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Launched · SEC filings

TrueShares Eagle Global Next Gen Power Infrastructure ETF

PWRZCboeTrueSharesD

$30.09+0.19 (+0.64%)

At close: Nov 2, 2026, 4:00 PM ET

D34/ 100

Rank 25 of 34 in Infrastructure

D34/100Rank 25 of 34inInfrastructure
Intraday session: up, 74 prints from 29.90 to 30.09. Range 29.90 to 30.09. Use the arrow keys to read each point.29.9530.0030.0510 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$12M
1Y total return
No data
Yield · Last 12 months
1.69%
Holdings
24
Avg volume · 30D
4K sh
52W range
low $26.20high $33.54
Launched
Filings
SEC EDGAR

The ETF.net PWRZ Grade

Based on 4 of 6 pillars

D

Score 34 out of 100

Category
Infrastructure⁠
Rank
25 of 34
Six-pillar profile for PWRZ. Scores out of 100: Cost 24, Risk 48, Mission not scored, Tradability 41, Holdings not scored, Durability 41. Strongest: Risk (48). Weakest: Cost (24). Based on 4 of 6 pillars.

Score 34 of 100 falls in the D 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.
    F24 out of 100
    Rank 26 of 34

  • 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.
    C48 out of 100
    Rank 21 of 34

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C41 out of 100
    Rank 22 of 34

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C41 out of 100
    Rank 23 of 34

Our read on PWRZ

ETF.net Research

In short

DLaunched in 2022 as a renewable energy income fund, renamed in 2026 to next gen power infrastructure. Same active, global, concentrated approach to the companies that make and move electricity.

Stated mandate

The Fund seeks long-term growth of capital and, under normal conditions, commits at least 80% of its assets to Power Infrastructure Companies.

Why people hold it

  • Wide mandate: at least 80% of assets in power infrastructure companies, anywhere in the world, chosen by a manager rather than pulled from a fixed index.true-shares.com
  • The 2026 rename from renewable energy income stretched the lane past clean power alone into power infrastructure broadly.sec.gov
  • Distributions land on a quarterly schedule, and income was in the original blueprint rather than bolted on later.sec.gov

Worth knowing

  • At 0.75% it runs above the 0.59% category median, and index rivals IFRA (0.30%) and IGF (0.37%) undercut it by a wide margin.
  • A small fund that trades thinly, so spreads can run wider than in the category's household names.
  • The strategy was redefined in 2026, so much of the record behind it was built under the old renewables only mandate.sec.gov

PWRZ Holdings

Asset class
Stocks
Holdings
24
Top-10 weight
64%
Largest holding
AEP10.4%

Geography

  • United States43.49%
  • Spain11.59%
  • Germany9.25%
  • United Kingdom8.16%
  • Italy7.50%
  • Canada5.82%
  • Finland4.11%
  • Denmark4.09%
  • Other countries (2)6.00%

Developed 100% · Emerging 0% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1AEPAmerican Electric Power Co Inc10.36%9,244$1.2M346
2No dataRwe AG8.96%16,188$1.04M3
3No dataEnel SpA7.43%82,877$862K2
4NEENextEra Energy Inc6.72%9,319$780K416
5HASIHA Sustainable Infrastructure6.60%20,589$766K122
6CWENClearway Energy Inc5.68%20,588$659K149
7ELEEndesa SA5.60%13,299$651K34
8SSESse PLC4.42%14,586$513K9
9No dataFortum Oyj4.04%18,293$470K3
10No dataOrsted AS3.97%23,397$461K1
11VERVerbund AG3.88%5,813$451K9
12No dataDrax Group PLC3.55%38,142$413K1
13No dataNorthland Power Inc3.26%24,412$378K2
14PCGPG&E Corp3.05%26,875$354K263
15No dataEdp Renewables SA2.99%24,846$347K1

Showing 1–15 of 24 holdings

PWRZ Performance

Launched Dec 8, 2022

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.Not enough history yet.Not enough history yet.
PWRZ$9,817
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,093
Jul 31, 2026 to Nov 2, 2026. PWRZ $9,817. SPY $10,093. Use the arrow keys to read each point.$9,500$10,000$10,500Jul 2026Sep 2026Nov 2026

Jul 31, 2026 – Nov 2, 2026

Returns run to the Nov 2, 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 PWRZ. Periods over one year show the average yearly return.
PeriodPWRZ
Year to dateHistory unavailableNo data
1 month+3.4%
3 months−1.8%
1 yearHistory unavailableNo data
3 yearsHistory unavailableper 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 PWRZ
YearReturn barPWRZ
2026 YTD−4.0%

History from Jun 11, 2026

PWRZ in the news

PWRZ 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 Nov 2, 2026.
1.69%Last 12 months
Payout per share
$0.51Last 12 months
Last payment
$0.15 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2022–2026

One bar per payment. 16 payments from 2022 to 2026 YTD. Dec 29, 2022 $0.002; Mar 29, 2023 $0.14; Jun 28, 2023 $0.12; Sep 27, 2023 $0.27; Dec 27, 2023 $0.36; Mar 27, 2024 $0.10; Jun 27, 2024 $0.11; Sep 27, 2024 $0.23; Dec 27, 2024 $0.06; Mar 27, 2025 $0.08; Jun 26, 2025 $0.23; Sep 25, 2025 $0.21; Dec 24, 2025 $0.08; Mar 30, 2026 $0.11; Jun 29, 2026 $0.18; Sep 29, 2026 $0.15. Use the arrow keys to read each point.20222023202420252026YTD
Ex-datePay dateAmount per share
Sep 29, 2026Sep 30, 2026$0.15
Jun 29, 2026Jun 30, 2026$0.18
Mar 30, 2026Mar 31, 2026$0.11
Dec 24, 2025Dec 26, 2025$0.08
Sep 25, 2025Sep 26, 2025$0.21
Jun 26, 2025Jun 27, 2025$0.23
Mar 27, 2025Mar 28, 2025$0.08
Dec 27, 2024Dec 30, 2024$0.06
Sep 27, 2024Sep 30, 2024$0.23
Jun 27, 2024Jun 28, 2024$0.11
Mar 27, 2024Apr 1, 2024$0.10
Dec 27, 2023Dec 29, 2023$0.36

See all 16 payments⁠

PWRZ Risk

Risk pillarC48 out of 100Rank 21 of 34 in Infrastructure
How much the fund’s monthly returns vary, scaled to a year.
No data available
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.
No data available
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.
No data available
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.
0.70
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.

PWRZ Cost

Compare PWRZ and IFRA

Overpaying vs IFRA, cheapest in Infrastructure

$8,333

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

  • PWRZ 0.75%

    $14,482

  • IFRA 0.30% Cheapest

    $6,149

$10,000
30 years

Cost over time

  • PWRZ 0.75%
  • IFRA 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530PWRZ $14,482IFRA $6,149

Year by year

YearPWRZIFRAOverpaying
10$1,336$545$791
20$5,078$2,113$2,965
30$14,482$6,149$8,333

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