HIDV vs PWRD
AB US High Dividend ETF vs TCW Transform Systems ETF
Which is better, HIDV or PWRD?
Each has led over a different period.
HIDV has a lower expense ratio. HIDV led over 1Y, PWRD over 3Y and the full window. HIDV is less concentrated, with 36.8% 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 | HIDV | PWRD |
|---|---|---|
| Expense Ratio | 0.35%Best | 0.75% |
| AUM | $205M | $1.5B |
| Dividend Yield | 2.56% | 0.06% |
| Holdings | 108 | 56 |
| YTD Return | +11.94%Best | +3.29% |
| 1Y Return | +17.30%Best | +2.06% |
| 3Y Return (annualized) | +21.14% | +25.66%Best |
| Volatility (annualized) | 12.5%Best | 21.0% |
| Max Drawdown | -18.8%Best | -25.9% |
| $10,000 over 3.6 years | $19,993 | $21,838Best |
| Top 10 Weight | 36.8%Best | 50.6% |
| Fund Family | AllianceBernstein L.P. | TCW ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 22, 2023 | Feb 2, 2022 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 3.6 years row, are measured over the window both funds cover: Mar 22, 2023 to Oct 14, 2026 (3.6 years).
HIDV 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 3.6 years both funds cover.
HIDV vs PWRD Performance
AB US High Dividend ETF (HIDV) is an ETF from AllianceBernstein L.P. and TCW Transform Systems ETF (PWRD) is an ETF from TCW ETFs. Over the past year HIDV returned +17.30% while PWRD returned +2.06%. Year to date, HIDV is up 11.94% versus a gain of 3.29% for PWRD.
Over three years, HIDV compounded at +21.14% per year against +25.66% for PWRD. Across the full 4-year window we track, PWRD has the edge at +24.23% annualized vs +21.22%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PWRD has been the more volatile fund, with annualized monthly volatility of 21.0% compared with 12.5% for HIDV. 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 -18.8% for HIDV 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 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
HIDV charges 0.35% per year while PWRD charges 0.75%. On a $10,000 position that is $35 vs $75 annually, a gap of $40 per year that compounds over a long holding period. On income, HIDV currently yields 2.56% against 0.06% for PWRD.
Holdings Overlap
3.3% of HIDV's money is in holdings PWRD also owns. 17.7% of PWRD's money is in holdings HIDV also owns.
PWRD and HIDV share little of their money.
4 positions in common, counted across the 107 positions we hold weights for in HIDV and 28 in PWRD, against full books of 108 and 56.
What only one of them owns
Our book lists 18 positions for PWRD that do not appear in our book for HIDV (63.6% of the fund), and 98 for HIDV that do not appear in PWRD (94.7%).
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 HIDV 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, HIDV or PWRD?
HIDV has an expense ratio of 0.35% while PWRD charges 0.75%. HIDV is the cheaper option, by $40 a year on a $10,000 investment.
Which performed better, HIDV or PWRD?
Over the past year HIDV returned +17.30% vs +2.06% for PWRD, so HIDV leads on 1-year performance. Over the longest common window we track (4 years), HIDV annualized +21.22% vs +24.23% for PWRD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HIDV or PWRD?
PWRD has been the more volatile fund at 21.0% annualized versus 12.5% for HIDV. Worst drawdown: HIDV -18.8% vs PWRD -25.9%.
Should I hold both HIDV and PWRD?
HIDV and PWRD have a monthly-return correlation of 0.62, 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 HIDV and PWRD?
17.7% of PWRD's money is in holdings HIDV also owns. 17.7% of PWRD's is in holdings HIDV also owns. They hold 4 positions in common, counted across the 107 positions we hold weights for in HIDV and 28 in PWRD.
Which pays a higher dividend, HIDV or PWRD?
HIDV yields 2.56% while PWRD yields 0.06%, so HIDV currently pays the higher dividend yield.
Is PWRD better than HIDV?
HIDV has a lower expense ratio. HIDV led over 1Y, PWRD over 3Y and the full window. HIDV is less concentrated, with 36.8% 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.