ATLASTCW Transform Systems ETF (PWRD): outlook, holdings and fees
TCW Transform Systems ETF (PWRD) is an exchange-traded fund and is managed by TCW. The expense ratio is 0.75% and the yield is 0.06%. The ten largest holdings are 51% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on PWRD
| Last price | $98.02 (+0.4%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 51% |
| Likely 1-month range (50%) | $93.65 – $103.13 |
| Normal 1-day range (±1σ) | ±1.6% |
| Distribution yield | 0.06% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
PWRD fund facts
| Issuer | TCW |
|---|---|
| Theme | Other strategies |
| Assets under management | $1.5B |
| Expense ratio | 0.75% |
| Number of holdings | 29 |
| Inception | Feb 2, 2022 |
| Exchange | NYSE |
The fund is an actively managed exchange-traded fund ("ETF") that seeks to invest in companies that the Adviser believes will benefit from global transformation in the systems supporting how energy and power are sourced, produced, and consumed. It is an actively managed exchange-traded fund ("ETF") that seeks to invest in companies that the Adviser believes will benefit from global transformation in the systems supporting how energy and power are sourced, produced, and consumed. It is non-diversified.
PWRD top holdings
| Holding | Sector | Weight |
|---|---|---|
| General Electric Company GCP | Other | 7.95% |
| Arista Networks ANET | Technology | 6.02% |
| Venture Global, Inc. VG | Energy | 5.21% |
| KLA Corporation KLAC | Technology | 4.98% |
| Safran SA SAF | Industrials | 5.31% |
| Applied Materials Inc AMAT | Technology | 4.80% |
| Union Pacific Corporation UNP | Industrials | 4.17% |
| Powell Industries Inc POWL | Industrials | 4.31% |
| Broadcom Inc AVGO | Technology | 4.09% |
| Vertiv Holdings Co VRT | Industrials | 3.70% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
PWRD sector breakdown
| Sector | Weight |
|---|---|
| Industrials | 55.9% |
| Technology | 27.8% |
| Energy | 13.3% |
| Consumer Cyclicals | 3.0% |
By region: North America 84.1%, Europe Developed 12.4%, Asia Developed 3.5%.
PWRD returns and risk
| Year to date | +9.6% |
|---|---|
| 1 year | +8.6% |
| 3 years (annualised) | +26.1% |
| Volatility (3 years) | 22.5% |
| Sharpe ratio (3 years) | 0.99 |
Past returns do not guarantee future results.
PWRD: frequently asked questions
What does PWRD invest in?
TCW Transform Systems ETF invests in a portfolio of securities. Its largest holdings are General Electric Company (8.0%), Arista Networks (6.0%), Venture Global, Inc. (5.2%), KLA Corporation (5.0%), Safran SA (5.3%).
What is the PWRD expense ratio?
0.75% a year: about $75.00 for every $10,000 invested.
What is the PWRD dividend yield?
0.06%. ATLAS does not hold the exact distribution dates for ETFs.
Will PWRD go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 51%, with a likely range (50%) of $93.65 to $103.13 from $98.02 today. It is a probability, not a prediction.
How has PWRD performed?
Year to date +9.6%, one year +8.6%, three years +26.1% a year. Past returns do not guarantee future results.
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Educational information, not investment advice. Disclaimer