Global X Renewable Energy Producers ETFGlobal X Renewable Energy Producers ETFGlobal X Renewable Energy Producers ETF

Global X Renewable Energy Producers ETF

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Key stats


Assets under management (AUM)
‪31.31 M‬USD
Fund flows (1Y)
‪−12.41 M‬USD
Dividend yield (indicated)
1.63%
Discount/Premium to NAV
−0.9%

About Global X Renewable Energy Producers ETF


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Expense ratio
0.65%
Inception date
May 28, 2015
Index tracked
Indxx Renewable Energy Producers Index
Management style
Passive
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.

Classification


Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Renewable energy
Strategy
Vanilla
Weighting scheme
Market cap
Selection criteria
Market cap

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 19, 2024
Exposure type
Stocks
Utilities
Stocks100.06%
Utilities97.39%
Electronic Technology1.89%
Process Industries0.72%
Bonds, Cash & Other−0.06%
Cash−0.06%
Stock breakdown by region
14%11%24%35%3%10%
Europe35.02%
North America24.81%
Oceania14.80%
Latin America11.26%
Asia10.89%
Middle East3.22%
Africa0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows