AAII ETF Evaluator

ETF Evaluator: iShares U.S. Power Infrastructure ETF () Follow This ETF

Equity
Global Asset Class
Sector Equity
Fund Group
Infrastructure
Category
$26.010
Last Trade
(as of Aug 26)
$ 451 Mil
Share Class Assets
1.62%
TTM Yield
$28.440 - $23.180
52-Wk High-Low Range
0.39% A
Expense Ratio
90%
Portfolio Turnover
258 (k)
Avg. Daily Trading Vol.

Best Performing in Infrastructure Over the Last Year

30.0% Themes US Infrastructure ETF ()
27.5% First Trust NASDAQ® Cln Edge®StGidIfsETF (GRID)
25.2% Xtrackers US Green Infras Sel Eq ETF (UPGR)
24.3% Global X US Infrastructure Dev ETF (PAVE)
21.8% iShares US Infrastructure ETF (IFRA)
Data as of 7/31/2026
-6.3% F (NAV)
-6.2% F (Price)
1-Mo Return
-6.2% F (NAV)
-6.1% F (Price)
3-Mo Return
12.2% C (NAV)
12.1% C (Price)
YTD Return
14.5% F (NAV)
15.0% F (Price)
1-Yr Return
7.1% F (NAV)
7.3% F (Price)
3-Yr Return
16.0% A (NAV)
16.0% A (Price)
5-Yr Return
0.87 C
Category
Risk
Index
1.17
Total
Risk
Index

ETF Details

Fund Family
iShares

Inception Date
1/31/2012

Website

Phone
800-474-2737

Primary Benchmark
S&P US TMI TR USD: 100%

Secondary Benchmark
S&P U.S. Power Infra Select TR USD: 100%

Additional Fund Details

iShares U.S. Power Infrastructure ETF Overview

iShares U.S. Power Infrastructure ETF (POWR) is a passively managed Sector Equity Infrastructure exchange-traded fund (ETF). iShares launched the ETF in 2012.

The investment seeks to track the investment results of an S&P U.S. Power Infrastructure Select Index composed of public companies involved in U.S. power infrastructure. The fund seeks to track the investment results of the underlying index, which measures the performance of equity securities of U.S.-domiciled companies involved in U.S. power infrastructure, as determined by S&P Dow Jones Indices LLC (the “index provider” or “SPDJI”). The underlying index is a product of SPDJI, which is independent of the fund and BFA. The fund is non-diversified.

About iShares U.S. Power Infrastructure ETF (POWR)

There are 4 members of the management team with an average tenure of 4.40 years: Jennifer Hsui (2012), Peter Sietsema (2025), Matt Waldron (2025) and Steven White (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: S&P US TMI TR USD index with a weighting of 100% and S&P U.S. Power Infra Select TR USD index with a weighting of 100%. iShares U.S. Power Infrastructure ETF has 74 securities in its portfolio. The top 10 holdings constitute 47.8% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

iShares U.S. Power Infrastructure ETF is part of the Equity global asset class and is within the Sector Equity ETF group. iShares U.S. Power Infrastructure ETF has 3.2% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 96.7% There is 3.2% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). iShares U.S. Power Infrastructure ETF has 0.1% of the portfolio in cash.

Assets Under Management

The fund has $450 million in total assets, which is below the $1 billion average for the Infrastructure category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

POWR Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The iShares U.S. Power Infrastructure ETF expense ratio is below average compared to funds in the Infrastructure category. iShares U.S. Power Infrastructure ETF has an expense ratio of 0.39%, which is 27% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. iShares U.S. Power Infrastructure ETF has a portfolio turnover rate of 90%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 40% for the Infrastructure category.

Recently, in the month of July 2026, iShares U.S. Power Infrastructure ETF returned -6.3%, which earned it a grade of F, as the Infrastructure category had an average return of -2.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

iShares U.S. Power Infrastructure ETF has a trailing yield of 1.62%, which is below the 2.04% category average. The fund normally distributes its income semi-annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

iShares U.S. Power Infrastructure ETF Grades

Year to date, the ETF has returned 12.2%, 1.6 percentage points worse than the category, which translates into a grade of C. The fund has returned 14.5% over the past year (grade of F), 7.1% over the past three years (grade of F) and 16.0% per year over the past five years (grade of A) and 8.0% per year over the past 10 years (grade of D).

For more ETF grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.

Otherwise, for more information about iShares U.S. Power Infrastructure ETF, including its riskiness, submit your email to unlock the rest of the article.


POWR Trailing NAV Total Returns Data as of 7/31/26

Last
Month
Last
Quarter
Ann'l.
1Yr
Ann'l.
3Yr
Ann'l.
5Yr
Ann'l.
10Yr
POWR Return (NAV) -6.3% -6.2% 14.5% 7.1% 16.0% 8.0%
POWR Return (Price) -6.2% -6.1% 15.0% 7.3% 16.0% 8.0%
NAV +/- Price Return -0.112% -0.046% -0.458% -0.147% 0.010% -0.034%
Infrastructure Avg -2.8% -1.9% 18.7% 13.0% 10.2% 9.3%
POWR Grade (NAV) F F F F A D
+/- Category (NAV) -3.5% -4.3% -4.2% -5.8% 5.7% -1.3%
POWR Tax-Cost Ratio na na 1.5% 1.2% 1.1% 1.1%

POWR Annual NAV Total ReturnsData as of 7/31/26

2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
POWR Return (NAV) 12.2% 10.0% -0.9% 4.1% 42.0% 43.2% -29.1% 8.8% -11.6% 8.9% 28.0%
POWR Return (Price) 12.1% 10.8% -1.3% 3.7% 42.5% 42.1% -28.3% 8.4% -11.7% 9.7% 27.9%
NAV +/- Price Ret -0.011% 0.079% 0.385% -0.108% 0.013% -0.025% -0.027% -4.4% 0.6% 9.1% -0.2%
Infrastructure Avg 13.9% 21.7% 7.2% 11.3% -4.1% 20.7% 6.3% 27.8% -11.8% 18.0% 14.9%
POWR Grade (NAV) C F D F A A F F D F A
+/- Category -1.6% -11.6% -8.1% -7.2% 46.0% 22.4% -35.3% -19.0% 0.1% -9.1% 13.1%
Risk Measures
Beta: 0.28
R-Squared: 6%
Standard Deviation: 14.4%
Category Risk Index: 0.87
Category Risk Rating: Average
Total Risk Index: 1.17
Total Risk Rating: Average
Portfolio Characteristics
Yield: 1.6%
Total Assets: $ 451 Mil
Share Class Assets: $ 451 Mil
Turnover: 90.0%
Expense Ratio: 0.39%
Index Fund: Yes
Index Tracked: S&P US TMI TR USD
Index Weighting: 100%
Leveraged: No
Socially Responsible Fund: No
Capital Gains Distribution Frequency:
Income Distribution Frequency: Semi-Annually

Management Team

Number of Managers: 4
Longest Tenure: 13.6 years
Average Tenure: 4.4 years
Managers (Year): Hsui Jennifer (2012), Sietsema Peter (2025), Waldron Matt (2025), White Steven (2025)

Portfolio Composition (as of 7/31/26)

# of Holdings: 74
% in Top 10 Holdings: 47.8%
Fund is Non-Diversified: Yes
% in Foreign Issues: 3.2%
 

Portfolio Allocation

Domestic Stock: 96.7%
Foreign Stock: 3.2%
Preferred Stock: 0.0%
Domestic Bond: 0.0%
Foreign Bond: 0.0%
Convertible Bond: 0.0%
Other: 0.0%
Cash: 0.1%

Purchase Information

Legal Structure: Open Ended Investment Company
Fund Family: iShares
Phone Number: 800-474-2737
Website: ca.ishares.com/home.htm
Inception Date: January 31, 2012

Expenses and Fees

Expense Ratio (%): 0.39% (Rating: Below Avg)
Category Average Expense Ratio (%): 0.53%
Copyright 2026 American Association of Individual Investors and Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.