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PWRD vs IYW

TCW Transform Systems ETF vs iShares U.S. Technology ETF

PWRD

TCW Transform Systems ETF

Annual cost

0.75%

Fund size

$1.5B

IYW

iShares U.S. Technology ETF

Annual cost

0.38%

Fund size

$21.5B

Key differences

  • IYW costs 0.37% less per year.
  • IYW is significantly larger than PWRD — larger funds tend to be more liquid and less likely to close.
  • PWRD follows a active selection strategy; IYW uses index tracking.
  • Over the last 3 years, IYW has delivered higher annualized returns.
  • IYW has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PWRDIYW
Annual cost (TER)0.75%0.38%
Fund size (AUM)$1.5B$21.5B
Since20222000
Dividend yield0.15%0.12%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+41.4%+59.0%
CAGR 3Y+32.2%+36.1%
CAGR 5YN/A+23.0%
Sharpe 3Y1.231.28
Volatility 1Y23.59%20.06%
Max drawdown-25.87%-39.44%

Similar to PWRD and IYW