PWRD vs VOO
TCW Transform Systems ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | PWRD | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.03% | |
| AUM | $1.5B | $979.0B | |
| Dividend Yield | 0.05% | 1.09% | |
| Holdings | 31 | 509 | |
| YTD Return | +15.68% | +13.72% | |
| 1Y Return | +19.36% | +21.63% | |
| 3Y Return (annualized) | +29.62% | +21.55% | |
| 5Y Return (annualized) | - | +13.26% | |
| Volatility (annualized) | 23.5% | 14.1% | |
| Max Drawdown | -25.9% | -34.3% | |
| Fund Family | TCW ETFs | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Feb 2, 2022 | Sep 7, 2010 |
PWRD vs VOO Performance
TCW Transform Systems ETF (PWRD) is a ETF from TCW ETFs and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year PWRD returned +19.36% while VOO returned +21.63%. Year to date, PWRD is up 15.68% versus a gain of 13.72% for VOO.
Over three years, PWRD compounded at +29.62% per year against +21.55% for VOO. Across the full 5-year window we track, PWRD has the edge at +21.24% annualized vs +13.56%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PWRD has been the more volatile fund, with annualized monthly volatility of 23.5% compared with 14.1% for VOO. 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 -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PWRD charges 0.75% per year while VOO charges 0.03%. On a $10,000 position that is $75 vs $3 annually, a gap of $72 per year that compounds over a long holding period. On income, PWRD currently yields 0.05% against 1.09% for VOO.
Holdings Overlap
PWRD and VOO share 17 holdings out of 522 unique holdings combined, representing a 8.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, PWRD or VOO?
PWRD has an expense ratio of 0.75% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $72 per year of difference.
Which performed better, PWRD or VOO?
Over the past year PWRD returned +19.36% vs +21.63% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (5 years), PWRD annualized +21.24% vs +13.56% for VOO. Past performance does not guarantee future results.
Which is riskier, PWRD or VOO?
PWRD has been the more volatile fund at 23.5% annualized versus 14.1% for VOO. Worst drawdown: PWRD -25.9% vs VOO -34.3%.
Should I hold both PWRD and VOO?
PWRD and VOO have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PWRD and VOO?
PWRD and VOO share 17 common holdings with a 8.4% weight overlap. Combined, they hold 522 unique securities.
Which pays a higher dividend, PWRD or VOO?
PWRD yields 0.05% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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