Macquarie ETF (PWER) Performance
PWER total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +24.5% since Dec 31, 2025
- 1 year
- +32.3% total return
- Since first price
- +78.3% since 2023
PWER trailing returns vs SPY, QQQ, AGG
| Period | PWER total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.0% | −2.0% | −1.0% | −5.0% | +0.9% |
| 3 months | +4.8% | +4.3% | +3.2% | +1.9% | −0.4% |
| 6 months | +3.7% | +3.0% | +7.8% | +8.4% | −1.5% |
| YTD | +24.5% | +23.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +32.3% | +30.7% | +14.4% | +15.9% | −1.1% |
| Since inceptionNov 29, 2023 | +78.3% | +72.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: PWER vs SPY
From Nov 29, 2023: PWER grew to $17,828, SPY to $17,334.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
PWER returns by calendar year
1 of 2 full years positive. Best 2025 (+35.3%), worst 2024 (−3.5%). 2026 is year to date.
PWER annual returns table
| Year | PWER | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +24.5% | −13.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +35.3% | −24.4% | +17.7% | +20.8% | +7.2% |
| 2024 | −3.5% | −15.9% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
PWER largest drawdowns
Now 7.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| May 28, 2024 | −29.7% | Apr 8, 2025 | Aug 22, 2025 | 10 months | 1.2 years |
| Jun 2, 2026 | −13.7% | Jul 8, 2026 | Aug 21, 2026 | 36 days | 3 months |
| Dec 26, 2023 | −12.7% | Feb 5, 2024 | Apr 3, 2024 | 41 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
PWER risk statistics
| Statistic | Since 2023 |
|---|---|
| Annualized return | +22.2% |
| Volatility (annualized) | 20.6% |
| Sharpe ratio | 0.87 |
| Sortino ratio | 1.40 |
| Best month | +10.0% |
| Worst month | −10.9% |
| Best 12 months | +81.6% |
| Worst 12 months | −13.7% |
| Positive months | 65% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
PWER rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 24 | −13.7% | +18.9% | +81.6% | 83% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
PWER performance overview
Macquarie ETF (PWER) returned +32.3% over the past year, with distributions reinvested. Since its first recorded price on Nov 29, 2023 it has returned +78.3%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −29.7%, from May 28, 2024 to Apr 8, 2025, and it took 4 months to get back to the old high. Volatility has been 20.6% a year.
Related: PWER chart, PWER holdings, PWER dividends, PWER valuation. See the PWER overview for the latest quote and fund facts.
PWER performance FAQ
What is the PWER return over the past year?
PWER returned +32.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 30.7%.
How much would $10,000 invested in PWER be worth?
$10,000 invested in PWER at its first recorded close on November 29, 2023 would be worth about $17,828 on October 23, 2026 with distributions reinvested.
What was the worst year for PWER?
The worst calendar year was 2024, with a total return of −3.5%. The best was 2025 at +35.3%.
What is the biggest drawdown of PWER?
The largest peak-to-trough decline was −29.7% between May 28, 2024 and April 8, 2025. It recovered to the old high on August 22, 2025, 4 months after the bottom.
How volatile is PWER?
Over the past history PWER had an annualized volatility of 20.6% and a Sharpe ratio of 0.87 (excess return over 1–3 month T-bills per unit of risk).