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CCOR vs PWRD

Core Alternative ETF vs TCW Transform Systems ETF

CCOR

Core Alternative ETF

Annual cost

1.29%

Fund size

$27M

PWRD

TCW Transform Systems ETF

Annual cost

0.75%

Fund size

$1.4B

Key differences

CCOR is an alternative ETF, while PWRD is an equity ETF. CCOR charges 1.29% a year and PWRD 0.75%.

  • CCOR is an alternative fund, while PWRD is an equity fund. They carry different risk/return profiles.
  • CCOR follows a option income strategy; PWRD uses active selection.
  • PWRD costs 0.54% less per year.
  • PWRD is much larger than CCOR. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, PWRD has delivered higher annualized returns.
  • CCOR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CCORPWRD
Annual cost (TER)1.29%0.75%
Fund size (AUM)$27M$1.4B
Since20172022
Dividend yield1.10%0.15%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeactive selection
CAGR 1Y-3.9%+30.4%
CAGR 3Y-1.3%+32.3%
CAGR 5Y-2.1%N/A
Sharpe 3Y-0.441.22
Volatility 1Y7.10%23.94%
Max drawdown-22.99%-25.87%

Similar to CCOR and PWRD