JIVE vs. PWRD

Last updated Jun 9, 2026

JIVE (Jpmorgan International Value ETF) and PWRD (TCW Transform Systems ETF) are both exchange-traded funds - JIVE is a Foreign Large Cap Equities fund actively managed by JPMorgan, while PWRD is a Energy Equities fund actively managed by TCW. Both are actively managed. A 0.62 correlation means they provide meaningful diversification when combined. JIVE charges 0.55%/yr vs 0.75%/yr for PWRD.

Performance

JIVE vs. PWRD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Jpmorgan International Value ETF (JIVE) and TCW Transform Systems ETF (PWRD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JIVE achieves a 13.36% return, which is significantly lower than PWRD's 15.73% return.

JIVE

• 1D: 0.47%
• 1M: -1.11%
• YTD: 13.36%
• 6M: 17.43%
• 1Y: 38.20%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PWRD

• 1D: 0.94%
• 1M: -0.53%
• YTD: 15.73%
• 6M: 13.63%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JIVE vs. PWRD - Yearly Performance Comparison

	2026 (YTD)	2025
JIVE Jpmorgan International Value ETF	13.36%	19.91%
PWRD TCW Transform Systems ETF	15.73%	7.66%

Correlation

The correlation between JIVE and PWRD is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 30, 2025	0.62

Return for Risk

JIVE vs. PWRD — Risk / Return Rank

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

JIVE

JIVE Risk / Return Rank: 83
JIVE Sharpe Ratio Rank: 87
JIVE Sortino Ratio Rank: 84
JIVE Omega Ratio Rank: 84
JIVE Calmar Ratio Rank: 78
JIVE Martin Ratio Rank: 79

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.

JIVE vs. PWRD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Jpmorgan International Value ETF (JIVE) and TCW Transform Systems ETF (PWRD). 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.

	JIVE	PWRD	Difference
Sharpe ratio: Return per unit of total volatility	2.60	—	—
Sortino ratio: Return per unit of downside risk	3.40	—	—
Omega ratio: Gain probability vs. loss probability	1.46	—	—
Calmar ratio: Return relative to maximum drawdown	3.63	—	—
Martin ratio: Return relative to average drawdown	13.97	—	—
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

	JIVE	PWRD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.60	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.92	1.09	+0.83

Drawdowns

JIVE vs. PWRD - Drawdown Comparison

The maximum JIVE drawdown since its inception was -13.79%, roughly equal to the maximum PWRD drawdown of -14.12%. Use the drawdown chart below to compare losses from any high point for JIVE and PWRD.

Drawdown Indicators

	JIVE	PWRD	Difference
Max Drawdown Largest peak-to-trough decline	-13.79%	-14.12%	+0.33%
Max Drawdown (1Y) Largest decline over 1 year	-10.57%	—	—
Current Drawdown Current decline from peak	-3.07%	-4.12%	+1.05%
Average Drawdown Average peak-to-trough decline	-1.96%	-3.17%	+1.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.74%	—	—

Volatility

Volatility by Period

	JIVE	PWRD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.94%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.40%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.80%	24.34%	-9.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.06%	24.34%	-9.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.06%	24.34%	-9.28%

JIVE vs. PWRD - Expense Ratio Comparison

JIVE has a 0.55% expense ratio, which is lower than PWRD's 0.75% expense ratio.

Dividends

JIVE vs. PWRD - Dividend Comparison

JIVE's dividend yield for the trailing twelve months is around 2.54%, while PWRD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
JIVE Jpmorgan International Value ETF	2.54%	2.88%	2.48%	0.74%
PWRD TCW Transform Systems ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JIVE and PWRD in my portfolio?

JIVE and PWRD have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JIVE or PWRD?

On fees, JIVE 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, JIVE or PWRD?

JIVE is cheaper with a 0.55% expense ratio, compared with 0.75% for PWRD.

Which ETF pays a higher dividend yield, JIVE or PWRD?

JIVE has the higher dividend yield at 2.54%, compared with 0.00% for PWRD.

What is the main difference between JIVE and PWRD?

JIVE is categorized as Foreign Large Cap Equities, while PWRD is Energy Equities. They also come from different issuers: JPMorgan and TCW. Their fees differ too: 0.55% for JIVE and 0.75% for PWRD.