GRW vs. GQGU

Last updated Jun 5, 2026

GRW (TCW Durable Growth ETF) and GQGU (GQG US Equity ETF) are both Large Cap Growth Equities funds. Both are actively managed. Their correlation of 0.90 suggests significant overlap in exposure. GRW charges 0.75%/yr vs 0.49%/yr for GQGU.

Performance

GRW vs. GQGU - Performance Comparison

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

Returns By Period

GRW

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

GQGU

• 1D: -0.15%
• 1M: -1.69%
• YTD: 6.44%
• 6M: 7.69%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GRW vs. GQGU - Yearly Performance Comparison

	2026 (YTD)
GRW TCW Durable Growth ETF	1.46%
GQGU GQG US Equity ETF	-0.46%

Correlation

The correlation between GRW and GQGU 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

Return for Risk

GRW vs. GQGU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TCW Durable Growth ETF (GRW) and GQG US Equity ETF (GQGU). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	GRW	GQGU	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	13.58	0.58	+13.00

Drawdowns

GRW vs. GQGU - Drawdown Comparison

The maximum GRW drawdown since its inception was -0.45%, smaller than the maximum GQGU drawdown of -6.65%. Use the drawdown chart below to compare losses from any high point for GRW and GQGU.

Drawdown Indicators

	GRW	GQGU	Difference
Max Drawdown Largest peak-to-trough decline	-0.45%	-6.65%	+6.20%
Current Drawdown Current decline from peak	-0.27%	-4.80%	+4.53%
Average Drawdown Average peak-to-trough decline	-0.17%	-2.55%	+2.38%

Volatility

Volatility by Period

	GRW	GQGU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	8.89%	10.12%	-1.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.89%	10.12%	-1.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.89%	10.12%	-1.23%

GRW vs. GQGU - Expense Ratio Comparison

GRW has a 0.75% expense ratio, which is higher than GQGU's 0.49% expense ratio.

Dividends

GRW vs. GQGU - Dividend Comparison

GRW has not paid dividends to shareholders, while GQGU's dividend yield for the trailing twelve months is around 0.96%.

Position	TTM	2025
GQGU GQG US Equity ETF	0.96%	1.02%
GRW TCW Durable Growth ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both GRW and GQGU in my portfolio?

With a correlation of 0.90, GRW and GQGU 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, GRW or GQGU?

On fees, GQGU is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GRW or GQGU?

GQGU is cheaper with a 0.49% expense ratio, compared with 0.75% for GRW.

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

GQGU has the higher dividend yield at 0.96%, compared with 0.00% for GRW.

What is the main difference between GRW and GQGU?

They also come from different issuers: TCW and GQG Partners. Their fees differ too: 0.75% for GRW and 0.49% for GQGU.