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ISIN
US37954Y7076
CUSIP
37954Y707
Issuer
Global X
Inception Date
May 28, 2015
Region
Developed Markets (Broad)
Leveraged
1x (No leverage)
Index Tracked
Indxx Renewable Energy Producers Index
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Multi-Cap
Asset Class Style
Blend
Assets Under Management
$31M

Share Price Chart


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Performance

RNRG Performance Chart

Global X Funds Global X Renewable Energy Producers ETF (RNRG) is up 9.6% since the beginning of the year. RNRG is currently trading at $36 per share. Investors who bought $1,000 worth of RNRG shares 5 years ago would now be looking at an investment worth $797.


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S&P 500 Index

Returns By Period

Global X Funds Global X Renewable Energy Producers ETF (RNRG) has returned 9.61% so far this year and 30.64% over the past 12 months. Over the last ten years, RNRG has returned 3.99% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


Global X Funds Global X Renewable Energy Producers ETF

1D
0.88%
1M
-3.89%
YTD
9.61%
6M
10.89%
1Y
30.64%
3Y*
2.19%
5Y*
-4.43%
10Y*
3.99%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

RNRG Monthly Returns History

Based on dividend-adjusted daily data since May 28, 2015, RNRG's average daily return is +0.01%, while the average monthly return is +0.22%. At this rate, an investment would double in approximately 26.3 years.

Historically, 57% of months were positive and 43% were negative. The best month was May 2024 with a return of +13.2%, while the worst month was Mar 2020 at -15.0%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 4 months.

On a daily basis, RNRG closed higher 49% of trading days. The best single day was Mar 24, 2020 with a return of +9.2%, while the worst single day was Mar 12, 2020 at -9.9%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20267.78%3.18%-0.13%5.30%1.30%-7.47%9.61%
2025-2.65%0.83%-3.64%7.06%5.57%5.95%1.38%2.67%4.17%4.30%1.34%-0.16%29.61%
2024-9.49%-4.51%1.03%-3.76%13.19%-6.66%2.01%3.55%1.14%-8.42%-4.37%-6.11%-22.00%
20231.98%-8.07%0.73%-1.29%-3.84%2.64%1.13%-8.95%-9.42%-7.50%12.22%9.46%-12.82%
2022-8.87%7.98%4.35%-7.62%1.72%-5.71%8.33%-3.59%-13.26%1.80%5.82%-4.62%-15.30%
2021-0.06%-11.14%-1.43%-0.57%0.44%2.97%0.00%1.17%-4.93%7.73%-6.11%-0.43%-12.78%

Benchmark Metrics

Global X Funds Global X Renewable Energy Producers ETF has an annualized alpha of -5.79%, beta of 0.67, and R2 of 0.35 versus S&P 500 Index. Calculated based on daily prices since May 28, 2015.

  • This ETF participated in 99.86% of S&P 500 Index downside but only 55.32% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.67 may look defensive, but with R2 of 0.35 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R2 of 0.35 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.

Alpha
-5.79%
Beta
0.67
0.35
Upside Capture
55.32%
Downside Capture
99.86%

Expense Ratio

RNRG has an expense ratio of 0.65%, placing it in the medium range.


Return for Risk

Risk / Return Rank

RNRG ranks 62 for risk / return — better than 62% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


RNRG Risk / Return Rank: 6262
Overall Rank
RNRG Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
RNRG Sortino Ratio Rank: 5757
Sortino Ratio Rank
RNRG Omega Ratio Rank: 5353
Omega Ratio Rank
RNRG Calmar Ratio Rank: 7070
Calmar Ratio Rank
RNRG Martin Ratio Rank: 6969
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Global X Funds Global X Renewable Energy Producers ETF (RNRG) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


RNRGBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.11

Sortino ratioReturn per unit of downside risk

-0.13

Omega ratioGain probability vs. loss probability

1.32

1.37

-0.05

Calmar ratioReturn relative to maximum drawdown

3.42

2.78

+0.63

Martin ratioReturn relative to average drawdown

12.29

12.44

-0.15

Dividends

Dividend History

Global X Funds Global X Renewable Energy Producers ETF provided a 1.37% dividend yield over the last twelve months, with an annual payout of $0.50 per share.


1.00%2.00%3.00%4.00%5.00%$0.00$0.50$1.00$1.5020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.50$0.50$0.38$0.49$0.45$0.52$1.72$1.32$1.76$1.56$1.64$1.12

Dividend yield

1.37%1.50%1.48%1.44%1.15%1.10%3.16%2.97%5.22%4.14%5.02%3.48%

Monthly Dividends

The table displays the monthly dividend distributions for Global X Funds Global X Renewable Energy Producers ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.13$0.00$0.00$0.00$0.00$0.00$0.37$0.50
2024$0.00$0.00$0.00$0.00$0.00$0.20$0.00$0.00$0.00$0.00$0.00$0.18$0.38
2023$0.00$0.00$0.00$0.00$0.00$0.24$0.00$0.00$0.00$0.00$0.00$0.25$0.49
2022$0.00$0.00$0.00$0.00$0.00$0.27$0.00$0.00$0.00$0.00$0.00$0.18$0.45
2021$0.00$0.00$0.00$0.00$0.00$0.31$0.00$0.00$0.00$0.00$0.00$0.21$0.52

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Global X Funds Global X Renewable Energy Producers ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Global X Funds Global X Renewable Energy Producers ETF was 58.79%, occurring on Apr 8, 2025. The portfolio has not yet recovered.

The current Global X Funds Global X Renewable Energy Producers ETF drawdown is 35.14%.


Related event

Drawdown

Fall

Recovery

Underwater

2025 selloff2025
-58.79%Apr 2025
4y 3mo
5y 5moJan 2021 - now
2016 bear market2016
-38.28%Feb 2016
8mo 13d3y 1mo
3y 9moJun 2015 - Mar 2019
COVID crash2020
-38.17%Mar 2020
1mo 2d7mo 18d
8mo 20dFeb 2020 - Nov 2020
2019 pullback2019
-4.78%Aug 2019
24d1mo 15d
2mo 9dJul 2019 - Sep 2019
2019 pullback2019
-3.14%Nov 2019
13d20d
1mo 3dNov 2019 - Dec 2019

Drawdown Indicators


RNRGBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-58.79%

-56.78%

-2.01%

Max Drawdown (1Y)

Largest decline over 1 year

-9.00%

-9.10%

+0.10%

Max Drawdown (3Y)

Largest decline over 3 years

-35.23%

-18.90%

-16.33%

Max Drawdown (5Y)

Largest decline over 5 years

-52.17%

-25.43%

-26.74%

Max Drawdown (10Y)

Largest decline over 10 years

-58.79%

-33.92%

-24.87%

Current Drawdown

Current decline from peak

-35.14%

-1.80%

-33.34%

Average Drawdown

Average peak-to-trough decline

-24.48%

-10.71%

-13.77%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.50%

2.03%

+0.47%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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