POW vs. RAAY

Last updated Jul 10, 2026

POW (VistaShares Electrification Supercycle ETF) and RAAY (Reckoner Yield Enhanced AAA CLO Annual ETF) are both Actively Managed funds. Both are actively managed. At a 0.09 correlation, their price movements are largely independent. POW charges 0.75%/yr vs 0.35%/yr for RAAY.

Performance

POW vs. RAAY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VistaShares Electrification Supercycle ETF (POW) and Reckoner Yield Enhanced AAA CLO Annual ETF (RAAY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

POW

• 1D: 1.23%
• 1M: -4.96%
• 6M: 39.30%
• YTD: 42.34%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RAAY

• 1D: 0.00%
• 1M: 0.49%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

POW vs. RAAY - Yearly Performance Comparison

	2026 (YTD)
POW VistaShares Electrification Supercycle ETF	17.55%
RAAY Reckoner Yield Enhanced AAA CLO Annual ETF	1.99%

Correlation

The correlation between POW and RAAY is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 11, 2026	0.09

Return for Risk

POW vs. RAAY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VistaShares Electrification Supercycle ETF (POW) and Reckoner Yield Enhanced AAA CLO Annual ETF (RAAY). 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

POW vs. RAAY - Drawdown Comparison

The maximum POW drawdown since its inception was -17.41%, which is greater than RAAY's maximum drawdown of -0.62%. Use the drawdown chart below to compare losses from any high point for POW and RAAY.

Drawdown Indicators

	POW	RAAY	Difference
Max Drawdown Largest peak-to-trough decline	-17.41%	-0.62%	-16.79%
Current Drawdown Current decline from peak	-16.37%	0.00%	-16.37%
Average Drawdown Average peak-to-trough decline	-4.18%	-0.08%	-4.10%

Volatility

Volatility by Period

	POW	RAAY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	32.79%	1.37%	+31.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.79%	1.37%	+31.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.79%	1.37%	+31.42%

POW vs. RAAY - Expense Ratio Comparison

POW has a 0.75% expense ratio, which is higher than RAAY's 0.35% expense ratio.

Dividends

POW vs. RAAY - Dividend Comparison

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

Position	TTM	2025
POW VistaShares Electrification Supercycle ETF	0.13%	0.19%
RAAY Reckoner Yield Enhanced AAA CLO Annual ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both POW and RAAY in my portfolio?

POW and RAAY have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, POW or RAAY?

On fees, RAAY is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, POW or RAAY?

RAAY is cheaper with a 0.35% expense ratio, compared with 0.75% for POW.

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

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

What is the main difference between POW and RAAY?

They also come from different issuers: VistaShares and Reckoner. Their fees differ too: 0.75% for POW and 0.35% for RAAY.