GQI vs PWRD
Natixis Gateway Quality Income ETF vs TCW Transform Systems ETF
Which is better, GQI or PWRD?
Each has led over a different period.
GQI has a lower expense ratio. GQI led over 1Y, PWRD over 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 | GQI | PWRD |
|---|---|---|
| Expense Ratio | 0.34%Best | 0.75% |
| AUM | $304M | $1.5B |
| Dividend Yield | 8.66% | 0.06% |
| Holdings | 110 | 56 |
| YTD Return | +15.06%Best | +3.29% |
| 1Y Return | +21.24%Best | +2.06% |
| 3Y Return (annualized) | - | +25.66% |
| Volatility (annualized) | 8.8%Best | 22.4% |
| Max Drawdown | -16.6%Best | -25.9% |
| $10,000 over 2.8 years | $15,358 | $18,383Best |
| Fund Family | Natixis Funds | TCW ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 13, 2023 | Feb 2, 2022 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 13, 2023 to Oct 14, 2026 (2.8 years).
GQI 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 2.8 years both funds cover.
GQI vs PWRD Performance
Natixis Gateway Quality Income ETF (GQI) is an ETF from Natixis Funds and TCW Transform Systems ETF (PWRD) is an ETF from TCW ETFs. Over the past year GQI returned +21.24% while PWRD returned +2.06%. Year to date, GQI is up 15.06% 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 22.4% compared with 8.8% for GQI. 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 -16.6% for GQI 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 0.60. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GQI charges 0.34% per year while PWRD charges 0.75%. On a $10,000 position that is $34 vs $75 annually, a gap of $41 per year that compounds over a long holding period. On income, GQI currently yields 8.66% against 0.06% for PWRD.
Holdings Overlap
At least 32.8% of PWRD's money is in holdings GQI also owns.
Stated as a floor: for GQI, our book for it covers 89.6% 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.
8 positions in common, counted across the 118 positions we hold weights for in GQI and 28 in PWRD, against full books of 110 and 56.
Top Shared Holdings
| Stock | Weight in GQI | Weight in PWRD | Difference |
|---|---|---|---|
| ANETArista Networks Inc Common Stock | 0.42% | 5.72% | 5.30% |
| AVGOBroadcom Inc | 2.08% | 3.79% | 1.71% |
| KLACKla-tencor | 0.40% | 5.32% | 4.92% |
| AMATApplied Materials, Inc. | 0.52% | 4.88% | 4.36% |
| VRTVertiv Holdings Co | 0.18% | 3.89% | 3.71% |
| XOMExxonmobil Corp. | 0.59% | 3.35% | 2.76% |
| GEVGe Vernova, Inc. | 0.37% | 3.56% | 3.19% |
| FIXComfort Systems USA Inc. | 0.75% | 2.32% | 1.57% |
32.8% of PWRD is already inside GQI.
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, GQI or PWRD?
GQI has an expense ratio of 0.34% while PWRD charges 0.75%. GQI is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, GQI or PWRD?
Over the past year GQI returned +21.24% vs +2.06% for PWRD, so GQI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GQI or PWRD?
PWRD has been the more volatile fund at 22.4% annualized versus 8.8% for GQI. Worst drawdown: GQI -16.6% vs PWRD -25.9%.
Should I hold both GQI and PWRD?
GQI and PWRD have a monthly-return correlation of 0.60, 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 GQI and PWRD?
At least 32.8% of PWRD's money is in holdings GQI also owns. Our book for GQI is partial, so the real figure is this or higher. They hold 8 positions in common, counted across the 118 positions we hold weights for in GQI and 28 in PWRD.
Which pays a higher dividend, GQI or PWRD?
GQI yields 8.66% while PWRD yields 0.06%, so GQI currently pays the higher dividend yield.
Is PWRD better than GQI?
GQI has a lower expense ratio. GQI led over 1Y, PWRD over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.