First Trust EIP Power Solutions ETF
First Trust EIP Power Solutions ETF (AMEX: FPWR) is an exchange-traded fund listed on NYSE Arca, trading at $34.45 (about ₹3,303 a unit) as of 25 Sep 2026, 3:45 PM ET. It has an expense ratio of 0.96% and holds 58 securities. Indian residents can buy FPWR through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$34.35
Today's high
$34.49
52 week low
$32.69
52 week high
$38.28
FPWR opened at $34.49, closed previously at $34.57, and has traded between $32.69 and $38.28 over the past 52 weeks.
About
First Trust Exchange-Traded Fund IV - First Trust EIP Power Solutions ETF is an exchange traded fund launched and managed by First Trust Advisors LP. It is co-managed by Energy Income Partners LLC. The fund invests in public equity markets. The fund invests in stocks of companies operating across energy, energy equipment services, utilities, independent power and renewable electricity producer, renewable electricity, oil, gas and consumable fuels, coal, uranium ores, oil and gas refining and marketing, petroleum and petroleum products, crude petroleum and natural gas, natural gas liquids, fugitive methane mitigation and management, nuclear power life-extension and small modular reactors, exploration, development, production, gathering, transportation, processing, storing, refining, distribution, mining or marketing of hydrogen or other energy sources energy storage or carbon and carbon dioxide sectors. It invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that directly promote environmental responsibility. It employs fundamental and quantitative analysis to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the S&P 500 Index and the PHLX Utility Sector Index. The fund does not invest in stocks of companies operating across coal production, oil exploration and production, crude oil storage, transportation and delivery sectors. First Trust Exchange-Traded Fund IV - First Trust EIP Power Solutions ETF was formed on August 19, 2019 and is domiciled in the United States.
Key statistics
Expense ratio
0.96%
Assets (AUM)
$29.3M
Holdings
58
NAV
$34.52
Avg. volume
—
1-year price change
+3.86%
5-year price change
+48.56%
Price change excludes dividends.
Top 10 holdings
FPWR holds 58 securities in total. These 10 are 35.5% of the fund.
Where the money is invested
Sectors
Countries
How to buy FPWR from India
Indian residents can buy FPWR units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search FPWR and buy
Find the fund by its ticker, FPWR, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in FPWR from India
Trading and taxes when buying FPWR from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the FPWR price today?
First Trust EIP Power Solutions ETF (FPWR) last traded at $34.45 on NYSE Arca, as of 25 Sep 2026, 3:45 PM ET. That is ₹3,303 a unit at the 26 Sep 2026 USD/INR rate.
When does FPWR trade, in Indian time?
NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is FPWR, and what does it cost to hold?
First Trust EIP Power Solutions ETF manages about $29.3M. Its expense ratio is 0.96% a year, deducted inside the fund. It launched in 2019.
What are FPWR's largest holdings?
The top three are Energy Transfer LP (5.2%), Enterprise Products Partners L.P. (4.9%) and National Fuel Gas Company (3.8%). FPWR's 10 largest positions make up 35.5% of the fund.
Does FPWR pay dividends?
Yes. FPWR is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.
How are gains on FPWR taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of FPWR?
Yes. You can buy FPWR by amount rather than by whole unit, and there is no minimum trade size.
How has FPWR performed?
FPWR's price is up 3.9% over the past year and up 48.6% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.