Nomura Energy Transition ETF
$44.38−0.44 (−0.98%)
- Expense ratio
- 0.79%
- Fund size
- $12M
- 1Y return
- +41.3%
- Yield · Last 12 months
- 1.25%
- Volume · 30D
- 0M sh
- NAV per share
- $44.55
- 52W range
The ETF.net PWER Grade
Score 15 of 100 sits in the F band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 1Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 31Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 8Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 41Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 33Category rank
Our read on PWER
FMacquarie's active take on the energy transition. Rather than tracking a solar-and-wind index, managers pick global transition enablers and cleaner producers using environmental plus fundamental analysis. Launched in 2023.
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
- Actively managed: a manager builds the book around companies supporting the shift to lower-carbon energy, instead of inheriting whatever an index reconstitution hands over.
- The mandate reaches past pure-play renewables to transition enablers and responsible producers, a wider net than a straight solar-and-wind screen.
- Global remit, so the shortlist isn't boxed into US-listed names in a theme where much of the buildout happens overseas.
- Distributions run on a quarterly schedule.
Worth knowing
- The active work carries an active price: 0.80% a year, against 0.39% at index rivals like ICLN and FRNW.
- A small asset base and light trading mean wider spreads. Limit orders matter more here than in the category's household names.
- It launched in December 2023, so there's a short live record behind the stock picking, and results can drift from the broader clean-energy trade.
PWER Holdings
- Stocks
- —
- 48%
- VLO
Sectors
- Materials45.4%
- Energy41.8%
- Industrials7.2%
- Technology3.8%
- Utilities1.8%
Geography
- United States69.87%
- Canada17.13%
- United Kingdom8.03%
- South Africa3.21%
- France1.76%
PWER Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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.
| Period | PWER |
|---|---|
| Year to date | +28.8% |
| 1 month | −3.5% |
| 3 months | +4.6% |
| 1 year | +41.3% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | PWER |
|---|---|---|
| 2026 YTD | +28.8% | |
| 2025 | +35.3% | |
| 2024 | −3.5% | |
| 2023 | +9.7% |
PWER in the news
ETF.net Research hasn’t filed on PWER yet — coverage lands here as it’s written.
PWER Dividends
- 1.25%
- $0.56
- $0.23 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.23 |
| Jun 22, 2026 | Jun 26, 2026 | $0.06 |
| Dec 24, 2025 | Dec 31, 2025 | $0.20 |
| Sep 23, 2025 | Sep 29, 2025 | $0.07 |
| Jun 24, 2025 | Jun 30, 2025 | $0.21 |
| Dec 23, 2024 | Dec 30, 2024 | $0.12 |
| Sep 23, 2024 | Sep 30, 2024 | $0.07 |
| Jun 24, 2024 | Jun 28, 2024 | $0.06 |
| Mar 18, 2024 | Mar 22, 2024 | $0.03 |
| Dec 21, 2023 | Dec 29, 2023 | $0.02 |
PWER Risk
- 20.5%
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.
- 0.99
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.
- −29.7%
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.
- 0.85
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PWER Cost
- The middle half of Natural Resources funds
- Median 0.46%
Every other Natural Resources fund charges less.