RAAR vs. POW

Last updated Jul 31, 2026

RAAR (Reckoner Yield Enhanced AAA CLO Reinvesting ETF) and POW (VistaShares Electrification Supercycle ETF) are both Actively Managed funds. Both are actively managed. Their -0.04 correlation means they have often moved in opposite directions in the past. RAAR charges 0.40%/yr vs 0.75%/yr for POW.

Performance

RAAR vs. POW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Reckoner Yield Enhanced AAA CLO Reinvesting ETF (RAAR) and VistaShares Electrification Supercycle ETF (POW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RAAR

• 1D: 0.03%
• 1M: 1.11%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

POW

• 1D: 6.39%
• 1M: -17.26%
• 6M: 12.11%
• YTD: 30.34%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
POW VistaShares Electrification Supercycle ETF	$2.18M	$2.23M	$3.08M
RAAR Reckoner Yield Enhanced AAA CLO Reinvesting ETF	$43.52K	$136.30K	$96.63K

RAAR vs. POW - Yearly Performance Comparison

	2026 (YTD)
RAAR Reckoner Yield Enhanced AAA CLO Reinvesting ETF	2.35%
POW VistaShares Electrification Supercycle ETF	7.64%

Correlation

The correlation between RAAR and POW is -0.04, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 11, 2026	-0.04

Return for Risk

RAAR vs. POW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Reckoner Yield Enhanced AAA CLO Reinvesting ETF (RAAR) and VistaShares Electrification Supercycle ETF (POW). 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.

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

Drawdowns

RAAR vs. POW - Drawdown Comparison

The maximum RAAR drawdown since its inception was -0.65%, smaller than the maximum POW drawdown of -28.02%. Use the drawdown chart below to compare losses from any high point for RAAR and POW.

Drawdown Indicators

	RAAR	POW	Difference
Max Drawdown Largest peak-to-trough decline	-0.65%	-28.02%	+27.37%
Current Drawdown Current decline from peak	0.00%	-23.42%	+23.42%
Average Drawdown Average peak-to-trough decline	-0.08%	-5.43%	+5.35%

Volatility

Volatility by Period

	RAAR	POW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	1.83%	34.46%	-32.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.83%	34.46%	-32.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.83%	34.46%	-32.63%

RAAR vs. POW - Expense Ratio Comparison

RAAR has a 0.40% expense ratio, which is lower than POW's 0.75% expense ratio.

Dividends

RAAR vs. POW - Dividend Comparison

RAAR has not paid dividends to shareholders, while POW's dividend yield for the trailing twelve months is around 0.15%.

Position	TTM	2025
POW VistaShares Electrification Supercycle ETF	0.15%	0.19%
RAAR Reckoner Yield Enhanced AAA CLO Reinvesting ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both RAAR and POW in my portfolio?

RAAR and POW have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RAAR or POW?

On fees, RAAR is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RAAR or POW?

RAAR is cheaper with a 0.40% expense ratio, compared with 0.75% for POW.

Which ETF pays a higher dividend yield, RAAR or POW?

POW has the higher dividend yield at 0.15%, compared with 0.00% for RAAR.

What is the main difference between RAAR and POW?

They also come from different issuers: Reckoner and VistaShares. Their fees differ too: 0.40% for RAAR and 0.75% for POW.