- ISIN
- US53656G5716
- Issuer
- TrueShares
- Inception Date
- Dec 7, 2022
- Region
- Global (Broad)
- Category
- Energy Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Assets Under Management
- $6M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
RNWZ Performance Chart
TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) is up 14.1% since the beginning of the year. RNWZ is currently trading at $31 per share.
Loading charts...
Returns By Period
TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) has returned 14.05% so far this year and 33.86% over the past 12 months.
TrueShares Eagle Global Renewable Energy Income ETF
- 1D
- 1.10%
- 1M
- -2.56%
- YTD
- 14.05%
- 6M
- 15.05%
- 1Y
- 33.86%
- 3Y*
- 11.78%
- 5Y*
- —
- 10Y*
- —
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%
RNWZ Monthly Returns History
Based on dividend-adjusted daily data since Dec 9, 2022, RNWZ's average daily return is +0.04%, while the average monthly return is +0.88%. At this rate, an investment would double in approximately 6.6 years.
Historically, 60% of months were positive and 40% were negative. The best month was May 2024 with a return of +12.6%, while the worst month was Dec 2024 at -9.5%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.
On a daily basis, RNWZ closed higher 52% of trading days. The best single day was Apr 9, 2025 with a return of +5.7%, while the worst single day was Apr 4, 2025 at -5.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 7.28% | 7.39% | 0.71% | 4.90% | -4.93% | -1.43% | 14.05% | ||||||
| 2025 | -1.27% | 2.37% | 5.86% | 3.95% | 2.82% | 4.11% | 0.49% | 1.21% | 4.04% | 5.75% | 2.70% | -0.35% | 36.33% |
| 2024 | -7.18% | -4.96% | 4.43% | 0.41% | 12.55% | -6.66% | 5.93% | 2.51% | 5.50% | -6.86% | -1.33% | -9.46% | -7.36% |
| 2023 | -0.75% | -3.82% | 4.45% | 2.64% | -5.09% | 3.36% | 0.30% | -8.32% | -9.19% | -2.63% | 9.09% | 7.92% | -3.89% |
| 2022 | -0.74% | -0.74% |
Benchmark Metrics
TrueShares Eagle Global Renewable Energy Income ETF has an annualized alpha of 0.75%, beta of 0.51, and R2 of 0.20 versus S&P 500 Index. Calculated based on daily prices since December 09, 2022.
- This ETF participated in 66.93% of S&P 500 Index downside but only 49.72% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.51 may look defensive, but with R2 of 0.20 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 0.20 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
- 0.75%
- Beta
- 0.51
- R²
- 0.20
- Upside Capture
- 49.72%
- Downside Capture
- 66.93%
Expense Ratio
RNWZ has an expense ratio of 0.75%, placing it in the medium range.
Return for Risk
Risk / Return Rank
RNWZ ranks 73 for risk / return — better than 73% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) 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.
| RNWZ | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.37 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 4.62 | 2.78 | +1.84 |
| Martin ratioReturn relative to average drawdown | 12.19 | 12.44 | -0.25 |
Dividends
Dividend History
TrueShares Eagle Global Renewable Energy Income ETF provided a 1.96% dividend yield over the last twelve months, with an annual payout of $0.62 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Dividend | $0.62 | $0.58 | $0.49 | $0.88 | $0.00 |
Dividend yield | 1.96% | 2.12% | 2.36% | 3.87% | 0.01% |
Monthly Dividends
The table displays the monthly dividend distributions for TrueShares Eagle Global Renewable Energy Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.00 | $0.11 | ||||||
| 2025 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.08 | $0.58 |
| 2024 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.06 | $0.49 |
| 2023 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.36 | $0.88 |
| 2022 | $0.00 | $0.00 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the TrueShares Eagle Global Renewable Energy Income 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 TrueShares Eagle Global Renewable Energy Income ETF was 24.90%, occurring on Oct 4, 2023. Recovery took 231 trading sessions.
The current TrueShares Eagle Global Renewable Energy Income ETF drawdown is 6.30%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2023 bear market2023 | -24.90%Oct 2023 | 8mo 19d | 11mo 7d | 1y 7moJan 2023 - Sep 2024 |
2025 bear market2025 | -20.50%Jan 2025 | 3mo 15d | 5mo 21d | 9mo 6dSep 2024 - Jul 2025 |
2026 pullback2026 | -7.36%Jun 2026 | 1mo 17d | — | 1mo 23dMay 2026 - now |
2025 pullback2025 | -5.66%Dec 2025 | 26d | 1mo 7d | 2mo 3dNov 2025 - Jan 2026 |
2023 pullback2023 | -4.93%Jan 2023 | 21d | 7d | 28dDec 2022 - Jan 2023 |
Drawdown Indicators
| RNWZ | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.90% | -56.78% | +31.88% |
Max Drawdown (1Y)Largest decline over 1 year | -7.36% | -9.10% | +1.74% |
Max Drawdown (3Y)Largest decline over 3 years | -24.74% | -18.90% | -5.84% |
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 | -6.30% | -1.80% | -4.50% |
Average DrawdownAverage peak-to-trough decline | -7.16% | -10.71% | +3.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.79% | 2.03% | +0.76% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with RNWZ
Add TrueShares Eagle Global Renewable Energy Income ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with RNWZ