CNRGSPDR S&P Kensho Clean Power ETF
CNRG 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 5.77 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 39th percentile within its peer group and in the 15th 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
CNRG Portfolio Data
CNRG Index Data
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 Economic Development
CNRG Performance Statistics
CNRG MSCI ESG Ratings
CNRG Benchmark Comparison Summary
CNRG Benchmark Comparison Market Cap Size