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Data as of Nov 4, 2026.

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Thematic ETFs

PCLN vs PWER: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, PCLN returned +15.5% to PWER's +34.8%; 1% of their weight is in the same names.

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Net assets on Jun 30, 2026: $18m for Pictet Cleaner Planet ETF and $11m for Nomura Energy Transition ETF.

PCLN on its own →PWER on its own →
At a glance
59.1%
PCLN in the S&P 500
42.1%
PWER in the S&P 500
+15.5%
PCLN total return, 1 year
+34.8%
PWER total return, 1 year
PCLN · 1 year to Nov 4, 2026 41% of its weight is outside the S&P 500
41% of its weight is outside the S&P 50059% of PCLN's weight is in S&P 500 companies and 41% is outside the index. Holdings as of Jun 30, 2026.59%41%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 90% · top ten 39% of the fund · 66 holdings as filed for Jun 30, 2026 · Nasdaq-100: 29% in41% of its weight is outside the S&P 50059% of PCLN's weight is in S&P 500 companies and 41% is outside the index. Holdings as of Jun 30, 2026.59%41%in the S&P 500outsideactive share 90% · Nasdaq-100: 29% in

59% of PCLN's weight is in S&P 500 companies and 41% is outside the index. Holdings as of Jun 30, 2026.

PWER · 1 year to Nov 4, 2026 58% of its weight is outside the S&P 500
58% of its weight is outside the S&P 50042% of PWER's weight is in S&P 500 companies and 58% is outside the index. Holdings as of Jun 30, 2026.42%58%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 99% · top ten 47% of the fund · 31 holdings as filed for Jun 30, 2026 · Nasdaq-100: 4% in58% of its weight is outside the S&P 50042% of PWER's weight is in S&P 500 companies and 58% is outside the index. Holdings as of Jun 30, 2026.42%58%in the S&P 500outside the S&P 500active share 99% · Nasdaq-100: 4% in

42% of PWER's weight is in S&P 500 companies and 58% is outside the index. Holdings as of Jun 30, 2026.

Pair scorecard

PCLN costs 0.09 points a year less; their one-year returns differ by 19.3 points; PCLN is 1.6 times larger.

Points (pts) are percentage points.

PCLN vs PWER: Holdings Overlap & Returns
MeasurePCLNPWER
Return
Total return, 1 year+15.5%+34.8%
Drawdown
Below its all-time high14.3%, high on Jun 22, 20267.6%, high on Sep 8, 2026
Against its benchmark
What it tracksEnergy transition and decarbonisationEnergy transition and decarbonisation
Its benchmark, total return, 1 year+15.0%+15.0%
Against its benchmark, 1 yearahead by 19.8 pts
Cost and size
Expense ratio0.70%0.79%
Net assets, as of Jun 30, 2026$18m$11m
Holdings
Holdings in common1%

Method

What they share

1%

By the books each fund has filed, PCLN and PWER hold 1% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026.

0 half 100%

half

1% in common

Positions both hold · largest shared weight first PCLN PWER
FIRST SOLAR INC 1.14% 4.53%
Only in one fund ↓
Only in PCLN
APPLIED MATERIALS INC 6.55%
ASML HOLDING NV /EUR 5.55%
TAIWAN SEMICONDUCTOR-SP ADR 4.79%
ECOLAB INC 3.74%
CADENCE DESIGN SYS INC 3.39%
INFINEON TECHNOLOGIES AG /EUR 3.20%
SCHNEIDER ELEC SA /EUR 2.99%
MARVELL TECHNOLOGY INC 2.85%
Only in PWER
Steel Dynamics, Inc. 6.41%
Hudbay Minerals, Inc. 5.67%
ERO Copper Corp. 5.01%
Valero Energy Corp. 4.89%
Generac Holdings, Inc. 4.51%
Arcosa, Inc. 4.49%
Alcoa Corp. 4.01%
HF Sinclair Corp. 4.01%
Check overlap with more funds →

Window by window

Window by window: PCLN vs PWER: Holdings Overlap & Returns
Total returnvs its benchmark
WindowPCLNPWERPCLNPWER
3 months−8.7%+0.5%−7.4 pts vs ACWI+1.8 pts vs ACWI
6 months−5.1%−0.5%−7.7 pts vs ACWI−3.1 pts vs ACWI
1 year+15.5%+34.8%+0.5 pts vs ACWI+19.8 pts vs ACWI
Since launchNot the same days: PCLN Oct 2025 · PWER Nov 2023+14.6%+77.9%−1.9 pts vs ACWI+7.6 pts vs ACWI

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Side by side

PCLN Pictet Cleaner Planet ETF · Holds 66 stocks in energy transition and decarbonisation, 59% of its weight in S&P 500 companies PWER Nomura Energy Transition ETF · Holds 31 stocks in energy transition and decarbonisation, 42% of its weight in S&P 500 companies
Issuer Pictet Nomura
Theme Energy transition and decarbonisation Energy transition and decarbonisation
In the S&P 500 59.1% 42.1%
Active share vs the S&P 500 89.5% 98.6%
In the Nasdaq-100 28.7% 3.5%
Holdings 66 31
Top ten, share of the fund 38.6% 47.3%
Expense ratio 0.70% 0.79%
Fee for the differing part 0.78% 0.80%
Total return, 1 year +15.5% +34.8%
vs its benchmark +0.5 pts vs ACWI +19.8 pts vs ACWI
Below its high −14.3% −7.6%
Net assets, as of Jun 30, 2026 $18m $11m

As of Nov 4, 2026. Source: ETFIQ.

1% of the two portfolios are the same securities at the same weight.

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About each fund
PCLN

By weight, 59% of PCLN's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 90%. The top ten holdings are 39% of the fund across 66 positions, as filed for Jun 30, 2026. Over the year to Nov 4, 2026 the fund returned +15.5% with distributions reinvested against +15.0% for its benchmark, the MSCI All Country World Index, so a holder was about even. It sits 14.3% below its all-time high of Jun 22, 2026.

PWER

By weight, 42% of PWER's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 47% of the fund across 31 positions, as filed for Jun 30, 2026. Over the year to Nov 4, 2026 the fund returned +34.8% with distributions reinvested against +15.0% for its benchmark, the MSCI ACWI Index, so a holder was ahead by 19.8 pts. It sits 7.6% below its all-time high of Sep 8, 2026.

Questions people ask

Do PCLN and PWER hold the same stocks?
By their latest filings, 1% 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, PCLN or PWER?
PCLN has 59% of its weight in S&P 500 names and PWER has 42%, so PWER differs more from the index.
Which is cheaper, PCLN or PWER?
PCLN charges 0.70% a year and PWER charges 0.79%, so PCLN is cheaper. Fees come from each fund's prospectus.
Other comparisons
PCLN vs ETECPCLN vs IQSZPCLN vs ETHOPCLN vs NBETPWER vs ETECPWER vs NBETPWER vs EVXPWER vs IQSZ
Where to next
All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →PCLN on its own →PWER on its own →PCLN dividend history →PCLN holdings →PWER dividend history →PWER holdings →Method →Standards and sources →
Sources and dates
PCLN filings on SEC EDGAR ↗
PCLN prospectus with the expense ratio (SEC) ↗
Pictet website ↗
PWER filings on SEC EDGAR ↗
PWER prospectus with the expense ratio (SEC) ↗
Nomura website ↗

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.

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ETFIQ, PCLN against PWER, data as of Nov 4, 2026. https://etfiq.com/compare/themes/pcln-vs-pwer

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