PWRZ vs. APRZ

Last updated Jul 10, 2026

PWRZ (TrueShares Eagle Global Next Gen Power Infrastructure ETF) and APRZ (TrueShares Structured Outcome (April) ETF) are both exchange-traded funds - PWRZ is a Energy Equities fund actively managed by TrueShares, while APRZ is a Defined Outcome fund tracking the S&P 500 Price Return Index. PWRZ is actively managed, while APRZ is passively managed. PWRZ charges 0.75%/yr vs 0.79%/yr for APRZ.

Performance

PWRZ vs. APRZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TrueShares Eagle Global Next Gen Power Infrastructure ETF (PWRZ) and TrueShares Structured Outcome (April) ETF (APRZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PWRZ

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

APRZ

• 1D: 0.61%
• 1M: 1.55%
• 6M: 5.97%
• YTD: 6.95%
• 1Y: 15.19%
• 3Y*: 15.16%
• 5Y*: 10.56%
• 10Y*: —

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

PWRZ vs. APRZ - Yearly Performance Comparison

	2026 (YTD)
PWRZ TrueShares Eagle Global Next Gen Power Infrastructure ETF	0.00%
APRZ TrueShares Structured Outcome (April) ETF	0.61%

Return for Risk

PWRZ vs. APRZ — Risk / Return Rank

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

PWRZ

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

APRZ

APRZ Risk / Return Rank: 49
APRZ Sharpe Ratio Rank: 51
APRZ Sortino Ratio Rank: 50
APRZ Omega Ratio Rank: 50
APRZ Calmar Ratio Rank: 42
APRZ Martin Ratio Rank: 53

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.

PWRZ vs. APRZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TrueShares Eagle Global Next Gen Power Infrastructure ETF (PWRZ) and TrueShares Structured Outcome (April) ETF (APRZ). 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.

	PWRZ	APRZ	Difference
Sharpe ratio: Return per unit of total volatility	—	1.41	—
Sortino ratio: Return per unit of downside risk	—	2.01	—
Omega ratio: Gain probability vs. loss probability	—	1.26	—
Calmar ratio: Return relative to maximum drawdown	—	1.72	—
Martin ratio: Return relative to average drawdown	—	7.31	—

Drawdowns

PWRZ vs. APRZ - Drawdown Comparison

The maximum PWRZ drawdown since its inception was 0.00%, smaller than the maximum APRZ drawdown of -18.15%. Use the drawdown chart below to compare losses from any high point for PWRZ and APRZ.

Drawdown Indicators

	PWRZ	APRZ	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-18.15%	+18.15%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.85%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.15%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.15%	—
Current Drawdown Current decline from peak	0.00%	-0.96%	+0.96%
Average Drawdown Average peak-to-trough decline	0.00%	-3.59%	+3.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.08%	—

Volatility

Volatility by Period

	PWRZ	APRZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.83%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.86%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	10.82%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	12.64%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	12.44%	—

PWRZ vs. APRZ - Expense Ratio Comparison

PWRZ has a 0.75% expense ratio, which is lower than APRZ's 0.79% expense ratio.

Dividends

PWRZ vs. APRZ - Dividend Comparison

PWRZ has not paid dividends to shareholders, while APRZ's dividend yield for the trailing twelve months is around 3.14%.

Position	TTM	2025	2024	2023	2022
APRZ TrueShares Structured Outcome (April) ETF	3.14%	3.35%	2.78%	2.89%	0.59%
PWRZ TrueShares Eagle Global Next Gen Power Infrastructure ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, PWRZ or APRZ?

On fees, PWRZ is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PWRZ or APRZ?

PWRZ is cheaper with a 0.75% expense ratio, compared with 0.79% for APRZ.

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

APRZ has the higher dividend yield at 3.14%, compared with 0.00% for PWRZ.

What is the main difference between PWRZ and APRZ?

PWRZ is categorized as Energy Equities, while APRZ is Defined Outcome. Their fees differ too: 0.75% for PWRZ and 0.79% for APRZ.