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PWRD vs IGV

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

PWRD

TCW Transform Systems ETF

Annual cost

0.75%

Fund size

$1.5B

IGV

iShares Expanded Tech-Software Sector ETF

Annual cost

0.39%

Fund size

$12.1B

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.
  • PWRD follows a active selection strategy; IGV uses index tracking.
  • 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

PWRDIGV
Annual cost (TER)0.75%0.39%
Fund size (AUM)$1.5B$12.1B
Since20222001
Dividend yield0.15%0.00%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+41.4%-8.7%
CAGR 3Y+32.2%+14.1%
CAGR 5YN/A+6.4%
Sharpe 3Y1.230.51
Volatility 1Y23.59%25.67%
Max drawdown-25.87%-45.85%

Similar to PWRD and IGV