PWER ETF — Nomura Energy Transition ETF

Nomura Energy Transition ETF (PWER)

PWER is an ETF. its distribution rate is 0.54%, its trailing-12-month yield is 0.73%, its expense ratio is 0.79%. Dividend Vision Distribution Safety Score™ is 67/100 (Generally safe). Total return is 86.3% over the past 2.8 years, 12.6 points ahead of SPY at 73.7%.

At the current 0.54% distribution rate, a $10,000 investment would generate approximately $54 per year, or about $13.50 per quarter if the next payment matches the last regular one.

Nomura Energy Transition ETF is an equity fund that invests at least 80% of its assets in a diversified portfolio of securities across the energy, materials, industrial, renewable energy, and utilities sectors, targeting companies that meet specified investment criteria related to energy transition. The fund carries a modest distribution rate and pays distributions quarterly, with an expense ratio of 0.79%.

PWER performance versus SPY

Price and return data through 2026-09-18.

Total return is 86.3% over the past 2.8 years, 12.6 points ahead of SPY at 73.7%. Over the past year its total return — price change plus distributions reinvested — is 44.4%. Its deepest 1-year drawdown was 13.7%.

PWER key facts

Distribution Safety Score™

67 · Generally safe

Safety-Adjusted Yield

0.36%

Issuer

Nomura

Asset type

ETF

Asset class

Equity

Inception date

11/28/2023

Expense ratio

0.79%

Distribution rate

0.54%

Distribution frequency

Quarterly

Trailing yield

0.73%

Last close

$45.47 (as of 2026-09-18)

NAV

$44.85

Premium / discount

1.38% premium

AUM

$12,715,469

Average volume

3926.0

Last dividend

$0.061

Last ex-dividend date

06/22/2026 (as of 2026-06-22)

Last payment date

06/26/2026 (as of 2026-06-26)

Beta

1.0111

P/E ratio

15.2029

How Dividend Vision calculates yield and returns

Distribution rate (0.54%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (0.73%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Nomura; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

PWER risks and drawbacks

PWER's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 13.7%.

Who may consider PWER — and who may not

It is a weaker fit for investors who need monthly cash flow (PWER pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Compare PWER

PWER vs similar funds:

• PWER vs GRID
• PWER vs ZAP
• PWER vs AIHY

Frequently asked questions

More securities from Nomura.