RNRGGlobal X Renewable Energy Producers ETF
RNRG Fund Description
RNRG tracks a market-cap-weighted index of global renewable energy companies including YieldCos.
RNRG Factset Analytics Insight
RNRG offers exposure to companies that produce energy from renewable sources including wind, solar, hydroelectric, geothermal, and biofuels including YieldCos — a holding company for renewable energy projects that have been spun off by a larger energy utility. The portfolio is market-cap-weighted, with a cap of 6% on individual names. While YieldCos are sometimes marketed as MLPs for renewables, note that these firms use a traditional C-corp structure with no inherent tax benefits. Dividends from the fund are taxable. The Fund name and investment strategies changed effective November 19, 2018. The fund originally tracked the Indxx Global YieldCo Index through November 16, 2018 and the Indxx YieldCo & Renewable Energy Income Index thereafter. On Feb. 1, 2021, the fund name, ticker (YLCO) and index changed, dropping its focus on YieldCos while still including them in the fund.
RNRG Summary Data
RNRG Portfolio Data
RNRG Index Data
RNRG Portfolio Management
RNRG Tax Exposures
RNRG Fund Structure
RNRG Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of RNRG. RNRG is rated a 3 out of 5.
RNRG Sector/Industry Breakdown
RNRG Top 10 Holdings[View All]
RNRG Economic Development
RNRG Performance Statistics
RNRG Benchmark Comparison Summary
RNRG Benchmark Comparison Market Cap Size