RNRG


Renewable Energy Producers ETF

Reasons to Consider RNRG

High Growth Potential

Cumulative investment across carbon capture technologies could reach $154bn by 2050, highlighting just one of several growth opportunities for this theme.1

Compelling Economics

The cost of generating electricity from renewables plunged over the past decade, making many use cases competitive or even cheaper than fossil fuel equivalents.2

Conscious Approach

RNRG incorporates the Environmental, Social & Governance (ESG) proxy voting guidelines from Glass Lewis.

1International Energy Agency, May 2021
2International Energy Agency, Apr 2021

Key Information As of 12/01/22

Inception Date 05/27/15
Total Expense Ratio 0.65%
Net Assets $95.09 million
NAV $14.01
Fact Sheet

ETF Summary

The Global X Renewable Energy Producers ETF (RNRG) seeks to invest in companies that produce energy from renewable sources including wind, solar, hydroelectric, geothermal, and biofuels.

ETF Objective

The Global X Renewable Energy Producers ETF (RNRG) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Renewable Energy Producers Index.

Trading Details As of 12/01/22

Ticker RNRG
Bloomberg Index Ticker IYLCOREC
CUSIP 37954Y707
ISIN US37954Y7076
Primary Exchange Nasdaq
Shares Outstanding 6,790,000
Number of Holdings 47
30-Day Median Bid-Ask Spread 0.59%

Distributions As of 12/01/22

30-Day SEC Yield 2.14%
Distribution Frequency Semi-Annually

ETF Prices As of 12/01/22

NAV $14.01 Daily Change $0.24 1.75%
Market Price $13.98 Daily Change $0.16 1.16%

Performance History

As of recent
(09/30/22)
As of recent
(09/30/22)
Fund NAV Market Price Index
1 Year -16.86% -16.97% -16.56%
3 Years -0.06% -0.32% 0.33%
5 Years 3.63% 3.45% 4.12%
Since Inception 1.37% 1.30% 1.76%
1 Year -21.57% -21.56% -21.30%
3 Years 0.26% 0.13% 0.63%
5 Years 3.87% 3.92% 4.27%
Since Inception 1.53% 1.53% 1.92%
Year-to-Date -17.18% -17.40% -16.95%
1 Month -13.03% -13.25% -13.01%
3 Months -8.85% -9.39% -8.38%
Since Inception 10.52% 9.99% 13.66%
Year-to-Date -16.09% -15.92% -15.82%
1 Month 1.32% 1.79% 1.35%
3 Months -14.54% -14.86% -14.32%
Since Inception 11.98% 11.97% 15.19%

The Fund name, investment objective, and investment strategies changed effective November 19, 2018. Index performance reflects the performance of the Indxx Global YieldCo Index through November 16, 2018, and the Indxx YieldCo & Renewable Energy Income Index thereafter. Subsequently, the Fund and index name changed to the Global X Renewable Energy Producers ETF (RNRG) and the Indxx Renewable Energy Producers Index, respectively, effective February 1, 2021.

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 12/01/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
6.75 ELET3 BZ ELETROBRAS 2311120 8.89 721,579 6,413,973.72
6.19 EDPR PL EDP RENOVAVEIS SA B39GNW2 23.71 248,318 5,887,595.54
5.86 EA-R TB ENERGY ABSOLUTE PCL-NVDR B9L4K92 2.78 2,003,263 5,570,984.47
5.31 ORSTED DC ORSTED A/S BYT16L4 93.56 54,005 5,052,533.86
5.28 VER AV VERBUND AG 4661607 90.92 55,200 5,018,655.43
4.58 MEL NZ MERIDIAN ENERGY LTD BWFD052 3.15 1,384,332 4,356,215.44
4.45 BEP-U CN BROOKFIELD RENEW B712JY0 28.65 147,756 4,232,602.35
3.78 NEP NEXTERA ENERGY P BNGY4Q0 79.68 45,070 3,591,177.60
3.70 RUN SUNRUN INC BYXB1Y8 31.16 112,848 3,516,343.68
3.65 NPI CN NORTHLAND POWER INC B68XHC3 27.89 124,301 3,467,229.20
3.57 EGIE3 BZ ENGIE BRASIL ENERGIA SA BD1WX84 7.75 438,174 3,397,215.07
2.84 ORA ORMAT TECHNOLOGIES INC B03L311 89.67 30,121 2,700,950.07
2.77 VBK GR VERBIO VEREINI B1FQQK1 77.34 34,052 2,633,503.21
2.76 MCY NZ MERCURY NZ LTD B8W6K56 3.54 742,158 2,626,463.02
2.72 ERG IM ERG SPA 5337093 32.00 80,729 2,583,707.26
2.48 NEOEN FP NEOEN SA BGV7F95 40.90 57,747 2,361,691.89
2.27 916 HK CHINA LONGYUAN-H B4Q2TX3 1.20 1,794,600 2,161,640.57
2.16 EVA ENVIVA INC BP830S3 57.25 35,802 2,049,664.50
2.13 CEN NZ CONTACT ENERGY LTD 6152529 4.82 419,263 2,021,111.47
1.93 ECV GR ENCAVIS AG 5491966 21.21 86,491 1,834,830.73
1.78 AY ATLANTICA SUSTAI BLP5YB5 27.64 61,282 1,693,834.48
1.71 DRX LN DRAX GROUP PLC B1VNSX3 7.56 215,211 1,627,546.39
1.66 BLX CN BORALEX INC -A 2099084 28.68 55,171 1,582,065.76
1.61 RNW CN TRANSALTA RENEWABLES INC BCZLSL8 10.67 143,345 1,529,568.38
1.44 INE CN INNERGEX RENEWABLE ENERGY B29TNV3 12.49 109,626 1,369,763.79
1.42 NOVA SUNNOVA ENERGY I BJ9N563 21.97 61,555 1,352,363.35
1.34 TENERGY GA TERNA ENERGY SA B28XVV2 20.47 62,214 1,273,494.70
1.32 3868 HK XINYI ENERGY HOLDINGS LTD BGSN864 0.32 3,918,600 1,259,352.10
1.28 SLR SM SOLARIA ENERGIA B1YVKJ4 18.18 67,103 1,220,169.69
1.23 ENLT IT ENLIGHT RENEWABL 6767677 2.30 507,715 1,166,123.51
1.10 ENRG IT ENERGIX-RENEWAB B469X43 3.80 276,332 1,050,063.23
0.93 RNW RENEW ENERGY GLOBAL PLC-A BNQMPN8 5.85 151,695 887,415.75
0.88 9519 JP RENOVA INC BD71KT5 19.69 42,422 835,145.09
0.83 1407 JP WEST HOLDINGS CORP B0YQ5X1 32.55 24,309 791,343.52
0.81 SCATC NO Scatec ASA BQSSWW3 9.16 83,923 769,075.73
0.77 GUNKUL-R TB GUNKUL ENG -NVDR B4TSK68 0.15 4,713,984 727,924.32
0.68 AESB3 BZ AES BRASIL ENERGIA BMYVVL0 2.01 319,558 642,652.75
0.66 GVOLT PL GREENVOLT-ENERGI BMFBLL9 8.55 73,359 626,960.55
0.61 MEGA3 BZ OMEGA ENERGIA SA BLGSDH2 1.94 300,362 582,040.78
0.47 BCPG-R TB BCPG PCL-NVDR BD3RR63 0.29 1,531,616 451,119.38
0.44 182 HK CONCORD NE BVXTWR1 0.09 4,720,200 418,683.38
0.43 ACE-R TB ABSOLUTE CLEAN-R BKFBJ66 0.08 5,381,844 412,449.01
0.39 1798 HK CHINA DATANG C-H B4YX1N2 0.28 1,311,000 372,452.76
0.31 SUPER-R TB SUPER ENERGY C-R B07CXZ4 0.02 15,556,892 298,058.84
0.27 GEVO GEVO INC BGDLVV9 2.11 123,122 259,787.42
0.25 CASH 1.00 240,831 241,217.11
0.19 AZRE AZURE POWER GLOBAL LTD BDG16Z4 5.22 33,683 175,825.26
0.00 HYDR RM RUSHYDRO PJSC B58HDC0 0.00 271,804,543 44.09
Holdings are subject to change.

Sector Breakdown As of 10/31/22

Sector Weight (%)
Utilities 91.4
Energy 3.3
Industrials 2.9
Materials 2.4

Source: AltaVista Research, LLC

Country Breakdown As of 10/31/22

Country Weight (%)
United States 13.7
Brazil 12.9
New Zealand 9.3
Canada 8.9
Thailand 7.7
Spain 7.1
Denmark 5.0
Austria 4.9
Germany 4.9
Bermuda 4.8
China 3.8
Other/Cash 17.0

Source: AltaVista Research, LLC

ETF Characteristics As of 12/01/22

Return on Equity 8.50%
Weighted Avg. Market Cap 7,604 M
2021 2022
Price-to-earnings 32.33 24.23
Price-to-book value 2.08 2.04

Source: AltaVista Research, LLC

ETF Risk Stats As of 11/30/22

Versus Beta
S&P 500 0.82
MSCI EAFE 0.82
MSCI Emg. Mkts 0.70
Standard Deviation 22.70%

Source: AltaVista Research, LLC

ETF Research

Investing involves risk, including the possible loss of principal. Investments in smaller companies typically exhibit higher volatility. The value of securities issued by companies in the energy sector may decline for many reasons, including, without limitation, changes in energy prices; international politics; energy conservation; the success of exploration projects; natural disasters or other catastrophes; changes in exchange rates, interest rates, or economic conditions; changes in demand for energy products and services; and tax and other government regulatory policies. RNRG is non-diversified.

Investments in yieldcos involve risks that differ from investments in traditional operating companies, including risks related to the relationship between the yieldco and the company responsible for the formation of the yieldco. Yieldco securities can be affected by expectations of interest rates, investor sentiment towards yieldcos or the energy sector.

Yieldcos may distribute all or substantially all of the cash available for distribution, which may limit new acquisitions and future growth. Yieldcos may finance its growth strategy with debt, which may increase the yieldco’s leverage and the risks associated with the yieldco. The ability of a yieldco to maintain or grow its dividend distributions may depend on the entity’s ability to minimize its tax liabilities through the use of accelerated depreciation schedules, tax loss carryforwards, and tax incentives.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Indxx, nor does Indxx make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with Indxx.

RNRG traded under the ticker YLCO from inception until February 1, 2021.

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