- Issuer
- Global X
- Inception Date
- Dec 7, 2021
- Category
- Global Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Global X Renewable Energy Producers UCITS ETF
- Distribution Policy
- Accumulating
- Asset Class
- Equity
Share Price Chart
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Performance
RNRG.L Performance Chart
Global X Renewable Energy Producers UCITS ETF (RNRG.L) is up 9.1% since the beginning of the year. RNRG.L is currently trading at $13 per share.
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Returns By Period
Global X Renewable Energy Producers UCITS ETF (RNRG.L) has returned 9.08% so far this year and 26.17% over the past 12 months.
Global X Renewable Energy Producers UCITS ETF
- 1D
- -0.31%
- 1M
- -4.84%
- 6M
- 4.43%
- YTD
- 9.08%
- 1Y
- 26.17%
- 3Y*
- 1.84%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.38%
- 1M
- 0.24%
- 6M
- 9.32%
- YTD
- 10.62%
- 1Y
- 21.28%
- 3Y*
- 18.90%
- 5Y*
- 11.84%
- 10Y*
- 13.36%
RNRG.L Monthly Returns History
Based on dividend-adjusted daily data since Dec 7, 2021, RNRG.L's average daily return is -0.01%, while the average monthly return is -0.11%.
Historically, 52% of months were positive and 48% were negative. The best month was Nov 2023 with a return of +12.6%, while the worst month was Sep 2022 at -10.8%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 4 months.
On a daily basis, RNRG.L closed higher 47% of trading days. The best single day was Nov 3, 2023 with a return of +8.3%, while the worst single day was Sep 23, 2022 at -6.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 8.66% | 2.94% | 0.15% | 6.46% | 2.12% | -9.12% | -1.44% | 9.08% | |||||
| 2025 | -3.27% | 0.35% | -1.74% | 4.85% | 5.30% | 5.89% | 3.64% | 3.61% | 3.58% | 5.09% | 1.90% | 0.93% | 34.05% |
| 2024 | -8.85% | -7.43% | 2.16% | -3.52% | 12.32% | -6.69% | 2.39% | 3.99% | 1.31% | -9.70% | -3.89% | -5.64% | -23.00% |
| 2023 | 0.60% | -7.45% | -0.04% | -2.64% | -5.12% | 3.45% | 2.49% | -9.31% | -10.09% | -7.85% | 12.61% | 10.24% | -14.97% |
| 2022 | -9.14% | 8.64% | 5.71% | -7.22% | -0.30% | -6.46% | 10.63% | -2.52% | -10.84% | -0.11% | 5.83% | -2.77% | -10.76% |
| 2021 | -0.71% | -0.71% |
Benchmark Metrics
Global X Renewable Energy Producers UCITS ETF has an annualized alpha of -7.01%, beta of 0.41, and R2 of 0.11 versus S&P 500 Index. Calculated based on daily prices since December 07, 2021.
- This ETF participated in 114.62% of S&P 500 Index downside but only 54.06% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.41 may look defensive, but with R2 of 0.11 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 0.11 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -7.01%
- Beta
- 0.41
- R²
- 0.11
- Upside Capture
- 54.06%
- Downside Capture
- 114.62%
Expense Ratio
RNRG.L has an expense ratio of 0.50%, placing it in the medium range.
Return for Risk
Risk / Return Rank
RNRG.L ranks 47 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Global X Renewable Energy Producers UCITS ETF (RNRG.L) 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.
| RNRG.L | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.27 | ||
| Sortino ratioReturn per unit of downside risk | -0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.31 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.85 | 2.35 | -0.50 |
| Martin ratioReturn relative to average drawdown | 6.37 | 10.19 | -3.82 |
Dividends
Dividend History
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 Renewable Energy Producers UCITS 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 Renewable Energy Producers UCITS ETF was 51.14%, occurring on Apr 9, 2025. The portfolio has not yet recovered.
The current Global X Renewable Energy Producers UCITS ETF drawdown is 19.38%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-51.14%Apr 2025 | 3y 4d | — | 4y 3moApr 2022 - now | 2025 selloff2025 |
-12.58%Jan 2022 | 1mo 20d | 2mo | 3mo 20dDec 2021 - Mar 2022 | Bear market2022 |
Drawdown Indicators
| RNRG.L | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.14% | -56.78% | +5.64% |
Max Drawdown (1Y)Largest decline over 1 year | -14.11% | -9.10% | -5.01% |
Max Drawdown (3Y)Largest decline over 3 years | -37.17% | -18.90% | -18.27% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -19.38% | -0.49% | -18.89% |
Average DrawdownAverage peak-to-trough decline | -26.54% | -10.70% | -15.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.10% | 2.09% | +2.01% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Build a portfolio with RNRG.L
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