POWR vs. AIPO

Last updated Jun 6, 2026

POWR (iShares U.S. Power Infrastructure ETF) and AIPO (Defiance AI & Power Infrastructure ETF) are both exchange-traded funds - POWR is a Utilities Equities fund actively managed by iShares, while AIPO is a Technology Equities fund tracking the MarketVector™ US Listed AI and Power Infrastructure Index. POWR is actively managed, while AIPO is passively managed. A 0.59 correlation means they provide meaningful diversification when combined. POWR charges 0.40%/yr vs 0.69%/yr for AIPO.

Performance

POWR vs. AIPO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Power Infrastructure ETF (POWR) and Defiance AI & Power Infrastructure ETF (AIPO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, POWR achieves a 16.01% return, which is significantly lower than AIPO's 40.87% return.

POWR

• 1D: -2.23%
• 1M: -3.34%
• YTD: 16.01%
• 6M: 13.05%
• 1Y: 28.14%
• 3Y*: 11.45%
• 5Y*: 14.67%
• 10Y*: 8.00%

AIPO

• 1D: -6.65%
• 1M: -6.45%
• YTD: 40.87%
• 6M: 31.16%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

POWR vs. AIPO - Yearly Performance Comparison

	2026 (YTD)	2025
POWR iShares U.S. Power Infrastructure ETF	16.01%	1.97%
AIPO Defiance AI & Power Infrastructure ETF	40.87%	8.68%

Correlation

The correlation between POWR and AIPO is 0.59, 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 28, 2025	0.59

POWR vs. AIPO - Sectors Allocation Comparison

Sectors	POWR	AIPO
Utilities	52.8%	14.4%
Industrials	26.6%	57.1%
Energy	17.3%	6.9%
Technology	2.9%	16.5%
Basic Materials	1.0%	-
Communication Services	-	0.5%
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	3.6%
Healthcare	-	-
Real Estate	-	1.0%

Return for Risk

POWR vs. AIPO — Risk / Return Rank

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

POWR

POWR Risk / Return Rank: 60
POWR Sharpe Ratio Rank: 51
POWR Sortino Ratio Rank: 49
POWR Omega Ratio Rank: 47
POWR Calmar Ratio Rank: 86
POWR Martin Ratio Rank: 67

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.

POWR vs. AIPO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Power Infrastructure ETF (POWR) and Defiance AI & Power Infrastructure ETF (AIPO). 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.

	POWR	AIPO	Difference
Sharpe ratio: Return per unit of total volatility	1.69	—	—
Sortino ratio: Return per unit of downside risk	2.34	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	4.72	—	—
Martin ratio: Return relative to average drawdown	11.82	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	POWR	AIPO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.69	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.31	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.18	1.85	-1.67

Drawdowns

POWR vs. AIPO - Drawdown Comparison

The maximum POWR drawdown since its inception was -65.98%, which is greater than AIPO's maximum drawdown of -17.31%. Use the drawdown chart below to compare losses from any high point for POWR and AIPO.

Drawdown Indicators

	POWR	AIPO	Difference
Max Drawdown Largest peak-to-trough decline	-65.98%	-17.31%	-48.67%
Max Drawdown (1Y) Largest decline over 1 year	-5.98%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-23.14%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.09%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-63.42%	—	—
Current Drawdown Current decline from peak	-3.54%	-8.38%	+4.84%
Average Drawdown Average peak-to-trough decline	-18.14%	-4.39%	-13.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.39%	—	—

Volatility

Volatility by Period

	POWR	AIPO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.17%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.56%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.72%	34.75%	-18.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.09%	34.75%	-11.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.62%	34.75%	-9.13%

POWR vs. AIPO - Expense Ratio Comparison

POWR has a 0.40% expense ratio, which is lower than AIPO's 0.69% expense ratio.

Dividends

POWR vs. AIPO - Dividend Comparison

POWR's dividend yield for the trailing twelve months is around 6.82%, more than AIPO's 0.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AIPO Defiance AI & Power Infrastructure ETF	0.01%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
POWR iShares U.S. Power Infrastructure ETF	6.82%	7.56%	4.36%	4.16%	4.82%	3.94%	3.96%	5.71%	3.17%	3.11%	2.75%	3.42%

Frequently Asked Questions

Can I hold both POWR and AIPO in my portfolio?

POWR and AIPO have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, POWR or AIPO?

On fees, POWR is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, POWR or AIPO?

POWR is cheaper with a 0.40% expense ratio, compared with 0.69% for AIPO.

Which ETF pays a higher dividend yield, POWR or AIPO?

POWR has the higher dividend yield at 6.82%, compared with 0.01% for AIPO.

What is the main difference between POWR and AIPO?

POWR is categorized as Utilities Equities, while AIPO is Technology Equities. They also come from different issuers: iShares and Defiance. Their fees differ too: 0.40% for POWR and 0.69% for AIPO.