{
  "page": "compare",
  "query": {
    "a": "PWER",
    "b": "IEO"
  },
  "retrieved_at": "2026-07-07T17:29:26+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": "iShares U.S. Oil & Gas Exploration & Production ETF",
    "ticker": "IEO",
    "slug": "IEO",
    "series_id": "S000009414",
    "html_url": "https://fundwatcher.app/funds/IEO/"
  },
  "overlap": {
    "coverage_a_by_b": "0.2460822967843354443423917006",
    "coverage_b_by_a": "0.2460822967843354443423917006",
    "shared_count": 8,
    "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",
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      },
      {
        "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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        "shared": true
      },
      {
        "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",
        "value": "313879.38",
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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",
        "value": "271117.83",
        "weight": "0.02414405",
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      },
      {
        "name": "ANGLO AMER PLC",
        "value": "268242.43",
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      },
      {
        "name": "CAMECO CORP",
        "value": "238073.12",
        "weight": "0.02120129",
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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",
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      },
      {
        "name": "TIMKENSTEEL CORP",
        "value": "207697.74",
        "weight": "0.01849625",
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      },
      {
        "name": "NEXANS SA",
        "value": "167204.22",
        "weight": "0.01489016",
        "shared": false
      },
      {
        "name": "JOHNSON MATTHEY PLC COMMON STOCK",
        "value": "135536.72",
        "weight": "0.01207005",
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      },
      {
        "name": "VISTRA CORP",
        "value": "133042.05",
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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",
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      },
      {
        "name": "FX Spot Contract: EUR/USD SETTLE 2026-01-05",
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    ],
    "b_top": [
      {
        "name": "CONOCOPHILLIPS",
        "value": "127570872.00",
        "weight": "0.19012010",
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      },
      {
        "name": "EOG RESOURCES INC",
        "value": "61878273.12",
        "weight": "0.09221779",
        "shared": true
      },
      {
        "name": "VALERO ENERGY CORP",
        "value": "59447448.00",
        "weight": "0.08859510",
        "shared": true
      },
      {
        "name": "PHILLIPS 66",
        "value": "47811865.74",
        "weight": "0.07125448",
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      },
      {
        "name": "DIAMONDBACK ENERGY INC",
        "value": "31496079.60",
        "weight": "0.04693891",
        "shared": false
      },
      {
        "name": "DEVON ENERGY CORP",
        "value": "29315878.48",
        "weight": "0.04368974",
        "shared": false
      },
      {
        "name": "MARATHON PETROLEUM CORP",
        "value": "29065477.94",
        "weight": "0.04331656",
        "shared": false
      },
      {
        "name": "EQT CORPORATION",
        "value": "26909092.12",
        "weight": "0.04010288",
        "shared": true
      },
      {
        "name": "COTERRA ENERGY INC",
        "value": "25039463.82",
        "weight": "0.03731655",
        "shared": false
      },
      {
        "name": "EXPAND ENERGY CORP",
        "value": "24558115.34",
        "weight": "0.03659920",
        "shared": true
      },
      {
        "name": "TEXAS PACIFIC LAND CORP",
        "value": "24404248.00",
        "weight": "0.03636989",
        "shared": false
      },
      {
        "name": "OVINTIV INC",
        "value": "15481266.08",
        "weight": "0.02307188",
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      },
      {
        "name": "BlackRock Cash Funds: Institutional, SL Agency Shares",
        "value": "15479419.10",
        "weight": "0.02306913",
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      },
      {
        "name": "PERMIAN RESOURCES CORP CL A",
        "value": "14825629.52",
        "weight": "0.02209478",
        "shared": true
      },
      {
        "name": "APA CORP",
        "value": "14137867.44",
        "weight": "0.02106980",
        "shared": false
      },
      {
        "name": "ANTERO RESOURCES",
        "value": "11683562.24",
        "weight": "0.01741213",
        "shared": false
      },
      {
        "name": "RANGE RESOURCES CORP",
        "value": "10054537.92",
        "weight": "0.01498437",
        "shared": false
      },
      {
        "name": "HF SINCLAIR CORP",
        "value": "9162533.01",
        "weight": "0.01365501",
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      },
      {
        "name": "VIPER ENERGY INC A",
        "value": "8201399.65",
        "weight": "0.01222262",
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      },
      {
        "name": "CHORD ENERGY CORP",
        "value": "7593975.98",
        "weight": "0.01131738",
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      },
      {
        "name": "VENTURE GLOBAL INC",
        "value": "7097988.80",
        "weight": "0.01057820",
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      },
      {
        "name": "MATADOR RESOURCES COMPANY",
        "value": "6932046.42",
        "weight": "0.01033090",
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      },
      {
        "name": "SM ENERGY CO",
        "value": "6628992.72",
        "weight": "0.00987925",
        "shared": false
      },
      {
        "name": "MAGNOLIA OIL and GAS CORPO CL A",
        "value": "5363585.15",
        "weight": "0.00799340",
        "shared": false
      },
      {
        "name": "MURPHY OIL CORP",
        "value": "5198531.25",
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        "shared": false
      },
      {
        "name": "CNX RESOURCES CORP",
        "value": "5154906.00",
        "weight": "0.00768241",
        "shared": false
      },
      {
        "name": "CALIFORNIA RESOU",
        "value": "5108297.56",
        "weight": "0.00761295",
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      },
      {
        "name": "PBF ENERGY INC CL A",
        "value": "3714121.90",
        "weight": "0.00553519",
        "shared": false
      },
      {
        "name": "GULFPORT ENERGY CORP",
        "value": "3111559.99",
        "weight": "0.00463719",
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      },
      {
        "name": "CRESCENT ENERGY INC A",
        "value": "3083427.00",
        "weight": "0.00459526",
        "shared": false
      },
      {
        "name": "PAR PACIFIC HOLDINGS INC",
        "value": "2961118.08",
        "weight": "0.00441298",
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      },
      {
        "name": "NORTHERN OIL AND GAS INC",
        "value": "2865241.52",
        "weight": "0.00427010",
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      },
      {
        "name": "DELEK US HOLDINGS INC",
        "value": "2538432.54",
        "weight": "0.00378305",
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      },
      {
        "name": "CALUMET INC",
        "value": "2160390.20",
        "weight": "0.00321965",
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      },
      {
        "name": "SABLE OFFSHORE CORP",
        "value": "1908852.96",
        "weight": "0.00284478",
        "shared": false
      },
      {
        "name": "TALOS ENERGY INC",
        "value": "1858702.88",
        "weight": "0.00277004",
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      },
      {
        "name": "COMSTOCK RESOURCES INC",
        "value": "1562892.28",
        "weight": "0.00232919",
        "shared": false
      },
      {
        "name": "KOSMOS ENERGY LTD",
        "value": "1505400.58",
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      },
      {
        "name": "REX AMERICAN RESOURCES CORP",
        "value": "1214030.37",
        "weight": "0.00180928",
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      },
      {
        "name": "WORLD KINECT CORP",
        "value": "1206076.53",
        "weight": "0.00179743",
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      },
      {
        "name": "GREEN PLAINS INC",
        "value": "1080797.90",
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      },
      {
        "name": "BKV CORPORATION",
        "value": "977266.32",
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      },
      {
        "name": "CVR ENERGY INC",
        "value": "954684.15",
        "weight": "0.00142277",
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      },
      {
        "name": "BlackRock Cash Funds: Treasury, SL Agency Shares",
        "value": "680010.42",
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      },
      {
        "name": "VAALCO ENERGY INC",
        "value": "621827.20",
        "weight": "0.00092672",
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      },
      {
        "name": "SANDRIDGE ENERGY INC",
        "value": "484553.79",
        "weight": "0.00072214",
        "shared": false
      },
      {
        "name": "VITESSE ENERGY INC",
        "value": "482311.44",
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      },
      {
        "name": "CLEAN ENERGY FUELS CORP",
        "value": "404192.88",
        "weight": "0.00060237",
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      },
      {
        "name": "XAE ENERGY JUN26",
        "value": "24253.94",
        "weight": "0.00003615",
        "shared": false
      }
    ]
  },
  "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": "0001004726-26-003746",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1100663/000100472626003746/0001004726-26-003746-index.htm"
    }
  ]
}