TCW Transform 500 ETF
$90.62−0.64 (−0.70%)
- Expense ratio
- 0.05%
- Fund size
- $1.1B
- 1Y return
- +17.2%
- Yield · Last 12 months
- 0.91%
- Holdings
- 506
- Volume · 30D
- 0M sh
- NAV per share
- $91.49
- 52W range
The ETF.net VOTE Grade
Score 80 of 100 sits in the A 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.AScore 92Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 64Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 66Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 52Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 57Category rank
Our read on VOTE
AAn index fund with a second job. VOTE holds roughly 500 of the largest US companies at a 0.05% fee, then uses its proxy ballots and meetings with management to push for change instead of screening companies out.
The fund seeks to track a market-cap-weighted index of the 500 largest U.S. public companies. It is designed as low-cost core U.S. market exposure, with proxy voting and company engagement intended to encourage transformational change.
Why people hold it
- 0.05% a year for core large-cap US exposure, a fraction of what the typical fund in its index-tracking peer group charges.
- No ESG exclusions. You own the big-company lineup like any core index fund, and the activism happens through voting and dialogue with management, not by dropping names.tcw.com
- Launched in 2021 and run by TCW, with a dedicated active-ownership team behind the proxy voting and engagement program.tcw.com
- Among the strongest implementations in its cohort of plain index wrappers: the portfolio delivers the exposure printed on the label.
Worth knowing
- Thinly traded next to the household-name large-cap funds, so spreads can widen. Patient limit orders matter more here.
- It tracks its own index of the 500 largest US companies, not the S&P 500, so names and weights won't line up with S&P-based funds one for one.
- The difference is stewardship, not the holdings. Engagement results depend on how other shareholders vote, and the portfolio itself looks like standard large-cap core.tcw.com
VOTE Holdings
- Stocks
- 506
- 38%
- NVDA
Sectors
- Technology38.7%
- Financials12.0%
- Communication9.4%
- Health Care9.4%
- Consumer Discr.9.3%
- Industrials7.9%
- Cons. Staples4.4%
- Energy3.6%
- Utilities1.9%
- Materials1.8%
- Real Estate1.7%
Geography
- United States97.37%
- Ireland1.18%
- United Kingdom0.47%
- Switzerland0.28%
- Singapore0.27%
- Uruguay0.13%
- Netherlands0.11%
- Bermuda0.07%
- 0.12%
VOTE Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | VOTE |
|---|---|
| Year to date | +14.6% |
| 1 month | +1.3% |
| 3 months | +4.3% |
| 1 year | +17.2% |
| 3 years | +23.5% |
| 5 years | +13.3% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | VOTE |
|---|---|---|
| 2026 YTD | +14.6% | |
| 2025 | +17.9% | |
| 2024 | +25.2% | |
| 2023 | +27.6% | |
| 2022 | −19.7% | |
| 2021 | +12.1% |
VOTE in the news
ETF.net Research hasn’t filed on VOTE yet — coverage lands here as it’s written.
VOTE Dividends
- 0.91%
- $0.83
- $0.23 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 22, 2026 | Pays Sep 24, 2026 | $0.23 |
| Jun 23, 2026 | Jun 25, 2026 | $0.22 |
| Mar 24, 2026 | Mar 26, 2026 | $0.17 |
| Dec 22, 2025 | Dec 24, 2025 | $0.21 |
| Sep 22, 2025 | Sep 24, 2025 | $0.22 |
| Jun 23, 2025 | Jun 25, 2025 | $0.19 |
| Mar 24, 2025 | Mar 26, 2025 | $0.21 |
| Dec 23, 2024 | Dec 26, 2024 | $0.22 |
| Sep 23, 2024 | Sep 25, 2024 | $0.21 |
| Jun 24, 2024 | Jun 26, 2024 | $0.20 |
| Mar 18, 2024 | Mar 20, 2024 | $0.19 |
| Dec 19, 2023 | Dec 21, 2023 | $0.22 |
VOTE Risk
- 13.3%
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.
- 1.19
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.
- −25.7%
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.
- 1.02
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
VOTE Cost
- The middle half of Other Major Indexes funds
- Median 0.29%
3 of the 42 Other Major Indexes funds charge less.