PWRD vs UTF
TCW Transform Systems ETF vs Cohen & Steers Infrastructure Fund Inc
Which is better, PWRD or UTF?
Each has led over a different period.
PWRD has a lower expense ratio. PWRD led over 3Y and the full window, UTF over 1Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | PWRD | UTF |
|---|---|---|
| Expense Ratio | 0.75%Best | 3.42% |
| AUM | $1.5B | $3.0B |
| Dividend Yield | 0.06% | 7.58% |
| Holdings | 56 | 311 |
| YTD Return | +3.29% | +10.17%Best |
| 1Y Return | +2.06% | +14.56%Best |
| 3Y Return (annualized) | +25.66%Best | +17.54% |
| 5Y Return (annualized) | - | +5.94% |
| Volatility (annualized) | 23.2% | 19.3%Best |
| Max Drawdown | -25.9%Best | -30.3% |
| $10,000 over 4.7 years | $21,348Best | $13,285 |
| Fund Family | TCW ETFs | Cohen & Steers Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Feb 2, 2022 | Mar 30, 2004 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.7 years row, are measured over the window both funds cover: Feb 3, 2022 to Oct 14, 2026 (4.7 years).
PWRD vs UTF growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.7 years both funds cover.
PWRD vs UTF Performance
TCW Transform Systems ETF (PWRD) is an ETF from TCW ETFs and Cohen & Steers Infrastructure Fund Inc (UTF) is an ETF from Cohen & Steers Funds. Over the past year PWRD returned +2.06% while UTF returned +14.56%. Year to date, PWRD is up 3.29% versus a gain of 10.17% for UTF.
Over three years, PWRD compounded at +25.66% per year against +17.54% for UTF.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PWRD has been the more volatile fund, with annualized monthly volatility of 23.2% compared with 19.3% for UTF. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -25.9% for PWRD and -30.3% for UTF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.61. They move together some of the time, and apart the rest.
Fees and Cost Over Time
PWRD charges 0.75% per year while UTF charges 3.42%. On a $10,000 position that is $75 vs $342 annually, a gap of $267 per year that compounds over a long holding period. On income, PWRD currently yields 0.06% against 7.58% for UTF.
Holdings Overlap
At least 11.2% of PWRD's money is in holdings UTF also owns.
Stated as a floor: for UTF, our book for it covers 93.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
PWRD and UTF share little of their money.
The two holdings books were reported 93 days apart, PWRD as of Oct 1, 2026 and UTF as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
3 positions in common, counted across the 28 positions we hold weights for in PWRD and 252 in UTF, against full books of 56 and 311.
You are not choosing between two funds in isolation.
Whichever of PWRD and UTF you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, PWRD or UTF?
PWRD has an expense ratio of 0.75% while UTF charges 3.42%. PWRD is the cheaper option, by $267 a year on a $10,000 investment.
Which performed better, PWRD or UTF?
Over the past year PWRD returned +2.06% vs +14.56% for UTF, so UTF leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PWRD or UTF?
PWRD has been the more volatile fund at 23.2% annualized versus 19.3% for UTF. Worst drawdown: PWRD -25.9% vs UTF -30.3%.
Should I hold both PWRD and UTF?
PWRD and UTF have a monthly-return correlation of 0.61, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between PWRD and UTF?
At least 11.2% of PWRD's money is in holdings UTF also owns. Our book for UTF is partial, so the real figure is this or higher. They hold 3 positions in common, counted across the 28 positions we hold weights for in PWRD and 252 in UTF.
Which pays a higher dividend, PWRD or UTF?
PWRD yields 0.06% while UTF yields 7.58%, so UTF currently pays the higher dividend yield.
Is UTF better than PWRD?
PWRD has a lower expense ratio. PWRD led over 3Y and the full window, UTF over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.