GII vs PWRZ

GIIAState Street SPDR S&P Global Infrastructure ETF

PWRZDTrueShares Eagle Global Next Gen Power Infrastructure ETF

In short

GII Toll roads, airports, pipelines and power grids in one ticker. GII has tracked the S&P Global Infrastructure Index since 2007, an early entrant in the category, and charges less than the typical infrastructure fund.

PWRZ Launched 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

GII The fund seeks to track the total return of the S&P Global Infrastructure Index. That index provides exposure to large publicly listed infrastructure companies across transportation, utilities, and energy infrastructure.

PWRZ 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

• GII Tracks an index of 75 of the largest listed infrastructure companies, screened for float and liquidity, spread across transportation, utilities and energy infrastructure in developed and emerging markets.ssga.com
• 0.40% a year against a 0.55% median for infrastructure ETFs. The cheap end of a category that often is not cheap.
• Live since 2007, so the record covers the financial crisis, a decade of low rates and the 2022 rate shock. It rates among the strongest implementations in its infrastructure peer group.

• PWRZ 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

• GII IGF follows the same index for 0.37%, three basis points less. GII's own trading is moderate rather than heavy, so spreads count alongside the fee gap.
• Roughly 70 stocks across three sectors and several currencies. A focused, globally scattered book that can behave quite differently from a broad world equity fund.ssga.com
• Distributions arrive on an annual or semiannual schedule, so cash lands in lumps rather than monthly.

• PWRZ 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

Full GII profile⁠

Full PWRZ profile⁠