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GRW

GradeDNASDAQ Global Market

TCW Durable Growth ETF

Active Equity · TCW · Inception 2016-01-29

$30.98−0.04 (−0.13%)

As of Sep 23, 2026, 10:12 AM EDT

History starts May 6, 2024.
Intraday session: down, 4 prints from 31.01 to 30.98. Range 30.88 to 31.00. Use the arrow keys to read each point.$30.90$30.95$31.0010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$62M
1Y return
−4.5%
Yield · Last 12 months
0.00%
Holdings
30
Volume · 30D
0M sh
NAV per share
$30.93
52W range
low $26.63high $33.03

The ETF.net GRW Grade

D

31/ 100

Rank 13 of 17 in US Active Quality

Confidence High

Six-pillar profile for GRW. Scores out of 100: Cost 25, Risk 13, Mission 57, Tradability 41, Holdings 45, Durability 76. Strongest: Durability (76). Weakest: Risk (13). Leans toward Durability.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 31 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 25
    Category rank13/17 · bottom quartile
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    BScore 57
    Category rank6/6 · bottom quartile
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 13
    Category rank14/14 · bottom quartile
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 41
    Category rank10/17 · mid-pack
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 45
    Category rank11/17 · mid-pack
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 76
    Category rank4/17 · top 24%

Graded as of Sep 22, 2026

Our read on GRW

ETF.net Research

DThe name is the strategy: roughly 30 businesses TCW believes can keep compounding, picked actively and measured against the S&P 500. A stock-picker's book priced like one, not an index sleeve.

Stated mandate

The fund seeks long-term growth of capital through active management.

Why people hold it

  1. 01Roughly 30 names, actively chosen. Concentration is the point here: each holding is big enough to matter, which is the opposite of a closet index fund.
  2. 02Leans toward wide-moat, cash-generating businesses rather than whatever is running hottest, and sets itself against the S&P 500 so the comparison is an honest one.tcw.com
  3. 03The portfolio itself is the strongest part of the package; the fee and the thin trading are where the trade-offs sit.

Worth knowing

  1. 01At 0.75% a year it sits in the pricier half of its active large-cap peer group. JUSA charges 0.12% and FELG 0.18% for actively steered large-cap exposure.
  2. 02Thinly traded. Spreads can widen and bigger orders can push the price, so how you enter matters more than it would in a mega-cap index fund.
  3. 03Concentration cuts both ways: with roughly 30 holdings, one stumble shows up fast. Distributions land once or twice a year, so this is not an income line item.

GRW Holdings

As of Sep 20, 2026, 7:35 AM
Asset class
Stocks
Holdings
30
Top-10 weight
52%
Largest holding
TDG6.9%

Sectors

  • Technology37.1%
  • Industrials29.9%
  • Financials10.2%
  • Consumer Discr.8.8%
  • Communication6.6%
  • Health Care5.9%
  • Materials1.6%

Geography

  • United States85.57%
  • Ireland6.14%
  • Netherlands5.24%
  • United Kingdom1.54%
  • Canada1.51%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001TDGTRANSDIGM GROUP INC6.92%3,992$4M280
002NVDANVIDIA CORP6.50%18,379$4M828
003AVGOBROADCOM INC6.06%10,826$4M732
004MSFTMICROSOFT CORP5.78%7,200$4M792
005GEGENERAL ELECTRIC5.63%11,141$3M404
006ASMLASML HOLDING NV-NY REG SHS5.11%1,946$3M199
007GOOGLALPHABET INC-CL A4.63%8,265$3M704
008HEIHEICO CORP4.14%8,663$3M187
009MCKMCKESSON CORP3.80%2,683$2M356
010VVISA INC-CLASS A SHARES3.42%5,743$2M550
0110Y3K.LEATON CORP PLC3.40%5,155$2M125
012ORLYO'REILLY AUTOMOTIVE INC3.39%24,773$2M341
013MAMASTERCARD INC - A3.23%3,545$2M512
014HLTHILTON WORLDWIDE HLDGS3.15%6,459$2M327
015DDOGDATADOG INC - CLASS A2.94%7,740$2M425

Showing 1–15 of 32 holdings

GRW Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

GRW$9,549
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. GRW $9,549. SPY $11,723. Use the arrow keys to read each point.$7,960$10,002$12,043Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for GRW. Periods over one year show the average yearly return.
PeriodGRW
Year to date−0.3%
1 month−1.6%
3 months−2.3%
1 year−4.5%
3 yearsHistory unavailableper year
5 yearsHistory unavailableper year
10 yearsHistory unavailableper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for GRW
YearReturn barGRW
2026 YTD−0.3%
2025−5.1%
2024+13.1%

History from May 6, 2024

GRW in the news

ETF.net Research hasn’t filed on GRW yet — coverage lands here as it’s written.

GRW Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
0.00%Last 12 months
Payout per share
NoneLast 12 months

No distributions in the last 12 months.

Distribution history

Payments through 2025

One bar per payment. 3 payments from 2024 to 2025. Jun 24, 2024 $0.01; Dec 23, 2024 $3.72; Sep 22, 2025 $0.08. Use the arrow keys to read each point.20242025
Ex-datePay dateAmount per share
Sep 22, 2025Sep 24, 2025$0.08
Dec 23, 2024Dec 26, 2024$3.72
Jun 24, 2024Jun 26, 2024$0.01

GRW Risk

How much the fund’s monthly returns vary, scaled to a year.
13.8%
Annualised · 27 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
−0.05
vs 3-month T-bills · 27 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−23.8%
28 months · trough Mar 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.98
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

GRW Cost

Expense ratio0.75%
  • The middle half of US Active Quality funds
  • Median 0.58%

12 of the 17 US Active Quality funds charge less.

GRW costs $75.00 a year on $10,000. The median US Active Quality fund costs $58.00.