PWRZ vs. IYZ
PWRZ (TrueShares Eagle Global Next Gen Power Infrastructure ETF) and IYZ (iShares U.S. Telecommunications ETF) are both exchange-traded funds - PWRZ is a Energy Equities fund actively managed by TrueShares, while IYZ is a Communications Equities fund tracking the Dow Jones U.S. Select Telecommunications Index. PWRZ is actively managed, while IYZ is passively managed. At a correlation of -1.00, they often move in opposite directions. PWRZ charges 0.75%/yr vs 0.42%/yr for IYZ.
Performance
PWRZ vs. IYZ - Performance Comparison
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Returns By Period
PWRZ
- 1D
- -0.17%
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IYZ
- 1D
- -1.42%
- 1M
- -4.51%
- 6M
- 24.17%
- YTD
- 23.73%
- 1Y
- 45.08%
- 3Y*
- 27.35%
- 5Y*
- 6.78%
- 10Y*
- 4.37%
PWRZ vs. IYZ - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
PWRZ TrueShares Eagle Global Next Gen Power Infrastructure ETF | -0.40% |
IYZ iShares U.S. Telecommunications ETF | -0.45% |
Correlation
The correlation between PWRZ and IYZ 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. IYZ — Risk / Return Rank
PWRZ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IYZ
PWRZ vs. IYZ - 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 U.S. Telecommunications ETF (IYZ). 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 | IYZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.41 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.94 | — |
| Martin ratioReturn relative to average drawdown | — | 13.86 | — |
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Drawdowns
PWRZ vs. IYZ - Drawdown Comparison
The maximum PWRZ drawdown since its inception was -0.40%, smaller than the maximum IYZ drawdown of -77.11%. Use the drawdown chart below to compare losses from any high point for PWRZ and IYZ.
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Drawdown Indicators
| PWRZ | IYZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.40% | -77.11% | +76.71% |
Max Drawdown (1Y)Largest decline over 1 year | — | -11.48% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.85% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -39.74% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.74% | — |
Current DrawdownCurrent decline from peak | -0.40% | -9.06% | +8.66% |
Average DrawdownAverage peak-to-trough decline | -0.31% | -40.01% | +39.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.26% | — |
Volatility
PWRZ vs. IYZ - Volatility Comparison
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Volatility by Period
| PWRZ | IYZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.91% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 16.24% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 0.62% | 19.37% | -18.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.62% | 19.05% | -18.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.62% | 19.30% | -18.68% |
PWRZ vs. IYZ - Expense Ratio Comparison
PWRZ has a 0.75% expense ratio, which is higher than IYZ's 0.42% expense ratio.
Dividends
PWRZ vs. IYZ - Dividend Comparison
PWRZ has not paid dividends to shareholders, while IYZ's dividend yield for the trailing twelve months is around 1.69%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IYZ iShares U.S. Telecommunications ETF | 1.69% | 2.04% | 1.94% | 2.27% | 2.55% | 2.51% | 2.60% | 2.36% | 2.15% | 3.54% | 2.27% | 1.98% |
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 IYZ 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, IYZ is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IYZ is cheaper with a 0.42% expense ratio, compared with 0.75% for PWRZ.
IYZ has the higher dividend yield at 1.69%, compared with 0.00% for PWRZ.
PWRZ is categorized as Energy Equities, while IYZ is Communications Equities. They also come from different issuers: TrueShares and iShares. Their fees differ too: 0.75% for PWRZ and 0.42% for IYZ.
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