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IGV vs PWRD

iShares Expanded Tech-Software Sector ETF vs TCW Transform Systems ETF

IGV

iShares Expanded Tech-Software Sector ETF

Annual cost

0.39%

Fund size

$12.1B

PWRD

TCW Transform Systems ETF

Annual cost

0.75%

Fund size

$1.5B

Key differences

  • IGV costs 0.36% less per year.
  • IGV is significantly larger than PWRD — larger funds tend to be more liquid and less likely to close.
  • IGV follows a index tracking strategy; PWRD uses active selection.
  • Over the last 3 years, PWRD has delivered higher annualized returns.
  • IGV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

IGVPWRD
Annual cost (TER)0.39%0.75%
Fund size (AUM)$12.1B$1.5B
Since20012022
Dividend yield0.00%0.15%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y-8.7%+41.4%
CAGR 3Y+14.1%+32.2%
CAGR 5Y+6.4%N/A
Sharpe 3Y0.511.23
Volatility 1Y25.67%23.59%
Max drawdown-45.85%-25.87%

Similar to IGV and PWRD