JHDG vs PWRD
John Hancock Hedged Equity ETF vs TCW Transform Systems ETF
Which is better, JHDG or PWRD?
JHDG costs less.
JHDG has a lower expense ratio. JHDG is less concentrated, with 47.8% 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 | JHDG | PWRD |
|---|---|---|
| Expense Ratio | 0.49%Best | 0.75% |
| AUM | $128M | $1.5B |
| Dividend Yield | 0.18% | 0.06% |
| Holdings | 117 | 56 |
| YTD Return | +10.57%Best | +3.29% |
| 1Y Return | - | +2.06% |
| 3Y Return (annualized) | - | +25.66% |
| Top 10 Weight | 47.8%Best | 50.6% |
| Fund Family | John Hancock Investment Management | TCW ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 8, 2026 | Feb 2, 2022 |
Not shown on this pair: 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
JHDG 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
JHDG vs PWRD Performance
John Hancock Hedged Equity ETF (JHDG) is an ETF from John Hancock Investment Management and TCW Transform Systems ETF (PWRD) is an ETF from TCW ETFs. Year to date, JHDG is up 10.57% versus a gain of 3.29% for PWRD.
Past performance does not guarantee future results.
Fees and Cost Over Time
JHDG charges 0.49% per year while PWRD charges 0.75%. On a $10,000 position that is $49 vs $75 annually, a gap of $26 per year that compounds over a long holding period. On income, JHDG currently yields 0.18% against 0.06% for PWRD.
Holdings Overlap
9.1% of JHDG's money is in holdings PWRD also owns. 21.2% of PWRD's money is in holdings JHDG also owns.
PWRD and JHDG share little of their money.
5 positions in common, counted across the 55 positions we hold weights for in JHDG and 28 in PWRD, against full books of 117 and 56.
What only one of them owns
Our book lists 17 positions for PWRD that do not appear in our book for JHDG (60.1% of the fund), and 38 for JHDG that do not appear in PWRD (79.9%).
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.
21.2% of PWRD is already inside JHDG.
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, JHDG or PWRD?
JHDG has an expense ratio of 0.49% while PWRD charges 0.75%. JHDG is the cheaper option, by $26 a year on a $10,000 investment.
What is the holdings overlap between JHDG and PWRD?
21.2% of PWRD's money is in holdings JHDG also owns. 21.2% of PWRD's is in holdings JHDG also owns. They hold 5 positions in common, counted across the 55 positions we hold weights for in JHDG and 28 in PWRD.
Which pays a higher dividend, JHDG or PWRD?
JHDG yields 0.18% while PWRD yields 0.06%, so JHDG currently pays the higher dividend yield.
Is PWRD better than JHDG?
JHDG has a lower expense ratio. JHDG is less concentrated, with 47.8% 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.