PWER vs VTI
Nomura Energy Transition ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, PWER or VTI?
PWER has been ahead.
VTI has a lower expense ratio. PWER led over 1Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 47.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | PWER | VTI |
|---|---|---|
| Expense Ratio | 0.79% | 0.03%Best |
| AUM | $12M | $690.1B |
| Dividend Yield | 0.73% | 1.03% |
| Holdings | 66 | 3,524 |
| YTD Return | +24.25%Best | +13.35% |
| 1Y Return | +34.99%Best | +15.92% |
| 3Y Return (annualized) | - | +23.41% |
| 5Y Return (annualized) | - | +12.83% |
| Volatility (annualized) | 20.4% | 11.9%Best |
| Max Drawdown | -30.0% | -19.3%Best |
| $10,000 over 2.8 years | $17,899Best | $17,287 |
| Top 10 Weight | 47.9% | 33.3%Best |
| Fund Family | Nomura Asset Management Co Ltd | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 28, 2023 | May 24, 2001 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Nov 29, 2023 to Oct 2, 2026 (2.8 years).
PWER vs VTI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.8 years both funds cover.
PWER vs VTI Performance
Nomura Energy Transition ETF (PWER) is an ETF from Nomura Asset Management Co Ltd and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year PWER returned +34.99% while VTI returned +15.92%. Year to date, PWER is up 24.25% versus a gain of 13.35% for VTI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PWER has been the more volatile fund, with annualized monthly volatility of 20.4% compared with 11.9% for VTI. 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 -19.3% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.53. They move together some of the time, and apart the rest.
Fees and Cost Over Time
PWER charges 0.79% per year while VTI charges 0.03%. On a $10,000 position that is $79 vs $3 annually, a gap of $76 per year that compounds over a long holding period. On income, PWER currently yields 0.73% against 1.03% for VTI.
Holdings Overlap
67.5% of PWER's money is in holdings VTI also owns. 1.5% of VTI's money is in holdings PWER also owns.
The two portfolios partly overlap.
The two holdings books were reported 46 days apart, PWER as of Sep 15, 2026 and VTI as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
21 positions in common, counted across the 32 positions we hold weights for in PWER and 3,463 in VTI, against full books of 66 and 3,524.
What only one of them owns
Our book lists 1,130 positions for VTI that do not appear in our book for PWER (95.9% of the fund), and 2 for PWER that do not appear in VTI (6.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in PWER | Weight in VTI | Difference |
|---|---|---|---|
| VLOValero Energy | 6.49% | 0.13% | 6.36% |
| STLDSteel Dynamics, Inc. | 5.93% | 0.05% | 5.88% |
| DINOHollyfrontier | 5.56% | 0.02% | 5.54% |
| COPConocophillips Common Stock USD 0.01 | 4.78% | 0.20% | 4.58% |
| EOGEog Resources Inc | 4.08% | 0.11% | 3.97% |
| FSLRFirst Solar, Inc | 3.82% | 0.03% | 3.79% |
| AAAlcoa Corp | 3.47% | 0.02% | 3.45% |
| PRPermian Resource | 3.46% | 0.02% | 3.44% |
| AEPAmerican Electric Power Co Inc | 3.30% | 0.10% | 3.20% |
| XELXcel Energy Inc. | 3.20% | 0.07% | 3.13% |
67.5% of PWER is already inside VTI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, PWER or VTI?
PWER has an expense ratio of 0.79% while VTI charges 0.03%. VTI is the cheaper option, by $76 a year on a $10,000 investment.
Which performed better, PWER or VTI?
Over the past year PWER returned +34.99% vs +15.92% for VTI, so PWER leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PWER or VTI?
PWER has been the more volatile fund at 20.4% annualized versus 11.9% for VTI. Worst drawdown: PWER -30.0% vs VTI -19.3%.
Should I hold both PWER and VTI?
PWER and VTI have a monthly-return correlation of 0.53, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between PWER and VTI?
67.5% of PWER's money is in holdings VTI also owns. 1.5% of VTI's is in holdings PWER also owns. They hold 21 positions in common, counted across the 32 positions we hold weights for in PWER and 3,463 in VTI.
Which pays a higher dividend, PWER or VTI?
PWER yields 0.73% while VTI yields 1.03%, so VTI currently pays the higher dividend yield.
Is VTI better than PWER?
VTI has a lower expense ratio. PWER led over 1Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 47.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.