FEPI vs PWRD
REX FANG & Innovation Equity Premium Income ETF vs TCW Transform Systems ETF
Which is better, FEPI or PWRD?
Each has led over a different period.
FEPI has a lower expense ratio. FEPI led over 1Y, PWRD over 3Y and the full window. PWRD is less concentrated, with 50.6% of the fund in its ten largest positions against 63.7%.
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 | FEPI | PWRD |
|---|---|---|
| Expense Ratio | 0.65%Best | 0.75% |
| AUM | $746M | $1.5B |
| Dividend Yield | 24.59% | 0.06% |
| Holdings | 65 | 56 |
| YTD Return | +11.21%Best | +3.29% |
| 1Y Return | +14.02%Best | +2.06% |
| 3Y Return (annualized) | +24.36% | +25.66%Best |
| Volatility (annualized) | 16.4%Best | 22.1% |
| Max Drawdown | -23.6%Best | -25.9% |
| $10,000 over 3 years | $19,117 | $19,682Best |
| Top 10 Weight | 63.7% | 50.6%Best |
| Fund Family | REX Shares | TCW ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 9, 2023 | Feb 2, 2022 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Oct 11, 2023 to Oct 14, 2026 (3 years).
FEPI 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 years both funds cover.
FEPI vs PWRD Performance
REX FANG & Innovation Equity Premium Income ETF (FEPI) is an ETF from REX Shares and TCW Transform Systems ETF (PWRD) is an ETF from TCW ETFs. Over the past year FEPI returned +14.02% while PWRD returned +2.06%. Year to date, FEPI is up 11.21% versus a gain of 3.29% for PWRD.
Over three years, FEPI compounded at +24.36% 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 22.1% compared with 16.4% for FEPI. 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 -23.6% for FEPI 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 0.51. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FEPI charges 0.65% per year while PWRD charges 0.75%. On a $10,000 position that is $65 vs $75 annually, a gap of $10 per year that compounds over a long holding period. On income, FEPI currently yields 24.59% against 0.06% for PWRD.
Holdings Overlap
4.1% of FEPI's money is in holdings PWRD also owns. 3.8% of PWRD's money is in holdings FEPI also owns.
FEPI and PWRD share little of their money.
1 positions in common, counted across the 20 positions we hold weights for in FEPI and 28 in PWRD, against full books of 65 and 56.
What only one of them owns
Our book lists 21 positions for PWRD that do not appear in our book for FEPI (77.5% of the fund), and 19 for FEPI that do not appear in PWRD (97.9%).
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 FEPI | Weight in PWRD | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 4.07% | 3.79% | 0.28% |
You are not choosing between two funds in isolation.
Whichever of FEPI 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, FEPI or PWRD?
FEPI has an expense ratio of 0.65% while PWRD charges 0.75%. FEPI is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, FEPI or PWRD?
Over the past year FEPI returned +14.02% vs +2.06% for PWRD, so FEPI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FEPI or PWRD?
PWRD has been the more volatile fund at 22.1% annualized versus 16.4% for FEPI. Worst drawdown: FEPI -23.6% vs PWRD -25.9%.
Should I hold both FEPI and PWRD?
FEPI and PWRD have a monthly-return correlation of 0.51, 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 FEPI and PWRD?
4.1% of FEPI's money is in holdings PWRD also owns. 3.8% of PWRD's is in holdings FEPI also owns. They hold 1 positions in common, counted across the 20 positions we hold weights for in FEPI and 28 in PWRD.
Which pays a higher dividend, FEPI or PWRD?
FEPI yields 24.59% while PWRD yields 0.06%, so FEPI currently pays the higher dividend yield.
Is PWRD better than FEPI?
FEPI has a lower expense ratio. FEPI led over 1Y, PWRD over 3Y and the full window. PWRD is less concentrated, with 50.6% of the fund in its ten largest positions against 63.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.