PWER vs VOO
Nomura Energy Transition ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. PWER delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | PWER | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.80% | 0.03% | |
| AUM | $12M | $979.0B | |
| Dividend Yield | 0.82% | 1.09% | |
| Holdings | 36 | 509 | |
| YTD Return | +27.24% | +13.44% | |
| 1Y Return | +57.45% | +22.62% | |
| 3Y Return (annualized) | - | +21.47% | |
| 5Y Return (annualized) | - | +13.27% | |
| Volatility (annualized) | 20.5% | 14.1% | |
| Max Drawdown | -30.0% | -34.3% | |
| Fund Family | Nomura Asset Management Co Ltd | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Nov 28, 2023 | Sep 7, 2010 |
PWER vs VOO Performance
Nomura Energy Transition ETF (PWER) is a ETF from Nomura Asset Management Co Ltd and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year PWER returned +57.45% while VOO returned +22.62%. Year to date, PWER is up 27.24% versus a gain of 13.44% for VOO.
Risk: Volatility and Drawdowns
PWER has been the more volatile fund, with annualized monthly volatility of 20.5% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -30.0% for PWER and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.50. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
PWER charges 0.80% per year while VOO charges 0.03%. On a $10,000 position that is $80 vs $3 annually, a gap of $77 per year that compounds over a long holding period. On income, PWER currently yields 0.82% against 1.09% for VOO.
Holdings Overlap
PWER and VOO share 12 holdings out of 525 unique holdings combined, representing a 1.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, PWER or VOO?
PWER has an expense ratio of 0.80% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $77 per year of difference.
Which performed better, PWER or VOO?
Over the past year PWER returned +57.45% vs +22.62% for VOO, so PWER leads on 1-year performance. Over the longest common window we track (3 years), PWER annualized +25.57% vs +13.55% for VOO. Past performance does not guarantee future results.
Which is riskier, PWER or VOO?
PWER has been the more volatile fund at 20.5% annualized versus 14.1% for VOO. Worst drawdown: PWER -30.0% vs VOO -34.3%.
Should I hold both PWER and VOO?
PWER and VOO have a monthly-return correlation of 0.50, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PWER and VOO?
PWER and VOO share 12 common holdings with a 1.4% weight overlap. Combined, they hold 525 unique securities.
Which pays a higher dividend, PWER or VOO?
PWER yields 0.82% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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