PSET vs PWRD
Principal Quality ETF vs TCW Transform Systems ETF
Which is better, PSET or PWRD?
Each has led over a different period.
PSET has a lower expense ratio. PSET led over 1Y, PWRD over 3Y and the full window. PSET is less concentrated, with 34.2% 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 | PSET | PWRD |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.75% |
| AUM | $26M | $1.5B |
| Dividend Yield | 0.69% | 0.06% |
| Holdings | 150 | 56 |
| YTD Return | +5.26%Best | +3.29% |
| 1Y Return | +6.00%Best | +2.06% |
| 3Y Return (annualized) | +13.51% | +25.66%Best |
| 5Y Return (annualized) | +8.64% | - |
| Volatility (annualized) | 15.8%Best | 23.2% |
| Max Drawdown | -22.0%Best | -25.9% |
| $10,000 over 4.7 years | $15,188 | $21,348Best |
| Top 10 Weight | 34.2%Best | 50.6% |
| Fund Family | Principal Funds | TCW ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 21, 2016 | 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).
PSET 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.
PSET vs PWRD Performance
Principal Quality ETF (PSET) is an ETF from Principal Funds and TCW Transform Systems ETF (PWRD) is an ETF from TCW ETFs. Over the past year PSET returned +6.00% while PWRD returned +2.06%. Year to date, PSET is up 5.26% versus a gain of 3.29% for PWRD.
Over three years, PSET compounded at +13.51% 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 15.8% for PSET. 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 -22.0% for PSET 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PSET charges 0.15% per year while PWRD charges 0.75%. On a $10,000 position that is $15 vs $75 annually, a gap of $60 per year that compounds over a long holding period. On income, PSET currently yields 0.69% against 0.06% for PWRD.
Holdings Overlap
7.8% of PSET's money is in holdings PWRD also owns. 24.0% of PWRD's money is in holdings PSET also owns.
PWRD and PSET share little of their money.
5 positions in common, counted across the 73 positions we hold weights for in PSET and 28 in PWRD, against full books of 150 and 56.
What only one of them owns
Our book lists 17 positions for PWRD that do not appear in our book for PSET (57.3% of the fund), and 66 for PSET that do not appear in PWRD (90.1%).
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.
24.0% of PWRD is already inside PSET.
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, PSET or PWRD?
PSET has an expense ratio of 0.15% while PWRD charges 0.75%. PSET is the cheaper option, by $60 a year on a $10,000 investment.
Which performed better, PSET or PWRD?
Over the past year PSET returned +6.00% vs +2.06% for PWRD, so PSET leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PSET or PWRD?
PWRD has been the more volatile fund at 23.2% annualized versus 15.8% for PSET. Worst drawdown: PSET -22.0% vs PWRD -25.9%.
Should I hold both PSET and PWRD?
PSET and PWRD have a monthly-return correlation of 0.73, 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 PSET and PWRD?
24.0% of PWRD's money is in holdings PSET also owns. 24.0% of PWRD's is in holdings PSET also owns. They hold 5 positions in common, counted across the 73 positions we hold weights for in PSET and 28 in PWRD.
Which pays a higher dividend, PSET or PWRD?
PSET yields 0.69% while PWRD yields 0.06%, so PSET currently pays the higher dividend yield.
Is PWRD better than PSET?
PSET has a lower expense ratio. PSET led over 1Y, PWRD over 3Y and the full window. PSET is less concentrated, with 34.2% 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.