PWER ETF — Nomura Energy Transition ETF

Nomura Energy Transition ETF (PWER)

PWER is an ETF. As of September 4, 2026, its distribution rate is 0.53%, its trailing-12-month yield is 0.72%, its expense ratio is 0.79%. Dividend Vision Distribution Safety Score™ is 67/100 (Generally safe). Total return is 89.6% over the past 2.8 years, 14.4 points ahead of SPY at 75.2%.

At the current 0.53% distribution rate, a $10,000 investment would generate approximately $53 per year, or $4.42 per month on an equivalent basis. Actual quarterly payments vary.

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. The fund distributes quarterly and carries a modest current distribution rate with an expense ratio of 0.79%. The ETF appeals to income-focused investors seeking exposure to the energy transition theme alongside periodic distributions.

PWER performance versus SPY

Data as of September 4, 2026.

Total return is 89.6% over the past 2.8 years, 14.4 points ahead of SPY at 75.2%. Its deepest 1-year drawdown was 13.7%.

PWER key facts

Data as of September 4, 2026.

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

0.53%

Distribution frequency

Quarterly

Trailing yield

0.72%

Last close

$46.28

NAV

$46.11

Premium / discount

0.37% premium

AUM

$12,718,600

Average volume

19.0

Last dividend

$0.061

Last ex-dividend date

06/22/2026

Last payment date

06/26/2026

Beta

1.0111

P/E ratio

15.3665

How Dividend Vision calculates yield and returns

Distribution rate (0.53%) 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 (0.72%) 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. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. 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. Figures below use Dividend Vision data as of September 4, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of September 4, 2026.

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.