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PWRDvsIDEFETF Comparison

ETF 1

PWRD

TCW Transform Systems ETF

This fund is part of

US Large Cap

-0.78%

Full PWRD fund page

VS

ETF 2

IDEF

iShares Defense Industrials Active ETF

Full IDEF fund page

TCW Transform Systems ETF (PWRD) belongs to the US Large Cap segment. iShares Defense Industrials Active ETF (IDEF) is part of the segment. PWRD's top 3 sector exposures are Industrials, Technology and Energy. In contrast, IDEF's top sector exposures are Industrials, Technology and Business Services. PWRD is more expensive with a Total Expense Ratio (TER) of 0.75%, versus 0.55% for IDEF. PWRD is up 8.63% year-to-date (YTD) with +$414M in YTD flows. IDEF performs worse with 4.57% YTD performance, and +$4.59B in YTD flows. Run a side-by-side ETF comparison of PWRD and IDEF below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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PWRD vs IDEF performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 09/01/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	PWRD IDEF	-5.29%-3.19%	-7.39%-3.16%	+8.63%+4.57%	+15.47%+10.88%	+96.95%n/a	n/an/a
Flows	PWRD IDEF	+$42M+$101M	+$148M+$667M	+$414M+$4.59B	+$709M+$4.60B	+$1.08B-	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	PWRD IDEF	+34.54%+24.34%	+27.44%+22.53%	+22.97%n/a	n/an/a
Max drawdown	PWRD IDEF	-17.40%-9.66%	-17.40%-15.58%	-25.37%n/a	n/an/a
Max drawdown duration	PWRD IDEF	63d16d	63d183d	127dn/a	n/an/a

Trading data

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	PWRD	IDEF
Last sale 9/2/2026 at 1:30 PM		$31.88
Previous close 09/01/2026		$32.19
Consolidated volume 09/01/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Main metrics

Last update 9/2/2026 at 1:30 PM

Live

Closed

	PWRD	IDEF
Last price	–	$31.88
1D performance	–	-0.98%
AuM	$1.45 B	$4.33 B
E/R	0.75%	0.55%

Characteristics

	PWRD	IDEF
Management strategy	Active	Active
Provider	TCW	iShares
Benchmark	-	-
N° of holdings	31	131
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	February 2, 2022	May 19, 2025
ESG	No	No

More PWRD data on Trackinsight

More IDEF data on Trackinsight

Exposure

Countries

PWRD

USA

71.7%

Other

28.3%

IDEF

USA

52.73%

United Kingdom

10.48%

France

7.37%

Other

29.42%

Sectors

PWRD

Industrials

58.67%

Technology

22.53%

Energy

8.5%

Other

10.3%

IDEF

Industrials

82.36%

Technology

10.78%

Other

6.86%

Diversification

PWRD

Total weight of top 15 holdings out of 15

69.36%

IDEF

Total weight of top 15 holdings out of 15

54.17%

Top 15 holdings

Data as of July 31, 2026

PWRD

GE Aerospace

10.15%

Safran SA

5.56%

Applied Materials, Inc.

5.42%

Venture Global, Inc.

5.25%

Vertiv Holdings Co.

4.94%

KLA Corp.

4.29%

Broadcom Inc.

4.22%

Airbus SE

4.12%

Arista Networks, Inc.

4.05%

Powell Industries, Inc.

4.03%

Union Pacific Corp.

4.03%

GE Vernova, Inc.

3.51%

Bloom Energy Corp.

3.44%

Quanta Services, Inc.

3.22%

US30233Q1085

3.13%

IDEF

RTX Corp.

9.01%

Lockheed Martin Corp.

5.00%

Rolls-Royce Holdings Plc

4.92%

The Boeing Co.

4.76%

General Dynamics Corp.

4.10%

Thales SA

3.81%

Northrop Grumman Corp.

3.35%

Airbus SE

3.24%

BAE Systems Plc

3.24%

Saab AB

2.49%

GE Aerospace

2.45%

Amphenol Corp.

2.02%

Safran SA

1.98%

Palo Alto Networks, Inc.

1.92%

Leonardo SpA

1.88%

Frequently asked questions about PWRD and IDEF

How have the PWRD and IDEF ETFs performed in 2026?

As of September 1, 2026, PWRD is up 8.63% year-to-date (YTD), while IDEF has returned 4.57%. That puts PWRD better performer ahead so far this year.

Which ETF is attracting more investor money: PWRD or IDEF?

Year-to-date, the PWRD ETF saw +$414M in flows, compared to +$4.59B for IDEF.

Which ETF is more volatile: PWRD or IDEF?

Over the past year, PWRD had a volatility of 27.44%, while IDEF experienced 22.53%.

Which ETF is bigger: PWRD or IDEF?

As of September 1, 2026, PWRD holds $1.45 B in assets under management (AUM), while IDEF manages $4.33 B.

What sectors do the PWRD and IDEF ETFs invest in?

PWRD leans toward sectors like Industrials, Technology and Energy. Meanwhile, IDEF focuses on Industrials and Technology.

What are the top holdings of the PWRD ETF and IDEF ETF?

PWRD top holdings include GE Aerospace, Safran SA and Applied Materials, Inc.. IDEF holds in its top three: RTX Corp., Lockheed Martin Corp. and Rolls-Royce Holdings Plc.

Which ETF is more diversified: PWRD or IDEF?

PWRD holds 31 securities with 69.36% of its assets in the top 15. IDEF has 134 securities and a top 15 weight of 54.17%.

ETF Comparison: iShares Defense Industrials Active ETF (IDEF) Versus iShares U.S. Aerospace & Defense ETF (ITA)

April 8, 2026

IDEF

PWRDvsIDEFETF Comparison

TCW Transform Systems ETF

iShares Defense Industrials Active ETF

PWRD vs IDEF performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the PWRD and IDEF ETFs performed in 2026?

As of September 1, 2026, PWRD is up 8.63% year-to-date (YTD), while IDEF has returned 4.57%. That puts PWRD better performer ahead so far this year.

Which ETF is attracting more investor money: PWRD or IDEF?

Year-to-date, the PWRD ETF saw +$414M in flows, compared to +$4.59B for IDEF.

Which ETF is more volatile: PWRD or IDEF?

Over the past year, PWRD had a volatility of 27.44%, while IDEF experienced 22.53%.

Which ETF is bigger: PWRD or IDEF?

As of September 1, 2026, PWRD holds $1.45 B in assets under management (AUM), while IDEF manages $4.33 B.

What sectors do the PWRD and IDEF ETFs invest in?

PWRD leans toward sectors like Industrials, Technology and Energy. Meanwhile, IDEF focuses on Industrials and Technology.

What are the top holdings of the PWRD ETF and IDEF ETF?

PWRD top holdings include GE Aerospace, Safran SA and Applied Materials, Inc.. IDEF holds in its top three: RTX Corp., Lockheed Martin Corp. and Rolls-Royce Holdings Plc.

Which ETF is more diversified: PWRD or IDEF?

PWRD holds 31 securities with 69.36% of its assets in the top 15. IDEF has 134 securities and a top 15 weight of 54.17%.

ETF Comparison: iShares Defense Industrials Active ETF (IDEF) Versus iShares U.S. Aerospace & Defense ETF (ITA)

Active Trader Report: Use of Leveraged & Inverse ETFs Way Up