Do FPWR and POWR hold the same stocks?

By their latest filings, 32% 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, FPWR or POWR?

FPWR has 58% of its weight in S&P 500 names and POWR has 80%, so FPWR differs more from the index.

Which is cheaper, FPWR or POWR?

FPWR charges 0.96% a year and POWR charges 0.39%, so POWR is cheaper. Fees come from each fund's prospectus.

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FPWR vs POWR: which is really different?

FPWR and POWR hold 32% of their weight in the same names, and FPWR returned +5.2% over the year. First Trust EIP Power Solutions ETF and iShares U.S. Power Infrastructure ETF.

57.7%

FPWR in the S&P 500

80.5%

POWR in the S&P 500

+5.2%

FPWR total return, 1 year

+2.8%

POWR total return, 1 year

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

POWR · 1 year to Sep 30, 202620% of its weight is outside the S&P 500

81% of POWR's weight is in S&P 500 companies and 20% 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?

FPWR 41.3

POWR 39.6

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, FPWR and POWR hold 32% 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.

50%

half

32% in common

Positions both hold, largest shared weight first

Holding FPWR POWR

Duke Energy Corporation 3.54% 3.75%

The Southern Company 2.76% 4.02%

American Electric Power Company, Inc. 2.31% 2.72%

Entergy Corporation 2.54% 1.95%

Dominion Energy, Inc. 1.92% 2.24%

Xcel Energy Inc. 2.79% 1.86%

NextEra Energy, Inc. 1.77% 5.81%

Public Service Enterprise Group Incorporated 2.27% 1.41%

WEC Energy Group, Inc. 3.03% 1.38%

Generac Holdings Inc. 1.17% 1.79%

Ameren Corporation 1.79% 1.16%

DTE Energy Company 2.52% 1.07%

Only in FPWR

Energy Transfer LP 5.10%

Enterprise Products Partners L.P. 4.75%

National Fuel Gas Company 3.64%

US Dollar 3.19%

Kinder Morgan, Inc. 3.10%

MPLX LP 2.87%

Cheniere Energy Partners, L.P. 2.70%

ONE Gas, Inc. 2.22%

Only in POWR

EATON PLC 6.56%

GE VERNOVA 6.34%

NVENT ELECTRIC PLC 3.81%

HUBBELL INC 3.51%

EXPAND ENERGY 2.85%

EXELON CORP 1.76%

NEXTPOWER INC 1.73%

CONSOLIDATED EDISON 1.59%

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

32% 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	FPWR	POWR	FPWR	POWR	FPWR	POWR
3 months	−6.7%	−11.1%	−9.3 pts	−13.6 pts	−8.9 pts	−13.2 pts
6 months	−7.2%	−7.6%	−24.2 pts	−24.6 pts	−34.1 pts	−34.5 pts
1 year	+5.2%	+2.8%	−10.6 pts	−12.9 pts	−18.6 pts	−20.9 pts
3 years	+62.8%	+8.7%	−22.2 pts	−76.3 pts	−47.2 pts	−101.3 pts
Since launch FPWR Aug 2019 · POWR Feb 2012	+98.7%	+64.8%	−93.3 pts	−577.6 pts	−214.9 pts	−1207.1 pts

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

On the same fields

FPWR

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

POWR

iShares U.S. Power Infrastructure ETF · Holds 82 stocks in electrification and the grid, 80% of its weight in S&P 500 companies

Issuer First Trust iShares

Theme Electrification and the grid Electrification and the grid

In the S&P 500 57.7% 80.5%

Active share vs the S&P 500 97.2% 96.9%

In the Nasdaq-100 5.3% 9.9%

Holdings 60 82

Top ten, share of the fund 35.4% 48.3%

Expense ratio 0.96% 0.39%

Fee for the differing part 0.99% 0.40%

Total return, 1 year +5.2% +2.8%

vs the S&P 500 −10.6 pts −12.9 pts

vs the Nasdaq-100 −18.6 pts −20.9 pts

Below its high −9.3% −13.8%

Net assets $29m $426m

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

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.

POWR in plain words

By weight, 80% of POWR'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 48% of the fund across 82 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +2.8% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 12.9 pts. It sits 13.8% below its all-time high of May 5, 2026.

Questions people ask

Do FPWR and POWR hold the same stocks?: By their latest filings, 32% 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, FPWR or POWR?: FPWR has 58% of its weight in S&P 500 names and POWR has 80%, so FPWR differs more from the index.
Which is cheaper, FPWR or POWR?: FPWR charges 0.96% a year and POWR charges 0.39%, so POWR is cheaper. Fees come from each fund's prospectus.

Other comparisons

FPWR vs POW FPWR vs COPX FPWR vs GRID FPWR vs ICOP POWR vs COPA POWR vs GRID POWR vs TRFM POWR vs VOLT

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

Where these figures came from

FPWR filings on SEC EDGAR ↗FPWR prospectus with the expense ratio (SEC) ↗First Trust page for FPWR ↗POWR filings on SEC EDGAR ↗POWR prospectus with the expense ratio (SEC) ↗iShares page for POWR ↗

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

Open data

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