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Launched · SEC filings

Nomura Energy Transition ETF

PWERNYSE ArcaNomuraF

$44.02+0.76 (+1.74%)

As of Nov 2, 2026, 2:12 PM ET

F18/ 100

Rank 13 of 14 in Natural Resources

F18/100Rank 13 of 14inNatural Resources
Intraday session: up, 51 prints from 43.27 to 44.02. Range 43.27 to 44.07. Use the arrow keys to read each point.43.4043.6043.8010 AM12 PM2 PM4 PM
Expense ratio
0.79%
Fund size
$12M
1Y total return
+31.8%
Yield · Last 12 months
1.13%
Holdings
40
Avg volume · 30D
962 sh
52W range
low $31.83high $47.15
Launched
Filings
SEC EDGAR

The ETF.net PWER Grade

Based on 5 of 6 pillars

F

Score 18 out of 100

Category
Natural Resources⁠
Rank
13 of 14
Six-pillar profile for PWER. Scores out of 100: Cost 1, Risk 28, Mission not scored, Tradability 8, Holdings 65, Durability 33. Strongest: Holdings (65). Weakest: Cost (1). Based on 5 of 6 pillars.

Score 18 of 100 falls in the F band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F1 out of 100
    Rank 14 of 14

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D28 out of 100
    Rank 14 of 14

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F8 out of 100
    Rank 14 of 14

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B65 out of 100
    Rank 6 of 14

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D33 out of 100
    Rank 12 of 14

Our read on PWER

ETF.net Research

In short

FA clean-energy fund that owns the gritty stuff on purpose: Nomura's manager pairs transition enablers with "responsible producers" (traditional energy and materials firms cutting emissions). Active, no index, 0.79% with no fee waiver.

Stated mandate

The Fund seeks long-term capital growth through an actively managed portfolio of companies supporting the transition to cleaner, lower-carbon energy. It emphasizes transition enablers and responsible producers selected through environmental and fundamental analysis.

Why people hold it

  • Big tent. Alongside electrification and renewables names it can hold traditional energy and materials producers that pure clean-energy screens typically exclude, if they are cutting, displacing or sequestering emissions.sec.gov
  • No index to hug. The manager selects across energy, materials, industrials, renewables and utilities using environmental and fundamental analysis, and can reshuffle as the transition story changes.sec.gov
  • Global reach with a North American center of gravity, and a prospectus rule that at least 80% of assets meet its stated energy-transition criteria.sec.gov

Worth knowing

  • Costs 0.79% with no fee waiver, above the category median. Index-built resource funds such as NANR (0.35%) and IGE (0.37%) deliver the broad version far cheaper.
  • Small and thinly traded, so spreads can run wider and fills lumpier than in the category's heavyweights.
  • Everything rides on one team's judgment of who qualifies as a transition enabler, and the fund has only traded since 2023, a short track record to read.sec.gov

PWER Performance

Launched Nov 28, 2023

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
PWER$13,178
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. PWER $13,178. SPY $11,199. Use the arrow keys to read each point.$10,000$12,000$14,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for PWER. Periods over one year show the average yearly return.
PeriodPWER
Year to date+24.4%
1 month0.0%
3 months+3.6%
1 year+31.8%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for PWER
YearReturn barPWER
2026 YTD+24.4%
2025+35.3%
2024−3.5%
2023+9.7%

History from Nov 29, 2023

PWER in the news

PWER Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
1.13%Last 12 months
Payout per share
$0.49Last 12 months
Last payment
$0.23 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2023–2026

One bar per payment. 10 payments from 2023 to 2026 YTD. Dec 21, 2023 $0.02; Mar 18, 2024 $0.03; Jun 24, 2024 $0.06; Sep 23, 2024 $0.07; Dec 23, 2024 $0.12; Jun 24, 2025 $0.21; Sep 23, 2025 $0.07; Dec 24, 2025 $0.20; Jun 22, 2026 $0.06; Sep 21, 2026 $0.23. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Sep 21, 2026Sep 25, 2026$0.23
Jun 22, 2026Jun 26, 2026$0.06
Dec 24, 2025Dec 31, 2025$0.20
Sep 23, 2025Sep 29, 2025$0.07
Jun 24, 2025Jun 30, 2025$0.21
Dec 23, 2024Dec 30, 2024$0.12
Sep 23, 2024Sep 30, 2024$0.07
Jun 24, 2024Jun 28, 2024$0.06
Mar 18, 2024Mar 22, 2024$0.03
Dec 21, 2023Dec 29, 2023$0.02

$10,000 in PWER 1 year ago paid $148 in dividends.

PWER Risk

Risk pillarD28 out of 100Rank 14 of 14 in Natural Resources
How much the fund’s monthly returns vary, scaled to a year.
20.4%
Annualised · 35 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.85
vs 3-month T-bills · 35 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−29.7%
35 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.88
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

PWER Cost

Compare PWER and NANR

Overpaying vs NANR, cheapest in Natural Resources

$8,048

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • PWER 0.79%

    $15,174

  • NANR 0.35% Cheapest

    $7,126

$10,000
30 years

Cost over time

  • PWER 0.79%
  • NANR 0.35%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530PWER $15,174NANR $7,126

Year by year

YearPWERNANROverpaying
10$1,405$634$771
20$5,331$2,454$2,877
30$15,174$7,126$8,048

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