ELFY vs POW

ELFYBALPS Electrification Infrastructure ETF

POWDVistaShares Electrification Supercycle ETF

In short

ELFY Cap-weighted theme funds let one winner run the show. ELFY equal-weights roughly 80 US generation, transmission, distribution and smart-grid names, so the grid-gear companies stay the story. Live since 2025 at 0.50%.

POW Most grid funds buy the utilities. POW works the bill of materials instead: transformers, HVDC gear, switchgear, cooling, the parts list behind the AI power buildout, in an active book of roughly 60 names.

Stated mandate

ELFY ELFY seeks pre-fee, pre-expense results that generally track the Ladenburg Thalmann Electrification Infrastructure Index. Its investment objective is non-fundamental and may be changed by the Board without shareholder approval.

POW The fund seeks long-term capital appreciation by actively investing in companies involved in electrification infrastructure, including modern energy grids, integrated storage, and distributed power systems.

Why people hold it

• ELFY Equal weighting is the design, not a footnote: every holding gets the same slot, so no single winner can balloon and crowd out the transformer and grid-gear names.hubspotusercontent-na1.net
• Costs 0.50% a year, below the median for its electrification peers and well under VOLT (0.75%) and FPWR (0.96%).
• Roughly 80 mid- and large-cap US names spanning generation, transmission, distribution and smart grid, one of the broader, better-spread builds in a small peer group.hubspotusercontent-na1.net
• Passive and rules-based: it follows the Ladenburg Thalmann Electrification Infrastructure Index, so the sector mix comes from published rules, not a manager's hunch.

• POW Buys the parts list, not the power company: transformers, HVDC systems, substation switchgear and cooling, suppliers broad indexes often skip for big energy operators.vistashares.com
• Actively managed against the BITA VistaShares Electrification Supercycle Index, with a global mandate and at least 80% of assets in electrification companies.vistashares.com
• At 0.75% it lines up with active peer VOLT and comes in under FPWR at 0.96%.

Worth knowing

• ELFY Launched in April 2025, so how it behaves through a full market cycle isn't on the tape yet.
• Trading is moderate rather than heavy and the asset base is mid-size, so spreads can widen when markets move fast.
• One theme, utility and industrial heavy, and equal weight gives smaller names as much pull as giants, so swings can run wider than a broad-market fund's.hubspotusercontent-na1.net

• POW Index-based rivals cost less: ELFY and ZAP at 0.50%, GRID at 0.56%. You pay up here for the active, supply-chain-first build.
• One theme, roughly 60 names, no utility ballast. It trades on the electrification story and can swing hard in both directions.
• Launched in 2025, so the live record is short, and it sits toward the back of its electrification peer group in our review.

Full ELFY profile⁠

Full POW profile⁠