RENW

Pickens Morningstar Renewable Energy Response ETF
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36
*Unless otherwise stated, data provided by FactSet.

RENW Fund Description

BOON tracks an index of equally weighted US large-cap companies with significant correlation to the price of Brent crude oil.

RENW Factset Analytics Insight

BOON looks beyond the traditional energy sector for exposure to energy stocks - it aims to invest in all US large-cap companies with significant correlation to the price of Brent crude oil. The index measures the sensitivity of each company’s total returns to the price of Brent crude over the previous five years. Targeted companies come from across the energy supply chain, including both producers and consumers - the only prerequisite is correlation to crude oil. Only companies that consistently rank within the top 40% of the correlation analysis are considered for inclusion. The final portfolio is determined by a committee, which selects companies most strongly affected by energy demand. The fund is equally weighted and rebalanced quarterly. Although BOON provides specialized exposure, its fee still seems high for an index fund of US large-cap stocks.

RENW MSCI ESG Analytics Insight

Pickens Morningstar Renewable Energy Response ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.50 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Pickens Morningstar Renewable Energy Response ETF ranks in the 28th percentile within its peer group and in the 0th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

RENW Charts And Performance

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Select ETFs to compare their performance:
PERFORMANCE [as of 10/17/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
RENW -1.16% -5.52% 5.45% -18.35% -- -- --
RENW (NAV) -1.24% -5.38% 5.04% -18.59% -- -- --
MSCI USA Large Cap Index -0.05% 0.94% 21.44% 8.93% 14.70% 12.19% 12.99%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

RENW Summary Data

02/28/18
Open-Ended Fund
0.85%
$3.00M
$21.38K
0.29%

RENW Portfolio Data

$36.65B
102.18
2.18
2.99%
N/A
84

RENW Index Data

Morningstar North America Renewable Energy Index
Equal
Committee
MSCI USA Large Cap Index

RENW Portfolio Management

0.85%
--
--
--

RENW Tax Exposures

20.00% / 39.60%
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Qualified dividends
No

RENW Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
High
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

RENW Factset Analytics Block Liquidity

As of 10/18/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of RENW. RENW is rated a 4 out of 5.

RENW Tradability

983
$21.38K
570
$12.82K
0.29%
$0.06
-0.01%
2.47% / -2.37%
None
100.00%
25,000
0.02
0.05%
0.08%
0
$20.13
4

RENW Sector/Industry Breakdown


RENW
Segment Benchmark
51.04%
2.97%
13.17%
9.10%
9.08%
14.64%
7.14%
4.64%
5.53%
2.08%
5.34%
28.82%
4.37%
13.38%
2.10%
8.01%
1.45%
13.93%
0.79%
2.43%

RENW Top 10 Holdings[View All]

Tesla Inc 2.50%
2.30%
2.26%
2.23%
24.07%

RENW Countries


RENW
Segment Benchmark
70.75%
100.00%
29.25%
--

RENW Regions


RENW
Segment Benchmark
100.00%
100.00%

RENW Economic Development


RENW
Segment Benchmark
100.00%
100.00%

RENW Performance Statistics

0.69
1.14
1.16
1.01
0.89%
MSCI USA Large Cap Index

RENW MSCI ESG Ratings

BBB
4.50 / 10
--
27.63
6.43%
3.01%
428.96

RENW Benchmark Comparison Holdings

84
296
34
8.92%

RENW Benchmark Comparison Summary


RENW
Segment Benchmark
84
296
$36.65B
$265.76B
102.18
21.77
2.18
3.49
2.77%
1.94%
Low
Low

RENW Benchmark Comparison Market Cap Size


RENW
Segment Benchmark
36.27%
99.78%
39.84%
0.22%
23.90%
0.00%
0.00%
0.00%