IQ

PWRZ TrueShares Eagle Global Next Gen Power Infrastructure ETF

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$30.97
+2.4% · 1 day, price
IQ’s readingComputed nightly from ETFIQ data. Not written live.

PWRZ: ETFIQ has no SEC series on record to read its holdings from, so there is nothing to look through.

Why did PWRZ return −3.3% from Jul 2026 to Oct 2026, against IGF’s −1.7%?What does PWRZ hold that the S&P 500 does not?What do PWRZ’s net flows of +$3.2m over the since Apr 2025 mean?
Tracks electrification and the gridTrueShares ↗Expense ratio 0.75%Fund assets $6.0m net assets, latest filing (Jun 30, 2026)Benchmark S&P Global Infrastructure Total Return Index, measured by IGF, which tracks the same indexSEC filings ↗Every TrueShares fund ETFIQ coversDividend history

Promise check: Not measuredETFIQ has not yet listed which companies belong to the electrification and the grid theme.

Compare with…Trading costsPut to the committeeaskIQ about PWRZAdd to portfolioOverlapFlowsAlerts

PWRZ risk and return scorecard

vs IGF · Jul 2026 to Oct 2026 · 15 weekly returns · dividend-adjusted

Short history · 3 months
PWRZ −3.3%, IGF −1.7%, Jul 2026 to Oct 2026, distributions reinvested.

15 weekly returns: annualized numbers and ratios need 52.

Return
MeasurePWRZIGFEdge
Total return−3.3%−1.7%IGF
Price return−3.8%−1.7%IGF
Risk
MeasurePWRZIGFEdge
Max drawdown−6.6%−8.4%PWRZ
Alpha vs IGF
MeasurePWRZIGFEdge
Beta to IGF0.591.00Lower beta

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data

Money in and out

Net fund flows · Jun 30, 2026
12 months to Jun 30, 2026
+$2.9m
Since Apr 2025
+$3.2m
askIQ: what do these flows mean? ↗

What you earned

PWRZ +7.1%, IGF +6.9%: total return over one month to Nov 4, 2026.
PWRZ+7.1%
IGF+6.9%
PWRZ +2.9%, IGF +0.4%: total return over three months to Nov 4, 2026.
PWRZ+2.9%
IGF+0.4%
askIQ: why did PWRZ return +2.9% over three months, against IGF’s +0.4%? ↗

What did you actually buy?

Electrification and the grid
not read by ETFIQ
Already in the S&P 500
not read by ETFIQ
Active share vs the S&P 500
not published
Top ten holdings
not published
Total return,
$0.15
Last payment, ex-date Sep 29, 2026
Report
Share already in the S&P 500
Ten largest holdings
askIQ: what does PWRZ hold that the S&P 500 does not? ↗

More on PWRZ

Every number below is on this page. Open what you need.

The week's ETF fund flows, by email on Sundays.

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Price, 3 months

$30.97+2.4%1 day, priceClose, Nov 4, 2026

Price only. Total return over the same days, distributions reinvested, was +2.9%. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Nov 4, 2026. Updated every trading night. Report a data error

Points (pts) are percentage points.

PWRZ returns by window: total return, cash paid and price change
WindowTotal returnBenchmark (IGF)Gap to IGFS&P 500 (SPY)
1M Oct 5 – Nov 4, 2026+7.1%+6.9%+0.2 pts−1.0%
3M Aug 5 – Nov 4, 2026+2.9%+0.4%+2.5 pts−0.1%

Total returns, distributions reinvested. No data for 6 months, year to date, 1 year and 3 years.

Source: Tiingo end-of-day prices, with distributions reinvested.

Money in and out

Monthly data · as of Jun 30, 2026

PWRZ: in the month to Jun 30, 2026, nothing net moved, by its SEC filing.

12 months
+$2.9m
120.3% of $2.4m on Jun 30, 2025
Jul 1, 2025 to Jun 30, 2026
monthly, from SEC filings
Since Apr 2025
+$3.2m
Apr 1, 2025 to Jun 30, 2026
monthly, from SEC filings

Computed by ETFIQ from the monthly sales and redemptions PWRZ files with the SEC on Form N-PORT.

How this is computed

ETFIQ reads no daily data for this fund, so its flows are monthly, and the latest month filed is Jun 2026. Every day and month ETFIQ holds for PWRZ, back to Apr 2025, is in its flows file. Flows across every fund · How these flows are computed · Compare PWRZ with other funds in the flows tool

Month by month, money in and money outApr 2025 to Jun 2026

PWRZ, money in and money out each month from Apr 2025 to Jun 2026: two bars a month, money in above the line and money out below. Every bar is from PWRZ’s SEC filings (N-PORT item B.6). Of the 15 months listed, money came in on net in 4 and went out in 0.

Every bar is from PWRZ’s SEC filings (N-PORT item B.6). Of the 15 months listed, money came in on net in 4 and went out in 0.

MonthInOutNet
Jun 2026 SEC Form N-PORT$0$0$0
May 2026 SEC Form N-PORT+$3.9m−$1.6m+$2.3m
Apr 2026 SEC Form N-PORT+$633k$0+$633k
Mar 2026 SEC Form N-PORT$0$0$0
Feb 2026 SEC Form N-PORT$0$0$0
Jan 2026 SEC Form N-PORT$0$0$0
Dec 2025 SEC Form N-PORT$0$0$0
Nov 2025 SEC Form N-PORT$0$0$0
Oct 2025 SEC Form N-PORT$0$0$0
Sep 2025 SEC Form N-PORT+$499k−$496k+$3k
Aug 2025 SEC Form N-PORT$0$0$0
Jul 2025 SEC Form N-PORT$0$0$0
Jun 2025 SEC Form N-PORT+$260k$0+$260k
May 2025 SEC Form N-PORT$0$0$0
Apr 2025 SEC Form N-PORT$0$0$0

Most recent first.

How this is computed

N-PORT months: money in is sales plus reinvestments; money out is redemptions.

N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.

Source: ETFIQ, from the fund’s SEC N-PORT filings. Data as of Jun 30, 2026. Updated when the fund files its next report.

PWRZ key stats

High since Jul 10, 2026, daily closes to Nov 4, 2026 (ETFIQ)$31.56 on Jul 22, 2026
Low since Jul 10, 2026, daily closes to Nov 4, 2026 (ETFIQ)$28.83 on Oct 1, 2026
Close on Nov 4, 2026, within that range (ETFIQ)$30.97, 78% of the way from the low to the high
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

Trading

as of Nov 4, 2026
Trading · PWRZas of Nov 4, 2026
·
Not scored1 of 6 measured · Nov 4, 2026
0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant
Cost for your order · one way, half its 30-day median spread
One dealer
How to tradeSpread not read.
Full trading page: components, premium history, dealers →

PWRZ for holders outside the US

US tax withheld on dividends, no treaty30%
Treaty rates on dividends (IRS table, read Oct 30, 2026)65 countries, 10% to 30%
PWRZ interest-related and short-term gain dividendsnot read by ETFIQ
US estate tax filing threshold, non-resident holders$60,000
Share classDistributing

PWRZ is a US fund. Stock of US corporations counts as US property for a non-resident's estate. Facts from the IRS, not tax advice. How withholding and treaties work
Download all holdings

PWRZ top ten by weight, 62.6% of the fund, of its 23 equity positions, from the holdings filed for Jun 30, 2026. Source: the fund’s SEC filing.

American Electric Power Co Inc AEP 10.35%
RWE AG RWE 8.57%
Enel SpA ENEL 7.79%
NextEra Energy Inc NEE 6.69%
HA SUSTAINABLE INFRASTRUCTURE CAPITAL INC HASI 6.58%
Clearway Energy Inc CWEN 5.76%
Endesa SA ELE 4.96%
Orsted AS ORSTED CPH 4.30%
SSE PLC SSE 3.86%
Acciona SA ANA 3.76%
Fund filings on SEC EDGAR ↗See all 23 holdings →Check overlap with another fund →

Source: The fund’s SEC filing.

About PWRZ

Theme (ETFIQ, editorial)Electrification and the grid
First tradednot stated: it traded as RNWZ before a filing of Jul 8, 2026 renamed it PWRZ (its own N-PORTs report money moving from June 2025), and its prices here begin at the new ticker on Jul 10, 2026
Net assets (SEC filing, whole fund, as filed for Jun 30, 2026)$6.0mReport
Benchmark (ETFIQ, from its filings)S&P Global Infrastructure Total Return Index, measured by IGF, which tracks the same indexReport
Benchmark named inits shareholder report, N-CSRS, Sep 4, 2026
Below its all-time high (ETFIQ)−1.4%
Expense ratio (485BPOS XBRL, Jul 7, 2026)0.75%Report
Closest funds by holdings overlapACES 21%, SMOG 18%, FRNW 18%, VCLN 15%, NGIF 15%
How we measure
Holdings from the fund’s latest public SEC N-PORT filing; overlap and active share computed by ETFIQ against the IVV and QQQM books; returns from Tiingo end-of-day prices with distributions reinvested. Method
IQ Investment Committee on PWRZ

12 seats on PWRZ, as of Nov 4, 2026: 1 Mixed, 4 Challenges, 7 Not enough data.

In the tradition ofJohn BogleBogle-style Low CostChallenges
In the tradition ofBenjamin GrahamGraham-style Margin of SafetyNot enough data
In the tradition ofWarren Buffett & Charlie MungerBuffett & Munger-style QualityNot enough data
In the tradition ofPeter LynchLynch-style Growth at a Reasonable PriceNot enough data
In the tradition ofJohn TempletonTempleton-style Global ContrarianNot enough data
In the tradition ofRay DalioDalio-style All-WeatherChallenges
In the tradition ofHoward MarksMarks-style Cycles & RiskNot enough data
In the tradition ofStanley DruckenmillerDruckenmiller-style Macro & LiquidityChallenges
In the tradition ofDavid SwensenSwensen-style DiversificationChallenges
In the tradition ofCathie WoodWood-style Disruptive InnovationNot enough data
In the tradition ofJesse LivermoreLivermore-style Trend FollowingNot enough data
Uses ETFIQ’s measuresThe ETFIQ SkepticETFIQ’s own seatMixed
Put PWRZ to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Questions people ask about PWRZ

What does PWRZ cost?
The prospectus expense ratio is 0.75% a year.
Sources and dates
Prices, PWRZ, Benchmark (IGF) and S&P 500 (SPY)Tiingo end-of-day · Nov 4, 2026
Fee, 0.75%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $6.0mSEC filing, whole fund · Jun 30, 2026
HoldingsThe fund’s SEC filing · Jun 30, 2026
IssuerTrueShares website ↗
All fund filingsFund filings on SEC EDGAR ↗
TrueShares’s own site ↗

Links are sources, not endorsements.

Method →Standards and sources →Open data →
Cite this pageCitation, APA and Markdown

ETFIQ, PWRZ, thematic ETFs, data as of Nov 4, 2026. https://etfiq.com/funds/pwrz

The difference bar for PWRZ, redrawn every trading night.

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

Active share
How differently the money is placed, counting weights: one minus the sum of the smaller weight of each security across the fund and the index. 100% means nothing in common; 0% means the index itself. Two funds can hold the same names and still have a high active share if they weight them very differently.
Weight overlap
The share of money two portfolios hold in the same securities at the same weight.
Already in the index
The fund’s weight in securities the S&P 500 holds at all. A fund can be made entirely of index names and still have high active share, because it holds them at different weights.
Top ten
The weight of the ten largest holdings. Above 50% the fund is a bet on a handful of companies, whatever the theme.
Full definitions: thematic ETFs vocabulary page. →
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PWRZ: Holdings not yet filed. Holdings checked on Nov 4, 2026.
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<figcaption style="font:13px/1.5 sans-serif">PWRZ: Holdings not yet filed. Holdings checked on Nov 4, 2026. Data: <a href="https://etfiq.com/funds/pwrz">ETFIQ</a></figcaption>
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