PWRD vs VNSE
TCW Transform Systems ETF vs Natixis Vaughan Nelson Select ETF
Which is better, PWRD or VNSE?
Each has led over a different period.
PWRD has a lower expense ratio. PWRD led over 3Y and the full window, VNSE over 1Y. PWRD is less concentrated, with 50.6% of the fund in its ten largest positions against 55.2%.
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 | VNSE |
|---|---|---|
| Expense Ratio | 0.75%Best | 0.80% |
| AUM | $1.5B | $15M |
| Dividend Yield | 0.06% | 0.20% |
| Holdings | 56 | 29 |
| YTD Return | +3.29% | +9.71%Best |
| 1Y Return | +2.06% | +10.82%Best |
| 3Y Return (annualized) | +25.66%Best | +15.12% |
| 5Y Return (annualized) | - | +9.11% |
| Volatility (annualized) | 23.2% | 16.1%Best |
| Max Drawdown | -25.9% | -22.0%Best |
| $10,000 over 4.7 years | $21,348Best | $15,485 |
| Top 10 Weight | 50.6%Best | 55.2% |
| Fund Family | TCW ETFs | Natixis Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Feb 2, 2022 | Sep 17, 2020 |
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).
PWRD vs VNSE 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.
PWRD vs VNSE Performance
TCW Transform Systems ETF (PWRD) is an ETF from TCW ETFs and Natixis Vaughan Nelson Select ETF (VNSE) is an ETF from Natixis Funds. Over the past year PWRD returned +2.06% while VNSE returned +10.82%. Year to date, PWRD is up 3.29% versus a gain of 9.71% for VNSE.
Over three years, PWRD compounded at +25.66% per year against +15.12% for VNSE.
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 16.1% for VNSE. 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 -22.0% for VNSE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PWRD charges 0.75% per year while VNSE charges 0.80%. On a $10,000 position that is $75 vs $80 annually, a gap of $5 per year that compounds over a long holding period. On income, PWRD currently yields 0.06% against 0.20% for VNSE.
Holdings Overlap
13.7% of PWRD's money is in holdings VNSE also owns. 18.4% of VNSE's money is in holdings PWRD also owns.
VNSE and PWRD share little of their money.
4 positions in common, counted across the 28 positions we hold weights for in PWRD and 27 in VNSE, against full books of 56 and 29.
What only one of them owns
Our book lists 20 positions for VNSE that do not appear in our book for PWRD (72.5% of the fund), and 19 for PWRD that do not appear in VNSE (71.0%).
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 VNSE 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 VNSE?
PWRD has an expense ratio of 0.75% while VNSE charges 0.80%. PWRD is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, PWRD or VNSE?
Over the past year PWRD returned +2.06% vs +10.82% for VNSE, so VNSE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PWRD or VNSE?
PWRD has been the more volatile fund at 23.2% annualized versus 16.1% for VNSE. Worst drawdown: PWRD -25.9% vs VNSE -22.0%.
Should I hold both PWRD and VNSE?
PWRD and VNSE have a monthly-return correlation of 0.77, 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 PWRD and VNSE?
18.4% of VNSE's money is in holdings PWRD also owns. 18.4% of VNSE's is in holdings PWRD also owns. They hold 4 positions in common, counted across the 28 positions we hold weights for in PWRD and 27 in VNSE.
Which pays a higher dividend, PWRD or VNSE?
PWRD yields 0.06% while VNSE yields 0.20%, so VNSE currently pays the higher dividend yield.
Is VNSE better than PWRD?
PWRD has a lower expense ratio. PWRD led over 3Y and the full window, VNSE over 1Y. PWRD is less concentrated, with 50.6% of the fund in its ten largest positions against 55.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.