IVVM vs PWRD
iShares Large Cap Moderate Quarterly Laddered ETF vs TCW Transform Systems ETF
Which is better, IVVM or PWRD?
Each has led over a different period.
IVVM has a lower expense ratio. IVVM 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 | IVVM | PWRD |
|---|---|---|
| Expense Ratio | 0.50%Best | 0.75% |
| AUM | $190M | $1.5B |
| Dividend Yield | 0.57% | 0.06% |
| Holdings | 13 | 56 |
| YTD Return | +9.19%Best | +3.29% |
| 1Y Return | +11.61%Best | +2.06% |
| 3Y Return (annualized) | +14.42% | +25.66%Best |
| Volatility (annualized) | 6.6%Best | 21.3% |
| Max Drawdown | -11.6%Best | -25.9% |
| $10,000 over 3.3 years | $15,064 | $19,764Best |
| Fund Family | iShares by BlackRock (US) | TCW ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 28, 2023 | Feb 2, 2022 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.3 years row, are measured over the window both funds cover: Jun 30, 2023 to Oct 14, 2026 (3.3 years).
IVVM 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 3.3 years both funds cover.
IVVM vs PWRD Performance
iShares Large Cap Moderate Quarterly Laddered ETF (IVVM) is an ETF from iShares by BlackRock (US) and TCW Transform Systems ETF (PWRD) is an ETF from TCW ETFs. Over the past year IVVM returned +11.61% while PWRD returned +2.06%. Year to date, IVVM is up 9.19% versus a gain of 3.29% for PWRD.
Over three years, IVVM compounded at +14.42% 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 21.3% compared with 6.6% for IVVM. 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 -11.6% for IVVM 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 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVVM charges 0.50% per year while PWRD charges 0.75%. On a $10,000 position that is $50 vs $75 annually, a gap of $25 per year that compounds over a long holding period. On income, IVVM currently yields 0.57% against 0.06% for PWRD.
Holdings Overlap
We hold position weights for 2 holdings in IVVM and 28 in PWRD, totalling 99.1% and 98.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2 positions we hold weights for in IVVM and 28 in PWRD, against full books of 13 and 56.
You are not choosing between two funds in isolation.
Whichever of IVVM 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, IVVM or PWRD?
IVVM has an expense ratio of 0.50% while PWRD charges 0.75%. IVVM is the cheaper option, by $25 a year on a $10,000 investment.
Which performed better, IVVM or PWRD?
Over the past year IVVM returned +11.61% vs +2.06% for PWRD, so IVVM leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVVM or PWRD?
PWRD has been the more volatile fund at 21.3% annualized versus 6.6% for IVVM. Worst drawdown: IVVM -11.6% vs PWRD -25.9%.
Should I hold both IVVM and PWRD?
IVVM and PWRD have a monthly-return correlation of 0.65, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVVM or PWRD?
IVVM yields 0.57% while PWRD yields 0.06%, so IVVM currently pays the higher dividend yield.
Is PWRD better than IVVM?
IVVM has a lower expense ratio. IVVM 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.