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PWRD vs FORH

TCW Transform Systems ETF vs Formidable ETF

PWRD

TCW Transform Systems ETF

Annual cost

0.75%

Fund size

$1.5B

FORH

Formidable ETF

Annual cost

1.19%

Fund size

$20M

Key differences

  • PWRD costs 0.44% less per year.
  • PWRD is significantly larger than FORH — larger funds tend to be more liquid and less likely to close.
  • PWRD is classified as equity, while FORH is alternative — different risk/return profiles.
  • PWRD follows a active selection strategy; FORH uses option income.
  • Over the last 3 years, PWRD has delivered higher annualized returns.

Side-by-side comparison

PWRDFORH
Annual cost (TER)0.75%1.19%
Fund size (AUM)$1.5B$20M
Since20222021
Dividend yield0.15%1.73%
Asset classequityalternative
Regionnorth america
Strategyactive selectionoption income
CAGR 1Y+41.4%+13.4%
CAGR 3Y+32.2%+3.9%
CAGR 5YN/A+2.0%
Sharpe 3Y1.230.10
Volatility 1Y23.59%15.64%
Max drawdown-25.87%-20.73%

Similar to PWRD and FORH