TCW ETF Competition

IGCB Etf

45.88 0.27 0.59%

TCW ETF Trust competes with Vanguard Total, SPDR SP, IShares Core, Vanguard Total, and Vanguard Value; as well as few others. Analyzing TCW ETF competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of TCW ETF to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of TCW ETF competition on your existing holdings.

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TCW ETF's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.

TCW ETF Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between TCW ETF and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of TCW and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of TCW ETF Trust does not affect the price movement of the other competitor.

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.26	0.55	0.07	0.53	0.05	0.64	0.28	-0.53	0.73	META
MSFT	0.26		0.21	0.17	0.16	-0.01	0.03	-0.11	0.13	-0.2	MSFT
UBER	0.55	0.21		-0.06	-0.09	0.27	-0.03	-0.16	0.09	0.35	UBER
F	0.07	0.17	-0.06		0.28	-0.41	0.5	0.7	-0.37	0.32	F
T	0.53	0.16	-0.09	0.28		-0.5	0.81	0.64	-0.79	0.39	T
A	0.05	-0.01	0.27	-0.41	-0.5		-0.46	-0.6	0.63	0.0	A
CRM	0.64	0.03	-0.03	0.5	0.81	-0.46		0.86	-0.91	0.65	CRM
JPM	0.28	-0.11	-0.16	0.7	0.64	-0.6	0.86		-0.83	0.47	JPM
MRK	-0.53	0.13	0.09	-0.37	-0.79	0.63	-0.91	-0.83		-0.56	MRK
XOM	0.73	-0.2	0.35	0.32	0.39	0.0	0.65	0.47	-0.56		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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High positive correlations

JPM	+ 0.86	CRM
CRM	+ 0.81	T
XOM	+ 0.73	META
JPM	+ 0.7	F
XOM	+ 0.65	CRM
CRM	+ 0.64	META

High negative correlations

MRK	- 0.91	CRM
MRK	- 0.83	JPM
MRK	- 0.79	T
JPM	- 0.6	A
XOM	- 0.56	MRK
MRK	- 0.53	META

TCW ETF Competition Risk-Adjusted Indicators

There is a big difference between TCW Etf performing well and TCW ETF ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze TCW ETF's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
META	1.07	0.07	0.02	0.23	1.41	(1.14)	2.62	(3.15)	8.02
MSFT	0.90	(0.04)	(0.05)	0.07	1.50	(0.86)	2.09	(1.85)	8.19
UBER	1.61	(0.11)	(0.04)	0.02	2.32	(1.70)	2.69	(2.53)	20.10
F	1.42	(0.15)	(0.04)	0.03	2.23	(1.39)	2.53	(2.90)	11.21
T	0.92	0.26	0.12	(7.83)	0.86	(1.06)	2.56	(1.72)	6.47
A	1.17	(0.09)	0.00	(0.06)	0.00	0.00	2.71	(2.42)	9.02
CRM	1.31	0.23	0.18	0.34	1.08	(1.53)	3.18	(1.91)	9.98
JPM	1.12	(0.04)	0.05	0.11	1.38	(1.23)	2.05	(2.00)	15.87
MRK	0.91	(0.24)	0.00	(0.86)	0.00	0.00	2.00	(2.13)	4.89
XOM	1.00	(0.03)	(0.07)	0.06	1.31	(1.04)	2.10	(2.09)	5.74

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TCW ETF Competitive Analysis

The better you understand TCW ETF competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, TCW ETF's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across TCW ETF's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	IGCB	VTI	SPY	IVV	BND	VTV	VUG	VO	VEA	VB
	0.59 45.88 TCW	0.56 299.86 Vanguard	0.62 602.55 SPDR	0.54 605.07 IShares	0.37 73.60 Vanguard	0.34 181.87 Vanguard	0.84 409.13 Vanguard	0.25 284.63 Vanguard	1.21 50.30 Vanguard	0.30 260.51 Vanguard
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Solid	Solid	Solid	Good	Very Weak	Good	Good	Solid	Very Weak	Solid
Odds of Financial Distress (Probability Of Bankruptcy)	Unknown	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Under Valued	Fairly Valued	Under Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Sell	Strong Hold	Strong Hold	Strong Hold	Sell	Strong Hold	Strong Hold	Strong Buy	Hold	Strong Buy
Price To Sales		31.92	1.93	1.9	N/A	1.43	2.98	1.57	1.0	1.25
Equity Positions Weight		99.06	99.92	99.82	N/A	99.75	99.74	98.97	97.25	97.71
Three Year Return		9.7	10.9	10.9	-1.9	11.3	9.4	5.9	3.0	7.5
Net Asset		1.15 T	367.35 B	294.73 B	268.1 B	149.28 B	136.74 B	136.4 B	134.45 B	114.93 B
Price To Book		2.59	2.75	2.7	N/A	2.07	4.29	2.46	1.44	2.06
Five Year Return		14.9	15.4	15.5	N/A	11.8	18.6	11.7	5.8	11.4
One Year Return		34.3	33.4	33.5	6.7	31.0	36.3	33.8	11.7	36.0
Last Dividend Paid		0.7	1.37	0.8	0.14	0.7	0.42	0.51	0.2	0.32
Bond Positions Weight		N/A	N/A	N/A	7.99	N/A	N/A	N/A	N/A	N/A
Ten Year Return		12.7	13.1	13.2	1.5	10.7	15.4	10.3	5.3	10.0
Price To Earning		4.64	21.44	2.9	N/A	73.58	4.99	8.85	15.67	3.94
Beta		1.04	1.0	1.0	0.99	0.8	1.19	1.04	1.09	1.08
Day Typical Price	45.88	299.65	601.76	604.59	73.58	181.94	408.17	284.85	50.15	261.02
Accumulation Distribution	N/A	10073.57	198565.0	20254.22	6834.24	2812.0	7097.18	675.98	54560.35	1946.41
Daily Balance Of Power	(9,223,372,036,855)	0.994	0.937	0.8291	2.076923	0.7439	0.8766	0.8471	1.2	0.4514
Period Momentum Indicator	(0.27)	1.66	3.72	3.25	0.27	0.61	3.41	0.72	0.6	0.79
Rate Of Daily Change	0.99	1.01	1.01	1.01	1.0	1.0	1.01	1.0	1.01	1.0
Day Median Price	45.88	299.54	601.37	604.35	73.57	181.97	407.69	284.96	50.07	261.27
Price Action Indicator	(0.13)	1.15	3.04	2.35	0.17	0.21	3.15	0.035	0.53	(0.37)
Relative Strength Index	N/A	74.22	72.67	72.68	49.76	67.87	71.88	76.87	42.39	79.57
Coefficient Of Variation	226.04	572.63	615.61	620.08	(4,790)	621.21	690.39	403.9	(1,798)	524.26
Mean Deviation	0.2566	0.5635	0.5394	0.5425	0.2301	0.5112	0.7031	0.5621	0.6318	0.7419
Jensen Alpha	0.1489	0.0134	0.008	0.0074	(0.01)	(0.01)	0.0269	0.059	(0.11)	0.0316
Total Risk Alpha	0.0877	(0)	(0.01)	(0.01)	(0.07)	(0.01)	(0.03)	0.0485	(0.19)	0.0142
Sortino Ratio	N/A	(0)	(0.02)	(0.02)	N/A	(0.06)	0.0084	0.0672	N/A	0.0589
Downside Variance	N/A	0.6755	0.7276	0.7264	N/A	0.3012	1.58	0.3897	N/A	0.9143
Standard Deviation	0.3547	0.7812	0.7579	0.7591	0.3116	0.6646	1.02	0.7252	0.8151	1.02
Kurtosis	3.9	2.47	2.15	2.04	1.12	2.23	1.89	1.22	0.4797	2.72
Potential Upside	0.9484	1.07	1.12	1.12	0.4207	1.06	1.66	1.33	1.21	1.68
Treynor Ratio	(9.80)	0.1427	0.1373	0.1365	0.2901	0.1195	0.1585	0.1958	(0.12)	0.154
Maximum Drawdown	0.9921	4.07	3.77	3.75	1.35	3.47	5.33	3.56	3.86	5.31
Variance	0.1258	0.6103	0.5744	0.5762	0.0971	0.4417	1.05	0.5259	0.6644	1.03
Market Risk Adjusted Performance	(9.79)	0.1527	0.1473	0.1465	0.3001	0.1295	0.1685	0.2058	(0.11)	0.164
Risk Adjusted Performance	0.3266	0.1337	0.1241	0.1232	(0.03)	0.1216	0.1133	0.1887	(0.04)	0.1483
Skewness	1.9	(0.17)	(0.35)	(0.32)	0.014	0.7527	(0.67)	0.3085	0.1563	0.5816
Semi Deviation	N/A	0.6366	0.6429	0.6428	N/A	0.3948	0.9599	0.3812	N/A	0.6989
Information Ratio	0.0545	(0)	(0.02)	(0.02)	(0.46)	(0.05)	0.0103	0.0578	(0.22)	0.0554
Value At Risk	(0.15)	(1.27)	(1.28)	(1.27)	(0.60)	(0.78)	(2.03)	(0.93)	(1.42)	(1.21)
Expected Short fall	N/A	(0.61)	(0.54)	(0.55)	N/A	(0.60)	(0.67)	(0.67)	N/A	(0.79)
Downside Deviation	N/A	0.8219	0.853	0.8523	N/A	0.5488	1.26	0.6243	N/A	0.9562
Semi Variance	N/A	0.4053	0.4133	0.4132	N/A	0.1559	0.9215	0.1453	N/A	0.4884

TCW ETF Competition Performance Charts

Five steps to successful analysis of TCW ETF Competition

TCW ETF's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by TCW ETF Trust in relation to its competition. TCW ETF's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of TCW ETF in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact TCW ETF's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to TCW ETF Trust, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your TCW ETF position

In addition to having TCW ETF in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Companies that are involved in the building and marketing of video games or gaming software. The Video Games theme has 24 constituents at this time.

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