NETZ
TCW Transform Systems ETF
NETZ is actively managed and seeks to invest in companies that will drive and benefit from the development of sustainable business practices and climate-friendly business models.
US
EQUITY
Active
MANAGEMENT STYLE
$ 1.4 B
ASSETS UNDER MGMT
75 bp
EXPENSES
Fund Basics
| Inception date | Feb 02, 2022 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Annually |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| GE AEROSPACE | 8.4 % |
| UNION PACIFIC CORP | 7.3 % |
| VENTURE GLOBAL INC ORDINARY SHARES - CLA | 6.4 % |
| EXXON MOBIL HOLDING CORP | 5.7 % |
| ARISTA NETWORKS, INC. | 5.1 % |
| SAFRAN SA | 5.0 % |
| AIRBUS GROUP SE | 4.3 % |
| BROADCOM INC. | 3.9 % |
| TRANE TECHNOLOGIES PLC | 3.5 % |
| EATON CORP PLC | 3.4 % |
Constituent Breakdown
| Number of holdings | 30 |
| Herfindahl-Hirschman Index | 409 |
| Wgt avg mkt cap (mns) | $295,162 |
| Large cap (>$10bn) | 83.1% |
| Mid cap ($2-10bn) | 6.4% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 90.1% |
| Emerging mkts. | 3.3% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 64.9 % |
 |
IRELAND | 6.9 % |
 |
FRANCE | 5.0 % |
 |
NETHERLANDS | 4.3 % |
 |
CANADA | 3.9 % |
 |
TAIWAN | 3.2 % |
 |
SWEDEN | 1.3 % |
Historical Performance
Standardized Performance (as of 08/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 25.1% | 31.3% | 30.7% | 31.1% | -- | -- | -- | 21.2% |
| Dividend Yield | 0.0% | 0.0% | 0.3% | 0.5% | -- | -- | -- | 0.7% |
| Total Returns | 25.1% | 31.3% | 31.0% | 31.6% | -- | -- | -- | 21.9% | Ann. Volatility | 29.5% | 26.3% | 26.6% | 23.0% | -- | -- | -- | 22.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.60 | 63% |
| MSCI EAFE | 1.22 | 56% |
| MSCI Emg Mkts | 0.87 | 63% |
Liquidity Measures
| Avg. volume (000) | 111 |
| ADV traded (mns) | $12 |
| Turnover | 0.8% |
| Avg. Bid/Ask (% of price) | 0.07% |
Technical Indicators
| 30d moving avg. (EMA) | $112.74 |
| Relative strength (RSI) | 60 |
| MACD/Signal | 1.45/0.85 |
| Bollinger Bands (Upper/Lower) | $118.98/$107.67 |
| Short interest (% of AUM) | 0.2% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. NETZ |
Expenses vs. NETZ |
ALTAR Score™ vs. NETZ |
|---|---|---|---|---|
| XLI | Industrial Select Sector SPDR | 23.2% | -67 bp | +1.2% |
| IQM | Franklin Intelligent Machines ETF | 22.4% | -25 bp | +0.1% |
| AIPO | Defiance AI & Power Infrastructure ETF | 20.8% | -6 bp | -2.2% |
| FIDU | Fidelity MSCI Industrial Index ETF | 20.4% | -67 bp | +1.3% |
| TSES | Truth Social American Energy Security ETF | 19.5% | -10 bp | +2.8% |
| VIS | Vanguard Industrials ETF | 19.2% | -66 bp | +1.4% |
| GRNY | Fundstrat Granny Shots US Large Cap ETF | 18.8% | 0 bp | +0.4% |
| PTL | Inspire 500 ETF | 18.0% | -66 bp | +1.4% |
| GGRW | Gabelli Growth Innovators ETF | 17.8% | +15 bp | +0.2% |
| RACK | VanEck Data Center Supply Chain ETF | 17.1% | -25 bp | +0.3% |
Risk and Returns: NETZ vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/6/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
3.6%
ALTAR SCORE™
16th
PERCENTILE
AVOID
ETFRC RATING
There are 1,388 funds in the US Equity category with an average
ALTAR Score™ of 5.7% and a standard deviation
of 2.1%. NETZ's ALTAR Score™ is approximately -1.0 standard
deviations above the category average. This places NETZ in the 16th percentile
among funds in the category.
Sell-Side Consensus
$143.05
PRICE TARGET
+30.2%
UPSIDE