RNEW vs. UTF
Compare and contrast key facts about VanEck Green Infrastructure ETF (RNEW) and Cohen & Steers Infrastructure Fund, Inc (UTF).
RNEW is a passively managed fund by VanEck that tracks the performance of the Indxx US Green Infrastructure - MCAP Weighted Index - Benchmark TR Gross. It was launched on Oct 18, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RNEW or UTF.
Correlation
The correlation between RNEW and UTF is 0.43, 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
RNEW vs. UTF - Performance Comparison
Key characteristics
RNEW:
0.27
UTF:
1.17
RNEW:
0.56
UTF:
1.59
RNEW:
1.07
UTF:
1.23
RNEW:
0.27
UTF:
1.61
RNEW:
0.95
UTF:
4.61
RNEW:
6.78%
UTF:
4.18%
RNEW:
23.65%
UTF:
16.29%
RNEW:
-25.83%
UTF:
-72.62%
RNEW:
-15.31%
UTF:
-3.13%
Returns By Period
In the year-to-date period, RNEW achieves a -6.42% return, which is significantly lower than UTF's 6.36% return.
RNEW
-6.42%
0.08%
-2.11%
6.32%
N/A
N/A
UTF
6.36%
-0.99%
1.71%
16.33%
10.48%
9.31%
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Risk-Adjusted Performance
RNEW vs. UTF — Risk-Adjusted Performance Rank
RNEW
UTF
RNEW vs. UTF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Green Infrastructure ETF (RNEW) and Cohen & Steers Infrastructure Fund, Inc (UTF). 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
RNEW vs. UTF - Dividend Comparison
RNEW's dividend yield for the trailing twelve months is around 0.85%, less than UTF's 7.47% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RNEW VanEck Green Infrastructure ETF | 0.85% | 0.80% | 0.86% | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UTF Cohen & Steers Infrastructure Fund, Inc | 7.47% | 7.74% | 8.76% | 7.75% | 6.53% | 7.20% | 7.10% | 10.10% | 7.31% | 10.43% | 8.32% | 6.47% |
Drawdowns
RNEW vs. UTF - Drawdown Comparison
The maximum RNEW drawdown since its inception was -25.83%, smaller than the maximum UTF drawdown of -72.62%. Use the drawdown chart below to compare losses from any high point for RNEW and UTF. For additional features, visit the drawdowns tool.
Volatility
RNEW vs. UTF - Volatility Comparison
VanEck Green Infrastructure ETF (RNEW) has a higher volatility of 12.78% compared to Cohen & Steers Infrastructure Fund, Inc (UTF) at 10.60%. This indicates that RNEW's price experiences larger fluctuations and is considered to be riskier than UTF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.