FGSI vs PWRD
FT Vest Growth Strength & Target Income ETF vs TCW Transform Systems ETF
Which is better, FGSI or PWRD?
Each has led over a different period.
PWRD has a lower expense ratio. FGSI led over 1Y, PWRD over the full window. FGSI is less concentrated, with 24.2% 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 | FGSI | PWRD |
|---|---|---|
| Expense Ratio | 0.85% | 0.75%Best |
| AUM | $2M | $1.5B |
| Dividend Yield | 8.42% | 0.06% |
| Holdings | 104 | 56 |
| YTD Return | +7.63%Best | +3.29% |
| 1Y Return | +4.92%Best | +2.06% |
| 3Y Return (annualized) | - | +25.66% |
| Volatility (annualized) | 8.8%Best | 24.6% |
| Max Drawdown | -8.6%Best | -17.5% |
| $10,000 over 1.3 years | $11,153 | $11,534Best |
| Top 10 Weight | 24.2%Best | 50.6% |
| Fund Family | First Trust Portfolios (US) | TCW ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 25, 2025 | Feb 2, 2022 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jun 26, 2025 to Oct 14, 2026 (1.3 years).
FGSI 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 1.3 years both funds cover.
FGSI vs PWRD Performance
FT Vest Growth Strength & Target Income ETF (FGSI) is an ETF from First Trust Portfolios (US) and TCW Transform Systems ETF (PWRD) is an ETF from TCW ETFs. Over the past year FGSI returned +4.92% while PWRD returned +2.06%. Year to date, FGSI is up 7.63% versus a gain of 3.29% 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 24.6% compared with 8.8% for FGSI. 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 -8.6% for FGSI and -17.5% 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 0.28. They move largely independently of each other.
Fees and Cost Over Time
FGSI 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, FGSI currently yields 8.42% against 0.06% for PWRD.
Holdings Overlap
8.3% of FGSI's money is in holdings PWRD also owns. 15.4% of PWRD's money is in holdings FGSI also owns.
PWRD and FGSI share little of their money.
4 positions in common, counted across the 50 positions we hold weights for in FGSI and 28 in PWRD, against full books of 104 and 56.
What only one of them owns
Our book lists 18 positions for PWRD that do not appear in our book for FGSI (65.9% of the fund), and 46 for FGSI that do not appear in PWRD (91.2%).
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 FGSI 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, FGSI or PWRD?
FGSI 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, FGSI or PWRD?
Over the past year FGSI returned +4.92% vs +2.06% for PWRD, so FGSI leads on 1-year performance. Over the longest common window we track (1 years), FGSI annualized +8.76% vs +11.60% for PWRD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FGSI or PWRD?
PWRD has been the more volatile fund at 24.6% annualized versus 8.8% for FGSI. Worst drawdown: FGSI -8.6% vs PWRD -17.5%.
Should I hold both FGSI and PWRD?
FGSI and PWRD have a monthly-return correlation of 0.28, 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 FGSI and PWRD?
15.4% of PWRD's money is in holdings FGSI also owns. 15.4% of PWRD's is in holdings FGSI also owns. They hold 4 positions in common, counted across the 50 positions we hold weights for in FGSI and 28 in PWRD.
Which pays a higher dividend, FGSI or PWRD?
FGSI yields 8.42% while PWRD yields 0.06%, so FGSI currently pays the higher dividend yield.
Is PWRD better than FGSI?
PWRD has a lower expense ratio. FGSI led over 1Y, PWRD over the full window. FGSI is less concentrated, with 24.2% 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.