OALC vs PWRD
OneAscent Large Cap Core ETF vs TCW Transform Systems ETF
Which is better, OALC or PWRD?
Each has led over a different period.
OALC has a lower expense ratio. OALC led over 1Y, PWRD over 3Y and the full window. OALC is less concentrated, with 34.0% 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 | OALC | PWRD |
|---|---|---|
| Expense Ratio | 0.49%Best | 0.75% |
| AUM | $280M | $1.5B |
| Dividend Yield | 0.52% | 0.06% |
| Holdings | 424 | 56 |
| YTD Return | +16.12%Best | +3.29% |
| 1Y Return | +19.96%Best | +2.06% |
| 3Y Return (annualized) | +22.66% | +25.66%Best |
| 5Y Return (annualized) | +11.01% | - |
| Volatility (annualized) | 14.9%Best | 23.2% |
| Max Drawdown | -21.1%Best | -25.9% |
| $10,000 over 4.7 years | $18,489 | $21,348Best |
| Top 10 Weight | 34.0%Best | 50.6% |
| Fund Family | OneAscent Investments | TCW ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 15, 2021 | 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).
OALC 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.
OALC vs PWRD Performance
OneAscent Large Cap Core ETF (OALC) is an ETF from OneAscent Investments and TCW Transform Systems ETF (PWRD) is an ETF from TCW ETFs. Over the past year OALC returned +19.96% while PWRD returned +2.06%. Year to date, OALC is up 16.12% versus a gain of 3.29% for PWRD.
Over three years, OALC compounded at +22.66% 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 14.9% for OALC. 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 -21.1% for OALC 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OALC 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, OALC currently yields 0.52% against 0.06% for PWRD.
Holdings Overlap
8.6% of OALC's money is in holdings PWRD also owns. 51.8% of PWRD's money is in holdings OALC also owns.
The two portfolios partly overlap.
12 positions in common, counted across the 211 positions we hold weights for in OALC and 28 in PWRD, against full books of 424 and 56.
What only one of them owns
Our book lists 10 positions for PWRD that do not appear in our book for OALC (29.5% of the fund), and 198 for OALC that do not appear in PWRD (90.3%).
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 OALC | Weight in PWRD | Difference |
|---|---|---|---|
| GEGeneral Electric Co. | 0.47% | 8.02% | 7.55% |
| ANETArista Networks Inc Common Stock | 0.76% | 5.72% | 4.96% |
| AVGOBroadcom Inc | 2.61% | 3.79% | 1.18% |
| KLACKla-tencor | 0.47% | 5.32% | 4.85% |
| AMATApplied Materials, Inc. | 0.71% | 4.88% | 4.17% |
| UNPUnion Pacific Corp | 0.61% | 4.29% | 3.68% |
| XOMExxonmobil Corp. | 1.16% | 3.35% | 2.19% |
| ETNEaton Corp Plc | 0.41% | 3.75% | 3.34% |
| VRTVertiv Holdings Co | 0.13% | 3.89% | 3.76% |
| GEVGe Vernova, Inc. | 0.45% | 3.56% | 3.11% |
51.8% of PWRD is already inside OALC.
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, OALC or PWRD?
OALC has an expense ratio of 0.49% while PWRD charges 0.75%. OALC is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, OALC or PWRD?
Over the past year OALC returned +19.96% vs +2.06% for PWRD, so OALC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OALC or PWRD?
PWRD has been the more volatile fund at 23.2% annualized versus 14.9% for OALC. Worst drawdown: OALC -21.1% vs PWRD -25.9%.
Should I hold both OALC and PWRD?
OALC and PWRD have a monthly-return correlation of 0.80, 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 OALC and PWRD?
51.8% of PWRD's money is in holdings OALC also owns. 51.8% of PWRD's is in holdings OALC also owns. They hold 12 positions in common, counted across the 211 positions we hold weights for in OALC and 28 in PWRD.
Which pays a higher dividend, OALC or PWRD?
OALC yields 0.52% while PWRD yields 0.06%, so OALC currently pays the higher dividend yield.
Is PWRD better than OALC?
OALC has a lower expense ratio. OALC led over 1Y, PWRD over 3Y and the full window. OALC is less concentrated, with 34.0% 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.