PWRD vs VICE
TCW Transform Systems ETF vs AdvisorShares Vice ETF
Which is better, PWRD or VICE?
PWRD has been ahead.
PWRD has a lower expense ratio. PWRD led over 1Y and the full window. VICE is less concentrated, with 48.4% 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 | VICE |
|---|---|---|
| Expense Ratio | 0.75%Best | 0.99% |
| AUM | $1.5B | $6M |
| Dividend Yield | 0.06% | 0.75% |
| Holdings | 56 | 25 |
| Volatility (annualized) | 23.5% | 18.0%Best |
| Max Drawdown | -25.9% | -25.4%Best |
| $10,000 over 4.5 years | $22,435Best | $12,096 |
| Top 10 Weight | 50.6% | 48.4%Best |
| Fund Family | TCW ETFs | Advisor Shares |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Feb 2, 2022 | Dec 11, 2017 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 54 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 14, 2026 and VICE through Aug 21, 2026.
Volatility and max drawdown, and the $10,000 over 4.5 years row, are measured over the window both funds cover: Feb 3, 2022 to Aug 21, 2026 (4.5 years).
Risk: Volatility and Drawdowns
PWRD has been the more volatile fund, with annualized monthly volatility of 23.5% compared with 18.0% for VICE. 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 VICE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
PWRD charges 0.75% per year while VICE charges 0.99%. On a $10,000 position that is $75 vs $99 annually, a gap of $24 per year that compounds over a long holding period. On income, PWRD currently yields 0.06% against 0.75% for VICE.
Holdings Overlap
We hold position weights for 28 holdings in PWRD and 24 in VICE, totalling 98.3% and 97.2% 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 93 days apart, PWRD as of Oct 1, 2026 and VICE as of Jun 30, 2026, 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 24 in VICE, against full books of 56 and 25.
What only one of them owns
Our book lists 21 positions for VICE that do not appear in our book for PWRD (85.9% of the fund), and 22 for PWRD that do not appear in VICE (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 VICE 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 VICE?
PWRD has an expense ratio of 0.75% while VICE charges 0.99%. PWRD is the cheaper option, by $24 a year on a $10,000 investment.
Which is riskier, PWRD or VICE?
PWRD has been the more volatile fund at 23.5% annualized versus 18.0% for VICE. Worst drawdown: PWRD -25.9% vs VICE -25.4%.
Should I hold both PWRD and VICE?
PWRD and VICE have a monthly-return correlation of 0.65, 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 VICE?
PWRD yields 0.06% while VICE yields 0.75%, so VICE currently pays the higher dividend yield.
Is VICE better than PWRD?
PWRD has a lower expense ratio. PWRD led over 1Y and the full window. VICE is less concentrated, with 48.4% 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.