INR vs. CNRG

Last updated Jun 4, 2026

INR (Infinity Natural Resources, Inc) is a stock, while CNRG (SPDR S&P Kensho Clean Power ETF) is Alternative Energy Equities fund tracking the S&P Kensho Clean Power Index. Over the past year, INR returned -23.22% vs 117.30% for CNRG. At a 0.08 correlation, their price movements are largely independent.

Performance

INR vs. CNRG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Infinity Natural Resources, Inc (INR) and SPDR S&P Kensho Clean Power ETF (CNRG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, INR achieves a -10.45% return, which is significantly lower than CNRG's 36.68% return.

INR

• 1D: -0.08%
• 1M: -23.98%
• YTD: -10.45%
• 6M: -7.96%
• 1Y: -23.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CNRG

• 1D: -2.81%
• 1M: 18.72%
• YTD: 36.68%
• 6M: 32.67%
• 1Y: 117.30%
• 3Y*: 15.27%
• 5Y*: 5.21%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

INR vs. CNRG - Yearly Performance Comparison

	2026 (YTD)	2025
INR Infinity Natural Resources, Inc	-10.45%	-30.09%
CNRG SPDR S&P Kensho Clean Power ETF	36.68%	49.16%

Correlation

The correlation between INR and CNRG is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.04
Correlation (All Time) Calculated using the full available price history since Feb 3, 2025	0.08

The correlation between INR and CNRG shifts across timeframes, from -0.04 (1 year) to 0.08 (all time), reflecting how their relationship changes across market environments.

Return for Risk

INR vs. CNRG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

INR

INR Risk / Return Rank: 21
INR Sharpe Ratio Rank: 19
INR Sortino Ratio Rank: 20
INR Omega Ratio Rank: 22
INR Calmar Ratio Rank: 22
INR Martin Ratio Rank: 23

CNRG

CNRG Risk / Return Rank: 84
CNRG Sharpe Ratio Rank: 91
CNRG Sortino Ratio Rank: 79
CNRG Omega Ratio Rank: 76
CNRG Calmar Ratio Rank: 93
CNRG Martin Ratio Rank: 83

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.

INR vs. CNRG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Infinity Natural Resources, Inc (INR) and SPDR S&P Kensho Clean Power ETF (CNRG). 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.

	INR	CNRG	Difference
Sharpe ratio: Return per unit of total volatility	-0.49	3.25	-3.74
Sortino ratio: Return per unit of downside risk	-0.46	3.58	-4.05
Omega ratio: Gain probability vs. loss probability	0.95	1.46	-0.51
Calmar ratio: Return relative to maximum drawdown	-0.55	6.65	-7.20
Martin ratio: Return relative to average drawdown	-0.93	17.06	-17.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

INR vs. CNRG - Sharpe Ratio Comparison

The current INR Sharpe Ratio is -0.49, which is lower than the CNRG Sharpe Ratio of 3.25. The chart below compares the historical Sharpe Ratios of INR and CNRG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	INR	CNRG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.49	3.25	-3.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.15	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.60	0.62	-1.22

Drawdowns

INR vs. CNRG - Drawdown Comparison

The maximum INR drawdown since its inception was -48.84%, smaller than the maximum CNRG drawdown of -68.49%. Use the drawdown chart below to compare losses from any high point for INR and CNRG.

Drawdown Indicators

	INR	CNRG	Difference
Max Drawdown Largest peak-to-trough decline	-48.84%	-68.49%	+19.65%
Max Drawdown (1Y) Largest decline over 1 year	-42.74%	-17.73%	-25.01%
Max Drawdown (3Y) Largest decline over 3 years	—	-48.77%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-59.17%	—
Current Drawdown Current decline from peak	-39.74%	-11.12%	-28.62%
Average Drawdown Average peak-to-trough decline	-28.50%	-31.82%	+3.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.09%	6.90%	+18.19%

Volatility

INR vs. CNRG - Volatility Comparison

Infinity Natural Resources, Inc (INR) has a higher volatility of 14.58% compared to SPDR S&P Kensho Clean Power ETF (CNRG) at 12.13%. This indicates that INR's price experiences larger fluctuations and is considered to be riskier than CNRG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	INR	CNRG	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.58%	12.13%	+2.45%
Volatility (6M) Calculated over the trailing 6-month period	32.68%	25.44%	+7.24%
Volatility (1Y) Calculated over the trailing 1-year period	47.16%	36.49%	+10.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.22%	33.99%	+15.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.22%	35.78%	+13.44%

Dividends

INR vs. CNRG - Dividend Comparison

INR has not paid dividends to shareholders, while CNRG's dividend yield for the trailing twelve months is around 1.01%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
CNRG SPDR S&P Kensho Clean Power ETF	1.01%	1.46%	1.34%	1.17%	1.23%	1.34%	0.69%	1.16%	0.35%
INR Infinity Natural Resources, Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both INR and CNRG in my portfolio?

INR and CNRG have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, INR or CNRG?

INR has higher volatility (14.58%) compared to CNRG (12.13%). In terms of maximum drawdown, INR dropped -48.84% vs CNRG's -68.49%.

Which has better risk-adjusted returns?

CNRG currently has the higher Sharpe Ratio (3.25 vs -0.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.