TCW Transform Systems ETF(PWRD · ETF)
ETF quote, holdings, sector allocation, technicals, and options analytics.
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
- 52-Week Range
- $89.13 – $123.23
- YTD
- +14.50%
- IV Rank (30D)
- 12.26
- Straddle Price
- $7.43
- P/C Vol Ratio
- 0.00
TCW Transform Systems ETF (PWRD) ETF
- Exchange
- XNAS
- Inception
- 2022-02-02
- Has Options
- Yes
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-06-23 | 2026-06-25 | $0.0607 | CD |
| 2025-06-23 | 2025-06-25 | $0.1670 | CD |
| 2025-03-24 | 2025-03-26 | $0.0441 | CD |
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | TCW Central Cash Fund | 5.21% | Equity (common) | US |
| — | United States Treasury | 3.91% | Debt | US |
| — | TCW Private Asset Income Fund | 2.31% | Equity (common) | US |
| — | Freddie Mac | 1.55% | Mortgage-backed | US |
| — | UMBS, TBA | 1.48% | Mortgage-backed | US |
| — | UMBS, TBA | 1.46% | Mortgage-backed | US |
| — | Government National Mortgage Association | 1.18% | Mortgage-backed | US |
| — | Freddie Mac | 1.17% | Mortgage-backed | US |
| — | Fannie Mae | 0.89% | Mortgage-backed | US |
| — | Government National Mortgage Association | 0.88% | Mortgage-backed | US |
| — | Fannie Mae | 0.86% | Mortgage-backed | US |
| — | Government National Mortgage Association | 0.83% | Mortgage-backed | US |
| — | UMBS, TBA | 0.77% | Mortgage-backed | US |
| — | Freddie Mac | 0.69% | Mortgage-backed | US |
| — | Government National Mortgage Association | 0.68% | Mortgage-backed | US |
| — | Fannie Mae | 0.64% | Mortgage-backed | US |
| — | Freddie Mac | 0.63% | Mortgage-backed | US |
| — | Cologix Data Centers Issuer LLC | 0.59% | Other | US |
| — | Freddie Mac | 0.59% | Mortgage-backed | US |
| — | Freddie Mac | 0.53% | Mortgage-backed | US |
| — | Government National Mortgage Association | 0.50% | Mortgage-backed | US |
| — | Fannie Mae | 0.46% | Mortgage-backed | US |
| — | Hertz Vehicle Financing LLC | 0.46% | Other | US |
| — | Fannie Mae | 0.44% | Mortgage-backed | US |
| — | TURKIYE GOVERNMENT BOND | 0.44% | Debt | TR |
| — | Fannie Mae | 0.40% | Mortgage-backed | US |
| — | Government National Mortgage Association | 0.39% | Mortgage-backed | US |
| — | MORGAN STANLEY BANK NA | 0.39% | Debt | US |
| — | State Street Global Advisors | 0.38% | Short-term investment | US |
| — | Fannie Mae | 0.38% | Mortgage-backed | US |
| — | Fannie Mae | 0.35% | Mortgage-backed | US |
| — | META PLATFORMS INC | 0.34% | Debt | US |
| — | MEDLINE BORROWER LP | 0.34% | Debt | US |
| — | Fannie Mae | 0.32% | Mortgage-backed | US |
| — | EdgeConneX Data Centers Issuer, LLC | 0.31% | Other | US |
| — | Progress Residential Trust | 0.30% | Other | US |
| — | Tricon Residential | 0.30% | Other | US |
| — | Fannie Mae | 0.29% | Mortgage-backed | US |
| — | Preston Ridge Partners Mortgage Trust | 0.29% | Mortgage-backed | US |
| — | Fannie Mae - CAS | 0.29% | Mortgage-backed | US |
| — | Freddie Mac - STACR | 0.29% | Mortgage-backed | US |
| — | Freddie Mac | 0.27% | Mortgage-backed | US |
| — | CIGNA GROUP/THE | 0.27% | Debt | US |
| — | Fannie Mae - CAS | 0.26% | Mortgage-backed | US |
| — | Government National Mortgage Association | 0.26% | Mortgage-backed | US |
| — | Fannie Mae | 0.26% | Mortgage-backed | US |
| — | NYC Trust | 0.25% | Mortgage-backed | US |
| — | KSL Resorts | 0.25% | Mortgage-backed | US |
| — | Freddie Mac | 0.25% | Mortgage-backed | US |
| — | Freddie Mac - STACR | 0.25% | Mortgage-backed | US |
| Category | Weight | Value | Positions |
|---|---|---|---|
| Mortgage-backed (Corporate) | 21.62% | $563.3M | 373 |
| Corporate | 20.66% | $538.3M | 418 |
| Mortgage-backed (US Govt-Sponsored Entity) | 19.72% | $514.0M | 99 |
| ABS-O | 16.01% | $417.4M | 177 |
| Corporate | 8.31% | $216.5M | 233 |
| CBO/CDO (Corporate) | 5.89% | $153.5M | 81 |
| Mortgage-backed (US Govt Agency) | 5.39% | $140.4M | 25 |
| US Treasury | 3.91% | $102.0M | 2 |
| Non-US Sovereign | 1.62% | $42.3M | 21 |
| Debt | 0.92% | $23.9M | 28 |
| Short-term investment | 0.38% | $9.9M | 1 |
| Loan | 0.12% | $3.2M | 6 |
| Municipal | 0.10% | $2.5M | 9 |
| Derivative (interest rate) | 0.03% | $849135 | 12 |
| Derivative (equity) | 0.00% | $2 | 1 |
| Derivative (FX) | -0.08% | $-1994103 | 26 |
| Month | Avg Return | Years of Data |
|---|---|---|
| Jan | +2.21% | 1 |
| Feb | +2.26% | 2 |
| Mar | -7.44% | 2 |
| Apr | +8.28% | 2 |
| May | +5.99% | 2 |
| Jun | +8.76% | 2 |
| Jul | -0.45% | 2 |
| Aug | +0.25% | 1 |
| Sep | +7.65% | 1 |
| Oct | +4.59% | 1 |
| Nov | -4.67% | 1 |
| Dec | -0.85% | 1 |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
Momentum Oscillators
Volume & Volatility
Data Summary
Choose Frenzy-Fast™ for quick analysis or Frenzy-Pro™ for comprehensive analysis.
Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.
- IV Rank (30D)
- 12.26
- IV Rank (7D)
- 12.26
- Avg IV
- 33.5%
- Straddle (30D)
- $7.43
- Straddle (7D)
- $7.43
- P/C Volume
- 0.00
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Enter a ticker to render the implied volatility surface.
Enter a ticker to render the implied volatility smile.
- Beta (1Y vs SPY)
- 1.60
- Correlation (SPY)
- 75.7%
- R²
- 0.57
- Ann. Volatility
- 26.8%
- SPY Volatility
- 12.7%
High volatility - stock moves more than market
Click any bar to view the full quote for that stock.
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|