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TCW Transform Systems ETF

PWRD USUSExchange-Traded Fund
$105.23
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About this fund

TCW Transform Systems ETF (PWRD) is a Thematic and Technology ETF managed by TCW Group, listed on Nasdaq - All Markets, quoted in USD. It charges a 0.75% net expense ratio and holds $1.48B in assets as of Sep 27, 2026. The fund launched on Feb 2, 2022.

Benchmark
S&P 500 (TR) (1970)
Advisor
TCW Investment Management Co LLC
Distribution
Quarterly
AUM
$1.48B
Expense Ratio
0.75%
Yield (12-mo)
-0.17%
Morningstar Rating
Benchmark
S&P 500 (TR) (1970)
52-Week Range
Avg Daily Vol
79.3K
Inception
Feb 2, 2022

Risk metrics

vs benchmark S&P 500 (TR) (1970)

3-year risk statistics are not currently available for this fund.

Risk statistics are 3-year, month-end-based.

Trailing returns

As of Sep 27, 2026
1D
+0.88%
1W
+1.57%
1M
-0.81%
3M
-11.88%
6M
+4.84%
YTD
+10.77%
1Y
+10.99%
3Y ann.
+27.98%
5Y ann.
—
10Y ann.
—

Calendar-year returns

Morningstar daily closes

Trading & liquidity

as of Sep 25, 2026

Avg Vol (1W)
64.1K
Avg Vol (1M)
74.4K
Avg Vol (3M)
79.3K
Avg Vol (1Y)
90.5K
Avg Spread
0.341%

Average daily share volume over each trailing window. Spread is the average bid-ask spread as a percentage of price — lower means cheaper to trade.

Top 10 holdings

Source: Morningstar

Fees & expenses

Net expense
0.75%
Gross expense
0.75%
Management fee
0.75%

Distributions

12-month yield

-0.17%

Recent payments per share (USD)

Jun 23, 2026
0.0607 USD
Jun 23, 2025
0.1670 USD
Mar 24, 2025
0.0441 USD
Dec 23, 2024
0.0664 USD

Classification

Asset class
Equity
Strategy
Active
Issuer
TCW Group
Branding
TCW

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Frequently asked questions

What is PWRD's expense ratio?
TCW Transform Systems ETF charges a net expense ratio of 0.750%.
How large is TCW Transform Systems ETF?
PWRD holds $1.48B in assets under management.
What index does PWRD track?
TCW Transform Systems ETF tracks S&P 500 (TR) (1970) as its primary benchmark.
When did PWRD launch?
TCW Transform Systems ETF launched on February 2, 2022.
What currency does PWRD trade in?
PWRD trades in USD on Nasdaq - All Markets.

Fund information

Ticker
PWRD
Performance ID
0P0001MAC1
Inception
Feb 2, 2022
Domicile
USA
Base currency
USD
Listing currency
USD
AUM
$1.48B
Avg daily volume (3M)
79.3K

Charting by TradingView.

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