PWRZ vs. NBET
PWRZ (TrueShares Eagle Global Next Gen Power Infrastructure ETF) and NBET (Neuberger Berman Energy Transition & Infrastructure ETF) are both Infrastructure Equities funds. Both are actively managed. Their 0.46 correlation means their historical movements had little consistent relationship. PWRZ charges 0.75%/yr vs 0.65%/yr for NBET.
Performance
PWRZ vs. NBET - Performance Comparison
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Returns By Period
PWRZ
- 1D
- -0.89%
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
NBET
- 1D
- 0.21%
- 1M
- 1.52%
- 6M
- 14.56%
- YTD
- 23.30%
- 1Y
- 24.64%
- 3Y*
- 18.99%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 13.37%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $250.93K | $228.58K | $205.44K | |
| $5.57K | $7.64K | $7.64K |
PWRZ vs. NBET - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
PWRZ TrueShares Eagle Global Next Gen Power Infrastructure ETF | -2.28% |
NBET Neuberger Berman Energy Transition & Infrastructure ETF | 0.36% |
Correlation
The correlation between PWRZ and NBET is 0.46, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 10, 2026 | 0.46 |
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Return for Risk
PWRZ vs. NBET — Risk / Return Rank
PWRZ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NBET
PWRZ vs. NBET - 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 Neuberger Berman Energy Transition & Infrastructure ETF (NBET). 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 | NBET | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.27 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.09 | — |
| Martin ratioReturn relative to average drawdown | — | 7.53 | — |
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Drawdowns
PWRZ vs. NBET - Drawdown Comparison
The maximum PWRZ drawdown since its inception was -3.62%, smaller than the maximum NBET drawdown of -18.72%. Use the drawdown chart below to compare losses from any high point for PWRZ and NBET.
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Drawdown Indicators
| PWRZ | NBET | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.62% | -18.72% | +15.10% |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.00% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -17.38% | — |
Current DrawdownCurrent decline from peak | -3.62% | -5.05% | +1.43% |
Average DrawdownAverage peak-to-trough decline | -1.03% | -5.07% | +4.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.28% | — |
Volatility
PWRZ vs. NBET - Volatility Comparison
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Volatility by Period
| PWRZ | NBET | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.27% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 11.82% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 11.99% | 14.94% | -2.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.99% | 19.44% | -7.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.99% | 19.44% | -7.45% |
PWRZ vs. NBET - Expense Ratio Comparison
PWRZ has a 0.75% expense ratio, which is higher than NBET's 0.65% expense ratio.
Dividends
PWRZ vs. NBET - Dividend Comparison
PWRZ has not paid dividends to shareholders, while NBET's dividend yield for the trailing twelve months is around 2.44%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
NBET Neuberger Berman Energy Transition & Infrastructure ETF | 2.44% | 2.70% | 2.43% | 1.22% | 0.87% |
PWRZ TrueShares Eagle Global Next Gen Power Infrastructure ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PWRZ and NBET have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NBET is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NBET is cheaper with a 0.65% expense ratio, compared with 0.75% for PWRZ.
NBET has the higher dividend yield at 2.44%, compared with 0.00% for PWRZ.
They also come from different issuers: TrueShares and Neuberger Berman. Their fees differ too: 0.75% for PWRZ and 0.65% for NBET.
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