RNRG


Renewable Energy Producers ETF

Fund 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.

Morningstar Rating Overall rating out of 57 Utilities funds, based on risk-adjusted returns as of 06/30/2021

Fund 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.

Why RNRG?

High Growth Potential

RNRG enables investors to access high growth potential through companies at the leading edge of a structural shift in global energy production.

Invest in Renewables

RNRG is a targeted, thematic play on renewable energy producers.

Conscious Approach

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

Fund Details As of 09/24/21

Key Facts

Ticker RNRG
Inception Date 05/27/15
CUSIP 37954Y707
ISIN US37954Y7076
Bloomberg Index Ticker IYLCOREC
Primary Exchange Nasdaq
Number of Holdings 44

Stats & Fees

Net Assets $141,016,466
Net Asset Value (NAV) $16.13
Shares Outstanding 8,740,000
Total Expense Ratio 0.65%

Distributions

30-Day SEC Yield 1.34%
Distribution Frequency Semi-Annually

Fund Prices As of 09/24/21

NAV $16.13 Daily Change -$0.24 -1.49%
Market Price $16.15 Daily Change -$0.22 -1.34%
30-Day Median Bid-Ask Spread 0.37%

Performance History

As of recent
(06/30/21)
As of recent
(06/30/21)
Fund NAV Market Price Index
1 Year 20.84% 20.64% 21.46%
3 Years 15.01% 15.26% 15.55%
5 Years 12.25% 12.20% 12.76%
Since Inception 5.40% 5.39% 5.80%
1 Year 12.93% 12.68% 13.49%
3 Years 14.29% 14.58% 14.88%
5 Years 11.65% 11.55% 12.15%
Since Inception 5.44% 5.44% 5.84%
Year-to-Date -9.43% -9.97% -9.14%
1 Month 2.77% 2.71% 2.56%
3 Months 2.97% 2.83% 3.13%
Since Inception 37.78% 37.74% 41.02%
Year-to-Date -8.42% -8.92% -8.04%
1 Month 1.17% 0.98% 1.21%
3 Months 3.91% 3.91% 3.79%
Since Inception 39.31% 39.35% 42.72%

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.

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 of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.

Fund Characteristics As of 09/24/21

Return on Equity 7.80%
Weighted Avg. Market Cap 11,822 M
2020 2021
Price-to-earnings 34.23 27.87
Price-to-book value 2.20 2.15

Source: AltaVista Research, LLC

Fund Risk Stats As of 09/24/21

Versus Beta
S&P 500 0.73
MSCI EAFE 0.77
MSCI Emg. Mkts 0.70
Standard Deviation 18.60%

Source: AltaVista Research, LLC

Sector Breakdown As of 08/31/21

% of Net Assets
Utilities 89.9
Industrials 6.5
Materials 2.3
Energy 1.3

Source: AltaVista Research, LLC

Country Breakdown As of 08/31/21

% of Net Assets
United States 12.8
New Zealand 10.2
Canada 8.9
Brazil 8.6
Spain 7.4
Austria 6.6
Denmark 6.3
Thailand 6.1
Bermuda 5.7
China 5.2
France 4.3
Other/Cash 17.9

Source: AltaVista Research, LLC

Top Holdings As of 09/24/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
6.40 VER AV VERBUND AG 4661607 102.96 87,634 9,022,898.14
6.38 EDPR PL EDP RENOVAVEIS SA B39GNW2 25.96 346,514 8,994,459.82
5.71 ORSTED DC ORSTED A/S BYT16L4 142.47 56,502 8,049,717.05
5.34 BEP-U CN BROOKFIELD RENEW B712JY0 38.10 197,691 7,532,716.85
4.83 ELET3 BZ ELETROBRAS 2311120 7.35 927,175 6,812,251.62
4.75 MEL NZ MERIDIAN ENERGY LTD BWFD052 3.64 1,840,798 6,704,312.77
4.48 RUN SUNRUN INC BYXB1Y8 43.02 146,689 6,310,560.78
3.94 916 HK CHINA LONGYUAN-H B4Q2TX3 2.31 2,403,300 5,556,727.32
3.77 NPI CN NORTHLAND POWER INC B68XHC3 32.78 162,088 5,313,146.85
3.62 EA-R TB ENERGY ABSOLUTE PCL-NVDR B9L4K92 1.90 2,683,902 5,106,619.58
3.17 MCY NZ MERCURY NZ LTD B8W6K56 4.55 980,494 4,463,783.13
3.03 NEP NEXTERA ENERGY P BNGY4Q0 78.30 54,626 4,277,215.80
2.96 EGIE3 BZ ENGIE BRASIL ENERGIA SA BD1WX84 7.13 584,018 4,166,528.12
2.48 HYDR RM RUSHYDRO PJSC B58HDC0 0.01 314,735,042 3,500,213.45
2.32 ERG IM ERG SPA 5337093 30.45 107,527 3,274,729.42
2.28 CEN NZ CONTACT ENERGY LTD 6152529 5.80 555,202 3,219,779.63
2.28 NEOEN FP NEOEN SA BGV7F95 42.00 76,561 3,215,899.19
2.12 3868 HK XINYI ENERGY HOLDINGS LTD BGSN864 0.59 5,084,900 2,984,951.03
2.07 RNW CN TRANSALTA RENEWABLES INC BCZLSL8 15.28 190,951 2,917,578.48
2.02 AY ATLANTICA SUSTAI BLP5YB5 35.76 79,808 2,853,934.08
1.93 ORA ORMAT TECHNOLOGIES INC B03L311 68.10 40,044 2,726,996.40
1.90 9519 JP RENOVA INC BD71KT5 48.06 55,801 2,681,552.96
1.63 SCATC NO Scatec ASA BQSSWW3 20.23 113,567 2,297,029.77
1.58 BLX CN BORALEX INC -A 2099084 30.29 73,343 2,221,604.93
1.45 INE CN INNERGEX RENEWABLE ENERGY B29TNV3 16.36 124,915 2,043,383.91
1.36 DRX LN DRAX GROUP PLC B1VNSX3 6.74 284,616 1,918,121.04
1.33 ECV GR ENCAVIS AG 5491966 18.89 99,462 1,879,213.40
1.24 EVA ENVIVA PARTNERS LP BWXV3D7 54.46 32,118 1,749,146.28
1.21 FKR IM FALCK RENEWABLES SPA 7315440 8.23 207,967 1,712,514.65
1.19 VLTSA FP VOLTALIA SA- REGR BNLPTL8 24.72 68,100 1,683,116.24
1.18 1407 JP WEST HOLDINGS CORP B0YQ5X1 50.68 32,812 1,662,755.25
1.14 REGI RENEWABLE ENERGY B7577T2 47.23 34,057 1,608,512.11
1.10 SLR SM SOLARIA ENERGIA B1YVKJ4 17.35 89,222 1,548,310.84
1.10 ENRG IT ENERGIX-RENEWAB B469X43 4.44 347,606 1,543,466.29
1.05 ENLT IT ENLIGHT RENEWABL 6767677 2.26 655,095 1,478,367.92
0.79 TENERGY GA TERNA ENERGY SA B28XVV2 13.56 82,584 1,120,183.10
0.68 ABIO FP ALBIOMA SA B188CY0 42.57 22,671 965,028.51
0.66 GEVO GEVO INC BGDLVV9 6.59 141,017 929,302.03
0.65 GUNKUL-R TB GUNKUL ENG -NVDR B4TSK68 0.14 6,324,105 913,159.48
0.63 OMGE3 BZ OMEGA GERACAO SA BF2VKB6 6.34 139,814 885,882.83
0.61 ACE-R TB ABSOLUTE CLEAN-R BKFBJ66 0.12 7,242,189 862,722.97
0.55 BCPG-R TB BCPG PCL-NVDR BD3RR63 0.41 1,880,131 774,845.29
0.50 AZRE AZURE POWER GLOBAL LTD BDG16Z4 20.49 34,261 702,007.89
0.42 SUPER-R TB SUPER ENERGY C-R B07CXZ4 0.03 20,279,842 585,655.36
0.17 CASH 1.00 245,594 245,563.53
Holdings are subject to change.


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The Morningstar Ratingfor funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales load. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three- year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

As of 6/30, RNRG was rated against the following numbers of Utilities funds over the following time periods: 57 during the last 3 years, 54 during the last 5 years. With respect to these Utilities funds, RNRG received a Morningstar Rating of 5 stars, for both periods. Past performance is not indicative of future results.

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.