Do FPWR and TPZ hold the same stocks?

By their latest filings, 34% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.

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

FPWR has 56% of its weight in S&P 500 names and TPZ has 55%, so TPZ differs more from the index.

Which is cheaper, FPWR or TPZ?

FPWR charges 0.96% a year and TPZ charges 0.85%, so TPZ is cheaper. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Thematic ETFs

FPWR vs TPZ: Holdings Overlap & Returns

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Over the year to Oct 28, 2026, FPWR returned +12.4% to TPZ's +3.7%; 34% of their weight is in the same names.

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Net assets: $33m on Oct 27, 2026 for First Trust EIP Power Solutions ETF, and $129m on May 31, 2026 for Tortoise Electrification Infrastructure ETF.

FPWR on its own →TPZ on its own →

At a glance

56.5%

FPWR in the S&P 500

54.6%

TPZ in the S&P 500

+12.4%

FPWR total return, 1 year

+3.7%

TPZ total return, 1 year

FPWR · 1 year to Oct 28, 2026 44% of its weight is outside the S&P 500

57% of FPWR's weight is in S&P 500 companies and 44% is outside the index. Holdings as of Oct 27, 2026.

TPZ · 1 year to Oct 28, 2026 45% of its weight is outside the S&P 500

55% of TPZ's weight is in S&P 500 companies and 45% is outside the index. Holdings as of May 31, 2026.

Pair scorecard

TPZ costs 0.11 points a year less; their one-year returns differ by 8.7 points.

FPWR vs TPZ: Holdings Overlap & Returns
Measure	FPWR	TPZ
Return
Measure	FPWR	TPZ
Total return, 1 year	+12.4%	+3.7%
Drawdown
Measure	FPWR	TPZ
Below its all-time high		6.3%, high on Apr 30, 2026
Benchmark
Measure	FPWR	TPZ
What it tracks	Electrification and the grid	Electrification and the grid
Cost and size
Measure	FPWR	TPZ
Expense ratio	0.96%	0.85%
Net assets, FPWR as of Oct 27, 2026 and TPZ as of May 31, 2026	$33m	$129m
Holdings
Measure	FPWR	TPZ
Holdings in common	34%

ETFIQ S&P 500 Difference Score · TPZ scores higher How much of its weight does it not share with the S&P 500?

IQ Themes Score79.9FPWR94.2TPZ

How different its holdings are from the S&P 500, ranked against 112 thematic ETFs with at least half their money in S&P 500 companies. 100 is best. How it is computed

FPWR 79.9

TPZ 94.2

0.4, the lowest in this set 99.6, the highest

A percentile among the 112 thematic ETFs with at least half their money in S&P 500 companies. Weight not shared with the S&P 500 only; it says nothing about returns, fees or whether the theme pays off. All thematic ETFs ranked by it →

Holdings in common uses holdings dated May 31, 2026 and Oct 27, 2026. Method

What they share

34%

By the books each fund has filed, FPWR and TPZ hold 34% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Oct 27, 2026.

50%

0 half 100%

half

34% in common

Positions both hold · largest shared weight first FPWR TPZ

Energy Transfer LP 4.90% 7.22%

Enterprise Products Partners L.P. 4.63% 3.19%

WEC Energy Group, Inc. 3.09% 2.95%

MPLX LP 2.73% 4.43%

Entergy Corporation 2.56% 5.87%

DTE Energy Company 2.54% 2.37%

American Electric Power Company, Inc. 2.34% 2.44%

Clearway Energy, Inc. (Class C) 2.03% 5.60%

NextEra Energy, Inc. 1.78% 2.98%

Sempra 1.76% 3.04%

Cheniere Energy, Inc. 1.75% 4.75%

CenterPoint Energy, Inc. 1.33% 3.61%

Only in one fund ↓

Only in FPWR

National Fuel Gas Company 3.59%

Duke Energy Corporation 3.58%

Kinder Morgan, Inc. 3.21%

PPL Corporation 2.98%

Xcel Energy Inc. 2.86%

CMS Energy Corporation 2.83%

IDACORP, Inc. 2.83%

Cheniere Energy Partners, L.P. 2.70%

Only in TPZ

TC Energy Corp 5.28%

NRG Energy Inc 3.58%

ONEOK Inc 3.52%

Enbridge Inc 2.31%

Western Midstream Partners LP 1.41%

Talen Energy Corp 1.19%

Rockpoint Gas Storage Inc 1.12%

Hess Midstream LP 1.10%

Check overlap with more funds →

Window by window

Window by window: FPWR vs TPZ: Holdings Overlap & Returns
	Total return
Window	FPWR	TPZ
3 months	+0.5%	+0.3%
6 months	−0.4%	−3.5%
1 year	+12.4%	+3.7%
3 years	+77.1%	–
Since launchNot the same days: FPWR Aug 2019 · TPZ Dec 2024	+113.8%	+12.6%

– means no data for this window. Open this comparison in the app →

Side by side

FPWR First Trust EIP Power Solutions ETF · Holds 60 stocks in electrification and the grid, 56% of its weight in S&P 500 companies TPZ Tortoise Electrification Infrastructure ETF · Holds 31 stocks in electrification and the grid, 55% of its weight in S&P 500 companies

Issuer First Trust Tortoise

Theme Electrification and the grid Electrification and the grid

In the S&P 500 56.5% 54.6%

Active share vs the S&P 500 97.2% 98.3%

In the Nasdaq-100 5.4% 7.0%

Holdings 60 31

Top ten, share of the fund 34.5% 52.7%

Expense ratio 0.96% 0.85%

Fee for the differing part 0.99% 0.86%

Total return, 1 year +12.4% +3.7%

vs its benchmark not measured not measured

Below its high −2.4% −6.3%

Net assets, FPWR as of Oct 27, 2026 and TPZ as of May 31, 2026 $33m $129m

As of Oct 28, 2026. Source: ETFIQ.

34% of the two portfolios are the same securities at the same weight.

Alert

About each fund

FPWR

By weight, 56% 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 34% of the fund across 60 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned +12.4% with distributions reinvested.

TPZ

By weight, 55% of TPZ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 53% of the fund across 31 positions, as filed for May 31, 2026. Over the year to Oct 28, 2026 the fund returned +3.7% with distributions reinvested. It sits 6.3% below its all-time high of Apr 30, 2026.

Questions people ask

Do FPWR and TPZ hold the same stocks?: By their latest filings, 34% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, FPWR or TPZ?: FPWR has 56% of its weight in S&P 500 names and TPZ has 55%, so TPZ differs more from the index.
Which is cheaper, FPWR or TPZ?: FPWR charges 0.96% a year and TPZ charges 0.85%, so TPZ is cheaper. Fees come from each fund's prospectus.

Other comparisons

FPWR vs POWR FPWR vs JOUL FPWR vs TRFM FPWR vs POW TPZ vs JOUL TPZ vs TRFM TPZ vs ZAP TPZ vs VOLT

Where to next

FPWR on its own →TPZ on its own →FPWR dividend history →FPWR holdings →TPZ dividend history →TPZ holdings →Method →Standards and sources →

Sources and dates

FPWR filings on SEC EDGAR ↗

FPWR prospectus with the expense ratio (SEC) ↗

First Trust page for FPWR ↗

TPZ filings on SEC EDGAR ↗

TPZ prospectus with the expense ratio (SEC) ↗

Tortoise website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, FPWR against TPZ, data as of Oct 28, 2026. https://etfiq.com/compare/themes/fpwr-vs-tpz

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.