GDV vs PWRD
Gabelli Dividend & Income Trust vs TCW Transform Systems ETF
Which is better, GDV or PWRD?
Each has led over a different period.
PWRD has a lower expense ratio. GDV led over 1Y, PWRD over 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 | GDV | PWRD |
|---|---|---|
| Expense Ratio | 1.30% | 0.75%Best |
| AUM | $3.4B | $1.5B |
| Dividend Yield | 5.50% | 0.06% |
| Holdings | 715 | 56 |
| YTD Return | +6.53%Best | +3.29% |
| 1Y Return | +11.90%Best | +2.06% |
| 3Y Return (annualized) | +20.57% | +25.66%Best |
| 5Y Return (annualized) | +7.80% | - |
| Volatility (annualized) | 17.2%Best | 23.2% |
| Max Drawdown | -24.1%Best | -25.9% |
| $10,000 over 4.7 years | $14,833 | $21,348Best |
| Fund Family | Gabelli Funds | TCW ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 28, 2003 | Feb 2, 2022 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.7 years row, are measured over the window both funds cover: Feb 3, 2022 to Oct 14, 2026 (4.7 years).
GDV 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 4.7 years both funds cover.
GDV vs PWRD Performance
Gabelli Dividend & Income Trust (GDV) is an ETF from Gabelli Funds and TCW Transform Systems ETF (PWRD) is an ETF from TCW ETFs. Over the past year GDV returned +11.90% while PWRD returned +2.06%. Year to date, GDV is up 6.53% versus a gain of 3.29% for PWRD.
Over three years, GDV compounded at +20.57% 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 17.2% for GDV. 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 -24.1% for GDV 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GDV charges 1.30% per year while PWRD charges 0.75%. On a $10,000 position that is $130 vs $75 annually, a gap of $55 per year that compounds over a long holding period. On income, GDV currently yields 5.50% against 0.06% for PWRD.
Holdings Overlap
At least 50.1% of PWRD's money is in holdings GDV also owns.
Only one direction is shown: for GDV, our book for it lists positions totalling 110.0% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
The two portfolios partly overlap.
The two holdings books were reported 184 days apart, GDV as of Mar 31, 2026 and PWRD as of Oct 1, 2026, so some of the difference between them is the time between the two reports rather than the funds.
13 positions in common, counted across the 678 positions we hold weights for in GDV and 28 in PWRD, against full books of 715 and 56.
Top Shared Holdings
| Stock | Weight in GDV | Weight in PWRD | Difference |
|---|---|---|---|
| GEGeneral Electric Co. | 1.14% | 8.02% | 6.88% |
| ANETArista Networks Inc Common Stock | 0.45% | 5.72% | 5.27% |
| AMATApplied Materials, Inc. | 0.36% | 4.88% | 4.52% |
| AVGOBroadcom Inc | 0.59% | 3.79% | 3.20% |
| ETNEaton Corp Plc | 0.48% | 3.75% | 3.27% |
| GEVGe Vernova, Inc. | 0.60% | 3.56% | 2.96% |
| XOMExxonmobil Corp. | 0.76% | 3.35% | 2.59% |
| VRTVertiv Holdings Co | 0.05% | 3.89% | 3.84% |
| QQnity Electronics Inc | 0.42% | 3.23% | 2.81% |
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 0.14% | 3.32% | 3.18% |
50.1% of PWRD is already inside GDV.
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, GDV or PWRD?
GDV has an expense ratio of 1.30% while PWRD charges 0.75%. PWRD is the cheaper option, by $55 a year on a $10,000 investment.
Which performed better, GDV or PWRD?
Over the past year GDV returned +11.90% vs +2.06% for PWRD, so GDV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GDV or PWRD?
PWRD has been the more volatile fund at 23.2% annualized versus 17.2% for GDV. Worst drawdown: GDV -24.1% vs PWRD -25.9%.
Should I hold both GDV and PWRD?
GDV and PWRD have a monthly-return correlation of 0.76, 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 GDV and PWRD?
At least 50.1% of PWRD's money is in holdings GDV also owns. Our book for GDV is partial, so the real figure is this or higher. They hold 13 positions in common, counted across the 678 positions we hold weights for in GDV and 28 in PWRD.
Which pays a higher dividend, GDV or PWRD?
GDV yields 5.50% while PWRD yields 0.06%, so GDV currently pays the higher dividend yield.
Is PWRD better than GDV?
PWRD has a lower expense ratio. GDV led over 1Y, PWRD over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.