TNUK vs. PWRZ

Last updated Jul 18, 2026

TNUK (Tortoise Nuclear Renaissance ETF) and PWRZ (TrueShares Eagle Global Next Gen Power Infrastructure ETF) are both Energy Equities funds. Both are actively managed. A 0.71 correlation means they provide meaningful diversification when combined. Both charge a 0.75% expense ratio.

Performance

TNUK vs. PWRZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tortoise Nuclear Renaissance ETF (TNUK) and TrueShares Eagle Global Next Gen Power Infrastructure ETF (PWRZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TNUK

• 1D: 0.08%
• 1M: -9.61%
• 6M: -20.04%
• YTD: -7.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PWRZ

• 1D: 0.19%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TNUK vs. PWRZ - Yearly Performance Comparison

	2026 (YTD)
TNUK Tortoise Nuclear Renaissance ETF	-4.67%
PWRZ TrueShares Eagle Global Next Gen Power Infrastructure ETF	-0.18%

Correlation

The correlation between TNUK and PWRZ is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 10, 2026	0.71

Return for Risk

TNUK vs. PWRZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tortoise Nuclear Renaissance ETF (TNUK) and TrueShares Eagle Global Next Gen Power Infrastructure ETF (PWRZ). 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

TNUK vs. PWRZ - Drawdown Comparison

The maximum TNUK drawdown since its inception was -22.64%, which is greater than PWRZ's maximum drawdown of -1.21%. Use the drawdown chart below to compare losses from any high point for TNUK and PWRZ.

Drawdown Indicators

	TNUK	PWRZ	Difference
Max Drawdown Largest peak-to-trough decline	-22.64%	-1.21%	-21.43%
Current Drawdown Current decline from peak	-22.58%	-1.02%	-21.56%
Average Drawdown Average peak-to-trough decline	-9.66%	-0.52%	-9.14%

Volatility

Volatility by Period

	TNUK	PWRZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	33.85%	11.53%	+22.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.85%	11.53%	+22.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.85%	11.53%	+22.32%

TNUK vs. PWRZ - Expense Ratio Comparison

Both TNUK and PWRZ have an expense ratio of 0.75%.

Dividends

TNUK vs. PWRZ - Dividend Comparison

Neither TNUK nor PWRZ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TNUK and PWRZ in my portfolio?

TNUK and PWRZ have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TNUK or PWRZ?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TNUK or PWRZ?

TNUK and PWRZ have the same expense ratio: 0.75% per year.

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

TNUK and PWRZ have nearly identical dividend yields, around 0.00%.

What is the main difference between TNUK and PWRZ?

They also come from different issuers: Tortoise and TrueShares.