Do POW and TRFM hold the same stocks?

By their latest filings, 8% 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, POW or TRFM?

POW has 31% of its weight in S&P 500 names and TRFM has 47%, so POW differs more from the index.

Which is cheaper, POW or TRFM?

POW charges 0.75% a year and TRFM charges 0.49%, so TRFM is cheaper. Fees come from each fund's prospectus.

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POW vs TRFM: which is really different?

POW and TRFM hold 8% of their weight in the same names. VistaShares Electrification Supercycle ETF and AAM Transformers ETF.

31.3%

POW in the S&P 500

46.8%

TRFM in the S&P 500

+28.5%

POW total return, since launch

+22.2%

TRFM total return, 1 year

POW · 6 months to Sep 30, 202669% of its weight is outside the S&P 500

31% of POW's weight is in S&P 500 companies and 69% is outside the index

TRFM · 1 year to Sep 30, 202653% of its weight is outside the S&P 500

47% of TRFM's weight is in S&P 500 companies and 53% is outside the index

ETFIQ Off-Index Score · POW scores higherHow much of it is not the index it is sold as an alternative to?

POW 46.9

TRFM 9.6

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, POW and TRFM hold 8% 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 Apr 30, 2026 and Oct 1, 2026.

50%

half

8% in common

Positions both hold, largest shared weight first

Holding POW TRFM

Bloom Energy Corp 3.27% 1.14%

GE Vernova Inc 3.37% 0.85%

Amphenol Corp 1.76% 0.69%

NextEra Energy Inc 2.03% 0.67%

American Electric Power Co Inc 2.68% 0.56%

Xcel Energy Inc 2.07% 0.55%

Vistra Corp 1.41% 0.54%

Constellation Energy Corp 1.39% 0.53%

Prysmian SpA 4.22% 0.45%

Eaton Corp PLC 4.86% 0.43%

ABB Ltd 1.94% 0.41%

NRG Energy Inc 0.40% 0.55%

Only in POW

Delta Electronics Inc 5.82%

Quanta Services Inc 5.23%

LS Electric Co Ltd 3.98%

Hyosung Heavy Industries Corp 3.85%

Powell Industries Inc 3.56%

Bel Fuse Inc 3.42%

Hubbell Inc 2.94%

Siemens Energy AG 2.91%

Only in TRFM

Advanced Micro Devices Inc 1.14%

Sandisk Corp/DE 1.13%

Seagate Technology Holdings PL 1.03%

Marvell Technology Inc 1.00%

Ciena Corp 0.97%

Western Digital Corp 0.96%

Texas Instruments Inc 0.90%

Lumentum Holdings Inc 0.88%

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

8% 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	POW	TRFM	POW	TRFM	POW	TRFM
3 months	−13.0%	−5.0%	−15.6 pts	−7.5 pts	−15.2 pts	−7.2 pts
6 months	+5.5%	+24.8%	−11.5 pts	+7.8 pts	−21.4 pts	−2.1 pts
1 year	not published	+22.2%	not published	+6.5 pts	not published	−1.6 pts
3 years	not published	+119.6%	not published	+34.6 pts	not published	+9.6 pts
Since launch POW Oct 2025 · TRFM Jul 2022	+28.5%	+150.8%	+16.3 pts	+39.0 pts	+11.1 pts	−14.3 pts

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

On the same fields

POW

VistaShares Electrification Supercycle ETF · Holds 54 stocks in electrification and the grid, 31% of its weight in S&P 500 companies

TRFM

AAM Transformers ETF · Holds 310 stocks in electrification and the grid, 47% of its weight in S&P 500 companies

Issuer VistaShares AAM

Theme Electrification and the grid Electrification and the grid

In the S&P 500 31.3% 46.8%

Active share vs the S&P 500 97.8% 79.2%

In the Nasdaq-100 7.4% 27.5%

Holdings 54 310

Top ten, share of the fund 42.5% 8.1%

Expense ratio 0.75% 0.49%

Fee for the differing part 0.77% 0.62%

Total return, 1 year +28.5% (since launch on Oct 28, 2025) +22.2%

vs the S&P 500 +16.3 pts +6.5 pts

vs the Nasdaq-100 +11.1 pts −1.6 pts

Below its high −22.3% −6.4%

Net assets $62m $248m

POW and TRFM on the same fields, as of Sep 30, 2026. Source: ETFIQ.

POW in plain words

By weight, 31% of POW'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 42% of the fund across 54 positions, as published by its issuer for Oct 1, 2026. Since it launched on Oct 28, 2025 the fund returned +28.5% with distributions reinvested against +12.2% for the S&P 500, so a holder was ahead by 16.3 pts. It sits 22.3% below its all-time high of May 11, 2026.

TRFM in plain words

By weight, 47% of TRFM's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 79%. The top ten holdings are 8% of the fund across 310 positions, as filed for Apr 30, 2026. Over the year to Sep 30, 2026 the fund returned +22.2% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 6.5 pts. It sits 6.4% below its all-time high of Jun 30, 2026.

Questions people ask

Do POW and TRFM hold the same stocks?: By their latest filings, 8% 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, POW or TRFM?: POW has 31% of its weight in S&P 500 names and TRFM has 47%, so POW differs more from the index.
Which is cheaper, POW or TRFM?: POW charges 0.75% a year and TRFM charges 0.49%, so TRFM is cheaper. Fees come from each fund's prospectus.

Other comparisons

POW vs POWR POW vs VOLT POW vs ZAP POW vs COPA TRFM vs COPJ TRFM vs COPP TRFM vs COPX TRFM vs ELFY

POW on its own →TRFM on its own →How every figure is computed →Standards and sources →

Where these figures came from

POW filings on SEC EDGAR ↗POW prospectus with the expense ratio (SEC) ↗VistaShares page for POW ↗TRFM filings on SEC EDGAR ↗TRFM prospectus with the expense ratio (SEC) ↗AAM website ↗

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, POW against TRFM, data as of Sep 30, 2026. https://etfiq.com/compare/themes/pow-vs-trfm

Open data

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