ETFIQ
RankingsCompareHoldingsResearch
My portfolioWeekly note
A
vs
B
Share on XDownload as PDFOpen live

EMET vs FPWR: which is really different?

EMET and FPWR hold 0% of their weight in the same names, and EMET returned +32.7% over the year. VanEck Copper and Electrification Metals ETF and First Trust EIP Power Solutions ETF.

10.5%
EMET in the S&P 500
57.7%
FPWR in the S&P 500
+32.7%
EMET total return, 1 year
+5.2%
FPWR total return, 1 year
EMET · 1 year to Sep 30, 202690% of its weight is outside the S&P 500
90% of its weight is outside the S&P 50011% of EMET's weight is in S&P 500 companies and 90% is outside the index11%90%inof its weight outside the S&P 500active share 100% · top ten 54% of the fund · 59 holdings filed Sep 30, 2026 · Nasdaq-100: 0% in90% of its weight is outside the S&P 50011% of EMET's weight is in S&P 500 companies and 90% is outside the index11%90%inof its weight outside the S&P 500active share 100% · top ten 54% of the fund

11% of EMET's weight is in S&P 500 companies and 90% is outside the index

FPWR · 1 year to Sep 30, 202642% of its weight is outside the S&P 500
42% of its weight is outside the S&P 50058% of FPWR's weight is in S&P 500 companies and 42% is outside the index58%42%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 97% · top ten 35% of the fund · 60 holdings filed Sep 30, 2026 · Nasdaq-100: 5% in42% of its weight is outside the S&P 50058% of FPWR's weight is in S&P 500 companies and 42% is outside the index58%42%in the S&P 500outsideactive share 97% · top ten 35% of the fund

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

ETFIQ Off-Index Score · EMET scores higherHow much of it is not the index it is sold as an alternative to?
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, EMET and FPWR hold 0% 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 Sep 30, 2026.

half

0% in common

Positions both hold, largest shared weight first
Holding EMET FPWR
Only in EMET
Anglo American Plc 8.53%
Freeport-Mcmoran Inc 8.26%
Grupo Mexico Sab De Cv 7.32%
Teck Resources Ltd 6.84%
Antofagasta Plc 4.82%
Southern Copper Corp 4.75%
Valterra Platinum Ltd 3.56%
Boliden Ab 3.44%
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%
Kinder Morgan, Inc. 3.10%
WEC Energy Group, Inc. 3.03%

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

0% of the two portfolios are the same securities at the same weight.

Performance, window by window

Total returnvs the S&P 500vs the Nasdaq-100
WindowEMETFPWREMETFPWREMETFPWR
3 months+4.2%−6.7%+1.6 pts−9.3 pts+2.0 pts−8.9 pts
6 months+0.3%−7.2%−16.7 pts−24.2 pts−26.6 pts−34.1 pts
1 year+32.7%+5.2%+17.0 pts−10.6 pts+8.9 pts−18.6 pts
3 years+75.1%+62.8%−9.9 pts−22.2 pts−34.9 pts−47.2 pts
Since launch
EMET Nov 2021 · FPWR Aug 2019
+27.8%+98.7%−48.1 pts−93.3 pts−67.3 pts−214.9 pts

EMET 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

EMET
VanEck Copper and Electrification Metals ETF · Holds 59 stocks in copper, 10% 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 VanEck First Trust
Theme Copper Electrification and the grid
In the S&P 500 10.5% 57.7%
Active share vs the S&P 500 99.8% 97.2%
In the Nasdaq-100 0.0% 5.3%
Holdings 59 60
Top ten, share of the fund 54.0% 35.4%
Expense ratio 0.62% 0.96%
Fee for the differing part 0.62% 0.99%
Total return, 1 year +32.7% +5.2%
vs the S&P 500 +17.0 pts −10.6 pts
vs the Nasdaq-100 +8.9 pts −18.6 pts
Below its high −15.5% −9.3%
Net assets $35m $29m

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

EMET in plain words

By weight, 10% of EMET's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 54% of the fund across 59 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +32.7% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 17.0 pts. It sits 15.5% below its all-time high of Feb 27, 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 EMET and FPWR hold the same stocks?
By their latest filings, 0% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, EMET or FPWR?
EMET has 10% of its weight in S&P 500 names and FPWR has 58%, so EMET differs more from the index.
Which is cheaper, EMET or FPWR?
EMET charges 0.62% a year and FPWR charges 0.96%, so EMET is cheaper. Fees come from each fund's prospectus.
Other comparisons
EMET vs GRIDEMET vs ICOPEMET vs JOULEMET vs POWFPWR vs GRIDFPWR vs ICOPFPWR vs JOULFPWR vs POW
EMET on its own →FPWR on its own →How every figure is computed →Standards and sources →
Where these figures came from
EMET filings on SEC EDGAR ↗EMET prospectus with the expense ratio (SEC) ↗VanEck 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, EMET against FPWR, data as of Sep 30, 2026. https://etfiq.com/compare/themes/emet-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.