Do ELFY and FPWR hold the same stocks?

By their latest filings, 25% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, ELFY or FPWR?

ELFY has 48% of its weight in S&P 500 names and FPWR has 58%, so FPWR differs more from the index.

Which is cheaper, ELFY or FPWR?

ELFY charges 0.50% a year and FPWR charges 0.96%, so ELFY is cheaper. Fees come from each fund's prospectus.

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ELFY vs FPWR: which is really different?

ELFY and FPWR hold 25% of their weight in the same names, and ELFY returned +8.7% over the year. ALPS Electrification Infrastructure ETF and First Trust EIP Power Solutions ETF.

48.1%

ELFY in the S&P 500

57.7%

FPWR in the S&P 500

+8.7%

ELFY total return, 1 year

+5.2%

FPWR total return, 1 year

ELFY · 1 year to Sep 30, 202652% of its weight is outside the S&P 500

48% of ELFY's weight is in S&P 500 companies and 52% is outside the index

FPWR · 1 year to Sep 30, 202642% of its weight is outside the S&P 500

58% of FPWR's weight is in S&P 500 companies and 42% is outside the index

ETFIQ Off-Index Score · FPWR scores higherHow much of it is not the index it is sold as an alternative to?

ELFY 30.8

FPWR 41.3

0.1, the lowest in this set92.0, the highest

A percentile among the 375 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, ELFY and FPWR hold 25% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Sep 30, 2026.

50%

half

25% in common

Positions both hold, largest shared weight first

Holding ELFY FPWR

Generac Holdings Inc 1.12% 1.17%

Targa Resources Corp 0.88% 1.04%

Dominion Energy Inc 0.88% 1.92%

Evergy Inc 0.83% 2.56%

Idacorp Inc 0.82% 2.84%

Oneok Inc 0.81% 1.07%

Oge Energy Corp 0.81% 1.52%

Xcel Energy Inc 0.81% 2.79%

Centerpoint Energy Inc 0.80% 1.26%

Wec Energy Group Inc 0.80% 3.03%

Sempra 0.79% 1.75%

Nextera Energy Inc 0.78% 1.77%

Only in ELFY

Sterling Infrastructure Inc 1.75%

Vicor Corp 1.66%

Bloom Energy Corp 1.49%

Powell Industries Inc 1.36%

Enphase Energy Inc 1.32%

Ies Holdings Inc 1.28%

Nvent Electric Plc 1.28%

Coherent Corp 1.23%

Only in FPWR

Energy Transfer LP 5.10%

Enterprise Products Partners L.P. 4.75%

National Fuel Gas Company 3.64%

Duke Energy Corporation 3.54%

PPL Corporation 3.34%

US Dollar 3.19%

MPLX LP 2.87%

CMS Energy Corporation 2.80%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

25% of the two portfolios are the same securities at the same weight.

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	ELFY	FPWR	ELFY	FPWR	ELFY	FPWR
3 months	−11.6%	−6.7%	−14.1 pts	−9.3 pts	−13.7 pts	−8.9 pts
6 months	−2.8%	−7.2%	−19.7 pts	−24.2 pts	−29.6 pts	−34.1 pts
1 year	+8.7%	+5.2%	−7.0 pts	−10.6 pts	−15.1 pts	−18.6 pts
3 years	not published	+62.8%	not published	−22.2 pts	not published	−47.2 pts
Since launch ELFY Apr 2025 · FPWR Aug 2019	+49.7%	+98.7%	+1.9 pts	−93.3 pts	−17.2 pts	−214.9 pts

ELFY and FPWR over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

ELFY

ALPS Electrification Infrastructure ETF · Holds 108 stocks in electrification and the grid, 48% of its weight in S&P 500 companies

FPWR

First Trust EIP Power Solutions ETF · Holds 60 stocks in electrification and the grid, 58% of its weight in S&P 500 companies

Issuer ALPS First Trust

Theme Electrification and the grid Electrification and the grid

In the S&P 500 48.1% 57.7%

Active share vs the S&P 500 94.6% 97.2%

In the Nasdaq-100 3.1% 5.3%

Holdings 108 60

Top ten, share of the fund 13.9% 35.4%

Expense ratio 0.50% 0.96%

Fee for the differing part 0.53% 0.99%

Total return, 1 year +8.7% +5.2%

vs the S&P 500 −7.0 pts −10.6 pts

vs the Nasdaq-100 −15.1 pts −18.6 pts

Below its high −15.2% −9.3%

Net assets $203m $29m

ELFY and FPWR on the same fields, as of Sep 30, 2026. Source: ETFIQ.

ELFY in plain words

By weight, 48% of ELFY's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 95%. The top ten holdings are 14% of the fund across 108 positions, as filed for May 31, 2026. Over the year to Sep 30, 2026 the fund returned +8.7% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 7.0 pts. It sits 15.2% below its all-time high of Jun 2, 2026.

FPWR in plain words

By weight, 58% of FPWR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 35% of the fund across 60 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +5.2% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 10.6 pts. It sits 9.3% below its all-time high of Apr 30, 2026.

Questions people ask

Do ELFY and FPWR hold the same stocks?: By their latest filings, 25% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, ELFY or FPWR?: ELFY has 48% of its weight in S&P 500 names and FPWR has 58%, so FPWR differs more from the index.
Which is cheaper, ELFY or FPWR?: ELFY charges 0.50% a year and FPWR charges 0.96%, so ELFY is cheaper. Fees come from each fund's prospectus.

Other comparisons

ELFY vs EMET ELFY vs ZAP ELFY vs GRID ELFY vs ICOP FPWR vs GRID FPWR vs ICOP FPWR vs JOUL FPWR vs POW

ELFY on its own →FPWR on its own →How every figure is computed →Standards and sources →

Where these figures came from

ELFY filings on SEC EDGAR ↗ELFY prospectus with the expense ratio (SEC) ↗ALPS website ↗FPWR filings on SEC EDGAR ↗FPWR prospectus with the expense ratio (SEC) ↗First Trust page for FPWR ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, ELFY against FPWR, data as of Sep 30, 2026. https://etfiq.com/compare/themes/elfy-vs-fpwr

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.