Do POWR and TPZ hold the same stocks?

By their latest filings, 19% 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, POWR or TPZ?

POWR has 81% of its weight in S&P 500 names and TPZ has 55%, so TPZ differs more from the index.

Which is cheaper, POWR or TPZ?

POWR charges 0.39% a year and TPZ charges 0.85%, so POWR is cheaper. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Thematic ETFs

POWR vs TPZ: Holdings Overlap & Returns

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Over the year to Oct 28, 2026, POWR returned +5.4% to TPZ's +3.7%; 19% of their weight is in the same names.

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Net assets: $445m on Oct 27, 2026 for iShares U.S. Power Infrastructure ETF, and $129m on May 31, 2026 for Tortoise Electrification Infrastructure ETF.

POWR on its own →TPZ on its own →

At a glance

80.7%

POWR in the S&P 500

54.6%

TPZ in the S&P 500

+5.4%

POWR total return, 1 year

+3.7%

TPZ total return, 1 year

POWR · 1 year to Oct 28, 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 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

POWR costs 0.46 points a year less; their one-year returns differ by 1.7 points.

Points (pts) are percentage points.

POWR vs TPZ: Holdings Overlap & Returns
Measure	POWR	TPZ
Return
Measure	POWR	TPZ
Total return, 1 year	+5.4%	+3.7%
Drawdown
Measure	POWR	TPZ
Below its all-time high	10.7%, high on May 5, 2026	6.3%, high on Apr 30, 2026
Against its benchmark
Measure	POWR	TPZ
What it tracks	Electrification and the grid	Electrification and the grid
Its benchmark, total return, 1 year	+13.4%
Against its benchmark, 1 year	behind by 8.0 pts
Cost and size
Measure	POWR	TPZ
Expense ratio	0.39%	0.85%
Net assets, POWR as of Oct 27, 2026 and TPZ as of May 31, 2026	$445m	$129m
Holdings
Measure	POWR	TPZ
Holdings in common	19%

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 Score76.8POWR94.2TPZ

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

POWR 76.8

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

19%

By the books each fund has filed, POWR and TPZ hold 19% 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

19% in common

Positions both hold · largest shared weight first POWR TPZ

CONSTELLATION ENERGY CORP 3.48% 4.53%

NEXTERA ENERGY 6.11% 2.98%

AMERICAN ELECTRIC POWER INC 2.89% 2.44%

ENTERGY CORP 2.06% 5.87%

VISTRA 1.88% 3.97%

WEC ENERGY GROUP 1.48% 2.95%

CENTERPOINT ENERGY 1.13% 3.61%

DTE ENERGY 1.12% 2.37%

QUANTA SERVICES INC 5.66% 0.95%

NRG ENERGY INC 0.82% 3.58%

TALEN ENERGY 0.63% 1.19%

CLEARWAY ENERGY INC CLASS C 0.16% 5.60%

Only in one fund ↓

Only in POWR

GE VERNOVA 5.77%

EATON PLC 5.67%

EQT 4.98%

SOUTHERN 4.34%

DUKE ENERGY CORP 3.96%

HUBBELL INC 3.25%

EXPAND ENERGY 3.10%

NVENT ELECTRIC PLC 3.08%

Only in TPZ

Energy Transfer LP 7.22%

Targa Resources Corp 5.64%

Williams Cos Inc 5.42%

TC Energy Corp 5.28%

Cheniere Energy Inc 4.75%

MPLX LP 4.43%

DT Midstream Inc 3.65%

ONEOK Inc 3.52%

Check overlap with more funds →

Window by window

Window by window: POWR vs TPZ: Holdings Overlap & Returns
	Total return		vs its benchmark
Window	POWR	TPZ	POWR	TPZ
3 months	−1.0%	+0.3%	−5.4 pts vs ACWI	not measured
6 months	−6.9%	−3.5%	−14.3 pts vs ACWI	not measured
1 year	+5.4%	+3.7%	−8.0 pts vs ACWI	not measured
3 years	+18.0%	–	−70.9 pts vs ACWI	–
Since launchNot the same days: POWR Feb 2012 · TPZ Dec 2024	+70.7%	+12.6%	−299.2 pts vs ACWI	not measured

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

Side by side

POWR iShares U.S. Power Infrastructure ETF · Holds 68 stocks in electrification and the grid, 81% 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 iShares Tortoise

Theme Electrification and the grid Electrification and the grid

In the S&P 500 80.7% 54.6%

Active share vs the S&P 500 96.9% 98.3%

In the Nasdaq-100 10.2% 7.0%

Holdings 68 31

Top ten, share of the fund 46.3% 52.7%

Expense ratio 0.39% 0.85%

Fee for the differing part 0.40% 0.86%

Total return, 1 year +5.4% +3.7%

vs its benchmark −8.0 pts vs ACWI not measured

Below its high −10.7% −6.3%

Net assets, POWR as of Oct 27, 2026 and TPZ as of May 31, 2026 $445m $129m

As of Oct 28, 2026. Source: ETFIQ.

19% of the two portfolios are the same securities at the same weight.

Alert

About each fund

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 46% of the fund across 68 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned +5.4% with distributions reinvested against +13.4% for its benchmark, the MSCI All Country World Index, so a holder was behind by 8.0 pts. It sits 10.7% below its all-time high of May 5, 2026.

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 POWR and TPZ hold the same stocks?: By their latest filings, 19% 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, POWR or TPZ?: POWR has 81% of its weight in S&P 500 names and TPZ has 55%, so TPZ differs more from the index.
Which is cheaper, POWR or TPZ?: POWR charges 0.39% a year and TPZ charges 0.85%, so POWR is cheaper. Fees come from each fund's prospectus.

Other comparisons

POWR vs ELFY POWR vs TRFM POWR vs FPWR POWR vs VOLT TPZ vs ELFY TPZ vs FPWR TPZ vs GRID TPZ vs ZAP

Where to next

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

Sources and dates

POWR filings on SEC EDGAR ↗

POWR prospectus with the expense ratio (SEC) ↗

iShares page for POWR ↗

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

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