PWRD vs. POW

Last updated Jul 17, 2026

PWRD (TCW Transform Systems ETF) and POW (VistaShares Electrification Supercycle ETF) are both exchange-traded funds - PWRD is a Energy Equities fund actively managed by TCW, while POW is a Actively Managed fund actively managed by VistaShares. Both are actively managed. Their correlation of 0.81 suggests significant overlap in exposure. Both charge a 0.75% expense ratio.

Performance

PWRD vs. POW - Performance Comparison

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

Returns By Period

In the year-to-date period, PWRD achieves a 14.65% return, which is significantly lower than POW's 35.68% return.

PWRD

• 1D: -2.91%
• 1M: -4.26%
• 6M: 9.17%
• YTD: 14.65%
• 1Y: 23.10%
• 3Y*: 28.28%
• 5Y*: —
• 10Y*: —

POW

• 1D: -3.68%
• 1M: -13.79%
• 6M: 25.01%
• YTD: 35.68%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PWRD vs. POW - Yearly Performance Comparison

	2026 (YTD)	2025
PWRD TCW Transform Systems ETF	14.65%	-5.28%
POW VistaShares Electrification Supercycle ETF	35.68%	-1.70%

Correlation

The correlation between PWRD and POW is 0.81, 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 Oct 28, 2025	0.81

Return for Risk

PWRD vs. POW — Risk / Return Rank

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

PWRD

PWRD Risk / Return Rank: 33
PWRD Sharpe Ratio Rank: 28
PWRD Sortino Ratio Rank: 28
PWRD Omega Ratio Rank: 28
PWRD Calmar Ratio Rank: 39
PWRD Martin Ratio Rank: 40

POW

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. POW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TCW Transform Systems ETF (PWRD) and VistaShares Electrification Supercycle ETF (POW). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	PWRD	POW	Difference
Sharpe ratio: Return per unit of total volatility	0.86	—	—
Sortino ratio: Return per unit of downside risk	1.30	—	—
Omega ratio: Gain probability vs. loss probability	1.16	—	—
Calmar ratio: Return relative to maximum drawdown	1.64	—	—
Martin ratio: Return relative to average drawdown	5.12	—	—

Drawdowns

PWRD vs. POW - Drawdown Comparison

The maximum PWRD drawdown since its inception was -25.87%, which is greater than POW's maximum drawdown of -20.28%. Use the drawdown chart below to compare losses from any high point for PWRD and POW.

Drawdown Indicators

	PWRD	POW	Difference
Max Drawdown Largest peak-to-trough decline	-25.87%	-20.28%	-5.59%
Max Drawdown (1Y) Largest decline over 1 year	-14.12%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-25.87%	—	—
Current Drawdown Current decline from peak	-10.39%	-20.28%	+9.89%
Average Drawdown Average peak-to-trough decline	-5.08%	-4.56%	-0.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.52%	—	—

Volatility

Volatility by Period

	PWRD	POW	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.09%	—	—
Volatility (6M) Calculated over the trailing 6-month period	22.61%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	26.90%	33.06%	-6.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.23%	33.06%	-9.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.23%	33.06%	-9.83%

PWRD vs. POW - Expense Ratio Comparison

Both PWRD and POW have an expense ratio of 0.75%.

Dividends

PWRD vs. POW - Dividend Comparison

PWRD's dividend yield for the trailing twelve months is around 0.06%, less than POW's 0.14% yield.

Position	TTM	2025	2024	2023	2022
POW VistaShares Electrification Supercycle ETF	0.14%	0.19%	0.00%	0.00%	0.00%
PWRD TCW Transform Systems ETF	0.06%	0.22%	0.49%	0.78%	0.91%

Frequently Asked Questions

Can I hold both PWRD and POW in my portfolio?

PWRD and POW have a correlation of 0.81, 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 POW?

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, PWRD or POW?

PWRD and POW have the same expense ratio: 0.75% per year.

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

POW has the higher dividend yield at 0.14%, compared with 0.06% for PWRD.

What is the main difference between PWRD and POW?

PWRD is categorized as Energy Equities, while POW is Actively Managed. They also come from different issuers: TCW and VistaShares.