PWRD vs. ARTY

Last updated Jun 4, 2026

PWRD (TCW Transform Systems ETF) and ARTY (iShares Future AI & Tech ETF) are both exchange-traded funds - PWRD is a Energy Equities fund actively managed by TCW, while ARTY is a Technology Equities fund tracking the Morningstar Global Artificial Intelligence Select Index. PWRD is actively managed, while ARTY is passively managed. A 0.78 correlation means they provide meaningful diversification when combined. PWRD charges 0.75%/yr vs 0.47%/yr for ARTY.

Performance

PWRD vs. ARTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TCW Transform Systems ETF (PWRD) and iShares Future AI & Tech ETF (ARTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PWRD achieves a 19.81% return, which is significantly lower than ARTY's 66.09% return.

PWRD

• 1D: -0.09%
• 1M: 3.10%
• YTD: 19.81%
• 6M: 18.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARTY

• 1D: -0.90%
• 1M: 26.10%
• YTD: 66.09%
• 6M: 63.47%
• 1Y: 112.42%
• 3Y*: 36.54%
• 5Y*: 14.13%
• 10Y*: —

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

PWRD vs. ARTY - Yearly Performance Comparison

	2026 (YTD)	2025
PWRD TCW Transform Systems ETF	19.81%	7.66%
ARTY iShares Future AI & Tech ETF	66.09%	18.55%

Correlation

The correlation between PWRD and ARTY is 0.78, 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	0.78

Return for Risk

PWRD vs. ARTY — Risk / Return Rank

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

ARTY

ARTY Risk / Return Rank: 90
ARTY Sharpe Ratio Rank: 94
ARTY Sortino Ratio Rank: 89
ARTY Omega Ratio Rank: 87
ARTY Calmar Ratio Rank: 91
ARTY Martin Ratio Rank: 90

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.

PWRD vs. ARTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TCW Transform Systems ETF (PWRD) and iShares Future AI & Tech ETF (ARTY). 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

	PWRD	ARTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.78	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.50	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.32	0.63	+0.68

Drawdowns

PWRD vs. ARTY - Drawdown Comparison

The maximum PWRD drawdown since its inception was -14.12%, smaller than the maximum ARTY drawdown of -54.50%. Use the drawdown chart below to compare losses from any high point for PWRD and ARTY.

Drawdown Indicators

	PWRD	ARTY	Difference
Max Drawdown Largest peak-to-trough decline	-14.12%	-54.50%	+40.38%
Max Drawdown (1Y) Largest decline over 1 year	—	-18.81%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-32.44%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-50.53%	—
Current Drawdown Current decline from peak	-0.74%	-0.90%	+0.16%
Average Drawdown Average peak-to-trough decline	-3.17%	-19.85%	+16.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.40%	—

Volatility

Volatility by Period

	PWRD	ARTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.01%	—
Volatility (6M) Calculated over the trailing 6-month period	—	25.12%	—
Volatility (1Y) Calculated over the trailing 1-year period	24.03%	29.94%	-5.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.03%	28.58%	-4.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.03%	27.75%	-3.72%

PWRD vs. ARTY - Expense Ratio Comparison

PWRD has a 0.75% expense ratio, which is higher than ARTY's 0.47% expense ratio.

Dividends

PWRD vs. ARTY - Dividend Comparison

Neither PWRD nor ARTY has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
ARTY iShares Future AI & Tech ETF	0.00%	0.00%	0.50%	0.88%	0.75%	2.41%	0.53%	0.69%	0.34%
PWRD TCW Transform Systems ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PWRD and ARTY in my portfolio?

PWRD and ARTY have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PWRD or ARTY?

On fees, ARTY is cheaper at 0.47% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PWRD or ARTY?

ARTY is cheaper with a 0.47% expense ratio, compared with 0.75% for PWRD.

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

PWRD and ARTY have nearly identical dividend yields, around 0.00%.

What is the main difference between PWRD and ARTY?

PWRD is categorized as Energy Equities, while ARTY is Technology Equities. They also come from different issuers: TCW and iShares. Their fees differ too: 0.75% for PWRD and 0.47% for ARTY.