PWRD vs SUPP
TCW Transform Systems ETF vs TCW Transform Supply Chain ETF
Which is better, PWRD or SUPP?
Each has led over a different period.
PWRD led over 3Y and the full window, SUPP over 1Y. The two have moved almost in lockstep, correlation 0.90. PWRD is less concentrated, with 50.6% of the fund in its ten largest positions against 59.8%.
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 | SUPP |
|---|---|---|
| Expense Ratio | 0.75%Tie | 0.75%Tie |
| AUM | $1.5B | $12M |
| Dividend Yield | 0.06% | 0.00% |
| Holdings | 56 | 54 |
| YTD Return | +3.29% | +7.65%Best |
| 1Y Return | +2.06% | +7.67%Best |
| 3Y Return (annualized) | +25.66%Best | +15.44% |
| Volatility (annualized) | 20.8% | 19.1%Best |
| Max Drawdown | -25.9% | -25.3%Best |
| $10,000 over 3.7 years | $20,669Best | $15,533 |
| Top 10 Weight | 50.6%Best | 59.8% |
| Fund Family | TCW ETFs | TCW ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Feb 2, 2022 | Feb 14, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 3.7 years row, are measured over the window both funds cover: Feb 16, 2023 to Oct 14, 2026 (3.7 years).
PWRD vs SUPP 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 3.7 years both funds cover.
PWRD vs SUPP Performance
TCW Transform Systems ETF (PWRD) is an ETF from TCW ETFs and TCW Transform Supply Chain ETF (SUPP) is an ETF from TCW ETFs. Over the past year PWRD returned +2.06% while SUPP returned +7.67%. Year to date, PWRD is up 3.29% versus a gain of 7.65% for SUPP.
Over three years, PWRD compounded at +25.66% per year against +15.44% for SUPP. Across the full 4-year window we track, PWRD has the edge at +21.68% annualized vs +12.64%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PWRD has been the more volatile fund, with annualized monthly volatility of 20.8% compared with 19.1% for SUPP. 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 -25.3% for SUPP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
PWRD charges 0.75% per year while SUPP charges 0.75%. On a $10,000 position that is $75 vs $75 annually. On income, PWRD currently yields 0.06% against 0.00% for SUPP.
Holdings Overlap
16.4% of PWRD's money is in holdings SUPP also owns. 24.2% of SUPP's money is in holdings PWRD also owns.
SUPP and PWRD share little of their money.
5 positions in common, counted across the 28 positions we hold weights for in PWRD and 27 in SUPP, against full books of 56 and 54.
What only one of them owns
Our book lists 18 positions for SUPP that do not appear in our book for PWRD (60.2% of the fund), and 18 for PWRD that do not appear in SUPP (68.2%).
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.
24.2% of SUPP is already inside PWRD.
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, PWRD or SUPP?
PWRD has an expense ratio of 0.75% while SUPP charges 0.75%. At the precision these are quoted to, they cost the same.
Which performed better, PWRD or SUPP?
Over the past year PWRD returned +2.06% vs +7.67% for SUPP, so SUPP leads on 1-year performance. Over the longest common window we track (4 years), PWRD annualized +21.68% vs +12.64% for SUPP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PWRD or SUPP?
PWRD has been the more volatile fund at 20.8% annualized versus 19.1% for SUPP. Worst drawdown: PWRD -25.9% vs SUPP -25.3%.
Should I hold both PWRD and SUPP?
PWRD and SUPP have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between PWRD and SUPP?
24.2% of SUPP's money is in holdings PWRD also owns. 24.2% of SUPP's is in holdings PWRD also owns. They hold 5 positions in common, counted across the 28 positions we hold weights for in PWRD and 27 in SUPP.
Which pays a higher dividend, PWRD or SUPP?
PWRD yields 0.06% while SUPP yields 0.00%, so PWRD currently pays the higher dividend yield.
Is SUPP better than PWRD?
PWRD led over 3Y and the full window, SUPP over 1Y. The two have moved almost in lockstep, correlation 0.90. PWRD is less concentrated, with 50.6% of the fund in its ten largest positions against 59.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.