GRW vs. GQGU

Last updated Jul 14, 2026

GRW (TCW Durable Growth ETF) and GQGU (GQG US Equity ETF) are both Large Cap Growth Equities funds. Both are actively managed. At a correlation of -0.52, they often move in opposite directions. 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: -1.53%
• 1M: 0.44%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GQGU

• 1D: 0.29%
• 1M: -0.27%
• 6M: 6.11%
• YTD: 6.11%
• 1Y: 4.92%
• 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	1.86%
GQGU GQG US Equity ETF	-0.72%

Correlation

The correlation between GRW and GQGU is -0.52, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	-0.52

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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

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

Drawdowns

GRW vs. GQGU - Drawdown Comparison

The maximum GRW drawdown since its inception was -3.83%, smaller than the maximum GQGU drawdown of -8.41%. 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	-3.83%	-8.41%	+4.58%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.41%	—
Current Drawdown Current decline from peak	-2.91%	-5.09%	+2.18%
Average Drawdown Average peak-to-trough decline	-1.07%	-2.88%	+1.81%

Volatility

Volatility by Period

	GRW	GQGU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	16.94%	10.74%	+6.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.94%	10.74%	+6.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.94%	10.74%	+6.20%

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?

GRW and GQGU have a correlation of -0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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.