PWRD vs RJMG
TCW Transform Systems ETF vs FT Raymond James Multicap Growth Equity ETF
Which is better, PWRD or RJMG?
Each has led over a different period.
PWRD has a lower expense ratio. PWRD led over the full window, RJMG over 1Y. RJMG is less concentrated, with 29.2% 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 | PWRD | RJMG |
|---|---|---|
| Expense Ratio | 0.75%Best | 0.85% |
| AUM | $1.5B | $11M |
| Dividend Yield | 0.06% | 0.00% |
| Holdings | 56 | 41 |
| Volatility (annualized) | 19.4% | 14.8%Best |
| Max Drawdown | -25.9% | -25.4%Best |
| $10,000 over 2 years | $17,713Best | $13,729 |
| Top 10 Weight | 50.6% | 29.2%Best |
| Fund Family | TCW ETFs | First Trust Portfolios (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Feb 2, 2022 | Jan 12, 2024 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 279 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. PWRD has data through Oct 15, 2026 and RJMG through Jan 9, 2026.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Jan 18, 2024 to Jan 9, 2026 (2 years).
Risk: Volatility and Drawdowns
PWRD has been the more volatile fund, with annualized monthly volatility of 19.4% compared with 14.8% for RJMG. 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 -25.9% for PWRD and -25.4% for RJMG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
PWRD charges 0.75% per year while RJMG charges 0.85%. On a $10,000 position that is $75 vs $85 annually, a gap of $10 per year that compounds over a long holding period. On income, PWRD currently yields 0.06% against 0.00% for RJMG.
Holdings Overlap
We hold position weights for 28 holdings in PWRD and 40 in RJMG, totalling 98.3% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 335 days apart, PWRD as of Oct 1, 2026 and RJMG as of Oct 31, 2025, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 28 positions we hold weights for in PWRD and 40 in RJMG, against full books of 56 and 41.
What only one of them owns
Our book lists 39 positions for RJMG that do not appear in our book for PWRD (97.6% of the fund), and 22 for PWRD that do not appear in RJMG (81.3%).
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.
You are not choosing between two funds in isolation.
Whichever of PWRD and RJMG you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, PWRD or RJMG?
PWRD has an expense ratio of 0.75% while RJMG charges 0.85%. PWRD is the cheaper option, by $10 a year on a $10,000 investment.
Which is riskier, PWRD or RJMG?
PWRD has been the more volatile fund at 19.4% annualized versus 14.8% for RJMG. Worst drawdown: PWRD -25.9% vs RJMG -25.4%.
Should I hold both PWRD and RJMG?
PWRD and RJMG have a monthly-return correlation of 0.68, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, PWRD or RJMG?
PWRD yields 0.06% while RJMG yields 0.00%, so PWRD currently pays the higher dividend yield.
Is RJMG better than PWRD?
PWRD has a lower expense ratio. PWRD led over the full window, RJMG over 1Y. RJMG is less concentrated, with 29.2% 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.