USMC vs. GRW

Last updated Jun 3, 2026

USMC (Principal U.S. Mega-Cap ETF) and GRW (TCW Durable Growth ETF) are both Large Cap Growth Equities funds. USMC is passively managed, while GRW is actively managed. A 0.50 correlation means they provide meaningful diversification when combined. USMC charges 0.12%/yr vs 0.75%/yr for GRW.

Performance

USMC vs. GRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal U.S. Mega-Cap ETF (USMC) and TCW Durable Growth ETF (GRW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

USMC

• 1D: 0.11%
• 1M: 5.62%
• YTD: 9.11%
• 6M: 8.87%
• 1Y: 24.67%
• 3Y*: 22.12%
• 5Y*: 15.68%
• 10Y*: —

GRW

• 1D: -0.13%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

USMC vs. GRW - Yearly Performance Comparison

	2026 (YTD)
USMC Principal U.S. Mega-Cap ETF	0.52%
GRW TCW Durable Growth ETF	1.61%

Correlation

The correlation between USMC and GRW is 0.50, 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 May 29, 2026	0.50

USMC vs. GRW - Sectors Allocation Comparison

Sectors	USMC	GRW
Technology	29.1%	26.6%
Financial Services	19.6%	9.8%
Communication Services	14.7%	9.1%
Consumer Defensive	9.6%	-
Consumer Cyclical	8.4%	8.3%
Healthcare	8.1%	4.1%
Industrials	5.6%	38.1%
Energy	4.8%	-
Basic Materials	-	4.0%
Real Estate	-	-
Utilities	-	-

Return for Risk

USMC vs. GRW — Risk / Return Rank

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

USMC

USMC Risk / Return Rank: 57
USMC Sharpe Ratio Rank: 62
USMC Sortino Ratio Rank: 63
USMC Omega Ratio Rank: 59
USMC Calmar Ratio Rank: 49
USMC Martin Ratio Rank: 54

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.

USMC vs. GRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal U.S. Mega-Cap ETF (USMC) 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.

	USMC	GRW	Difference
Sharpe ratio Return per unit of total volatility	2.10	—	—
Sortino ratio Return per unit of downside risk	2.95	—	—
Omega ratio Gain probability vs. loss probability	1.37	—	—
Calmar ratio Return relative to maximum drawdown	2.45	—	—
Martin ratio Return relative to average drawdown	9.38	—	—
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

	USMC	GRW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.10	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.96	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.84	37.56	-36.72

Drawdowns

USMC vs. GRW - Drawdown Comparison

The maximum USMC drawdown since its inception was -29.97%, which is greater than GRW's maximum drawdown of -0.13%. Use the drawdown chart below to compare losses from any high point for USMC and GRW.

Drawdown Indicators

	USMC	GRW	Difference
Max Drawdown Largest peak-to-trough decline	-29.97%	-0.13%	-29.84%
Max Drawdown (1Y) Largest decline over 1 year	-10.30%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.12%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.09%	—	—
Current Drawdown Current decline from peak	0.00%	-0.13%	+0.13%
Average Drawdown Average peak-to-trough decline	-4.41%	-0.04%	-4.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.69%	—	—

Volatility

Volatility by Period

	USMC	GRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.49%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.69%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.81%	9.26%	+2.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.36%	9.26%	+7.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.25%	9.26%	+8.99%

USMC vs. GRW - Expense Ratio Comparison

USMC has a 0.12% expense ratio, which is lower than GRW's 0.75% expense ratio.

Dividends

USMC vs. GRW - Dividend Comparison

USMC's dividend yield for the trailing twelve months is around 0.74%, while GRW has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
USMC Principal U.S. Mega-Cap ETF	0.74%	0.79%	1.04%	1.35%	1.78%	1.53%	1.55%	2.01%	2.28%	0.24%

Frequently Asked Questions

Can I hold both USMC and GRW in my portfolio?

USMC and GRW have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, USMC or GRW?

On fees, USMC is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, USMC or GRW?

USMC is cheaper with a 0.12% expense ratio, compared with 0.75% for GRW.

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

USMC has the higher dividend yield at 0.74%, compared with 0.00% for GRW.

What is the main difference between USMC and GRW?

They also come from different issuers: Principal and TCW. Their fees differ too: 0.12% for USMC and 0.75% for GRW.