FPWR vs. PSCU

Last updated Aug 6, 2026

FPWR (First Trust EIP Power Solutions ETF) and PSCU (Invesco S&P SmallCap Utilities & Communication Services ETF) are both Utilities Equities funds. FPWR is actively managed, while PSCU is passively managed. Over the past 5 years, FPWR returned 11.12%/yr vs 0.41%/yr for PSCU. Their 0.57 correlation means they have sometimes moved together and sometimes differently. FPWR charges 0.96%/yr vs 0.29%/yr for PSCU.

Performance

FPWR vs. PSCU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust EIP Power Solutions ETF (FPWR) and Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with FPWR having a 12.06% return and PSCU slightly higher at 12.46%.

FPWR

• 1D: -1.23%
• 1M: -1.58%
• 6M: 5.72%
• YTD: 12.06%
• 1Y: 13.41%
• 3Y*: 17.33%
• 5Y*: 11.12%
• 10Y*: —
• ALL TIME*: 11.33%

PSCU

• 1D: -2.34%
• 1M: -0.16%
• 6M: 12.97%
• YTD: 12.46%
• 1Y: 19.35%
• 3Y*: 7.05%
• 5Y*: 0.41%
• 10Y*: 5.49%
• ALL TIME*: 8.59%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FPWR First Trust EIP Power Solutions ETF	$230.51K	$365.72K	$240.91K
PSCU Invesco S&P SmallCap Utilities & Communication Services ETF	$60.79K	$82.66K	$73.22K

FPWR vs. PSCU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FPWR First Trust EIP Power Solutions ETF	12.06%	16.78%	22.60%	-3.36%	5.28%	12.26%	8.98%	5.66%
PSCU Invesco S&P SmallCap Utilities & Communication Services ETF	12.46%	-1.93%	10.68%	2.12%	-19.73%	30.12%	3.80%	2.43%

Correlation

The correlation between FPWR and PSCU is 0.32, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.32
Correlation (3Y) Balances recent behavior with more history.	0.50
Correlation (5Y) Shows whether the relationship held over a longer period.	0.58
Correlation (All Time) Calculated using the full available price history since Aug 20, 2019	0.57

Over the past year, the correlation between FPWR and PSCU has dropped to 0.32 - well below their long-term average of 0.57, suggesting their price drivers have been diverging.

FPWR vs. PSCU - Sectors Allocation Comparison

Sectors	FPWR	PSCU
Utilities	50.8%	32.3%
Energy	28.8%	-
Industrials	6.8%	3.7%
Financial Services	1.7%	0.0%
Technology	1.7%	0.8%
Basic Materials	-	-
Communication Services	-	57.1%
Consumer Cyclical	-	4.1%
Consumer Defensive	-	-
Healthcare	-	-
Real Estate	-	2.0%

Return for Risk

FPWR vs. PSCU — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FPWR

FPWR Risk / Return Rank: 49
FPWR Sharpe Ratio Rank: 43
FPWR Sortino Ratio Rank: 44
FPWR Omega Ratio Rank: 40
FPWR Calmar Ratio Rank: 67
FPWR Martin Ratio Rank: 50

PSCU

PSCU Risk / Return Rank: 46
PSCU Sharpe Ratio Rank: 43
PSCU Sortino Ratio Rank: 44
PSCU Omega Ratio Rank: 39
PSCU Calmar Ratio Rank: 57
PSCU Martin Ratio Rank: 46

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FPWR vs. PSCU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust EIP Power Solutions ETF (FPWR) and Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FPWR	PSCU	Difference
Sharpe ratio: Return per unit of total volatility	1.24	1.24	0.00
Sortino ratio: Return per unit of downside risk	1.84	1.85	-0.02
Omega ratio: Gain probability vs. loss probability	1.22	1.21	+0.01
Calmar ratio: Return relative to maximum drawdown	2.68	2.34	+0.35
Martin ratio: Return relative to average drawdown	6.59	5.88	+0.71

FPWR vs. PSCU - Sharpe Ratio Comparison

The current FPWR Sharpe Ratio is 1.24, which is comparable to the PSCU Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of FPWR and PSCU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FPWR vs. PSCU - Drawdown Comparison

The maximum FPWR drawdown since its inception was -32.28%, which is greater than PSCU's maximum drawdown of -29.97%. Use the drawdown chart below to compare losses from any high point for FPWR and PSCU.

Drawdown Indicators

	FPWR	PSCU	Difference
Max Drawdown Largest peak-to-trough decline	-32.28%	-29.97%	-2.31%
Max Drawdown (1Y) Largest decline over 1 year	-5.02%	-8.32%	+3.30%
Max Drawdown (3Y) Largest decline over 3 years	-11.05%	-23.55%	+12.50%
Max Drawdown (5Y) Largest decline over 5 years	-19.88%	-29.97%	+10.09%
Max Drawdown (10Y) Largest decline over 10 years	—	-29.97%	—
Current Drawdown Current decline from peak	-3.73%	-3.31%	-0.42%
Average Drawdown Average peak-to-trough decline	-4.92%	-7.62%	+2.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.04%	3.30%	-1.26%

Volatility

FPWR vs. PSCU - Volatility Comparison

The current volatility for First Trust EIP Power Solutions ETF (FPWR) is 3.29%, while Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU) has a volatility of 4.18%. This indicates that FPWR experiences smaller price fluctuations and is considered to be less risky than PSCU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FPWR	PSCU	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.29%	4.18%	-0.89%
Volatility (6M) Calculated over the trailing 6-month period	8.56%	11.55%	-2.99%
Volatility (1Y) Calculated over the trailing 1-year period	10.88%	15.74%	-4.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.25%	18.42%	-4.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.29%	19.52%	-2.23%

FPWR vs. PSCU - Expense Ratio Comparison

FPWR has a 0.96% expense ratio, which is higher than PSCU's 0.29% expense ratio.

Dividends

FPWR vs. PSCU - Dividend Comparison

FPWR's dividend yield for the trailing twelve months is around 1.95%, more than PSCU's 0.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FPWR First Trust EIP Power Solutions ETF	1.95%	1.97%	2.52%	2.54%	1.72%	1.66%	1.68%	0.71%	0.00%	0.00%	0.00%	0.00%
PSCU Invesco S&P SmallCap Utilities & Communication Services ETF	0.99%	1.10%	0.98%	1.60%	1.71%	2.69%	1.20%	2.47%	2.35%	1.84%	6.93%	2.94%

Frequently Asked Questions

Can I hold both FPWR and PSCU in my portfolio?

FPWR and PSCU have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FPWR or PSCU?

PSCU has higher volatility (4.18%) compared to FPWR (3.29%). In terms of maximum drawdown, FPWR dropped -32.28% vs PSCU's -29.97%.

Which ETF is better, FPWR or PSCU?

On 5-year performance, FPWR leads with 11.12% vs 0.41% for PSCU. On fees, PSCU is cheaper at 0.29% per year. On volatility, FPWR has been the lower-risk option at 3.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FPWR or PSCU?

Over the 5-year period, FPWR has performed better with a 11.12% return vs 0.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FPWR or PSCU?

PSCU is cheaper with a 0.29% expense ratio, compared with 0.96% for FPWR.

Which ETF pays a higher dividend yield, FPWR or PSCU?

FPWR has the higher dividend yield at 1.95%, compared with 0.99% for PSCU.

What is the main difference between FPWR and PSCU?

They also come from different issuers: First Trust and Invesco. Their fees differ too: 0.96% for FPWR and 0.29% for PSCU.

Which has better risk-adjusted returns?

FPWR currently has the higher Sharpe Ratio (1.24 vs 1.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.