PWRZ vs. EWY
PWRZ (TrueShares Eagle Global Next Gen Power Infrastructure ETF) and EWY (iShares MSCI South Korea ETF) are both exchange-traded funds - PWRZ is a Energy Equities fund actively managed by TrueShares, while EWY is a South Korea Equities fund tracking the MSCI Korea Index. PWRZ is actively managed, while EWY is passively managed. At a correlation of -1.00, they often move in opposite directions. PWRZ charges 0.75%/yr vs 0.59%/yr for EWY.
Performance
PWRZ vs. EWY - Performance Comparison
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Returns By Period
PWRZ
- 1D
- -0.17%
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EWY
- 1D
- -8.45%
- 1M
- -14.91%
- 6M
- 54.25%
- YTD
- 72.82%
- 1Y
- 136.76%
- 3Y*
- 39.02%
- 5Y*
- 15.37%
- 10Y*
- 14.08%
PWRZ vs. EWY - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
PWRZ TrueShares Eagle Global Next Gen Power Infrastructure ETF | -0.40% |
EWY iShares MSCI South Korea ETF | -9.06% |
Correlation
The correlation between PWRZ and EWY is -1.00, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 10, 2026 | -1.00 |
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Return for Risk
PWRZ vs. EWY — Risk / Return Rank
PWRZ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EWY
PWRZ vs. EWY - 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 iShares MSCI South Korea ETF (EWY). 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 | EWY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.42 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 5.89 | — |
| Martin ratioReturn relative to average drawdown | — | 18.50 | — |
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Drawdowns
PWRZ vs. EWY - Drawdown Comparison
The maximum PWRZ drawdown since its inception was -0.40%, smaller than the maximum EWY drawdown of -74.14%. Use the drawdown chart below to compare losses from any high point for PWRZ and EWY.
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Drawdown Indicators
| PWRZ | EWY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.40% | -74.14% | +73.74% |
Max Drawdown (1Y)Largest decline over 1 year | — | -23.35% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -27.36% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -47.23% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -49.73% | — |
Current DrawdownCurrent decline from peak | -0.40% | -23.35% | +22.95% |
Average DrawdownAverage peak-to-trough decline | -0.31% | -20.09% | +19.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 7.42% | — |
Volatility
PWRZ vs. EWY - Volatility Comparison
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Volatility by Period
| PWRZ | EWY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 25.85% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 47.91% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 0.62% | 51.11% | -50.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.62% | 31.74% | -31.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.62% | 28.80% | -28.18% |
PWRZ vs. EWY - Expense Ratio Comparison
PWRZ has a 0.75% expense ratio, which is higher than EWY's 0.59% expense ratio.
Dividends
PWRZ vs. EWY - Dividend Comparison
PWRZ has not paid dividends to shareholders, while EWY's dividend yield for the trailing twelve months is around 1.21%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWY iShares MSCI South Korea ETF | 1.21% | 2.10% | 2.55% | 2.52% | 1.23% | 2.16% | 0.73% | 2.10% | 1.34% | 2.90% | 1.21% | 2.42% |
PWRZ TrueShares Eagle Global Next Gen Power Infrastructure ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PWRZ and EWY have a correlation of -1.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EWY is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EWY is cheaper with a 0.59% expense ratio, compared with 0.75% for PWRZ.
EWY has the higher dividend yield at 1.21%, compared with 0.00% for PWRZ.
PWRZ is categorized as Energy Equities, while EWY is South Korea Equities. They also come from different issuers: TrueShares and iShares. Their fees differ too: 0.75% for PWRZ and 0.59% for EWY.
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