GDE vs PWRD
WisdomTree Efficient Gold Plus Equity Strategy Fund vs TCW Transform Systems ETF
Which is better, GDE or PWRD?
GDE has been ahead.
GDE has a lower expense ratio. GDE 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 | GDE | PWRD |
|---|---|---|
| Expense Ratio | 0.20%Best | 0.75% |
| AUM | $462M | $1.5B |
| Dividend Yield | 4.19% | 0.06% |
| Holdings | 506 | 56 |
| YTD Return | +2.61% | +3.29%Best |
| 1Y Return | +8.95%Best | +2.06% |
| 3Y Return (annualized) | +43.62%Best | +25.66% |
| Volatility (annualized) | 22.5%Best | 23.2% |
| Max Drawdown | -32.0% | -25.9%Best |
| $10,000 over 4.6 years | $28,252Best | $20,469 |
| Fund Family | WisdomTree Investments | TCW ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 17, 2022 | Feb 2, 2022 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.6 years row, are measured over the window both funds cover: Mar 17, 2022 to Oct 14, 2026 (4.6 years).
GDE 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.
GDE vs PWRD Performance
WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) is an ETF from WisdomTree Investments and TCW Transform Systems ETF (PWRD) is an ETF from TCW ETFs. Over the past year GDE returned +8.95% while PWRD returned +2.06%. Year to date, GDE is up 2.61% versus a gain of 3.29% for PWRD.
Over three years, GDE compounded at +43.62% 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 22.5% for GDE. 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 -32.0% for GDE 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 0.52. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GDE charges 0.20% per year while PWRD charges 0.75%. On a $10,000 position that is $20 vs $75 annually, a gap of $55 per year that compounds over a long holding period. On income, GDE currently yields 4.19% against 0.06% for PWRD.
Holdings Overlap
At least 67.3% of PWRD's money is in holdings GDE also owns.
Stated as a floor: for GDE, our book for it covers 93.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
18 positions in common, counted across the 492 positions we hold weights for in GDE and 28 in PWRD, against full books of 506 and 56.
Top Shared Holdings
| Stock | Weight in GDE | Weight in PWRD | Difference |
|---|---|---|---|
| GEGeneral Electric Co. | 0.49% | 8.02% | 7.53% |
| ANETArista Networks Inc Common Stock | 0.33% | 5.72% | 5.39% |
| AVGOBroadcom Inc | 2.14% | 3.79% | 1.65% |
| KLACKla-tencor | 0.31% | 5.32% | 5.01% |
| AMATApplied Materials, Inc. | 0.48% | 4.88% | 4.40% |
| UNPUnion Pacific Corp | 0.22% | 4.29% | 4.07% |
| XOMExxonmobil Corp. | 1.02% | 3.35% | 2.33% |
| VRTVertiv Holdings Co | 0.12% | 3.89% | 3.77% |
| GEVGe Vernova, Inc. | 0.32% | 3.56% | 3.24% |
| ETNEaton Corp Plc | 0.08% | 3.75% | 3.67% |
67.3% of PWRD is already inside GDE.
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, GDE or PWRD?
GDE has an expense ratio of 0.20% while PWRD charges 0.75%. GDE is the cheaper option, by $55 a year on a $10,000 investment.
Which performed better, GDE or PWRD?
Over the past year GDE returned +8.95% vs +2.06% for PWRD, so GDE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GDE or PWRD?
PWRD has been the more volatile fund at 23.2% annualized versus 22.5% for GDE. Worst drawdown: GDE -32.0% vs PWRD -25.9%.
Should I hold both GDE and PWRD?
GDE and PWRD have a monthly-return correlation of 0.52, 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 GDE and PWRD?
At least 67.3% of PWRD's money is in holdings GDE also owns. Our book for GDE is partial, so the real figure is this or higher. They hold 18 positions in common, counted across the 492 positions we hold weights for in GDE and 28 in PWRD.
Which pays a higher dividend, GDE or PWRD?
GDE yields 4.19% while PWRD yields 0.06%, so GDE currently pays the higher dividend yield.
Is PWRD better than GDE?
GDE has a lower expense ratio. GDE 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.