LCDS vs PWRD
JPMorgan Fundamental Data Science Large Core ETF vs TCW Transform Systems ETF
Which is better, LCDS or PWRD?
Each has led over a different period.
LCDS has a lower expense ratio. LCDS led over 1Y, PWRD over the full window. LCDS is less concentrated, with 44.3% 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 | LCDS | PWRD |
|---|---|---|
| Expense Ratio | 0.30%Best | 0.75% |
| AUM | $17M | $1.5B |
| Dividend Yield | 0.86% | 0.06% |
| Holdings | 230 | 56 |
| YTD Return | +13.43%Best | +3.29% |
| 1Y Return | +18.13%Best | +2.06% |
| 3Y Return (annualized) | - | +25.66% |
| Volatility (annualized) | 11.9%Best | 24.4% |
| Max Drawdown | -18.4%Best | -25.9% |
| $10,000 over 2.2 years | $14,806 | $15,426Best |
| Top 10 Weight | 44.3%Best | 50.6% |
| Fund Family | J.P. Morgan Asset Management | TCW ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Aug 7, 2024 | Feb 2, 2022 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Aug 8, 2024 to Oct 14, 2026 (2.2 years).
LCDS 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 2.2 years both funds cover.
LCDS vs PWRD Performance
JPMorgan Fundamental Data Science Large Core ETF (LCDS) is an ETF from J.P. Morgan Asset Management and TCW Transform Systems ETF (PWRD) is an ETF from TCW ETFs. Over the past year LCDS returned +18.13% while PWRD returned +2.06%. Year to date, LCDS is up 13.43% 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 24.4% compared with 11.9% for LCDS. 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 -18.4% for LCDS 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 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
LCDS charges 0.30% per year while PWRD charges 0.75%. On a $10,000 position that is $30 vs $75 annually, a gap of $45 per year that compounds over a long holding period. On income, LCDS currently yields 0.86% against 0.06% for PWRD.
Holdings Overlap
6.7% of LCDS's money is in holdings PWRD also owns. 27.0% of PWRD's money is in holdings LCDS also owns.
PWRD and LCDS share little of their money.
7 positions in common, counted across the 113 positions we hold weights for in LCDS and 28 in PWRD, against full books of 230 and 56.
What only one of them owns
Our book lists 15 positions for PWRD that do not appear in our book for LCDS (54.4% of the fund), and 104 for LCDS that do not appear in PWRD (92.6%).
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 LCDS | Weight in PWRD | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 2.34% | 3.79% | 1.45% |
| ANETArista Networks Inc Common Stock | 0.27% | 5.72% | 5.45% |
| XOMExxonmobil Corp. | 1.88% | 3.35% | 1.47% |
| ETNEaton Corp Plc | 0.66% | 3.75% | 3.09% |
| TTTrane Technologies PLC|125 | 0.75% | 3.58% | 2.83% |
| GEVGe Vernova, Inc. | 0.55% | 3.56% | 3.01% |
| QQnity Electronics Inc | 0.22% | 3.23% | 3.01% |
27.0% of PWRD is already inside LCDS.
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, LCDS or PWRD?
LCDS has an expense ratio of 0.30% while PWRD charges 0.75%. LCDS is the cheaper option, by $45 a year on a $10,000 investment.
Which performed better, LCDS or PWRD?
Over the past year LCDS returned +18.13% vs +2.06% for PWRD, so LCDS leads on 1-year performance. Over the longest common window we track (2 years), LCDS annualized +19.53% vs +21.78% for PWRD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LCDS or PWRD?
PWRD has been the more volatile fund at 24.4% annualized versus 11.9% for LCDS. Worst drawdown: LCDS -18.4% vs PWRD -25.9%.
Should I hold both LCDS and PWRD?
LCDS and PWRD have a monthly-return correlation of 0.67, 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 LCDS and PWRD?
27.0% of PWRD's money is in holdings LCDS also owns. 27.0% of PWRD's is in holdings LCDS also owns. They hold 7 positions in common, counted across the 113 positions we hold weights for in LCDS and 28 in PWRD.
Which pays a higher dividend, LCDS or PWRD?
LCDS yields 0.86% while PWRD yields 0.06%, so LCDS currently pays the higher dividend yield.
Is PWRD better than LCDS?
LCDS has a lower expense ratio. LCDS led over 1Y, PWRD over the full window. LCDS is less concentrated, with 44.3% 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.