FPWR vs GASZ: Grades, Fees and Holdings Compared

First Trust EIP Power Solutions ETF

FPWRCNYSE Arca

Corgi Natural Gas Power & Turbines ETF

GASZCCboe

Overlap

7.9%by weight

Expense ratio

GASZ −0.61pt a year

FPWR0.96%GASZ0.35%

Avg volume · 30D

FPWR 3.7×the volume

FPWR7.37KGASZ1.97K

FPWR vs GASZ Performance

Jul 31, 2026 – Oct 30, 2026

+2.0%FPWR−11.0%GASZ

Expense ratio: FPWR 0.96%; GASZ 0.35%, better
Fund size: FPWR $36M; GASZ $9M
1Y total return: FPWR +15.0%; GASZ No data
Yield (12M): FPWR 2.07%; GASZ No data
Holdings: FPWR 62; GASZ 23
Avg volume (30D): FPWR 7.37K sh, better; GASZ 1.97K sh
NAV per share: FPWR $37.63; GASZ $20.61
52W range

ETF.net Grade

Pillar letters and Scores for FPWR, GASZ, with each pillar’s weight
Pillar	FPWR	GASZ
Cost30% weight	F5	A85Higher
Mission25% weight	Not scored	Not scored
Risk15% weight	A86Higher	D39
Tradability15% weight	B59Higher	F24
Holdings10% weight	A70Higher	C40
Durability5% weight	A70Higher	F20

Rank among Grid & Electrification funds

How we build Categories ›

Same Category. FPWR and GASZ are both graded against the same 10 Grid & Electrification funds, so their Grades compare head to head.

Grid & Electrification⁠

Category · 10 funds

See all 10 ›

GASZ ranks 4th and FPWR 8th of 10 funds in the Grid & Electrification Category.

Rank 1BZAPGlobal X U.S. Electrification ETFScore 67
Rank 2BELFYALPS Electrification Infrastructure ETFScore 66
Rank 3BGRIDFirst Trust NASDAQ Clean Edge Smart Grid Infrastructure Index FundScore 57
Rank 4CGASZCorgi Natural Gas Power & Turbines ETFScore 53
Rank 5CJOULCorgi High Voltage Grid Equipment ETFScore 51
Rank 6CVOLTTema Electrification ETFScore 46
Rank 8CFPWRFirst Trust EIP Power Solutions ETFScore 44
Rank 9CWATSCorgi Battery Energy Storage Systems ETFScore 40

Our read on each fund

ETF.net Research

FPWRCFirst Trust EIP Power Solutions ETF

GASZCCorgi Natural Gas Power & Turbines ETF

In short

FPWR The stock-picker in a category of index trackers. First Trust hands the keys to energy-income specialist EIP, which assembles a power portfolio (grid, gas, nuclear, storage) balanced between dividends and capital appreciation.

GASZ No data

Stated mandate

FPWR The Fund seeks competitive risk-adjusted total returns balanced between dividends and capital appreciation.

GASZ No data

Why people hold it

FPWR Actively run, not indexed: sub-advisor Energy Income Partners picks the names, aiming for risk-adjusted total return split between dividends and capital appreciation.eipinvestments.com
The mandate spans the whole electricity chain: generation, transmission and distribution, grid solutions, storage, nuclear life-extension and small modular reactors, gas and uranium.sec.gov
Picks-and-shovels included: engineering, consulting and construction firms qualify when at least 50% of revenue or profit comes from energy and utility work.sec.gov
Income is built into the design rather than incidental, and the fund distributes on a quarterly schedule.

GASZ No data

Worth knowing

FPWR Active talent costs: 0.96% a year, while index-based rivals ELFY and ZAP charge 0.50% and GRID 0.56%.
A small fund that trades lightly, so the bid-ask spread can matter as much as the expense ratio when you enter or exit.
It traded as the First Trust EIP Carbon Impact ETF (ECLN) until September 2025, when the strategy and name changed, so earlier results reflect a different mandate.businesswire.com

GASZ No data

Full FPWR profile⁠

Full GASZ profile⁠

FPWR vs GASZ Holdings

How FPWR and GASZ differ

Overlap by weight

7.9%

Shared holdings make up 30.8% of GASZ and 7.9% of FPWR.

Level by level

Holdings6 in both7.9%
Sector5 Sectors35.6%
Countryby domicile95.8%
Asset classEquity100%

Sector

Sector weights in FPWR and GASZ, widest gap first
Sector	More in FPWRMore in GASZ	FPWR	GASZ
Utilities	FPWR +63.0 points	63.0%	0.0%
Industrials	GASZ +58.5 points	3.0%	61.5%
Energy	GASZ +5.9 points	32.6%	38.5%
Technology	FPWR +0.8 points	0.8%	0.0%
Financials	FPWR +0.6 points	0.6%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in FPWR and GASZ, widest gap first
Country	More in FPWRMore in GASZ	FPWR	GASZ
United States	GASZ +4.2 points	95.8%	100.0%
Canada	FPWR +1.9 points	1.9%	0.0%
Spain	FPWR +1.3 points	1.3%	0.0%
Italy	FPWR +1.0 points	1.0%	0.0%

Concentration

Weight in the 10 largest Holdings

FPWR36.7%
GASZ63.5%

Securities held

FPWR59
GASZ22

Asset class

FPWR: Equity
GASZ: Equity

Holdings

Only in FPWR53
In both6
Only in GASZ16

Only in FPWR

53 securities, 87.2% of FPWR by weight

Energy Transfer LP4.98%
Enterprise Products Partners L.P.4.90%
Duke Energy Corporation3.59%
National Fuel Gas Company3.26%
WEC Energy Group, Inc.3.17%
PPL Corporation2.98%
Xcel Energy Inc.2.88%
IDACORP, Inc.2.87%
CMS Energy Corporation2.83%
Mplx Lp2.79%
Cheniere Energy Partners, L.P.2.69%
Entergy Corporation2.56%
DTE Energy Company2.55%
Evergy, Inc.2.55%
American Electric Power Company, Inc.2.30%
The Southern Company2.29%
Public Service Enterprise Group Incorporated2.28%
ONE Gas, Inc.2.21%
Alliant Energy Corporation2.06%
FirstEnergy Corp.1.97%
Clearway Energy, Inc. (Class C)1.95%
Dominion Energy, Inc.1.92%
Ameren Corporation1.81%
NextEra Energy, Inc.1.78%
Atmos Energy Corporation1.78%
Sempra1.75%
New Jersey Resources Corporation1.55%
OGE Energy Corp.1.50%
CenterPoint Energy, Inc.1.32%
Targa Resources Corp.1.10%
Iberdrola, S.A. (ADR)1.10%
The Williams Companies, Inc.1.00%
Enel SpA (ADR)0.98%
Jacobs Solutions Inc.0.91%
ATCO Ltd.0.75%
EQT Corporation0.71%
Devon Energy Corporation0.71%
First Solar, Inc.0.70%
DT Midstream, Inc.0.64%
EOG Resources, Inc.0.60%
HA Sustainable Infrastructure Capital, Inc.0.57%
AltaGas Ltd.0.57%
Southwest Gas Holdings, Inc.0.52%
NiSource Inc.0.51%
Chesapeake Utilities Corporation0.48%
Quanta Services, Inc.0.47%
Brookfield Renewable Partners LP0.45%
MasTec, Inc.0.27%
Gulfport Energy Corporation0.25%
UGI Corporation0.24%

Only in GASZ

16 securities, 69.0% of GASZ by weight

Caterpillar Inc11.48%
GE Vernova Inc9.99%
Woodward Inc5.03%
First American Government Obligations Fund 12/01/20314.91%
Eaton Corp PLC4.73%
Flowserve Corp4.72%
Baker Hughes Co4.48%
Fluor Corp4.27%
Donaldson Co Inc3.64%
TechnipFMC PLC3.07%
Kodiak Gas Services Inc2.99%
Natural Gas Services Group Inc2.56%
Argan Inc2.51%
Curtiss-Wright Corp2.23%
Clean Energy Fuels Corp2.11%
New Fortress Energy Inc0.31%

Weight gaps

All 6 Holdings in both funds, largest gap first.

Holding weights in FPWR and GASZ, widest gap first
Holding	More in FPWRMore in GASZ	FPWR	GASZ
ONEOK, Inc.OKE	GASZ +4.44 points	1.10%	5.54%
Cheniere Energy, Inc.LNG	GASZ +4.31 points	1.89%	6.20%
Cummins Inc.CMI	GASZ +3.84 points	0.50%	4.34%
Archrock, Inc.AROC	GASZ +3.59 points	0.21%	3.80%
Generac Holdings Inc.GNRC	GASZ +3.59 points	1.02%	4.61%
Kinder Morgan, Inc.KMI	GASZ +3.16 points	3.16%	6.32%

All 59 FPWR holdings⁠All 30 GASZ holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FPWR vs GASZ Cost

Overpaying FPWR vs GASZ

$10,908

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

FPWR 0.96%
$18,034
GASZ 0.35%
$7,126

Amount$10,000

Years30 years

Cost over time

FPWR 0.96%
GASZ 0.35%
Overpaying

Year by year

Year	FPWR	GASZ	Overpaying
10	$1,695	$634	$1,061
20	$6,383	$2,454	$3,929
30	$18,034	$7,126	$10,908

Expense ratio

0.96%FPWR
0.35%GASZ, cheaper

GASZ0.35%FPWR0.96%

0.35%0.96%

Middle half of Grid & Electrification funds
Median 0.53%

GASZ cheapest of 10 funds

FPWR 10th cheapest of 10 funds

FPWR vs GASZ Dividends

Last 12 months to Oct 30, 2026

Yield (12M): FPWR 2.07%; GASZ No data
Payout (12M): FPWR $0.78; GASZ None
Last payment: FPWR $0.22; GASZ No data
Ex-dividend: FPWR Sep 24, 2026; GASZ No data
Paid on: FPWR Sep 30, 2026; GASZ No data
Frequency: FPWR Quarterly; GASZ No data

Distribution history

Per share, 2019 to 2026, same scale for both

FPWRQuarterly · 28 paymentsAll FPWR payments⁠

GASZAll GASZ payments⁠

No distribution history available.

FPWR vs GASZ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: FPWR 13.4%GASZ No data
Return per unit of riskSharpe ratio, 3 years: FPWR 1.19GASZ No data
Worst fallMax drawdown, 5 years: FPWR −19.8%GASZ No data
Market sensitivityBeta, 5 years: FPWR 0.56GASZ −2.04; Market = 1

Popular comparisons

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