DEPW vs THRO
Google DeepMind AI Lab Ecosystem ETF vs iShares US Thematic Rotation Active ETF
Which is better, DEPW or THRO?
THRO costs less.
THRO has a lower expense ratio. THRO is less concentrated, with 43.5% of the fund in its ten largest positions against 60.0%.
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 | DEPW | THRO |
|---|---|---|
| Expense Ratio | 0.59% | 0.57%Best |
| AUM | $2M | $7.5B |
| Dividend Yield | 0.00% | 0.30% |
| Holdings | 25 | 251 |
| YTD Return | -7.34% | +14.55%Best |
| 1Y Return | - | +18.23% |
| 3Y Return (annualized) | - | +23.72% |
| Top 10 Weight | 60.0% | 43.5%Best |
| Fund Family | Harbor Funds | BlackRock, Inc. (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Aug 12, 2026 | Dec 14, 2021 |
Not shown on this pair: 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
DEPW vs THRO 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
DEPW vs THRO Performance
Google DeepMind AI Lab Ecosystem ETF (DEPW) is an ETF from Harbor Funds and iShares US Thematic Rotation Active ETF (THRO) is an ETF from BlackRock, Inc. (US). Year to date, DEPW is down 7.34% versus a gain of 14.55% for THRO.
Past performance does not guarantee future results.
Fees and Cost Over Time
DEPW charges 0.59% per year while THRO charges 0.57%. On a $10,000 position that is $59 vs $57 annually, a gap of $2 per year that compounds over a long holding period. On income, DEPW currently yields 0.00% against 0.30% for THRO.
Holdings Overlap
43.6% of DEPW's money is in holdings THRO also owns. 7.8% of THRO's money is in holdings DEPW also owns.
The two portfolios partly overlap.
7 positions in common, counted across the 25 positions we hold weights for in DEPW and 247 in THRO, against full books of 25 and 251.
What only one of them owns
Our book lists 155 positions for THRO that do not appear in our book for DEPW (91.1% of the fund), and 13 for DEPW that do not appear in THRO (42.0%).
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 DEPW | Weight in THRO | Difference |
|---|---|---|---|
| GOOGLAlphabet Inc | 19.68% | 3.79% | 15.89% |
| AVGOBroadcom Inc | 5.13% | 2.11% | 3.02% |
| LITELumentum Holdings Inc | 4.86% | 0.24% | 4.62% |
| MRVLMarvell Technology Inc | 4.83% | 0.19% | 4.64% |
| FLEX:SIFlex Ltd | 4.16% | 0.02% | 4.14% |
| NEENextera Energy Inc | 2.29% | 1.30% | 0.99% |
| SPCXSpace Exploration Technologies | 2.61% | 0.10% | 2.51% |
43.6% of DEPW is already inside THRO.
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, DEPW or THRO?
DEPW has an expense ratio of 0.59% while THRO charges 0.57%. THRO is the cheaper option, by $2 a year on a $10,000 investment.
What is the holdings overlap between DEPW and THRO?
43.6% of DEPW's money is in holdings THRO also owns. 7.8% of THRO's is in holdings DEPW also owns. They hold 7 positions in common, counted across the 25 positions we hold weights for in DEPW and 247 in THRO.
Which pays a higher dividend, DEPW or THRO?
DEPW yields 0.00% while THRO yields 0.30%, so THRO currently pays the higher dividend yield.
Is THRO better than DEPW?
THRO has a lower expense ratio. THRO is less concentrated, with 43.5% of the fund in its ten largest positions against 60.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.