- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 865 South Figueroa Street Los Angeles CA United States of America 90017
- IPO Date
- May 6, 2024
- Business
- TCW Durable Growth ETF (GRW) is an actively managed exchange-traded fund that seeks long-term capital growth by investing primarily in equity securities of U.S. and non-U.S. companies exhibiting resilient business models, durable growth characteristics, market leadership, and predictable earnings; the portfolio emphasizes sectors such as technology, industrials, financial services, and consumer cyclical, with top holdings including TransDigm Group Inc., Broadcom Inc., Microsoft Corp., Fair Isaac Corp., and General Electric Co.. Issued by TCW ETF Trust and managed by TCW Investment Management Company LLC, a subsidiary of The TCW Group, Inc., the fund targets institutional and individual investors seeking exposure to high-quality growth companies with strong compounding potential and lower volatility relative to broader market indices; it operates with a net expense ratio of 0.75% and maintains diversification across approximately 75% U.S. stocks and 22% non-U.S. stocks, primarily in North America.. The TCW Group, founded in 1971 and headquartered in Los Angeles, California, provides a broad suite of investment products including fixed income, equity, alternative, and multi-asset strategies across mutual funds, ETFs, and separate accounts, with global operations spanning the United States, Europe, Asia, and other regions.. In recent developments, the fund underwent a significant reorganization on May 6, 2024, converting from a mutual fund structure to an ETF, enhancing tax efficiency and investor accessibility; effective September 15, 2025, it changed its name from TCW Compounders ETF to TCW Durable Growth ETF to better reflect its investment focus.. Additionally, TCW expanded its ETF platform through the October 2023 acquisition of Engine No. 1's Transform ETF business, integrating thematic strategies like supply chain and climate-focused funds, and has continued launching new ETFs such as fixed income and multi-sector offerings in 2024-2025..