Do KWH and POWR hold the same stocks?

By their latest filings, 35% 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, KWH or POWR?

KWH has 41% of its weight in S&P 500 names and POWR has 81%, so KWH differs more from the index.

Which is cheaper, KWH or POWR?

KWH charges 0.60% a year and POWR charges 0.39%, so POWR is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

KWH vs POWR: Holdings Overlap & Returns

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KWH and POWR hold 35% of their weight in the same names.

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Net assets: $58m on Aug 31, 2026 for GMO Power Infrastructure ETF, and $454m on Nov 3, 2026 for iShares U.S. Power Infrastructure ETF.

KWH on its own →POWR on its own →

At a glance

41.4%

KWH in the S&P 500

80.9%

POWR in the S&P 500

−6.1%

KWH total return, since launch, Jul 15, 2026

+4.5%

POWR total return, 1 year

KWH · 3 months to Nov 4, 2026 59% of its weight is outside the S&P 500

41% of KWH's weight is in S&P 500 companies and 59% is outside the index. Holdings as of Aug 31, 2026.

POWR · 1 year to Nov 4, 2026 19% of its weight is outside the S&P 500

81% of POWR's weight is in S&P 500 companies and 19% is outside the index. Holdings as of Nov 3, 2026.

Pair scorecard

POWR costs 0.21 points a year less.

Points (pts) are percentage points.

KWH vs POWR: Holdings Overlap & Returns
Measure	KWH	POWR
Return
Measure	KWH	POWR
Total return, 1 year	not published	+4.5%
Drawdown
Measure	KWH	POWR
Below its all-time high	8.5%, high on Aug 17, 2026	11.3%, high on May 5, 2026
Against its benchmark
Measure	KWH	POWR
What it tracks	Electrification and the grid	Electrification and the grid
Its benchmark, total return, 1 year		+15.0%
Against its benchmark, 1 year		behind by 10.5 pts
Cost and size
Measure	KWH	POWR
Expense ratio	0.60%	0.39%
Net assets, KWH as of Aug 31, 2026 and POWR as of Nov 3, 2026	$58m	$454m
Holdings
Measure	KWH	POWR
Holdings in common	35%

Method

What they share

35%

By the books each fund has filed, KWH and POWR hold 35% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 3, 2026.

50%

0 half 100%

half

35% in common

Positions both hold · largest shared weight first KWH POWR

Eaton Corp PLC 3.43% 5.68%

NextEra Energy Inc 2.52% 6.15%

Expand Energy Corp 1.98% 2.90%

Duke Energy Corp 1.97% 3.95%

EQT Corp 1.95% 4.72%

Exelon Corp 1.84% 1.88%

Consolidated Edison Inc 1.77% 1.73%

American Electric Power Co Inc 1.63% 2.83%

Hubbell Inc 1.46% 3.30%

nVent Electric PLC 1.42% 2.91%

Xcel Energy Inc 1.40% 1.97%

Entergy Corp 1.39% 2.03%

Only in one fund ↓

Only in KWH

Schneider Electric SE 5.14%

Siemens AG 4.68%

Trane Technologies PLC 2.69%

Enel SpA 2.52%

Iberdrola SA 2.51%

Vestas Wind Systems A/S 2.50%

National Grid PLC 2.44%

Contemporary Amperex Technology Co Ltd 2.31%

Only in POWR

CONSTELLATION ENERGY CORP 3.47%

DOMINION ENERGY 2.35%

RANGE RESOURCES 1.76%

GENERAC HOLDINGS 1.72%

ANTERO RESOURCES 1.71%

WEC ENERGY GROUP 1.51%

PUBLIC SERVICE ENTERPRISE GROUP 1.45%

AMEREN 1.22%

Check overlap with more funds →

Window by window

Window by window: KWH vs POWR: Holdings Overlap & Returns
	Total return		vs its benchmark
Window	KWH	POWR	KWH	POWR
3 months	−6.7%	−5.9%	not measured	−4.6 pts vs ACWI
6 months	–	−11.1%	–	−13.7 pts vs ACWI
1 year	–	+4.5%	–	−10.5 pts vs ACWI
3 years	–	+14.5%	–	−63.1 pts vs ACWI
Since launchNot the same days: KWH Jul 2026 · POWR Feb 2012	−6.1%	+69.4%	not measured	−298.3 pts vs ACWI

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

Side by side

KWH GMO Power Infrastructure ETF · Holds 74 stocks in electrification and the grid, 41% of its weight in S&P 500 companies POWR iShares U.S. Power Infrastructure ETF · Holds 69 stocks in electrification and the grid, 81% of its weight in S&P 500 companies

Issuer GMO iShares

Theme Electrification and the grid Electrification and the grid

In the S&P 500 41.4% 80.9%

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

In the Nasdaq-100 4.9% 10.2%

Holdings 74 69

Top ten, share of the fund 30.8% 46.6%

Expense ratio 0.60% 0.39%

Fee for the differing part 0.62% 0.40%

Total return, 1 year −6.1% (since launch, Jul 15, 2026) +4.5%

vs its benchmark not measured −10.5 pts vs ACWI

Below its high −8.5% −11.3%

Net assets, KWH as of Aug 31, 2026 and POWR as of Nov 3, 2026 $58m $454m

As of Nov 4, 2026. Source: ETFIQ.

35% of the two portfolios are the same securities at the same weight.

Alert

About each fund

KWH

By weight, 41% of KWH'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 31% of the fund across 74 positions, as filed for Aug 31, 2026. Since it first traded on Jul 15, 2026 the fund returned −6.1% with distributions reinvested. It sits 8.5% below its all-time high of Aug 17, 2026.

POWR

By weight, 81% 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 47% of the fund across 69 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned +4.5% with distributions reinvested against +15.0% for its benchmark, the MSCI All Country World Index, so a holder was behind by 10.5 pts. It sits 11.3% below its all-time high of May 5, 2026.

Questions people ask

Do KWH and POWR hold the same stocks?: By their latest filings, 35% 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, KWH or POWR?: KWH has 41% of its weight in S&P 500 names and POWR has 81%, so KWH differs more from the index.
Which is cheaper, KWH or POWR?: KWH charges 0.60% a year and POWR charges 0.39%, so POWR is cheaper. Fees come from each fund's prospectus.

Other comparisons

KWH vs POW KWH vs ZAP KWH vs TRFM KWH vs VOLT POWR vs TPZ POWR vs ELFY POWR vs TRFM POWR vs ZAP

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →KWH on its own →POWR on its own →KWH holdings →POWR dividend history →POWR holdings →Method →Standards and sources →

Sources and dates

KWH filings on SEC EDGAR ↗

KWH prospectus with the expense ratio (SEC) ↗

GMO website ↗

POWR filings on SEC EDGAR ↗

POWR prospectus with the expense ratio (SEC) ↗

iShares page for POWR ↗

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

How this is computed

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, KWH against POWR, data as of Nov 4, 2026. https://etfiq.com/compare/themes/kwh-vs-powr

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