PWRD vs WBIL
TCW Transform Systems ETF vs WBI BullBear Quality 3000 ETF
Which is better, PWRD or WBIL?
Each has led over a different period.
PWRD has a lower expense ratio. PWRD led over 3Y and the full window, WBIL over 1Y. WBIL is less concentrated, with 23.0% 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 | WBIL |
|---|---|---|
| Expense Ratio | 0.75%Best | 1.55% |
| AUM | $1.5B | $30M |
| Dividend Yield | 0.06% | 0.04% |
| Holdings | 56 | 142 |
| YTD Return | +3.29% | +14.67%Best |
| 1Y Return | +2.06% | +14.68%Best |
| 3Y Return (annualized) | +25.66%Best | +10.76% |
| 5Y Return (annualized) | - | +6.30% |
| Volatility (annualized) | 23.2% | 13.6%Best |
| Max Drawdown | -25.9% | -25.3%Best |
| $10,000 over 4.7 years | $21,348Best | $13,139 |
| Top 10 Weight | 50.6% | 23.0%Best |
| Fund Family | TCW ETFs | WBI Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Feb 2, 2022 | Aug 25, 2014 |
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 WBIL 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 WBIL Performance
TCW Transform Systems ETF (PWRD) is an ETF from TCW ETFs and WBI BullBear Quality 3000 ETF (WBIL) is an ETF from WBI Investments. Over the past year PWRD returned +2.06% while WBIL returned +14.68%. Year to date, PWRD is up 3.29% versus a gain of 14.67% for WBIL.
Over three years, PWRD compounded at +25.66% per year against +10.76% for WBIL.
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 13.6% for WBIL. 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 WBIL. 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 WBIL charges 1.55%. On a $10,000 position that is $75 vs $155 annually, a gap of $80 per year that compounds over a long holding period. On income, PWRD currently yields 0.06% against 0.04% for WBIL.
Holdings Overlap
21.6% of PWRD's money is in holdings WBIL also owns. 6.6% of WBIL's money is in holdings PWRD also owns.
PWRD and WBIL share little of their money.
4 positions in common, counted across the 28 positions we hold weights for in PWRD and 64 in WBIL, against full books of 56 and 142.
What only one of them owns
Our book lists 59 positions for WBIL that do not appear in our book for PWRD (90.8% of the fund), and 18 for PWRD that do not appear in WBIL (59.7%).
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.
21.6% of PWRD is already inside WBIL.
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 WBIL?
PWRD has an expense ratio of 0.75% while WBIL charges 1.55%. PWRD is the cheaper option, by $80 a year on a $10,000 investment.
Which performed better, PWRD or WBIL?
Over the past year PWRD returned +2.06% vs +14.68% for WBIL, so WBIL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PWRD or WBIL?
PWRD has been the more volatile fund at 23.2% annualized versus 13.6% for WBIL. Worst drawdown: PWRD -25.9% vs WBIL -25.3%.
Should I hold both PWRD and WBIL?
PWRD and WBIL 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.
What is the holdings overlap between PWRD and WBIL?
21.6% of PWRD's money is in holdings WBIL also owns. 6.6% of WBIL'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 64 in WBIL.
Which pays a higher dividend, PWRD or WBIL?
PWRD yields 0.06% while WBIL yields 0.04%, so PWRD currently pays the higher dividend yield.
Is WBIL better than PWRD?
PWRD has a lower expense ratio. PWRD led over 3Y and the full window, WBIL over 1Y. WBIL is less concentrated, with 23.0% 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.