XES vs. POW

Last updated Jul 14, 2026

XES (SPDR S&P Oil & Gas Equipment & Services ETF) and POW (VistaShares Electrification Supercycle ETF) are both exchange-traded funds - XES is a Energy Equities fund tracking the S&P Oil & Gas Equipment & Services Select Industry Index, while POW is a Actively Managed fund actively managed by VistaShares. XES is passively managed, while POW is actively managed. At a 0.30 correlation, their price movements are largely independent. XES charges 0.35%/yr vs 0.75%/yr for POW.

Performance

XES vs. POW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Oil & Gas Equipment & Services ETF (XES) and VistaShares Electrification Supercycle ETF (POW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with XES having a 38.81% return and POW slightly higher at 38.93%.

XES

• 1D: 0.99%
• 1M: -8.29%
• 6M: 29.23%
• YTD: 38.81%
• 1Y: 66.68%
• 3Y*: 10.81%
• 5Y*: 15.86%
• 10Y*: -3.78%

POW

• 1D: -3.60%
• 1M: -8.76%
• 6M: 31.71%
• YTD: 38.93%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XES vs. POW - Yearly Performance Comparison

	2026 (YTD)	2025
XES SPDR S&P Oil & Gas Equipment & Services ETF	38.81%	4.60%
POW VistaShares Electrification Supercycle ETF	38.93%	-1.70%

Correlation

The correlation between XES and POW is 0.30, 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 Oct 28, 2025	0.30

Return for Risk

XES vs. POW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XES

XES Risk / Return Rank: 79
XES Sharpe Ratio Rank: 85
XES Sortino Ratio Rank: 79
XES Omega Ratio Rank: 73
XES Calmar Ratio Rank: 78
XES Martin Ratio Rank: 78

POW

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XES vs. POW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Oil & Gas Equipment & Services ETF (XES) 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.

	XES	POW	Difference
Sharpe ratio: Return per unit of total volatility	2.16	—	—
Sortino ratio: Return per unit of downside risk	2.78	—	—
Omega ratio: Gain probability vs. loss probability	1.34	—	—
Calmar ratio: Return relative to maximum drawdown	3.24	—	—
Martin ratio: Return relative to average drawdown	11.71	—	—

Drawdowns

XES vs. POW - Drawdown Comparison

The maximum XES drawdown since its inception was -95.65%, which is greater than POW's maximum drawdown of -18.37%. Use the drawdown chart below to compare losses from any high point for XES and POW.

Drawdown Indicators

	XES	POW	Difference
Max Drawdown Largest peak-to-trough decline	-95.65%	-18.37%	-77.28%
Max Drawdown (1Y) Largest decline over 1 year	-20.69%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-45.95%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-45.95%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-91.23%	—	—
Current Drawdown Current decline from peak	-73.19%	-18.37%	-54.82%
Average Drawdown Average peak-to-trough decline	-54.45%	-4.33%	-50.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.77%	—	—

Volatility

Volatility by Period

	XES	POW	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.19%	—	—
Volatility (6M) Calculated over the trailing 6-month period	21.29%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	31.02%	32.94%	-1.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.85%	32.94%	+5.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.85%	32.94%	+11.91%

XES vs. POW - Expense Ratio Comparison

XES has a 0.35% expense ratio, which is lower than POW's 0.75% expense ratio.

Dividends

XES vs. POW - Dividend Comparison

XES's dividend yield for the trailing twelve months is around 1.15%, more than POW's 0.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
POW VistaShares Electrification Supercycle ETF	0.14%	0.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XES SPDR S&P Oil & Gas Equipment & Services ETF	1.15%	1.69%	1.31%	0.66%	0.36%	1.81%	1.33%	1.43%	1.14%	1.68%	0.64%	2.47%

Frequently Asked Questions

Can I hold both XES and POW in my portfolio?

XES and POW have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XES or POW?

On fees, XES is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XES or POW?

XES is cheaper with a 0.35% expense ratio, compared with 0.75% for POW.

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

XES has the higher dividend yield at 1.15%, compared with 0.14% for POW.

What is the main difference between XES and POW?

XES is categorized as Energy Equities, while POW is Actively Managed. They also come from different issuers: State Street and VistaShares. Their fees differ too: 0.35% for XES and 0.75% for POW.