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TrueShares Eagle Global Renewable Energy Income ET...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US53656G5716
Inception Date
Dec 7, 2022
Region
Global (Broad)
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Equity

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in TrueShares Eagle Global Renewable Energy Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) has returned 16.02% so far this year and 47.86% over the past 12 months.


TrueShares Eagle Global Renewable Energy Income ETF

1D
2.24%
1M
0.71%
YTD
16.02%
6M
25.57%
1Y
47.86%
3Y*
12.20%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Dec 9, 2022, RNWZ's average daily return is +0.05%, while the average monthly return is +0.99%. At this rate, your investment would double in approximately 5.9 years.

Historically, 63% of months were positive and 38% 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%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20267.28%7.39%0.71%16.02%
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%
2022-0.19%-0.19%

Benchmark Metrics

TrueShares Eagle Global Renewable Energy Income ETF has an annualized alpha of 3.40%, beta of 0.51, and R² of 0.21 versus S&P 500 Index. Calculated based on daily prices since December 12, 2022.

  • This ETF participated in 65.31% of S&P 500 Index downside but only 60.30% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.51 may look defensive, but with R² of 0.21 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 0.21 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
3.40%
Beta
0.51
0.21
Upside Capture
60.30%
Downside Capture
65.31%

Expense Ratio

RNWZ has an expense ratio of 0.75%, placing it in the medium range.


Return for Risk

Risk / Return Rank

RNWZ ranks 97 for risk / return — in the top 97% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


RNWZ Risk / Return Rank: 9797
Overall Rank
RNWZ Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
RNWZ Sortino Ratio Rank: 9797
Sortino Ratio Rank
RNWZ Omega Ratio Rank: 9797
Omega Ratio Rank
RNWZ Calmar Ratio Rank: 9797
Calmar Ratio Rank
RNWZ Martin Ratio Rank: 9797
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 TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) and compare them to a chosen benchmark (S&P 500 Index).


RNWZBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

2.85

0.90

+1.96

Sortino ratio

Return per unit of downside risk

3.65

1.39

+2.27

Omega ratio

Gain probability vs. loss probability

1.54

1.21

+0.33

Calmar ratio

Return relative to maximum drawdown

4.79

1.40

+3.40

Martin ratio

Return relative to average drawdown

19.98

6.61

+13.37

Explore RNWZ risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

TrueShares Eagle Global Renewable Energy Income ETF provided a 1.93% dividend yield over the last twelve months, with an annual payout of $0.62 per share.


0.00%1.00%2.00%3.00%4.00%$0.00$0.20$0.40$0.60$0.802022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022
Dividend$0.62$0.58$0.49$0.88$0.00

Dividend yield

1.93%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.11$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.


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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.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-24.9%Jan 18, 2023180Oct 4, 2023231Sep 5, 2024411
-20.5%Sep 30, 202472Jan 13, 2025118Jul 3, 2025190
-5.66%Nov 13, 202518Dec 9, 202525Jan 15, 202643
-4.93%Dec 15, 202214Jan 5, 20235Jan 12, 202319
-4.54%Mar 18, 20263Mar 20, 20267Mar 31, 202610

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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