PWRD TCW Transform Systems ETF
The PWRD exchange-traded fund (ETF) comprises a focused selection of equities, investing in companies poised to lead and profit from the global shift towards a net-zero carbon economy. Employing a unique, proprietary methodology, it systematically evaluates the broader U.S. stock market to identify firms actively working to significantly reduce carbon emissions or facilitate large-scale decarbonization efforts. This selection process integrates a macro-level economic analysis with a detailed, ground-up examination across various industries and individual companies. Notably, the fund's adviser deliberately avoids utilizing conventional sustainability ratings or environmental, social, and governance (ESG) rankings as exclusionary criteria for companies or entire sectors. Consequently, the portfolio might strategically include holdings in carbon-intensive industries, enabling the adviser to exert influence and foster change via its active proxy voting policies. These guidelines advocate for corporations to make impactful investments in their workforce, communities, customer welfare, and environmental stewardship. Furthermore, the adviser retains discretionary power to pursue particular investment opportunities deemed appropriate. It was formerly known as the Engine No. 1 Transform Climate ETF until October 13, 2023, and traded under the ticker symbol NETZ prior to February 3, 2025.
Performance
| 1M | 3M | YTD | 1Y | 3Y ann. | 5Y ann. | |
|---|---|---|---|---|---|---|
| PWRD | -5.5% | -15.1% | +0.4% | +0.9% | +22.2% | — |
| Equity average (4725 funds) | -1.9% | -3.7% | +2899.4% | +67891.7% | +16.4% | +1.9% |
Insider activity in the holdings
Open-market insider buying across this fund’s holdings over 90 days, weighted by holding weight: −$362K net.
Holdings · as of Nov 13, 2026
| # | Holding | Weight |
|---|---|---|
| 1 | GE GENERAL ELECTRIC | 9.54% |
| 2 | UNP UNION PACIFIC CORP | 7.22% |
| 3 | VG VENTURE GLOBAL INC-CL A | 5.47% |
| 4 | SAF.PA SAFRAN SA /EUR/ | 5.44% |
| 5 | XOM EXXON MOBIL CORP | 5.10% |
| 6 | ANET ARISTA NETWORKS INC | 4.80% |
| 7 | AIR.PA AIRBUS SE /EUR/ | 4.54% |
| 8 | PWRD CASHUSD | 4.34% |
| 9 | TT TRANE TECHNOLOGIES PLC | 4.10% |
| 10 | PWR QUANTA SERVICES INC | 3.70% |
| 11 | 0Y3K.L EATON CORP PLC | 3.35% |
| 12 | TSM TAIWAN SEMICONDUCTOR-SP ADR | 3.24% |
| 13 | GEV GE VERNOVA INC | 3.16% |
| 14 | MLM MARTIN MARIETTA MATERIALS | 3.13% |
| 15 | AVGO BROADCOM INC | 3.06% |
| 16 | KLAC KLA CORP | 3.06% |
| 17 | MOD MODINE MANUFACTURING CO | 3.03% |
| 18 | LNG CHENIERE ENERGY INC | 2.98% |
| 19 | BE BLOOM ENERGY CORP- A | 2.75% |
| 20 | WCN.TO WASTE CONNECTIONS INC | 2.57% |
| 21 | Q QNITY ELECTRONICS INC | 2.35% |
| 22 | FSLR FIRST SOLAR INC | 2.08% |
| 23 | MIR MIRION TECHNOLOGIES INC | 2.00% |
| 24 | VRT VERTIV HOLDINGS CO-A | 1.99% |
| 25 | POWL POWELL INDUSTRIES INC | 1.64% |
| 26 | CAT CATERPILLAR INC | 1.55% |
| 27 | AMAT APPLIED MATERIALS INC | 1.37% |
| 28 | SAND.ST SANDVIK AB /SEK/ | 1.32% |
| 29 | CCO.TO CAMECO CORP | 1.15% |
Sector breakdown
Country breakdown
Distributions
| Date | Per unit |
|---|---|
| Jun 23, 2026 | $0.0607 |
| Jun 23, 2025 | $0.1670 |
| Mar 24, 2025 | $0.0441 |
| Dec 23, 2024 | $0.0664 |
| Sep 23, 2024 | $0.0614 |
| Jun 24, 2024 | $0.1875 |
| Mar 18, 2024 | $0.0439 |
| Dec 19, 2023 | $0.1460 |
| Sep 19, 2023 | $0.0593 |
| Jun 20, 2023 | $0.1965 |
| Mar 21, 2023 | $0.0395 |
| Dec 20, 2022 | $0.1188 |
| Sep 20, 2022 | $0.1303 |
| Jun 21, 2022 | $0.1400 |
| Mar 22, 2022 | $0.0437 |
Members of Congress who disclosed this ETF
No member of Congress has disclosed a trade in PWRD in the filings we hold.
Fund facts, prices, performance and distributions: our market-data vendor. Holdings: the vendor and SEC Form N-PORT. Insider and Congress data: InsiderBuying. Last updated Nov 13, 2026. This is historical data, not investment advice. Report a data error
