IBAT vs. RNEW ETF Comparison
Comparison of iShares Energy Storage & Materials ETF (IBAT) to VanEck Green Infrastructure ETF (RNEW)
IBAT
iShares Energy Storage & Materials ETF
IBAT Description
The index measures the performance of equity securities of companies involved in energy storage solutions aiming to support the transition to a low carbon economy, including hydrogen, fuel cells, and batteries as determined by STOXX Ltd. The fund generally will invest at least 90% of its assets in the component securities of its index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$23.39
Average Daily Volume
352
14
RNEW
VanEck Green Infrastructure ETF
RNEW Description
The fund normally invests at least 80% of its total assets in securities of Green Infrastructure Companies. The index is a U.S. index that tracks the performance of Green Infrastructure Companies. "Green Infrastructure Companies" are companies that seek to positively impact the environment through the production, transmission, or distribution of green energy and/or through the establishment of sustainable infrastructure to facilitate the use of green energy. The fund is non-diversified.Grade (RS Rating)
Last Trade
$25.29
Average Daily Volume
132
39
Performance
Period | IBAT | RNEW |
---|---|---|
30 Days | -2.72% | 4.52% |
60 Days | -5.60% | 1.13% |
90 Days | -3.88% | -0.95% |
12 Months | 12.92% |
IBAT Underweight 35 Positions Relative to RNEW
Symbol | Grade | Weight | |
---|---|---|---|
TSLA | B | -9.84% | |
LNG | A | -6.99% | |
PWR | A | -6.12% | |
RSG | A | -5.75% | |
CLH | C | -5.66% | |
WM | B | -5.6% | |
ECL | D | -5.24% | |
DCI | B | -4.9% | |
RIVN | F | -4.4% | |
BWA | D | -4.19% | |
FSLR | F | -3.35% | |
CWST | A | -3.29% | |
IDA | A | -3.21% | |
SWX | B | -2.97% | |
ITRI | C | -2.83% | |
LCID | F | -2.64% | |
ORA | B | -2.56% | |
NWE | B | -1.82% | |
CWEN | C | -1.22% | |
RUN | F | -1.19% | |
NFE | D | -0.98% | |
NEP | F | -0.8% | |
SPH | C | -0.61% | |
ARRY | F | -0.52% | |
AMRC | F | -0.49% | |
ERII | D | -0.45% | |
REX | D | -0.43% | |
SHLS | F | -0.39% | |
GPRE | F | -0.37% | |
AMPS | C | -0.33% | |
CLNE | F | -0.32% | |
MEG | F | -0.32% | |
MNTK | F | -0.31% | |
NOVA | F | -0.24% | |
SES | F | -0.05% |
IBAT: Top Represented Industries & Keywords
RNEW: Top Represented Industries & Keywords