SUPP vs. PWRD

Last updated Jun 4, 2026

SUPP (TCW Transform Supply Chain ETF) and PWRD (TCW Transform Systems ETF) are both exchange-traded funds - SUPP is a Large Cap Blend Equities fund actively managed by TCW, while PWRD is a Energy Equities fund actively managed by TCW. Both are actively managed. Their correlation of 0.85 suggests significant overlap in exposure. Both charge a 0.75% expense ratio.

Performance

SUPP vs. PWRD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TCW Transform Supply Chain ETF (SUPP) 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, SUPP achieves a 21.37% return, which is significantly higher than PWRD's 19.81% return.

SUPP

• 1D: -0.15%
• 1M: 6.38%
• YTD: 21.37%
• 6M: 18.97%
• 1Y: 32.28%
• 3Y*: 19.34%
• 5Y*: —
• 10Y*: —

PWRD

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

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

SUPP vs. PWRD - Yearly Performance Comparison

	2026 (YTD)	2025
SUPP TCW Transform Supply Chain ETF	21.37%	4.38%
PWRD TCW Transform Systems ETF	19.81%	7.66%

Correlation

The correlation between SUPP and PWRD is 0.85, 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 Jun 30, 2025	0.85

Return for Risk

SUPP vs. PWRD — Risk / Return Rank

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

SUPP

SUPP Risk / Return Rank: 50
SUPP Sharpe Ratio Rank: 49
SUPP Sortino Ratio Rank: 49
SUPP Omega Ratio Rank: 47
SUPP Calmar Ratio Rank: 49
SUPP Martin Ratio Rank: 57

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.

SUPP vs. PWRD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TCW Transform Supply Chain ETF (SUPP) 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.

	SUPP	PWRD	Difference
Sharpe ratio: Return per unit of total volatility	1.68	—	—
Sortino ratio: Return per unit of downside risk	2.38	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	2.39	—	—
Martin ratio: Return relative to average drawdown	9.82	—	—
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

	SUPP	PWRD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.68	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.89	1.32	-0.42

Drawdowns

SUPP vs. PWRD - Drawdown Comparison

The maximum SUPP drawdown since its inception was -25.03%, which is greater than PWRD's maximum drawdown of -14.12%. Use the drawdown chart below to compare losses from any high point for SUPP and PWRD.

Drawdown Indicators

	SUPP	PWRD	Difference
Max Drawdown Largest peak-to-trough decline	-25.03%	-14.12%	-10.91%
Max Drawdown (1Y) Largest decline over 1 year	-13.59%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-25.03%	—	—
Current Drawdown Current decline from peak	-0.15%	-0.74%	+0.59%
Average Drawdown Average peak-to-trough decline	-4.41%	-3.17%	-1.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.29%	—	—

Volatility

Volatility by Period

	SUPP	PWRD	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.15%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.42%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.38%	24.03%	-4.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.44%	24.03%	-4.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.44%	24.03%	-4.59%

SUPP vs. PWRD - Expense Ratio Comparison

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

Dividends

SUPP vs. PWRD - Dividend Comparison

SUPP's dividend yield for the trailing twelve months is around 0.29%, while PWRD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
PWRD TCW Transform Systems ETF	0.00%	0.00%	0.00%	0.00%
SUPP TCW Transform Supply Chain ETF	0.29%	0.35%	0.49%	0.45%

Frequently Asked Questions

Can I hold both SUPP and PWRD in my portfolio?

SUPP and PWRD have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SUPP or PWRD?

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, SUPP or PWRD?

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

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

SUPP has the higher dividend yield at 0.29%, compared with 0.00% for PWRD.

What is the main difference between SUPP and PWRD?

SUPP is categorized as Large Cap Blend Equities, while PWRD is Energy Equities.