REMX vs. CNRG
Compare and contrast key facts about VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) and SPDR S&P Kensho Clean Power ETF (CNRG).
REMX and CNRG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. REMX is a passively managed fund by VanEck that tracks the performance of the MVIS Global Rare Earth/Strategic Metals Index. It was launched on Oct 27, 2010. 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. Both REMX and CNRG 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: REMX or CNRG.
Correlation
The correlation between REMX and CNRG is 0.55, 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.
Performance
REMX vs. CNRG - Performance Comparison
Key characteristics
REMX:
-0.74
CNRG:
-0.34
REMX:
-1.00
CNRG:
-0.31
REMX:
0.89
CNRG:
0.97
REMX:
-0.30
CNRG:
-0.18
REMX:
-1.05
CNRG:
-0.95
REMX:
24.71%
CNRG:
13.24%
REMX:
35.96%
CNRG:
34.71%
REMX:
-90.21%
CNRG:
-68.49%
REMX:
-82.65%
CNRG:
-61.37%
Returns By Period
In the year-to-date period, REMX achieves a -1.05% return, which is significantly higher than CNRG's -10.75% return.
REMX
-1.05%
18.22%
-20.08%
-26.44%
6.41%
-3.76%
CNRG
-10.75%
22.60%
-12.30%
-11.82%
5.39%
N/A
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REMX vs. CNRG - Expense Ratio Comparison
REMX has a 0.59% expense ratio, which is higher than CNRG's 0.45% expense ratio.
Risk-Adjusted Performance
REMX vs. CNRG — Risk-Adjusted Performance Rank
REMX
CNRG
REMX vs. CNRG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) 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.
Dividends
REMX vs. CNRG - Dividend Comparison
REMX's dividend yield for the trailing twelve months is around 2.58%, more than CNRG's 1.37% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REMX VanEck Vectors Rare Earth/Strategic Metals ETF | 2.58% | 2.56% | 0.00% | 1.56% | 5.25% | 0.81% | 1.60% | 12.43% | 2.89% | 2.23% | 4.77% | 1.53% |
CNRG SPDR S&P Kensho Clean Power ETF | 1.37% | 1.34% | 1.17% | 1.23% | 1.34% | 0.69% | 1.16% | 0.35% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
REMX vs. CNRG - Drawdown Comparison
The maximum REMX drawdown since its inception was -90.21%, which is greater than CNRG's maximum drawdown of -68.49%. Use the drawdown chart below to compare losses from any high point for REMX and CNRG. For additional features, visit the drawdowns tool.
Volatility
REMX vs. CNRG - Volatility Comparison
VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) and SPDR S&P Kensho Clean Power ETF (CNRG) have volatilities of 14.11% and 14.43%, 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.