| NAV | $15.77 | Daily Change | -$0.04 | -0.28% |
| Market Price | $15.78 | Daily Change | -$0.05 | -0.32% |
RNRG enables investors to access high growth potential through companies at the leading edge of a structural shift in global energy production.
RNRG is a targeted, thematic play on renewable energy producers.
RNRG incorporates the Environmental, Social & Governance (ESG) proxy voting guidelines from Glass Lewis.
| Inception Date | 05/27/15 |
| Total Expense Ratio | 0.65% |
| Net Assets | $136.90 million |
| NAV | $15.77 |
| Fact Sheet |
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.
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.
| Ticker | RNRG |
| Bloomberg Index Ticker | IYLCOREC |
| CUSIP | 37954Y707 |
| ISIN | US37954Y7076 |
| Primary Exchange | Nasdaq |
| Shares Outstanding | 8,680,000 |
| Number of Holdings | 44 |
| 30-Day Median Bid-Ask Spread | 0.36% |
| 30-Day SEC Yield | 1.65% |
| Distribution Frequency | Semi-Annually |
| NAV | $15.77 | Daily Change | -$0.04 | -0.28% |
| Market Price | $15.78 | Daily Change | -$0.05 | -0.32% |
|
As of recent (09/30/21)
As of recent (09/30/21)
|
Fund NAV | Market Price | Index |
|---|---|---|---|
| 1 Year | 8.87% | 8.44% | 9.43% |
| 3 Years | 12.58% | 12.63% | 13.17% |
| 5 Years | 10.30% | 10.14% | 10.79% |
| Since Inception | 4.59% | 4.53% | 4.99% |
| 1 Year | 15.37% | 15.43% | 15.96% |
| 3 Years | 16.91% | 16.89% | 17.50% |
| 5 Years | 12.58% | 12.39% | 13.09% |
| Since Inception | 5.70% | 5.69% | 6.10% |
| Year-to-Date | -12.61% | -13.41% | -12.24% |
| 1 Month | -4.57% | -4.93% | -4.56% |
| 3 Months | -3.51% | -3.82% | -3.41% |
| Since Inception | 32.94% | 32.48% | 36.21% |
| Year-to-Date | -6.13% | -6.70% | -5.68% |
| 1 Month | 7.41% | 7.75% | 7.47% |
| 3 Months | 3.70% | 3.44% | 3.81% |
| Since Inception | 42.79% | 42.74% | 46.38% |
The Fund name, investment objective, and investment strategies changed effective November 19, 2018. Index performance reflects the performance of the Indxx Global YieldCo Index through November 16, 2018, and the Indxx YieldCo & Renewable Energy Income Index thereafter. Subsequently, the Fund and index name changed to the Global X Renewable Energy Producers ETF (RNRG) and the Indxx Renewable Energy Producers Index, respectively, effective February 1, 2021.
Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 6.62 | VER AV | VERBUND AG | 4661607 | 104.12 | 87,034 | 9,061,755.70 |
| 6.40 | EDPR PL | EDP RENOVAVEIS SA | B39GNW2 | 25.46 | 344,132 | 8,761,920.98 |
| 5.24 | ORSTED DC | ORSTED A/S | BYT16L4 | 127.86 | 56,112 | 7,174,563.56 |
| 5.19 | BEP-U CN | BROOKFIELD RENEW | B712JY0 | 36.18 | 196,335 | 7,103,139.50 |
| 4.90 | RUN | SUNRUN INC | BYXB1Y8 | 46.04 | 145,681 | 6,707,153.24 |
| 4.74 | EA-R TB | ENERGY ABSOLUTE PCL-NVDR | B9L4K92 | 2.43 | 2,665,482 | 6,486,223.73 |
| 4.31 | MEL NZ | MERIDIAN ENERGY LTD | BWFD052 | 3.22 | 1,828,144 | 5,893,596.49 |
| 3.89 | ELET3 BZ | ELETROBRAS | 2311120 | 5.78 | 920,809 | 5,319,146.64 |
| 3.58 | 916 HK | CHINA LONGYUAN-H | B4Q2TX3 | 2.05 | 2,387,100 | 4,899,222.02 |
| 3.51 | NPI CN | NORTHLAND POWER INC | B68XHC3 | 29.81 | 160,978 | 4,798,720.55 |
| 3.37 | NEP | NEXTERA ENERGY P | BNGY4Q0 | 85.05 | 54,254 | 4,614,302.70 |
| 2.91 | MCY NZ | MERCURY NZ LTD | B8W6K56 | 4.09 | 973,768 | 3,978,582.58 |
| 2.90 | EGIE3 BZ | ENGIE BRASIL ENERGIA SA | BD1WX84 | 6.82 | 582,286 | 3,971,830.36 |
| 2.56 | ERG IM | ERG SPA | 5337093 | 32.69 | 107,248 | 3,505,641.39 |
| 2.32 | NEOEN FP | NEOEN SA | BGV7F95 | 41.65 | 76,333 | 3,179,038.07 |
| 2.26 | HYDR RM | RUSHYDRO PJSC | B58HDC0 | 0.01 | 313,884,634 | 3,095,328.18 |
| 2.22 | AY | ATLANTICA SUSTAI | BLP5YB5 | 38.36 | 79,262 | 3,040,490.32 |
| 2.20 | ORA | ORMAT TECHNOLOGIES INC | B03L311 | 75.50 | 39,934 | 3,015,017.00 |
| 2.16 | CEN NZ | CONTACT ENERGY LTD | 6152529 | 5.33 | 553,720 | 2,950,096.71 |
| 2.01 | RNW CN | TRANSALTA RENEWABLES INC | BCZLSL8 | 14.45 | 190,389 | 2,751,646.45 |
| 1.91 | 9519 JP | RENOVA INC | BD71KT5 | 47.12 | 55,617 | 2,620,555.29 |
| 1.91 | 3868 HK | XINYI ENERGY HOLDINGS LTD | BGSN864 | 0.51 | 5,071,500 | 2,608,659.09 |
| 1.64 | EVA | ENVIVA PARTNERS LP | BWXV3D7 | 70.03 | 32,036 | 2,243,481.08 |
| 1.51 | BLX CN | BORALEX INC -A | 2099084 | 28.27 | 73,161 | 2,067,990.22 |
| 1.51 | DRX LN | DRAX GROUP PLC | B1VNSX3 | 7.28 | 284,076 | 2,067,073.27 |
| 1.48 | FKR IM | FALCK RENEWABLES SPA | 7315440 | 9.75 | 207,639 | 2,023,990.61 |
| 1.45 | SCATC NO | Scatec ASA | BQSSWW3 | 17.58 | 113,245 | 1,991,126.34 |
| 1.37 | 1407 JP | WEST HOLDINGS CORP | B0YQ5X1 | 57.69 | 32,584 | 1,879,653.00 |
| 1.35 | INE CN | INNERGEX RENEWABLE ENERGY | B29TNV3 | 14.78 | 124,598 | 1,841,579.42 |
| 1.33 | ECV GR | ENCAVIS AG | 5491966 | 18.32 | 99,231 | 1,818,374.96 |
| 1.25 | ENLT IT | ENLIGHT RENEWABL | 6767677 | 2.62 | 650,565 | 1,707,019.46 |
| 1.20 | SLR SM | SOLARIA ENERGIA | B1YVKJ4 | 18.57 | 88,604 | 1,645,579.79 |
| 1.19 | REGI | RENEWABLE ENERGY | B7577T2 | 47.78 | 33,967 | 1,622,943.26 |
| 1.11 | VLTSA FP | VOLTALIA SA- REGR | BNLPTL8 | 22.38 | 67,929 | 1,520,033.90 |
| 1.09 | ENRG IT | ENERGIX-RENEWAB | B469X43 | 4.30 | 346,967 | 1,492,200.93 |
| 0.91 | TENERGY GA | TERNA ENERGY SA | B28XVV2 | 15.20 | 82,014 | 1,246,245.02 |
| 0.62 | GUNKUL-R TB | GUNKUL ENG -NVDR | B4TSK68 | 0.13 | 6,280,239 | 846,124.64 |
| 0.62 | ABIO FP | ALBIOMA SA | B188CY0 | 37.53 | 22,515 | 844,927.06 |
| 0.59 | GEVO | GEVO INC | BGDLVV9 | 5.75 | 140,039 | 805,224.25 |
| 0.56 | ACE-R TB | ABSOLUTE CLEAN-R | BKFBJ66 | 0.11 | 7,191,933 | 764,066.18 |
| 0.51 | AZRE | AZURE POWER GLOBAL LTD | BDG16Z4 | 20.60 | 34,021 | 700,832.60 |
| 0.51 | BCPG-R TB | BCPG PCL-NVDR | BD3RR63 | 0.37 | 1,867,081 | 692,588.84 |
| 0.49 | OMGE3 BZ | OMEGA GERACAO SA | BF2VKB6 | 4.80 | 138,842 | 667,092.47 |
| 0.41 | SUPER-R TB | SUPER ENERGY C-R | B07CXZ4 | 0.03 | 20,144,776 | 561,943.45 |
| 0.23 | CASH | 0.99 | 313,804 | 311,028.74 |
| Sector | Weight (%) | |
|---|---|---|
| Utilities | 88.3 | |
| Industrials | 7.7 | |
| Materials | 2.6 | |
| Energy | 1.5 |
Source: AltaVista Research, LLC
| Country | Weight (%) | |
|---|---|---|
| United States | 14.6 | |
| New Zealand | 9.6 | |
| Canada | 8.5 | |
| Spain | 7.8 | |
| Brazil | 7.1 | |
| Austria | 6.2 | |
| China | 5.9 | |
| Thailand | 5.8 | |
| Denmark | 5.4 | |
| Bermuda | 5.4 | |
| France | 4.2 | |
| Other/Cash | 19.5 |
Source: AltaVista Research, LLC
| Return on Equity | 7.60% | |
| Weighted Avg. Market Cap | 11,280 M | |
| 2020 | 2021 | |
| Price-to-earnings | 34.47 | 28.62 |
| Price-to-book value | 2.19 | 2.15 |
Source: AltaVista Research, LLC
| Versus | Beta |
|---|---|
| S&P 500 | 0.76 |
| MSCI EAFE | 0.82 |
| MSCI Emg. Mkts | 0.74 |
| Standard Deviation | 19.50% |
Source: AltaVista Research, LLC
The Morningstar Rating™ for 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. Read MoreExchange-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 9/30, RNRG was rated against the following numbers of Utilities funds over the following time periods: 58 during the last 3 years, 54 during the last 5 years. With respect to these Utilities funds, RNRG received a Morningstar Rating of 5 and 4 stars, respectively. Past performance is not indicative of future results.
© 2020 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee 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.
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