FTXN vs. PWRZ

Last updated Jul 17, 2026

FTXN (First Trust Nasdaq Oil & Gas ETF) and PWRZ (TrueShares Eagle Global Next Gen Power Infrastructure ETF) are both Energy Equities funds. FTXN is passively managed, while PWRZ is actively managed. At a 0.20 correlation, their price movements are largely independent. FTXN charges 0.60%/yr vs 0.75%/yr for PWRZ.

Performance

FTXN vs. PWRZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Nasdaq Oil & Gas ETF (FTXN) and TrueShares Eagle Global Next Gen Power Infrastructure ETF (PWRZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FTXN

• 1D: 0.68%
• 1M: 4.41%
• 6M: 23.48%
• YTD: 29.38%
• 1Y: 34.19%
• 3Y*: 13.28%
• 5Y*: 19.97%
• 10Y*: —

PWRZ

• 1D: -0.93%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FTXN vs. PWRZ - Yearly Performance Comparison

	2026 (YTD)
FTXN First Trust Nasdaq Oil & Gas ETF	3.23%
PWRZ TrueShares Eagle Global Next Gen Power Infrastructure ETF	-0.37%

Correlation

The correlation between FTXN and PWRZ is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 10, 2026	0.20

Return for Risk

FTXN vs. PWRZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FTXN

FTXN Risk / Return Rank: 49
FTXN Sharpe Ratio Rank: 54
FTXN Sortino Ratio Rank: 49
FTXN Omega Ratio Rank: 46
FTXN Calmar Ratio Rank: 52
FTXN Martin Ratio Rank: 42

PWRZ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FTXN vs. PWRZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Oil & Gas ETF (FTXN) and TrueShares Eagle Global Next Gen Power Infrastructure ETF (PWRZ). 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.

	FTXN	PWRZ	Difference
Sharpe ratio: Return per unit of total volatility	1.48	—	—
Sortino ratio: Return per unit of downside risk	2.00	—	—
Omega ratio: Gain probability vs. loss probability	1.24	—	—
Calmar ratio: Return relative to maximum drawdown	2.09	—	—
Martin ratio: Return relative to average drawdown	5.36	—	—

Drawdowns

FTXN vs. PWRZ - Drawdown Comparison

The maximum FTXN drawdown since its inception was -73.49%, which is greater than PWRZ's maximum drawdown of -1.21%. Use the drawdown chart below to compare losses from any high point for FTXN and PWRZ.

Drawdown Indicators

	FTXN	PWRZ	Difference
Max Drawdown Largest peak-to-trough decline	-73.49%	-1.21%	-72.28%
Max Drawdown (1Y) Largest decline over 1 year	-16.42%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-26.96%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.97%	—	—
Current Drawdown Current decline from peak	-9.69%	-1.21%	-8.48%
Average Drawdown Average peak-to-trough decline	-19.15%	-0.42%	-18.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.40%	—	—

Volatility

Volatility by Period

	FTXN	PWRZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.63%	—	—
Volatility (6M) Calculated over the trailing 6-month period	18.33%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.23%	12.75%	+10.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.54%	12.75%	+16.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.73%	12.75%	+18.98%

FTXN vs. PWRZ - Expense Ratio Comparison

FTXN has a 0.60% expense ratio, which is lower than PWRZ's 0.75% expense ratio.

Dividends

FTXN vs. PWRZ - Dividend Comparison

FTXN's dividend yield for the trailing twelve months is around 1.81%, while PWRZ has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FTXN First Trust Nasdaq Oil & Gas ETF	1.81%	2.83%	2.51%	3.41%	2.26%	1.04%	1.76%	2.72%	2.16%	1.78%	0.20%
PWRZ TrueShares Eagle Global Next Gen Power Infrastructure ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FTXN and PWRZ in my portfolio?

FTXN and PWRZ have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FTXN or PWRZ?

On fees, FTXN is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FTXN or PWRZ?

FTXN is cheaper with a 0.60% expense ratio, compared with 0.75% for PWRZ.

Which ETF pays a higher dividend yield, FTXN or PWRZ?

FTXN has the higher dividend yield at 1.81%, compared with 0.00% for PWRZ.

What is the main difference between FTXN and PWRZ?

They also come from different issuers: First Trust and TrueShares. Their fees differ too: 0.60% for FTXN and 0.75% for PWRZ.