Stock Taper
EXCHANGE TRADED FUND

PWRD

TCW Transform Systems ETF
$107.15 ▲ 0.67%
+$0.71 TODAY

FUND FACTS

Manager TCW
Assets $1.51B
Expense ratio 0.75%
Inception Feb 2, 2022
Asset class Equity
Holdings 23
Volume 83.19K
Avg volume 83.92K

ABOUT THIS FUND

The PWRD exchange-traded fund (ETF) comprises a focused selection of equities, investing in companies poised to lead and profit from the global shift towards a net-zero carbon economy. Employing a unique, proprietary methodology, it systematically evaluates the broader U.S. stock market to identify firms actively working to significantly reduce carbon emissions or facilitate large-scale decarbonization efforts. This selection process integrates a macro-level economic analysis with a detailed, ground-up examination across various industries and individual companies. Notably, the fund's adviser deliberately avoids utilizing conventional sustainability ratings or environmental, social, and governance (ESG) rankings as exclusionary criteria for companies or entire sectors. Consequently, the portfolio might strategically include holdings in carbon-intensive industries, enabling the adviser to exert influence and foster change via its active proxy voting policies. These guidelines advocate for corporations to make impactful investments in their workforce, communities, customer welfare, and environmental stewardship. Furthermore, the adviser retains discretionary power to pursue particular investment opportunities deemed appropriate. It was formerly known as the Engine No. 1 Transform Climate ETF until October 13, 2023, and traded under the ticker symbol NETZ prior to February 3, 2025.

PRICE

$107.15 ▲ UP 0.67% (+$0.71)
$106$107$107$1089:30 AM10:35 AM11:40 AM12:44 PM1:49 PM2:54 PM3:59 PM107.15

HOLDINGS

TOP 20 OF 23 · 77.35% OF THE FUND
RANK STOCK WEIGHT SHARES VALUE
01 GE GE Aerospace 7.67% 381.03K $117.89M
02 ANET Arista Networks, Inc. 5.82% 415.19K $89.42M
03 VG Venture Global, Inc. 5.20% 5.92M $79.99M
04 KLAC KLA Corporation 5.06% 393.78K $77.76M
05 AMAT Applied Materials, Inc. 4.72% 136.87K $72.58M
06 POWL Powell Industries, Inc. 4.38% 328.63K $67.27M
07 UNP Union Pacific Corporation 4.21% 233.72K $64.65M
08 AVGO Broadcom Inc. 4.00% 163.5K $61.44M
09 VRT Vertiv Holdings Co 3.86% 234.31K $59.31M
10 TT Trane Technologies plc 3.58% 115.57K $55.06M
11 GEV GE Vernova Inc. 3.58% 53.51K $55.07M
12 PWR Quanta Services, Inc. 3.41% 72.77K $52.36M
14 Q Qnity Electronics, Inc. 3.25% 373.45K $49.9M
15 XOM Exxonmobil Holdings Corporation 3.25% 303.23K $49.88M
16 BE Bloom Energy Corporation 2.81% 145.81K $43.13M
17 MOD Modine Manufacturing Company 2.75% 222.74K $42.3M
18 FIX Comfort Systems USA, Inc. 2.42% 20.42K $37.12M
19 MIR Mirion Technologies, Inc. 2.02% 1.91M $31.05M
20 CAT Caterpillar Inc. 1.99% 35.35K $30.52M

SECTOR HOLDINGS

TECHNOLOGY IS 61.30% OF THE FUND
Industrials 61.30%
Technology 23.86%
Utilities 6.09%
Energy 4.72%
Basic Materials 2.27%
Consumer Cyclical 1.76%

BY REGION

UNITED STATES IS 74.21% OF THE FUND
United States 74.21%
Ireland 7.27%
France 5.19%
Netherlands 3.67%
Taiwan (Province of China) 3.37%
Canada 2.10%
— Other 1.61%
Germany 1.43%
Sweden 1.16%