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PWRD vs WZRD

TCW Transform Systems ETF vs Opportunistic Trader ETF

PWRD

TCW Transform Systems ETF

Annual cost

0.75%

Fund size

$1.4B

WZRD

Opportunistic Trader ETF

Annual cost

1.00%

Fund size

$3M

Key differences

PWRD is an equity ETF, while WZRD is an alternative ETF. PWRD charges 0.75% a year and WZRD 1.00%.

  • PWRD is an equity fund, while WZRD is an alternative fund. They carry different risk/return profiles.
  • PWRD follows a active selection strategy; WZRD uses structured outcome.
  • PWRD costs 0.25% less per year.
  • PWRD is much larger than WZRD. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

PWRDWZRD
Annual cost (TER)0.75%1.00%
Fund size (AUM)$1.4B$3M
Since20222025
Dividend yield0.15%
Asset classequityalternative
Regionnorth americanorth america
Strategyactive selectionstructured outcome
CAGR 1Y+30.4%N/A
CAGR 3Y+32.3%N/A
CAGR 5YN/AN/A
Sharpe 3Y1.22N/A
Volatility 1Y23.94%
Max drawdown-25.87%-74.18%

Similar to PWRD and WZRD