PWRD's money is in holdings CGUS also owns. 39.1% of PWRD's is in holdings CGUS also owns. They hold 8 positions in common, counted across the 68 positions we hold weights for in CGUS and 28 in PWRD.
Which pays a higher dividend, CGUS or PWRD?
CGUS yields 0.83% while PWRD yields 0.06%, so CGUS currently pays the higher dividend yield.
Is PWRD better than CGUS?
CGUS has a lower expense ratio. CGUS led over 1Y, PWRD over 3Y and the full window. CGUS is less concentrated, with 43.8% 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.