RNEW vs. CTEX ETF Comparison
Comparison of VanEck Green Infrastructure ETF (RNEW) to ProShares S&P Kensho Cleantech ETF (CTEX)
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
CTEX
ProShares S&P Kensho Cleantech ETF
CTEX Description
ProShares Trust - ProShares S&P Kensho Cleantech ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the public equity markets across the globe. It invests in the stocks of companies focused on building technologies or products that enable generation of energy in a clean manner that includes hardware, software, or materials technologies used for clean energy capture from sources such as solar, wind, geothermal, and hydro, installation of clean energy capture technologies for use in residential or commercial applications and advanced energy storage devices sectors. The fund invests in growth and value stocks of companies across diversified market capitalizations. It replicates the performance of the S&P Kensho Cleantech Index, by using full replication technique. ProShares Trust - ProShares S&P Kensho Cleantech ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$21.67
Average Daily Volume
4,230
29
Performance
Period | RNEW | CTEX |
---|---|---|
30 Days | 4.52% | 4.42% |
60 Days | 1.13% | -3.16% |
90 Days | -0.95% | -2.95% |
12 Months | 12.92% | -2.87% |
11 Overlapping Holdings
Symbol | Grade | Weight in RNEW | Weight in CTEX | Overlap | |
---|---|---|---|---|---|
AMPS | C | 0.29% | 3.78% | 0.29% | |
ARRY | F | 0.53% | 2.21% | 0.53% | |
BE | B | 1.62% | 3.3% | 1.62% | |
ENPH | F | 2.39% | 1.99% | 1.99% | |
FSLR | F | 3.26% | 3.15% | 3.15% | |
NOVA | F | 0.23% | 3.09% | 0.23% | |
ORA | B | 2.65% | 4.02% | 2.65% | |
PLUG | F | 0.77% | 2.35% | 0.77% | |
RUN | F | 1.19% | 3.15% | 1.19% | |
SHLS | F | 0.52% | 2.67% | 0.52% | |
TSLA | B | 9.97% | 4.71% | 4.71% |
RNEW Overweight 28 Positions Relative to CTEX
Symbol | Grade | Weight | |
---|---|---|---|
LNG | A | 6.86% | |
PWR | A | 6.03% | |
CLH | C | 6.0% | |
RSG | A | 5.71% | |
WM | B | 5.62% | |
ECL | D | 5.24% | |
DCI | B | 4.93% | |
RIVN | F | 4.73% | |
BWA | D | 4.14% | |
CWST | A | 3.22% | |
IDA | A | 3.11% | |
ITRI | C | 2.99% | |
SWX | B | 2.9% | |
LCID | F | 2.83% | |
NWE | C | 1.77% | |
CWEN | C | 1.21% | |
NFE | D | 1.05% | |
NEP | F | 0.85% | |
SPH | C | 0.63% | |
ERII | F | 0.6% | |
AMRC | D | 0.52% | |
REX | D | 0.45% | |
MNTK | F | 0.4% | |
MEG | F | 0.39% | |
GPRE | F | 0.38% | |
CLNE | F | 0.36% | |
CHPT | F | 0.27% | |
SES | F | 0.06% |
RNEW Underweight 18 Positions Relative to CTEX
RNEW: Top Represented Industries & Keywords
CTEX: Top Represented Industries & Keywords