NANC vs. GRW

Last updated Jun 4, 2026

NANC (Subversive Unusual Whales Democratic ETF) and GRW (TCW Durable Growth ETF) are both Large Cap Growth Equities funds. Both are actively managed. Their correlation of 0.80 suggests significant overlap in exposure. Both charge a 0.75% expense ratio.

Performance

NANC vs. GRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Subversive Unusual Whales Democratic ETF (NANC) and TCW Durable Growth ETF (GRW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NANC

• 1D: -1.03%
• 1M: 6.13%
• YTD: 9.48%
• 6M: 9.13%
• 1Y: 26.05%
• 3Y*: 23.55%
• 5Y*: —
• 10Y*: —

GRW

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

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

NANC vs. GRW - Yearly Performance Comparison

	2026 (YTD)
NANC Subversive Unusual Whales Democratic ETF	0.51%
GRW TCW Durable Growth ETF	1.29%

Correlation

The correlation between NANC and GRW is 0.80, 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	0.80

NANC vs. GRW - Sectors Allocation Comparison

Sectors	NANC	GRW
Technology	41.5%	26.6%
Communication Services	15.1%	9.1%
Healthcare	10.5%	4.1%
Consumer Cyclical	9.2%	8.3%
Financial Services	7.7%	9.8%
Consumer Defensive	7.6%	-
Industrials	5.5%	38.1%
Basic Materials	2.2%	4.0%
Utilities	0.6%	-
Energy	-	-
Real Estate	-	-

Return for Risk

NANC vs. GRW — Risk / Return Rank

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

NANC

NANC Risk / Return Rank: 51
NANC Sharpe Ratio Rank: 55
NANC Sortino Ratio Rank: 54
NANC Omega Ratio Rank: 54
NANC Calmar Ratio Rank: 42
NANC Martin Ratio Rank: 52

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.

NANC vs. GRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Subversive Unusual Whales Democratic ETF (NANC) 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.

	NANC	GRW	Difference
Sharpe ratio Return per unit of total volatility	1.93	—	—
Sortino ratio Return per unit of downside risk	2.67	—	—
Omega ratio Gain probability vs. loss probability	1.34	—	—
Calmar ratio Return relative to maximum drawdown	2.14	—	—
Martin ratio Return relative to average drawdown	8.86	—	—
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

	NANC	GRW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.93	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.38	14.00	-12.61

Drawdowns

NANC vs. GRW - Drawdown Comparison

The maximum NANC drawdown since its inception was -20.94%, which is greater than GRW's maximum drawdown of -0.45%. Use the drawdown chart below to compare losses from any high point for NANC and GRW.

Drawdown Indicators

	NANC	GRW	Difference
Max Drawdown Largest peak-to-trough decline	-20.94%	-0.45%	-20.49%
Max Drawdown (1Y) Largest decline over 1 year	-12.21%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-20.94%	—	—
Current Drawdown Current decline from peak	-1.34%	-0.45%	-0.89%
Average Drawdown Average peak-to-trough decline	-2.67%	-0.14%	-2.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	—	—

Volatility

Volatility by Period

	NANC	GRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.65%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.38%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.60%	10.19%	+3.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.73%	10.19%	+6.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.73%	10.19%	+6.54%

NANC vs. GRW - Expense Ratio Comparison

Both NANC and GRW have an expense ratio of 0.75%.

Dividends

NANC vs. GRW - Dividend Comparison

NANC's dividend yield for the trailing twelve months is around 0.19%, while GRW has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
GRW TCW Durable Growth ETF	0.00%	0.00%	0.00%	0.00%
NANC Subversive Unusual Whales Democratic ETF	0.19%	0.21%	0.20%	0.94%

Frequently Asked Questions

Can I hold both NANC and GRW in my portfolio?

NANC and GRW have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NANC or GRW?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NANC or GRW?

NANC and GRW have the same expense ratio: 0.75% per year.

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

NANC has the higher dividend yield at 0.19%, compared with 0.00% for GRW.

What is the main difference between NANC and GRW?

They also come from different issuers: Subversive and TCW.