---
ticker: "PWRD"
name: "TCW Transform Systems ETF"
url: "https://etf.net/etf/PWRD"
grade: "C"
score: 48
graded_at: "2026-10-12"
category: "Global Thematic"
category_rank: "9 of 21"
methodology: "https://etf.net/methodology"
---

# PWRD: TCW Transform Systems ETF

Grade **C**, Score 48 of 100. Rank 9 of 21 in Global Thematic.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 20 | 16 of 21 |
| Mission | Not scored | — |
| Risk | 56 | 9 of 21 |
| Tradability | 88 | 1 of 21 |
| Holdings | 53 | 11 of 18 |
| Durability | 73 | 5 of 21 |

## Top holdings

The fund holds 30 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | GE | General Electric | 7.83% |
| 2 | ANET | Arista Networks Inc | 6.00% |
| 3 | VG | Venture Global Inc-Cl A | 5.20% |
| 4 | KLAC | Kla Corp | 5.14% |
| 5 | SAF.PA | Safran SA /Eur/ | 5.08% |
| 6 | AMAT | Applied Materials Inc | 4.63% |
| 7 | UNP | Union Pacific Corp | 4.34% |
| 8 | POWL | Powell Industries Inc | 4.21% |
| 9 | AVGO | Broadcom Inc | 3.94% |
| 10 | VRT | Vertiv Holdings Co-A | 3.79% |
| 11 | AIR.PA | Airbus SE /Eur/ | 3.73% |
| 12 | TT | Trane Technologies PLC | 3.68% |
| 13 | 0Y3K.L | Eaton Corp PLC | 3.65% |
| 14 | GEV | Ge Vernova Inc | 3.58% |
| 15 | PWR | Quanta Services Inc | 3.43% |
| 16 | XOM | Exxonmobil Holdings Corp | 3.42% |
| 17 | TSM | Taiwan Semiconductor-Sp Adr | 3.25% |
| 18 | Q | Qnity Electronics Inc | 3.15% |
| 19 | BE | Bloom Energy Corp- A | 2.73% |
| 20 | MOD | Modine Manufacturing Co | 2.70% |
| 21 | FIX | Comfort Systems Usa Inc | 2.34% |
| 22 | MIR | Mirion Technologies Inc | 2.12% |
| 23 | CCO.TO | Cameco Corp | 2.03% |
| 24 | FSLR | First Solar Inc | 1.90% |
| 25 | CAT | Caterpillar Inc | 1.89% |
| 26 | LNG | Cheniere Energy Inc | 1.83% |
| 27 | — | Cashusd | 1.66% |
| 28 | ENR.DE | Siemens Energy AG /Eur/ | 1.44% |
| 29 | SAND.ST | Sandvik Ab /Sek/ | 1.16% |
| 30 | THRM | Gentherm Inc | 0.20% |

Source: etf.net, https://etf.net/etf/PWRD. Please cite the page URL.