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PWRD vs ANEW

TCW Transform Systems ETF vs ProShares MSCI Transformational Changes ETF

PWRD

TCW Transform Systems ETF

Annual cost

0.75%

Fund size

$1.4B

ANEW

ProShares MSCI Transformational Changes ETF

Annual cost

0.45%

Fund size

$8M

Key differences

Both PWRD and ANEW are equity ETFs. PWRD charges 0.75% a year and ANEW 0.45%. The main difference: PWRD follows a active selection strategy; ANEW uses index tracking.

  • PWRD follows a active selection strategy; ANEW uses index tracking.
  • ANEW costs 0.30% less per year.
  • PWRD is much larger than ANEW. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, PWRD has delivered higher annualized returns.

Side-by-side comparison

PWRDANEW
Annual cost (TER)0.75%0.45%
Fund size (AUM)$1.4B$8M
Since20222020
Dividend yield0.15%0.61%
Asset classequityequity
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+30.4%+2.8%
CAGR 3Y+32.3%+13.8%
CAGR 5YN/A+3.5%
Sharpe 3Y1.220.68
Volatility 1Y23.94%13.47%
Max drawdown-25.87%-39.87%

Similar to PWRD and ANEW