HUSV vs PWRD
First Trust Horizon Managed Volatility Domestic ETF vs TCW Transform Systems ETF
Which is better, HUSV or PWRD?
Each has led over a different period.
HUSV has a lower expense ratio. HUSV led over 1Y, PWRD over 3Y and the full window. HUSV is less concentrated, with 22.7% 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 | HUSV | PWRD |
|---|---|---|
| Expense Ratio | 0.70%Best | 0.75% |
| AUM | $54M | $1.5B |
| Dividend Yield | 1.52% | 0.06% |
| Holdings | 202 | 56 |
| YTD Return | +5.79%Best | +3.29% |
| 1Y Return | +3.42%Best | +2.06% |
| 3Y Return (annualized) | +9.84% | +25.66%Best |
| 5Y Return (annualized) | +5.65% | - |
| Volatility (annualized) | 12.0%Best | 23.2% |
| Max Drawdown | -17.0%Best | -25.9% |
| $10,000 over 4.7 years | $12,696 | $21,348Best |
| Top 10 Weight | 22.7%Best | 50.6% |
| Fund Family | First Trust Portfolios (US) | TCW ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Aug 24, 2016 | Feb 2, 2022 |
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).
HUSV 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.
HUSV vs PWRD Performance
First Trust Horizon Managed Volatility Domestic ETF (HUSV) is an ETF from First Trust Portfolios (US) and TCW Transform Systems ETF (PWRD) is an ETF from TCW ETFs. Over the past year HUSV returned +3.42% while PWRD returned +2.06%. Year to date, HUSV is up 5.79% versus a gain of 3.29% for PWRD.
Over three years, HUSV compounded at +9.84% 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 12.0% for HUSV. 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 -17.0% for HUSV 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
HUSV charges 0.70% per year while PWRD charges 0.75%. On a $10,000 position that is $70 vs $75 annually, a gap of $5 per year that compounds over a long holding period. On income, HUSV currently yields 1.52% against 0.06% for PWRD.
Holdings Overlap
0.4% of HUSV's money is in holdings PWRD also owns. 3.4% of PWRD's money is in holdings HUSV also owns.
PWRD and HUSV share little of their money.
1 positions in common, counted across the 101 positions we hold weights for in HUSV and 28 in PWRD, against full books of 202 and 56.
What only one of them owns
Our book lists 21 positions for PWRD that do not appear in our book for HUSV (78.0% of the fund), and 98 for HUSV that do not appear in PWRD (98.0%).
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.
Top Shared Holdings
| Stock | Weight in HUSV | Weight in PWRD | Difference |
|---|---|---|---|
| XOMExxonmobil Corp. | 0.37% | 3.35% | 2.98% |
You are not choosing between two funds in isolation.
Whichever of HUSV 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, HUSV or PWRD?
HUSV has an expense ratio of 0.70% while PWRD charges 0.75%. HUSV is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, HUSV or PWRD?
Over the past year HUSV returned +3.42% vs +2.06% for PWRD, so HUSV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HUSV or PWRD?
PWRD has been the more volatile fund at 23.2% annualized versus 12.0% for HUSV. Worst drawdown: HUSV -17.0% vs PWRD -25.9%.
Should I hold both HUSV and PWRD?
HUSV 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 HUSV and PWRD?
3.4% of PWRD's money is in holdings HUSV also owns. 3.4% of PWRD's is in holdings HUSV also owns. They hold 1 positions in common, counted across the 101 positions we hold weights for in HUSV and 28 in PWRD.
Which pays a higher dividend, HUSV or PWRD?
HUSV yields 1.52% while PWRD yields 0.06%, so HUSV currently pays the higher dividend yield.
Is PWRD better than HUSV?
HUSV has a lower expense ratio. HUSV led over 1Y, PWRD over 3Y and the full window. HUSV is less concentrated, with 22.7% 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.