IQSU vs. GRW

Last updated Jun 4, 2026

IQSU (IQ Candriam ESG U.S. Equity ETF) and GRW (TCW Durable Growth ETF) are both Large Cap Growth Equities funds. IQSU is passively managed, while GRW is actively managed. At a 0.40 correlation, their price movements are largely independent. IQSU charges 0.09%/yr vs 0.75%/yr for GRW.

Performance

IQSU vs. GRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IQ Candriam ESG U.S. Equity ETF (IQSU) and TCW Durable Growth ETF (GRW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IQSU

• 1D: -0.46%
• 1M: 6.63%
• YTD: 13.06%
• 6M: 13.30%
• 1Y: 29.34%
• 3Y*: 19.64%
• 5Y*: 12.84%
• 10Y*: —

GRW

• 1D: -0.32%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IQSU vs. GRW - Yearly Performance Comparison

	2026 (YTD)
IQSU IQ Candriam ESG U.S. Equity ETF	-0.34%
GRW TCW Durable Growth ETF	1.29%

Correlation

The correlation between IQSU and GRW is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.40

IQSU vs. GRW - Sectors Allocation Comparison

Sectors	IQSU	GRW
Technology	34.0%	26.6%
Communication Services	15.0%	9.1%
Consumer Cyclical	14.8%	8.3%
Financial Services	11.7%	9.8%
Industrials	6.8%	38.1%
Healthcare	6.2%	4.1%
Consumer Defensive	3.5%	-
Real Estate	2.8%	-
Basic Materials	2.7%	4.0%
Energy	1.3%	-
Utilities	1.2%	-

Return for Risk

IQSU vs. GRW — Risk / Return Rank

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

IQSU

IQSU Risk / Return Rank: 61
IQSU Sharpe Ratio Rank: 64
IQSU Sortino Ratio Rank: 62
IQSU Omega Ratio Rank: 64
IQSU Calmar Ratio Rank: 54
IQSU Martin Ratio Rank: 61

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.

IQSU vs. GRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IQ Candriam ESG U.S. Equity ETF (IQSU) 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.

	IQSU	GRW	Difference
Sharpe ratio Return per unit of total volatility	2.13	—	—
Sortino ratio Return per unit of downside risk	2.91	—	—
Omega ratio Gain probability vs. loss probability	1.39	—	—
Calmar ratio Return relative to maximum drawdown	2.64	—	—
Martin ratio Return relative to average drawdown	10.74	—	—
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

	IQSU	GRW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.13	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.79	14.00	-13.21

Drawdowns

IQSU vs. GRW - Drawdown Comparison

The maximum IQSU drawdown since its inception was -31.29%, which is greater than GRW's maximum drawdown of -0.45%. Use the drawdown chart below to compare losses from any high point for IQSU and GRW.

Drawdown Indicators

	IQSU	GRW	Difference
Max Drawdown Largest peak-to-trough decline	-31.29%	-0.45%	-30.84%
Max Drawdown (1Y) Largest decline over 1 year	-11.18%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-20.96%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-26.76%	—	—
Current Drawdown Current decline from peak	-0.48%	-0.45%	-0.03%
Average Drawdown Average peak-to-trough decline	-5.99%	-0.14%	-5.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.74%	—	—

Volatility

Volatility by Period

	IQSU	GRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.64%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.83%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.85%	10.19%	+3.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.88%	10.19%	+7.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.68%	10.19%	+10.49%

IQSU vs. GRW - Expense Ratio Comparison

IQSU has a 0.09% expense ratio, which is lower than GRW's 0.75% expense ratio.

Dividends

IQSU vs. GRW - Dividend Comparison

IQSU's dividend yield for the trailing twelve months is around 0.97%, while GRW has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
GRW TCW Durable Growth ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IQSU IQ Candriam ESG U.S. Equity ETF	0.97%	1.09%	1.12%	1.15%	1.47%	1.07%	0.98%

Frequently Asked Questions

Can I hold both IQSU and GRW in my portfolio?

IQSU and GRW have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IQSU or GRW?

On fees, IQSU is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IQSU or GRW?

IQSU is cheaper with a 0.09% expense ratio, compared with 0.75% for GRW.

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

IQSU has the higher dividend yield at 0.97%, compared with 0.00% for GRW.

What is the main difference between IQSU and GRW?

They also come from different issuers: New York Life and TCW. Their fees differ too: 0.09% for IQSU and 0.75% for GRW.