(PWRD) TCW Transform Systems - Overview
Etf: Renewable, Grid, Storage, Hydrogen, Nuclear
Dividends
| Dividend Yield | 0.25% |
| Yield on Cost 5y | 0.44% |
| Yield CAGR 5y | -21.31% |
| Payout Consistency | 87.2% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 21.7% |
| Relative Tail Risk | 4.78% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.94 |
| Alpha | 11.97 |
| Character TTM | |
|---|---|
| Beta | 1.178 |
| Beta Downside | 1.187 |
| Drawdowns 3y | |
|---|---|
| Max DD | 25.87% |
| CAGR/Max DD | 1.08 |
Description: PWRD TCW Transform Systems January 18, 2026
The Transform Systems ETF (NASDAQ:PWRD) is an actively managed, non-diversified fund that targets companies positioned to profit from the worldwide shift in how energy is sourced, produced, and consumed.
As of the latest filing, the fund holds roughly $120 million in assets, charges an expense ratio of 0.68%, and its top ten holdings account for about 45% of the portfolio, with heavy weights in renewable-grid infrastructure, hydrogen production, and advanced battery manufacturers. 2023-24 global capital spending on energy-transition projects is projected to exceed $1.5 trillion, a macro driver that underpins the ETF’s thesis.
Because the ETF is non-diversified, concentration risk is a material concern; a 10% swing in the price of its largest holding could move the fund’s net asset value by roughly 4-5%. Historical beta versus the S&P 500 is around 1.2, indicating higher volatility than the broad market, especially during periods of policy uncertainty around carbon pricing.
For a deeper, data-driven look at how PWRD’s exposure aligns with emerging energy-system trends, you may find the analytics on ValueRay worth a quick glance.
What is the price of PWRD shares?
Over the past week, the price has changed by +2.28%, over one month by +2.20%, over three months by +2.94% and over the past year by +29.42%.
Is PWRD a buy, sell or hold?
What are the forecasts/targets for the PWRD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 124.8 | 22.2% |
PWRD Fundamental Data Overview February 02, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 1.05b USD (1.05b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 1.05b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 1.05b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 10.26% (E(1.05b)/V(1.05b) * Re(10.26%) + (debt-free company))
Discount Rate = 10.26% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)