FDAT vs PWRD
Tactical Advantage ETF vs TCW Transform Systems ETF
Which is better, FDAT or PWRD?
PWRD has been ahead.
PWRD has a lower expense ratio. PWRD led over 1Y, 3Y and the full window.
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 | FDAT | PWRD |
|---|---|---|
| Expense Ratio | 1.16% | 0.75%Best |
| AUM | $36M | $1.5B |
| Dividend Yield | 5.94% | 0.06% |
| Holdings | 9 | 56 |
| YTD Return | +2.79% | +3.29%Best |
| 1Y Return | +2.00% | +2.06%Best |
| 3Y Return (annualized) | +9.28% | +25.66%Best |
| Volatility (annualized) | 8.6%Best | 21.2% |
| Max Drawdown | -8.2%Best | -25.9% |
| $10,000 over 3.5 years | $13,015 | $20,975Best |
| Top 10 Weight | - | 50.6% |
| Fund Family | Tactical Advantage | TCW ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 11, 2023 | Feb 2, 2022 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 3.5 years row, are measured over the window both funds cover: Apr 20, 2023 to Oct 14, 2026 (3.5 years).
FDAT 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 3.5 years both funds cover.
FDAT vs PWRD Performance
Tactical Advantage ETF (FDAT) is an ETF from Tactical Advantage and TCW Transform Systems ETF (PWRD) is an ETF from TCW ETFs. Over the past year FDAT returned +2.00% while PWRD returned +2.06%. Year to date, FDAT is up 2.79% versus a gain of 3.29% for PWRD.
Over three years, FDAT compounded at +9.28% per year against +25.66% for PWRD. Across the full 4-year window we track, PWRD has the edge at +23.57% annualized vs +7.82%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PWRD has been the more volatile fund, with annualized monthly volatility of 21.2% compared with 8.6% for FDAT. 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 -8.2% for FDAT 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 0.64. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FDAT charges 1.16% per year while PWRD charges 0.75%. On a $10,000 position that is $116 vs $75 annually, a gap of $41 per year that compounds over a long holding period. On income, FDAT currently yields 5.94% against 0.06% for PWRD.
Holdings Overlap
We hold position weights for 8 holdings in FDAT and 28 in PWRD, totalling 100.0% and 98.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 8 positions we hold weights for in FDAT and 28 in PWRD, against full books of 9 and 56.
What only one of them owns
Our book lists 22 positions for PWRD that do not appear in our book for FDAT (81.3% of the fund), and 8 for FDAT that do not appear in PWRD (100.0%).
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.
You are not choosing between two funds in isolation.
Whichever of FDAT 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, FDAT or PWRD?
FDAT has an expense ratio of 1.16% while PWRD charges 0.75%. PWRD is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, FDAT or PWRD?
Over the past year FDAT returned +2.00% vs +2.06% for PWRD, so PWRD leads on 1-year performance. Over the longest common window we track (4 years), FDAT annualized +7.82% vs +23.57% for PWRD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FDAT or PWRD?
PWRD has been the more volatile fund at 21.2% annualized versus 8.6% for FDAT. Worst drawdown: FDAT -8.2% vs PWRD -25.9%.
Should I hold both FDAT and PWRD?
FDAT and PWRD have a monthly-return correlation of 0.64, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FDAT or PWRD?
FDAT yields 5.94% while PWRD yields 0.06%, so FDAT currently pays the higher dividend yield.
Is PWRD better than FDAT?
PWRD has a lower expense ratio. PWRD led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.