CNRG
SPDR S&P Kensho Clean Power ETFCNRG Fund Description
CNRG tracks a tier-weighted index of US equities associated with the clean power sector.
CNRG Factset Analytics Insight
CNRG focuses on US-listed companies whose products and services are driving innovation behind clean power. The underlying index is a combination of two sub-indexes, one that follows the manufacture of technology used in renewable energy, and another that follows companies offering products and services related to renewable energy. The methodology involves scanning company documents and SEC submissions for search terms to determine inclusion in the index. Selected stocks are deemed either core or non-core depending on whether renewable energy is a central focus of the company. Holdings are initially weighted equally, with an overweighting factor applied to core stocks. The index is rebalanced semi-annually.
CNRG MSCI ESG Analytics Insight
SPDR S&P Kensho Clean Power ETF has an MSCI ESG Fund Rating of A based on a score of 7.08 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. SPDR S&P Kensho Clean Power ETF ranks in the 51st percentile within its peer group and in the 36th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
CNRG MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
CNRG Summary Data
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CNRG Portfolio Management
CNRG Tax Exposures
CNRG Fund Structure
CNRG Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of CNRG. CNRG is rated a 5 out of 5.
CNRG Tradability
CNRG Top 10 Holdings[View All]
CNRG Countries
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CNRG Regions
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CNRG Economic Development
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CNRG Performance Statistics
CNRG MSCI ESG Ratings
CNRG Benchmark Comparison Summary
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CNRG Benchmark Comparison Market Cap Size
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Terms of Use
MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.