IQM vs PWRD
Franklin Intelligent Machines ETF against TCW Transform Systems ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
23%
11 shared positions
Fee gap
25 bp
IQM is cheaper
1-year return gap
11.6 pts
IQM is ahead
Larger fund
PWRD
$1.5B
Side by side
| IQM | PWRD | |
|---|---|---|
| Fund | Franklin Intelligent Machines ETF | TCW Transform Systems ETF |
| Issuer | Franklin Templeton | TCW |
| Category | AI & Robotics | Large Cap Blend |
| Expense ratio | 0.50% | 0.75% |
| Assets | $80M | $1.5B |
| Average daily dollar volume | $291K | $12M |
| Listed | Feb 25, 2020 | Feb 2, 2022 |
| FrenzyCap score | 44 | 50 |
| 1-month return | −10.7% | −6.5% |
| 3-month return | −7.8% | −12.1% |
| Year to date | +14.0% | +3.5% |
| 1-year return | +11.7% | +0.1% |
| 30-day volatility | 34.5% | 23.1% |
| Worst drawdown, 1 year | −25.3% | −20.2% |
| Trailing 12-month yield | — | 0.06% |
| Holdings | 82 | 31 |
| Top 10 weight | 44.5% | 50.9% |
| Look-through P/E | 43.4 | 30.1 |
| Holdings vs fair value | +2.0% | +5.0% |
| Holdings above 200-day average | 52% | 35% |
| Net flow, latest 3 reported months | +$13M thru Jun 2026 | +$48M thru Jul 2026 |
| 30-day implied volatility | 41.0% | 28.7% |
| Holdings as of | as of Oct 20, 2026issuer data | as of Apr 30, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
28% of IQM · 39% of PWRD
Sector mix of the stock holdings
| Sector | IQM | PWRD | Gap |
|---|---|---|---|
| Technology | 65.1% | 37.2% | +27.9% |
| Industrials | 22.6% | 28.0% | −5.4% |
| Utilities | 0.0% | 8.8% | −8.8% |
| Materials | 1.2% | 4.4% | −3.2% |
| Energy | 0.6% | 3.6% | −3.0% |
| Consumer Discretionary | 2.2% | 0.0% | +2.2% |
| Health Care | 0.7% | 0.0% | +0.7% |
More: full overlap table · IQM holdings · PWRD holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.