OAIW vs PCLG
OpenAI Lab Ecosystem ETF vs Polen Focus Growth ETF
Which is better, OAIW or PCLG?
PCLG costs less.
PCLG has a lower expense ratio. OAIW is less concentrated, with 60.5% of the fund in its ten largest positions against 62.6%.
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 | OAIW | PCLG |
|---|---|---|
| Expense Ratio | 0.59% | 0.49%Best |
| AUM | $6M | $92M |
| Dividend Yield | 0.00% | 0.04% |
| Holdings | 25 | 27 |
| YTD Return | -10.04% | -5.60%Best |
| 1Y Return | - | -8.10% |
| Top 10 Weight | 60.5%Best | 62.6% |
| Fund Family | Harbor Funds | Polen Capital |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Aug 12, 2026 | Sep 30, 2025 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
OAIW vs PCLG 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.
OAIW vs PCLG Performance
OpenAI Lab Ecosystem ETF (OAIW) is an ETF from Harbor Funds and Polen Focus Growth ETF (PCLG) is an ETF from Polen Capital. Year to date, OAIW is down 10.04% versus a loss of 5.60% for PCLG.
Past performance does not guarantee future results.
Fees and Cost Over Time
OAIW charges 0.59% per year while PCLG charges 0.49%. On a $10,000 position that is $59 vs $49 annually, a gap of $10 per year that compounds over a long holding period. On income, OAIW currently yields 0.00% against 0.04% for PCLG.
Holdings Overlap
33.1% of OAIW's money is in holdings PCLG also owns. 35.7% of PCLG's money is in holdings OAIW also owns.
The two portfolios partly overlap.
6 positions in common, counted across the 26 positions we hold weights for in OAIW and 29 in PCLG, against full books of 25 and 27.
What only one of them owns
Our book lists 19 positions for PCLG that do not appear in our book for OAIW (57.2% of the fund), and 14 for OAIW that do not appear in PCLG (41.4%).
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.
35.7% of PCLG is already inside OAIW.
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, OAIW or PCLG?
OAIW has an expense ratio of 0.59% while PCLG charges 0.49%. PCLG is the cheaper option, by $10 a year on a $10,000 investment.
What is the holdings overlap between OAIW and PCLG?
35.7% of PCLG's money is in holdings OAIW also owns. 35.7% of PCLG's is in holdings OAIW also owns. They hold 6 positions in common, counted across the 26 positions we hold weights for in OAIW and 29 in PCLG.
Which pays a higher dividend, OAIW or PCLG?
OAIW yields 0.00% while PCLG yields 0.04%, so PCLG currently pays the higher dividend yield.
Is PCLG better than OAIW?
PCLG has a lower expense ratio. OAIW is less concentrated, with 60.5% of the fund in its ten largest positions against 62.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.