NDIV vs. PWRZ

Last updated Jul 14, 2026

NDIV (Amplify Natural Resources Dividend Income ETF) and PWRZ (TrueShares Eagle Global Next Gen Power Infrastructure ETF) are both Energy Equities funds. NDIV is passively managed, while PWRZ is actively managed. With a 1.00 correlation, they move nearly in lockstep. NDIV charges 0.59%/yr vs 0.75%/yr for PWRZ.

Performance

NDIV vs. PWRZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Natural Resources Dividend Income ETF (NDIV) and TrueShares Eagle Global Next Gen Power Infrastructure ETF (PWRZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NDIV

• 1D: 1.63%
• 1M: -3.28%
• 6M: 23.51%
• YTD: 28.18%
• 1Y: 19.10%
• 3Y*: 15.81%
• 5Y*: —
• 10Y*: —

PWRZ

• 1D: -0.17%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NDIV vs. PWRZ - Yearly Performance Comparison

	2026 (YTD)
NDIV Amplify Natural Resources Dividend Income ETF	1.35%
PWRZ TrueShares Eagle Global Next Gen Power Infrastructure ETF	-0.40%

Correlation

The correlation between NDIV and PWRZ is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 10, 2026	1.00

Return for Risk

NDIV vs. PWRZ — Risk / Return Rank

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

NDIV

NDIV Risk / Return Rank: 34
NDIV Sharpe Ratio Rank: 33
NDIV Sortino Ratio Rank: 31
NDIV Omega Ratio Rank: 30
NDIV Calmar Ratio Rank: 41
NDIV Martin Ratio Rank: 34

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.

NDIV vs. PWRZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Natural Resources Dividend Income ETF (NDIV) 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.

	NDIV	PWRZ	Difference
Sharpe ratio: Return per unit of total volatility	0.97	—	—
Sortino ratio: Return per unit of downside risk	1.39	—	—
Omega ratio: Gain probability vs. loss probability	1.17	—	—
Calmar ratio: Return relative to maximum drawdown	1.66	—	—
Martin ratio: Return relative to average drawdown	4.09	—	—

Drawdowns

NDIV vs. PWRZ - Drawdown Comparison

The maximum NDIV drawdown since its inception was -19.73%, which is greater than PWRZ's maximum drawdown of -0.40%. Use the drawdown chart below to compare losses from any high point for NDIV and PWRZ.

Drawdown Indicators

	NDIV	PWRZ	Difference
Max Drawdown Largest peak-to-trough decline	-19.73%	-0.40%	-19.33%
Max Drawdown (1Y) Largest decline over 1 year	-11.56%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.73%	—	—
Current Drawdown Current decline from peak	-7.31%	-0.40%	-6.91%
Average Drawdown Average peak-to-trough decline	-4.29%	-0.31%	-3.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.14%	—	—

Volatility

Volatility by Period

	NDIV	PWRZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.66%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.75%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.89%	0.62%	+19.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.93%	0.62%	+20.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.93%	0.62%	+20.31%

NDIV vs. PWRZ - Expense Ratio Comparison

NDIV has a 0.59% expense ratio, which is lower than PWRZ's 0.75% expense ratio.

Dividends

NDIV vs. PWRZ - Dividend Comparison

NDIV's dividend yield for the trailing twelve months is around 7.30%, while PWRZ has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
NDIV Amplify Natural Resources Dividend Income ETF	7.30%	5.64%	5.88%	7.37%	1.69%
PWRZ TrueShares Eagle Global Next Gen Power Infrastructure ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NDIV and PWRZ in my portfolio?

With a correlation of 1.00, NDIV and PWRZ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, NDIV or PWRZ?

On fees, NDIV is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NDIV or PWRZ?

NDIV is cheaper with a 0.59% expense ratio, compared with 0.75% for PWRZ.

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

NDIV has the higher dividend yield at 7.30%, compared with 0.00% for PWRZ.

What is the main difference between NDIV and PWRZ?

They also come from different issuers: Amplify and TrueShares. Their fees differ too: 0.59% for NDIV and 0.75% for PWRZ.