PBOG vs. PWRZ

Last updated Jul 17, 2026

PBOG (Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF) and PWRZ (TrueShares Eagle Global Next Gen Power Infrastructure ETF) are both Energy Equities funds. PBOG is passively managed, while PWRZ is actively managed. A 0.60 correlation means they provide meaningful diversification when combined. PBOG charges 0.13%/yr vs 0.75%/yr for PWRZ.

Performance

PBOG vs. PWRZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF (PBOG) and TrueShares Eagle Global Next Gen Power Infrastructure ETF (PWRZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PBOG

• 1D: 0.16%
• 1M: 1.84%
• 6M: 20.36%
• YTD: 24.78%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PWRZ

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

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

PBOG vs. PWRZ - Yearly Performance Comparison

	2026 (YTD)
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF	3.99%
PWRZ TrueShares Eagle Global Next Gen Power Infrastructure ETF	-0.37%

Correlation

The correlation between PBOG and PWRZ is 0.60, 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 Jul 10, 2026	0.60

Return for Risk

PBOG vs. PWRZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF (PBOG) 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.

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

Drawdowns

PBOG vs. PWRZ - Drawdown Comparison

The maximum PBOG drawdown since its inception was -19.24%, which is greater than PWRZ's maximum drawdown of -1.21%. Use the drawdown chart below to compare losses from any high point for PBOG and PWRZ.

Drawdown Indicators

	PBOG	PWRZ	Difference
Max Drawdown Largest peak-to-trough decline	-19.24%	-1.21%	-18.03%
Current Drawdown Current decline from peak	-12.05%	-1.21%	-10.84%
Average Drawdown Average peak-to-trough decline	-5.05%	-0.42%	-4.63%

Volatility

Volatility by Period

	PBOG	PWRZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	24.00%	12.75%	+11.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.00%	12.75%	+11.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.00%	12.75%	+11.25%

PBOG vs. PWRZ - Expense Ratio Comparison

PBOG has a 0.13% expense ratio, which is lower than PWRZ's 0.75% expense ratio.

Dividends

PBOG vs. PWRZ - Dividend Comparison

PBOG's dividend yield for the trailing twelve months is around 0.14%, while PWRZ has not paid dividends to shareholders.

Position	TTM	2025
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF	0.14%	0.17%
PWRZ TrueShares Eagle Global Next Gen Power Infrastructure ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both PBOG and PWRZ in my portfolio?

PBOG and PWRZ have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PBOG or PWRZ?

On fees, PBOG is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PBOG or PWRZ?

PBOG is cheaper with a 0.13% expense ratio, compared with 0.75% for PWRZ.

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

PBOG has the higher dividend yield at 0.14%, compared with 0.00% for PWRZ.

What is the main difference between PBOG and PWRZ?

They also come from different issuers: Portfolio Building Blocks and TrueShares. Their fees differ too: 0.13% for PBOG and 0.75% for PWRZ.