CNRG vs. XSD
Compare and contrast key facts about SPDR S&P Kensho Clean Power ETF (CNRG) and SPDR S&P Semiconductor ETF (XSD).
CNRG and XSD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CNRG is a passively managed fund by State Street that tracks the performance of the S&P Kensho Clean Power Index. It was launched on Oct 22, 2018. XSD is a passively managed fund by State Street that tracks the performance of the S&P Semiconductor Select Industry. It was launched on Jan 31, 2006. Both CNRG and XSD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CNRG or XSD.
Performance
CNRG vs. XSD - Performance Comparison
Returns By Period
In the year-to-date period, CNRG achieves a -15.17% return, which is significantly lower than XSD's 0.33% return.
CNRG
-15.17%
-1.81%
-4.02%
-4.93%
10.29%
N/A
XSD
0.33%
-7.04%
-5.52%
15.14%
18.08%
20.61%
Key characteristics
| CNRG | XSD | |
|---|---|---|
| Sharpe Ratio | -0.18 | 0.42 |
| Sortino Ratio | -0.04 | 0.80 |
| Omega Ratio | 1.00 | 1.10 |
| Calmar Ratio | -0.09 | 0.55 |
| Martin Ratio | -0.43 | 1.49 |
| Ulcer Index | 13.24% | 9.67% |
| Daily Std Dev | 31.51% | 34.02% |
| Max Drawdown | -59.60% | -64.56% |
| Current Drawdown | -57.07% | -17.76% |
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CNRG vs. XSD - Expense Ratio Comparison
CNRG has a 0.45% expense ratio, which is higher than XSD's 0.35% expense ratio.
Correlation
The correlation between CNRG and XSD is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
CNRG vs. XSD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Clean Power ETF (CNRG) and SPDR S&P Semiconductor ETF (XSD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
CNRG vs. XSD - Dividend Comparison
CNRG's dividend yield for the trailing twelve months is around 1.75%, more than XSD's 0.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNRG SPDR S&P Kensho Clean Power ETF | 1.75% | 1.17% | 1.23% | 1.34% | 0.69% | 1.16% | 0.35% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XSD SPDR S&P Semiconductor ETF | 0.26% | 0.31% | 0.44% | 0.10% | 0.26% | 0.51% | 1.16% | 0.59% | 0.64% | 0.58% | 0.46% | 0.52% |
Drawdowns
CNRG vs. XSD - Drawdown Comparison
The maximum CNRG drawdown since its inception was -59.60%, smaller than the maximum XSD drawdown of -64.56%. Use the drawdown chart below to compare losses from any high point for CNRG and XSD. For additional features, visit the drawdowns tool.
Volatility
CNRG vs. XSD - Volatility Comparison
SPDR S&P Kensho Clean Power ETF (CNRG) and SPDR S&P Semiconductor ETF (XSD) have volatilities of 10.11% and 10.57%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.