GTPE vs. POW

Last updated Jul 12, 2026

GTPE (Goldman Sachs MSCI World Private Equity Return Tracker ETF) and POW (VistaShares Electrification Supercycle ETF) are both exchange-traded funds - GTPE is a Global Equities fund tracking the MSCI World Private Equity Return Tracker Index, while POW is a Actively Managed fund actively managed by VistaShares. GTPE is passively managed, while POW is actively managed. A 0.71 correlation means they provide meaningful diversification when combined. GTPE charges 0.50%/yr vs 0.75%/yr for POW.

Performance

GTPE vs. POW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs MSCI World Private Equity Return Tracker ETF (GTPE) and VistaShares Electrification Supercycle ETF (POW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GTPE achieves a 18.27% return, which is significantly lower than POW's 44.11% return.

GTPE

• 1D: 0.03%
• 1M: 1.77%
• 6M: 15.75%
• YTD: 18.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

POW

• 1D: 1.25%
• 1M: -5.27%
• 6M: 39.04%
• YTD: 44.11%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GTPE vs. POW - Yearly Performance Comparison

	2026 (YTD)	2025
GTPE Goldman Sachs MSCI World Private Equity Return Tracker ETF	18.27%	1.44%
POW VistaShares Electrification Supercycle ETF	44.11%	-1.70%

Correlation

The correlation between GTPE and POW is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 28, 2025	0.71

Return for Risk

GTPE vs. POW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs MSCI World Private Equity Return Tracker ETF (GTPE) and VistaShares Electrification Supercycle ETF (POW). 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.

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

Drawdowns

GTPE vs. POW - Drawdown Comparison

The maximum GTPE drawdown since its inception was -8.91%, smaller than the maximum POW drawdown of -17.41%. Use the drawdown chart below to compare losses from any high point for GTPE and POW.

Drawdown Indicators

	GTPE	POW	Difference
Max Drawdown Largest peak-to-trough decline	-8.91%	-17.41%	+8.50%
Current Drawdown Current decline from peak	-1.39%	-15.32%	+13.93%
Average Drawdown Average peak-to-trough decline	-1.72%	-4.25%	+2.53%

Volatility

Volatility by Period

	GTPE	POW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	18.04%	32.71%	-14.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.04%	32.71%	-14.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.04%	32.71%	-14.67%

GTPE vs. POW - Expense Ratio Comparison

GTPE has a 0.50% expense ratio, which is lower than POW's 0.75% expense ratio.

Dividends

GTPE vs. POW - Dividend Comparison

GTPE has not paid dividends to shareholders, while POW's dividend yield for the trailing twelve months is around 0.13%.

Position	TTM	2025
GTPE Goldman Sachs MSCI World Private Equity Return Tracker ETF	0.00%	0.00%
POW VistaShares Electrification Supercycle ETF	0.13%	0.19%

Frequently Asked Questions

Can I hold both GTPE and POW in my portfolio?

GTPE and POW have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GTPE or POW?

On fees, GTPE is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GTPE or POW?

GTPE is cheaper with a 0.50% expense ratio, compared with 0.75% for POW.

Which ETF pays a higher dividend yield, GTPE or POW?

POW has the higher dividend yield at 0.13%, compared with 0.00% for GTPE.

What is the main difference between GTPE and POW?

GTPE is categorized as Global Equities, while POW is Actively Managed. They also come from different issuers: Goldman Sachs and VistaShares. Their fees differ too: 0.50% for GTPE and 0.75% for POW.