SUSA vs. GRW

Last updated Jun 5, 2026

SUSA (iShares MSCI USA ESG Select ETF) and GRW (TCW Durable Growth ETF) are both Large Cap Growth Equities funds. SUSA is passively managed, while GRW is actively managed. Their correlation of 0.80 suggests significant overlap in exposure. SUSA charges 0.25%/yr vs 0.75%/yr for GRW.

Performance

SUSA vs. GRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI USA ESG Select ETF (SUSA) and TCW Durable Growth ETF (GRW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SUSA

• 1D: 0.36%
• 1M: 5.24%
• YTD: 11.51%
• 6M: 11.01%
• 1Y: 26.81%
• 3Y*: 21.19%
• 5Y*: 11.94%
• 10Y*: 15.03%

GRW

• 1D: 0.18%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SUSA vs. GRW - Yearly Performance Comparison

	2026 (YTD)
SUSA iShares MSCI USA ESG Select ETF	1.14%
GRW TCW Durable Growth ETF	1.46%

Correlation

The correlation between SUSA 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

SUSA vs. GRW - Sectors Allocation Comparison

Sectors	SUSA	GRW
Technology	39.4%	26.6%
Financial Services	11.9%	9.8%
Industrials	10.2%	38.1%
Healthcare	9.0%	4.1%
Communication Services	8.5%	9.1%
Consumer Cyclical	6.9%	8.3%
Energy	3.9%	-
Consumer Defensive	3.5%	-
Real Estate	3.1%	-
Basic Materials	2.5%	4.0%
Utilities	1.3%	-

Return for Risk

SUSA vs. GRW — Risk / Return Rank

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

SUSA

SUSA Risk / Return Rank: 65
SUSA Sharpe Ratio Rank: 67
SUSA Sortino Ratio Rank: 66
SUSA Omega Ratio Rank: 66
SUSA Calmar Ratio Rank: 57
SUSA Martin Ratio Rank: 67

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.

SUSA vs. GRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA ESG Select ETF (SUSA) 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.

	SUSA	GRW	Difference
Sharpe ratio: Return per unit of total volatility	2.18	—	—
Sortino ratio: Return per unit of downside risk	3.00	—	—
Omega ratio: Gain probability vs. loss probability	1.39	—	—
Calmar ratio: Return relative to maximum drawdown	2.77	—	—
Martin ratio: Return relative to average drawdown	12.27	—	—
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

	SUSA	GRW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.18	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.83	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	13.58	-13.00

Drawdowns

SUSA vs. GRW - Drawdown Comparison

The maximum SUSA drawdown since its inception was -53.93%, which is greater than GRW's maximum drawdown of -0.45%. Use the drawdown chart below to compare losses from any high point for SUSA and GRW.

Drawdown Indicators

	SUSA	GRW	Difference
Max Drawdown Largest peak-to-trough decline	-53.93%	-0.45%	-53.48%
Max Drawdown (1Y) Largest decline over 1 year	-9.71%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.30%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-28.23%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-32.93%	—	—
Current Drawdown Current decline from peak	-0.52%	-0.27%	-0.25%
Average Drawdown Average peak-to-trough decline	-7.24%	-0.17%	-7.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.19%	—	—

Volatility

Volatility by Period

	SUSA	GRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.17%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.58%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.36%	8.89%	+3.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.33%	8.89%	+8.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.15%	8.89%	+9.26%

SUSA vs. GRW - Expense Ratio Comparison

SUSA has a 0.25% expense ratio, which is lower than GRW's 0.75% expense ratio.

Dividends

SUSA vs. GRW - Dividend Comparison

SUSA's dividend yield for the trailing twelve months is around 0.82%, while GRW has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GRW TCW Durable Growth ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SUSA iShares MSCI USA ESG Select ETF	0.82%	0.89%	1.15%	1.32%	1.52%	0.98%	1.17%	1.52%	1.72%	1.40%	1.56%	1.42%

Frequently Asked Questions

Can I hold both SUSA and GRW in my portfolio?

SUSA 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, SUSA or GRW?

On fees, SUSA is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SUSA or GRW?

SUSA is cheaper with a 0.25% expense ratio, compared with 0.75% for GRW.

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

SUSA has the higher dividend yield at 0.82%, compared with 0.00% for GRW.

What is the main difference between SUSA and GRW?

They also come from different issuers: iShares and TCW. Their fees differ too: 0.25% for SUSA and 0.75% for GRW.