PWRD vs. INFR
PWRD (TCW Transform Systems ETF) and INFR (ClearBridge Sustainable Infrastructure ETF) are both Energy Equities funds. PWRD is actively managed, while INFR is passively managed. At a 0.14 correlation, their price movements are largely independent. PWRD charges 0.75%/yr vs 0.59%/yr for INFR.
Performance
PWRD vs. INFR - Performance Comparison
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Returns By Period
In the year-to-date period, PWRD achieves a 19.81% return, which is significantly higher than INFR's 1.41% return.
PWRD
- 1D
- -0.09%
- 1M
- 3.10%
- YTD
- 19.81%
- 6M
- 18.04%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
INFR
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 1.41%
- 6M
- 0.97%
- 1Y
- 7.79%
- 3Y*
- 5.55%
- 5Y*
- —
- 10Y*
- —
PWRD vs. INFR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PWRD TCW Transform Systems ETF | 19.81% | 7.66% |
INFR ClearBridge Sustainable Infrastructure ETF | 1.41% | 4.02% |
Correlation
The correlation between PWRD and INFR is 0.14, 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 Jun 30, 2025 | 0.14 |
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Return for Risk
PWRD vs. INFR — Risk / Return Rank
PWRD
INFR
PWRD vs. INFR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TCW Transform Systems ETF (PWRD) and ClearBridge Sustainable Infrastructure ETF (INFR). 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.
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Sharpe Ratios by Period
| PWRD | INFR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 0.93 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.32 | 0.46 | +0.86 |
Drawdowns
PWRD vs. INFR - Drawdown Comparison
The maximum PWRD drawdown since its inception was -14.12%, smaller than the maximum INFR drawdown of -19.28%. Use the drawdown chart below to compare losses from any high point for PWRD and INFR.
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Drawdown Indicators
| PWRD | INFR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.12% | -19.28% | +5.16% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.43% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.55% | — |
Current DrawdownCurrent decline from peak | -0.74% | -0.70% | -0.04% |
Average DrawdownAverage peak-to-trough decline | -3.17% | -4.93% | +1.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.04% | — |
Volatility
PWRD vs. INFR - Volatility Comparison
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Volatility by Period
| PWRD | INFR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.00% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.79% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 24.03% | 9.00% | +15.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.03% | 14.26% | +9.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.03% | 14.26% | +9.77% |
PWRD vs. INFR - Expense Ratio Comparison
PWRD has a 0.75% expense ratio, which is higher than INFR's 0.59% expense ratio.
Dividends
PWRD vs. INFR - Dividend Comparison
PWRD has not paid dividends to shareholders, while INFR's dividend yield for the trailing twelve months is around 2.49%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
INFR ClearBridge Sustainable Infrastructure ETF | 2.49% | 2.52% | 2.36% | 3.06% |
PWRD TCW Transform Systems ETF | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PWRD and INFR have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, INFR is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.
INFR is cheaper with a 0.59% expense ratio, compared with 0.75% for PWRD.
INFR has the higher dividend yield at 2.49%, compared with 0.00% for PWRD.
They also come from different issuers: TCW and ClearBridge. Their fees differ too: 0.75% for PWRD and 0.59% for INFR.
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