GGTL vs PWRD
Gabelli Global Technology Leaders ETF vs TCW Transform Systems ETF
Which is better, GGTL or PWRD?
Each has led over a different period.
GGTL has a lower expense ratio. GGTL 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 | GGTL | PWRD |
|---|---|---|
| Expense Ratio | 0.00%Best | 0.75% |
| AUM | $16M | $1.5B |
| Dividend Yield | 0.82% | 0.06% |
| Holdings | 149 | 56 |
| YTD Return | +21.53%Best | +3.29% |
| 1Y Return | +22.76%Best | +2.06% |
| 3Y Return (annualized) | +20.64% | +25.66%Best |
| Volatility (annualized) | 18.8%Best | 23.2% |
| Max Drawdown | -21.5%Best | -25.9% |
| $10,000 over 4.7 years | $17,533 | $21,348Best |
| Fund Family | Gabelli Funds | TCW ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 5, 2022 | Feb 2, 2022 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.7 years row, are measured over the window both funds cover: Feb 3, 2022 to Oct 14, 2026 (4.7 years).
GGTL 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.
GGTL vs PWRD Performance
Gabelli Global Technology Leaders ETF (GGTL) is an ETF from Gabelli Funds and TCW Transform Systems ETF (PWRD) is an ETF from TCW ETFs. Over the past year GGTL returned +22.76% while PWRD returned +2.06%. Year to date, GGTL is up 21.53% versus a gain of 3.29% for PWRD.
Over three years, GGTL compounded at +20.64% 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 18.8% for GGTL. 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 -21.5% for GGTL 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 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GGTL charges 0.00% per year while PWRD charges 0.75%. On a $10,000 position that is $0 vs $75 annually, a gap of $75 per year that compounds over a long holding period. On income, GGTL currently yields 0.82% against 0.06% for PWRD.
Holdings Overlap
At least 18.1% of PWRD's money is in holdings GGTL also owns.
Stated as a floor: for GGTL, our book for it covers 85.0% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
PWRD and GGTL share little of their money.
4 positions in common, counted across the 70 positions we hold weights for in GGTL and 28 in PWRD, against full books of 149 and 56.
You are not choosing between two funds in isolation.
Whichever of GGTL 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, GGTL or PWRD?
GGTL has an expense ratio of 0.00% while PWRD charges 0.75%. GGTL is the cheaper option, by $75 a year on a $10,000 investment.
Which performed better, GGTL or PWRD?
Over the past year GGTL returned +22.76% vs +2.06% for PWRD, so GGTL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GGTL or PWRD?
PWRD has been the more volatile fund at 23.2% annualized versus 18.8% for GGTL. Worst drawdown: GGTL -21.5% vs PWRD -25.9%.
Should I hold both GGTL and PWRD?
GGTL and PWRD have a monthly-return correlation of 0.75, 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 GGTL and PWRD?
At least 18.1% of PWRD's money is in holdings GGTL also owns. Our book for GGTL is partial, so the real figure is this or higher. They hold 4 positions in common, counted across the 70 positions we hold weights for in GGTL and 28 in PWRD.
Which pays a higher dividend, GGTL or PWRD?
GGTL yields 0.82% while PWRD yields 0.06%, so GGTL currently pays the higher dividend yield.
Is PWRD better than GGTL?
GGTL has a lower expense ratio. GGTL 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.