{
  "page": "compare",
  "query": {
    "a": "PWER",
    "b": "FCG"
  },
  "retrieved_at": "2026-07-07T15:23:40+00:00",
  "disclaimer": "Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them.",
  "attribution": "Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC.",
  "terms": {
    "notice": "Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed.",
    "url": "https://fundwatcher.app/terms/"
  },
  "fund_a": {
    "name": "Nomura Energy Transition ETF",
    "ticker": "PWER",
    "slug": "PWER",
    "series_id": "S000082263",
    "html_url": "https://fundwatcher.app/funds/PWER/"
  },
  "fund_b": {
    "name": "First Trust Natural Gas ETF",
    "ticker": "FCG",
    "slug": "FCG",
    "series_id": "S000017177",
    "html_url": "https://fundwatcher.app/funds/FCG/"
  },
  "overlap": {
    "coverage_a_by_b": "0.2119831467721993152351680088",
    "coverage_b_by_a": "0.2119831467721993152351680088",
    "shared_count": 6,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-03-31"
    },
    "a_top": [
      {
        "name": "ALCOA CORP",
        "value": "580652.82",
        "weight": "0.05170929",
        "shared": false
      },
      {
        "name": "STEEL DYNAMICS INC",
        "value": "572580.00",
        "weight": "0.05099037",
        "shared": false
      },
      {
        "name": "HUDBAY MINERALS",
        "value": "571815.76",
        "weight": "0.05092231",
        "shared": false
      },
      {
        "name": "ERO COPPER CORP",
        "value": "569040.89",
        "weight": "0.05067520",
        "shared": false
      },
      {
        "name": "CONOCOPHILLIPS",
        "value": "517308.00",
        "weight": "0.04606820",
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      },
      {
        "name": "VALERO ENERGY CORP",
        "value": "499348.68",
        "weight": "0.04446885",
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      },
      {
        "name": "EOG RESOURCES INC",
        "value": "444263.61",
        "weight": "0.03956332",
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      },
      {
        "name": "SHELL PLC SPONS ADR",
        "value": "433101.00",
        "weight": "0.03856925",
        "shared": false
      },
      {
        "name": "ARC RESOURCES LTD",
        "value": "432283.37",
        "weight": "0.03849644",
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      },
      {
        "name": "FIRST SOLAR INC",
        "value": "431210.36",
        "weight": "0.03840088",
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      },
      {
        "name": "EQT CORPORATION",
        "value": "410923.48",
        "weight": "0.03659426",
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      },
      {
        "name": "WHEATON PRECIOUS METALS CORP",
        "value": "397484.34",
        "weight": "0.03539745",
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      },
      {
        "name": "HF SINCLAIR CORP",
        "value": "386755.61",
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      },
      {
        "name": "EXPAND ENERGY CORP",
        "value": "362932.68",
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      },
      {
        "name": "ARCOSA INC",
        "value": "353340.06",
        "weight": "0.03146624",
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      },
      {
        "name": "PERMIAN RESOURCES CORP CL A",
        "value": "347558.64",
        "weight": "0.03095139",
        "shared": true
      },
      {
        "name": "VALTERRA PLATINU",
        "value": "343257.13",
        "weight": "0.03056832",
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      },
      {
        "name": "BAKER HUGHES CO",
        "value": "341513.70",
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      },
      {
        "name": "GENERAC HOLDINGS INC",
        "value": "323857.14",
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      {
        "name": "TECK RESOURCES-B",
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        "name": "CHORD ENERGY CORP",
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      {
        "name": "GE VERNOVA LLC",
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      {
        "name": "Invesco Government & Agency Portfolio, Institutional Class",
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      {
        "name": "ANGLO AMER PLC",
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      {
        "name": "CAMECO CORP",
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      },
      {
        "name": "COEUR MINING INC",
        "value": "210580.63",
        "weight": "0.01875299",
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      },
      {
        "name": "METHANEX CORP",
        "value": "210176.20",
        "weight": "0.01871697",
        "shared": false
      },
      {
        "name": "TIMKENSTEEL CORP",
        "value": "207697.74",
        "weight": "0.01849625",
        "shared": false
      },
      {
        "name": "NEXANS SA",
        "value": "167204.22",
        "weight": "0.01489016",
        "shared": false
      },
      {
        "name": "JOHNSON MATTHEY PLC COMMON STOCK",
        "value": "135536.72",
        "weight": "0.01207005",
        "shared": false
      },
      {
        "name": "VISTRA CORP",
        "value": "133042.05",
        "weight": "0.01184789",
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      },
      {
        "name": "MP MATERIALS CORP",
        "value": "87881.46",
        "weight": "0.00782617",
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      },
      {
        "name": "CONSTELLATION ENERGY CORP",
        "value": "76235.25",
        "weight": "0.00678903",
        "shared": false
      },
      {
        "name": "FX Spot Contract: EUR/USD SETTLE 2026-01-05",
        "value": "8.62",
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      }
    ],
    "b_top": [
      {
        "name": "OCCIDENTAL PETROLEUM CORP",
        "value": "39615615.00",
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        "shared": false
      },
      {
        "name": "EOG RESOURCES INC",
        "value": "39307571.01",
        "weight": "0.04492730",
        "shared": true
      },
      {
        "name": "CONOCOPHILLIPS",
        "value": "39250992.00",
        "weight": "0.04486264",
        "shared": true
      },
      {
        "name": "DIAMONDBACK ENERGY INC",
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        "weight": "0.04081042",
        "shared": false
      },
      {
        "name": "DEVON ENERGY CORP",
        "value": "35260331.04",
        "weight": "0.04030144",
        "shared": false
      },
      {
        "name": "APA CORP",
        "value": "34874942.68",
        "weight": "0.03986095",
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      },
      {
        "name": "EQT CORPORATION",
        "value": "34478561.00",
        "weight": "0.03940790",
        "shared": true
      },
      {
        "name": "HESS MIDSTREAM LP - CLASS A COMMON STOCK",
        "value": "33902686.09",
        "weight": "0.03874969",
        "shared": false
      },
      {
        "name": "WESTERN MIDSTREAM PARTNERS LP MLP",
        "value": "33396239.43",
        "weight": "0.03817084",
        "shared": false
      },
      {
        "name": "COTERRA ENERGY INC",
        "value": "32915919.12",
        "weight": "0.03762185",
        "shared": false
      },
      {
        "name": "PERMIAN RESOURCES CORP CL A",
        "value": "32322910.88",
        "weight": "0.03694406",
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      },
      {
        "name": "ANTERO RESOURCES",
        "value": "30904892.88",
        "weight": "0.03532331",
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      },
      {
        "name": "OVINTIV INC",
        "value": "30366854.56",
        "weight": "0.03470835",
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      },
      {
        "name": "EXPAND ENERGY CORP",
        "value": "30086855.70",
        "weight": "0.03438832",
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      {
        "name": "SM ENERGY CO",
        "value": "27411865.82",
        "weight": "0.03133089",
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      },
      {
        "name": "RANGE RESOURCES CORP",
        "value": "26302395.42",
        "weight": "0.03006280",
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      {
        "name": "MATADOR RESOURCES COMPANY",
        "value": "26131500.72",
        "weight": "0.02986747",
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      },
      {
        "name": "WOODSIDE ENERGY GROUP LTD ADR",
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        "weight": "0.02956407",
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      },
      {
        "name": "CHORD ENERGY CORP",
        "value": "24253917.48",
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      {
        "name": "MURPHY OIL CORP",
        "value": "21852806.25",
        "weight": "0.02497706",
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      },
      {
        "name": "USD/SEK FORWARD",
        "value": "21635298.00",
        "weight": "0.02472846",
        "shared": false
      },
      {
        "name": "CNX RESOURCES CORP",
        "value": "21321580.95",
        "weight": "0.02436989",
        "shared": false
      },
      {
        "name": "NATL FUEL GAS CO",
        "value": "20036312.28",
        "weight": "0.02290087",
        "shared": false
      },
      {
        "name": "BAYTEX ENERGY CO",
        "value": "19367222.64",
        "weight": "0.02213612",
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      },
      {
        "name": "COMSTOCK RESOURCES INC",
        "value": "16891340.76",
        "weight": "0.01930627",
        "shared": false
      },
      {
        "name": "MAGNOLIA OIL and GAS CORPO CL A",
        "value": "15733288.34",
        "weight": "0.01798265",
        "shared": false
      },
      {
        "name": "GULFPORT ENERGY CORP",
        "value": "14992908.05",
        "weight": "0.01713642",
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      },
      {
        "name": "CRESCENT ENERGY INC A",
        "value": "13912236.00",
        "weight": "0.01590124",
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      },
      {
        "name": "NORTHERN OIL AND GAS INC",
        "value": "13709776.13",
        "weight": "0.01566984",
        "shared": false
      },
      {
        "name": "VERMILION ENERGY",
        "value": "13008843.64",
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      },
      {
        "name": "KOSMOS ENERGY LTD",
        "value": "11028251.66",
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      },
      {
        "name": "DIVERSIFIED ENER",
        "value": "10543613.60",
        "weight": "0.01205101",
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      },
      {
        "name": "BKV CORPORATION",
        "value": "10097192.28",
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      },
      {
        "name": "NEW ERA HELIUM INC",
        "value": "6554886.24",
        "weight": "0.00749203",
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      },
      {
        "name": "VITESSE ENERGY INC",
        "value": "6084744.08",
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      },
      {
        "name": "RILEY EXPLORATION PERMIAN INC",
        "value": "5840675.10",
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      },
      {
        "name": "SANDRIDGE ENERGY INC",
        "value": "5159766.36",
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      },
      {
        "name": "ZAR/USD FORWARD",
        "value": "3363862.00",
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        "shared": false
      },
      {
        "name": "PRIMEENERGY RESOURCES CORP",
        "value": "3363052.55",
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      },
      {
        "name": "OBSIDIAN ENERGY LTD",
        "value": "3345135.45",
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      },
      {
        "name": "GRANITE RIDGE RESOURCES INC",
        "value": "2144586.89",
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      },
      {
        "name": "MSILF Treasury Portfolio, Class Institutional",
        "value": "1382457.34",
        "weight": "0.00158010",
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      },
      {
        "name": "W&T OFFSHORE INC",
        "value": "1189408.00",
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    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0002071691-26-012289",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1969995/000207169126012289/0002071691-26-012289-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0000940400-26-021506",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1329377/000094040026021506/0000940400-26-021506-index.htm"
    }
  ]
}