WARP vs. POW
WARP (VanEck Space ETF) and POW (VistaShares Electrification Supercycle ETF) are both exchange-traded funds - WARP is a Industrials Equities fund tracking the MarketVector Space Index, while POW is a Actively Managed fund actively managed by VistaShares. WARP is passively managed, while POW is actively managed. At a 0.39 correlation, their price movements are largely independent. WARP charges 0.50%/yr vs 0.75%/yr for POW.
Performance
WARP vs. POW - Performance Comparison
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Returns By Period
WARP
- 1D
- -6.10%
- 1M
- -24.42%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
POW
- 1D
- -3.68%
- 1M
- -13.79%
- 6M
- 25.01%
- YTD
- 35.68%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WARP vs. POW - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
WARP VanEck Space ETF | -24.57% |
POW VistaShares Electrification Supercycle ETF | -19.71% |
Correlation
The correlation between WARP and POW is 0.39, 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 May 7, 2026 | 0.39 |
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Return for Risk
WARP vs. POW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Space ETF (WARP) 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.
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Drawdowns
WARP vs. POW - Drawdown Comparison
The maximum WARP drawdown since its inception was -48.83%, which is greater than POW's maximum drawdown of -20.28%. Use the drawdown chart below to compare losses from any high point for WARP and POW.
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Drawdown Indicators
| WARP | POW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.83% | -20.28% | -28.55% |
Current DrawdownCurrent decline from peak | -48.83% | -20.28% | -28.55% |
Average DrawdownAverage peak-to-trough decline | -22.53% | -4.56% | -17.97% |
Volatility
WARP vs. POW - Volatility Comparison
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Volatility by Period
| WARP | POW | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 82.26% | 33.06% | +49.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 82.26% | 33.06% | +49.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 82.26% | 33.06% | +49.20% |
WARP vs. POW - Expense Ratio Comparison
WARP has a 0.50% expense ratio, which is lower than POW's 0.75% expense ratio.
Dividends
WARP vs. POW - Dividend Comparison
WARP has not paid dividends to shareholders, while POW's dividend yield for the trailing twelve months is around 0.14%.
| Position | TTM | 2025 |
|---|---|---|
POW VistaShares Electrification Supercycle ETF | 0.14% | 0.19% |
WARP VanEck Space ETF | 0.00% | 0.00% |
Frequently Asked Questions
WARP and POW have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WARP is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WARP is cheaper with a 0.50% expense ratio, compared with 0.75% for POW.
POW has the higher dividend yield at 0.14%, compared with 0.00% for WARP.
WARP is categorized as Industrials Equities, while POW is Actively Managed. They also come from different issuers: VanEck and VistaShares. Their fees differ too: 0.50% for WARP and 0.75% for POW.
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