Tcw Etf Trust Etf Profile
| NETZ Etf | USD 77.69 0.74 0.96% |
Performance19 of 100
| Odds Of DistressLess than 9
|
TCW ETF is trading at 77.69 as of the 30th of November 2024; that is 0.96 percent up since the beginning of the trading day. The etf's open price was 76.95. TCW ETF has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for TCW ETF Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund is an actively-managed ETF that seeks to invest in companies that are creating value by transforming themselves and others to meet the growing demands of climate change. Engine No is traded on BATS Exchange in the United States. More on TCW ETF Trust
Moving together with TCW Etf
TCW Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Name | Netz Group Ltd |
| Business Concentration | Strategy ETFs, Theme ETFs, Large Blend, Engine No. 1 ETF (View all Sectors) |
| Issuer | TCW Investment Management Company |
| Inception Date | 2022-02-02 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 295.95 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Brown Brothers Harriman & Co. |
| Advisor | TCW Investment Management Company LLC |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | Foreside Financial Services, LLC |
| Portfolio Manager | Eli Horton, Molly Landes |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 31-Oct |
| Exchange | New York Stock Exchange |
| Number of Constituents | 27.0 |
| Total Expense | 0.75 |
| Management Fee | 0.75 |
| Country Name | USA |
| Returns Y T D | 37.49 |
| Name | TCW ETF Trust |
| Currency Code | USD |
| Open Figi | BBG0151Q71J8 |
| 1y Volatility | 13.98 |
| 200 Day M A | 69.7667 |
| 50 Day M A | 74.9384 |
| Code | NETZ |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| Type | ETF |
TCW ETF Trust [NETZ] is traded in USA and was established 2022-02-02. The fund is listed under Large Blend category and is part of Engine No. 1 ETF family. The entity is thematically classified as Strategy ETFs. TCW ETF Trust now have 81.46 M in assets. , while the total return for the last year was 44.1%.
Check TCW ETF Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on TCW Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding TCW Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as TCW ETF Trust Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
TCW ETF Trust Currency Exposure
TCW ETF Trust holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of TCW ETF will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in TCW ETF Trust.
Top TCW ETF Trust Etf Constituents
| SU | Schneider Electric SE | Stock | Diversified Industrials | |
| CEG | Constellation Energy Corp | Stock | Utilities | |
| GEV | GE Vernova LLC | Stock | Utilities | |
| CP | Canadian Pacific Railway | Stock | Industrials | |
| TT | Trane Technologies plc | Stock | Industrials | |
| VST | Vistra Energy Corp | Stock | Utilities | |
| HUBB | Hubbell | Stock | Industrials | |
| FANG | Diamondback Energy | Stock | Energy |
TCW ETF Trust Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in TCW ETF. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1332 | |||
| Jensen Alpha | 0.0469 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.034 |
TCW ETF Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in TCW ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
The market value of TCW ETF Trust is measured differently than its book value, which is the value of TCW that is recorded on the company's balance sheet. Investors also form their own opinion of TCW ETF's value that differs from its market value or its book value, called intrinsic value, which is TCW ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TCW ETF's market value can be influenced by many factors that don't directly affect TCW ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TCW ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if TCW ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TCW ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.