BGRO vs. GRW

Last updated Jun 5, 2026

BGRO (BlackRock Large Cap Growth ETF) and GRW (TCW Durable Growth ETF) are both Large Cap Growth Equities funds. Both are actively managed. Their correlation of 0.90 suggests significant overlap in exposure. BGRO charges 0.55%/yr vs 0.75%/yr for GRW.

Performance

BGRO vs. GRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Large Cap Growth ETF (BGRO) and TCW Durable Growth ETF (GRW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BGRO

• 1D: 0.03%
• 1M: 7.41%
• YTD: 13.75%
• 6M: 13.14%
• 1Y: 24.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GRW

• 1D: 0.18%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BGRO vs. GRW - Yearly Performance Comparison

	2026 (YTD)
BGRO BlackRock Large Cap Growth ETF	0.28%
GRW TCW Durable Growth ETF	1.46%

Correlation

The correlation between BGRO and GRW is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.90

BGRO vs. GRW - Sectors Allocation Comparison

Sectors	BGRO	GRW
Technology	50.8%	26.6%
Industrials	13.8%	38.1%
Communication Services	11.8%	9.1%
Consumer Cyclical	10.0%	8.3%
Healthcare	5.3%	4.1%
Real Estate	3.3%	-
Financial Services	1.6%	9.8%
Basic Materials	1.3%	4.0%
Consumer Defensive	1.1%	-
Energy	0.9%	-
Utilities	-	-

Return for Risk

BGRO vs. GRW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BGRO

BGRO Risk / Return Rank: 35
BGRO Sharpe Ratio Rank: 39
BGRO Sortino Ratio Rank: 37
BGRO Omega Ratio Rank: 37
BGRO Calmar Ratio Rank: 29
BGRO Martin Ratio Rank: 32

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BGRO vs. GRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Large Cap Growth ETF (BGRO) and TCW Durable Growth ETF (GRW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BGRO	GRW	Difference
Sharpe ratio: Return per unit of total volatility	1.37	—	—
Sortino ratio: Return per unit of downside risk	1.88	—	—
Omega ratio: Gain probability vs. loss probability	1.24	—	—
Calmar ratio: Return relative to maximum drawdown	1.41	—	—
Martin ratio: Return relative to average drawdown	4.71	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BGRO	GRW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.37	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	13.58	-12.76

Drawdowns

BGRO vs. GRW - Drawdown Comparison

The maximum BGRO drawdown since its inception was -24.94%, which is greater than GRW's maximum drawdown of -0.45%. Use the drawdown chart below to compare losses from any high point for BGRO and GRW.

Drawdown Indicators

	BGRO	GRW	Difference
Max Drawdown Largest peak-to-trough decline	-24.94%	-0.45%	-24.49%
Max Drawdown (1Y) Largest decline over 1 year	-17.64%	—	—
Current Drawdown Current decline from peak	-2.02%	-0.27%	-1.75%
Average Drawdown Average peak-to-trough decline	-4.75%	-0.17%	-4.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.26%	—	—

Volatility

Volatility by Period

	BGRO	GRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.93%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.23%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.17%	8.89%	+9.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.54%	8.89%	+14.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.54%	8.89%	+14.65%

BGRO vs. GRW - Expense Ratio Comparison

BGRO has a 0.55% expense ratio, which is lower than GRW's 0.75% expense ratio.

Dividends

BGRO vs. GRW - Dividend Comparison

BGRO's dividend yield for the trailing twelve months is around 0.03%, while GRW has not paid dividends to shareholders.

Position	TTM	2025
BGRO BlackRock Large Cap Growth ETF	0.03%	0.04%
GRW TCW Durable Growth ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both BGRO and GRW in my portfolio?

With a correlation of 0.90, BGRO and GRW move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, BGRO or GRW?

On fees, BGRO is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BGRO or GRW?

BGRO is cheaper with a 0.55% expense ratio, compared with 0.75% for GRW.

Which ETF pays a higher dividend yield, BGRO or GRW?

BGRO has the higher dividend yield at 0.03%, compared with 0.00% for GRW.

What is the main difference between BGRO and GRW?

They also come from different issuers: iShares and TCW. Their fees differ too: 0.55% for BGRO and 0.75% for GRW.