TCW Transform Systems ETF
PWRD
NASDAQ Global Market93.43
USD
-2.98
(+0.08%)
ISIN
US29287L2051
CUSIP
29287L205
Return %
Stock
S&P500
1Y
25.38
19.01
3Y
95.38
65.48
5Y
90.40
72.20
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Eli Horton
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 865 South Figueroa Street Los Angeles CA United States of America 90017
- IPO Date
- Feb 3, 2022
- Website
- tcw.com
- Similar Companies
- Business
- TCW ETF Trust is an asset management firm specializing in exchange-traded funds (ETFs), including the TCW Transform Systems ETF (Ticker: PWRD), which is an actively managed portfolio investing in approximately 20-30 U.S. companies leading and benefiting from the energy transformation. The fund focuses on companies across various economic sectors, primarily those within carbon-intensive industries such as energy, agriculture, and transportation, with strategies that reduce or enable decarbonization at scale. The TCW ETF Trust product suite also includes thematic ETFs focused on supply chain onshoring, energy transition, U.S. large- and mid-cap equities, artificial intelligence, space technology, next-generation mobility, and renewable energy infrastructure. The firm operates across the United States, targeting institutional and retail investors interested in sustainable and thematic investment strategies. Founded as part of The TCW Group, headquartered in Los Angeles, TCW ETF Trust seeks long-term growth through high conviction active management. In recent developments, effective October 13, 2023, TCW acquired the entire Transform ETF business from Engine No. 1, including the Transform Climate ETF, Transform Supply Chain ETF, and Transform 500 ETF, expanding TCW’s ETF platform and capabilities within the tax-advantaged ETF wrapper. This acquisition brought more than $600 million in U.S. equity ETFs under management focused on themes such as supply chain onshoring and energy transition. Additionally, as of June 27, 2025, TCW shifted the listing exchange for its equity ETFs, including PWRD, from the New York Stock Exchange to NASDAQ, enhancing accessibility and trading for investors. The Transform Systems ETF ticker changed from NETZ to PWRD on February 3, 2025, reaffirming its active management and thematic investment focus in energy transition systems. The firm continues to develop innovative thematic and core active strategies, leveraging the newly acquired infrastructure and expertise from Engine No. 1 to expand its range of investment products.
PWRD: AI Disguised As Energy Transition
TCW's Jennifer Grancio: Huge acceleration happening in ETFs
Nearing $1 Trillion: Active ETF Engine Roars On
Energy, Railroads & Compounders: ETFs to Lead 2025