PWRZ vs. FRDM

Last updated Jul 17, 2026

PWRZ (TrueShares Eagle Global Next Gen Power Infrastructure ETF) and FRDM (Freedom 100 Emerging Markets ETF) are both exchange-traded funds - PWRZ is a Energy Equities fund actively managed by TrueShares, while FRDM is a Emerging Markets Diversified fund tracking the Life + Liberty Freedom 100 Emerging Markets Index. PWRZ is actively managed, while FRDM is passively managed. At a 0.40 correlation, their price movements are largely independent. PWRZ charges 0.75%/yr vs 0.49%/yr for FRDM.

Performance

PWRZ vs. FRDM - 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 Freedom 100 Emerging Markets ETF (FRDM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PWRZ

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

FRDM

• 1D: -2.99%
• 1M: -9.96%
• 6M: 18.89%
• YTD: 28.51%
• 1Y: 65.35%
• 3Y*: 28.85%
• 5Y*: 17.22%
• 10Y*: —

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

PWRZ vs. FRDM - Yearly Performance Comparison

	2026 (YTD)
PWRZ TrueShares Eagle Global Next Gen Power Infrastructure ETF	-0.37%
FRDM Freedom 100 Emerging Markets ETF	-6.39%

Correlation

The correlation between PWRZ and FRDM is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 10, 2026	0.40

Return for Risk

PWRZ vs. FRDM — 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.

FRDM

FRDM Risk / Return Rank: 83
FRDM Sharpe Ratio Rank: 86
FRDM Sortino Ratio Rank: 75
FRDM Omega Ratio Rank: 83
FRDM Calmar Ratio Rank: 87
FRDM Martin Ratio Rank: 84

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. FRDM - 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 Freedom 100 Emerging Markets ETF (FRDM). 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	FRDM	Difference
Sharpe ratio: Return per unit of total volatility	—	2.22	—
Sortino ratio: Return per unit of downside risk	—	2.69	—
Omega ratio: Gain probability vs. loss probability	—	1.39	—
Calmar ratio: Return relative to maximum drawdown	—	3.89	—
Martin ratio: Return relative to average drawdown	—	13.41	—

Drawdowns

PWRZ vs. FRDM - Drawdown Comparison

The maximum PWRZ drawdown since its inception was -1.21%, smaller than the maximum FRDM drawdown of -40.49%. Use the drawdown chart below to compare losses from any high point for PWRZ and FRDM.

Drawdown Indicators

	PWRZ	FRDM	Difference
Max Drawdown Largest peak-to-trough decline	-1.21%	-40.49%	+39.28%
Max Drawdown (1Y) Largest decline over 1 year	—	-16.87%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.87%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.25%	—
Current Drawdown Current decline from peak	-1.21%	-13.89%	+12.68%
Average Drawdown Average peak-to-trough decline	-0.42%	-7.08%	+6.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.89%	—

Volatility

Volatility by Period

	PWRZ	FRDM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.07%	—
Volatility (6M) Calculated over the trailing 6-month period	—	27.60%	—
Volatility (1Y) Calculated over the trailing 1-year period	12.75%	29.63%	-16.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.75%	22.11%	-9.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.75%	23.49%	-10.74%

PWRZ vs. FRDM - Expense Ratio Comparison

PWRZ has a 0.75% expense ratio, which is higher than FRDM's 0.49% expense ratio.

Dividends

PWRZ vs. FRDM - Dividend Comparison

PWRZ has not paid dividends to shareholders, while FRDM's dividend yield for the trailing twelve months is around 1.69%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
FRDM Freedom 100 Emerging Markets ETF	1.69%	2.26%	2.53%	2.66%	2.72%	2.17%	1.11%	1.07%
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%

Frequently Asked Questions

Can I hold both PWRZ and FRDM in my portfolio?

PWRZ and FRDM have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PWRZ or FRDM?

On fees, FRDM is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PWRZ or FRDM?

FRDM is cheaper with a 0.49% expense ratio, compared with 0.75% for PWRZ.

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

FRDM has the higher dividend yield at 1.69%, compared with 0.00% for PWRZ.

What is the main difference between PWRZ and FRDM?

PWRZ is categorized as Energy Equities, while FRDM is Emerging Markets Diversified. They also come from different issuers: TrueShares and Freedom Funds. Their fees differ too: 0.75% for PWRZ and 0.49% for FRDM.