RNRG vs. UTG
Compare and contrast key facts about Global X Funds Global X Renewable Energy Producers ETF (RNRG) and Reaves Utility Income Trust (UTG).
RNRG is a passively managed fund by Global X that tracks the performance of the Indxx Renewable Energy Producers Index. It was launched on May 28, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RNRG or UTG.
Correlation
The correlation between RNRG and UTG is 0.42, 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
RNRG vs. UTG - Performance Comparison
Key characteristics
RNRG:
-0.32
UTG:
1.80
RNRG:
-0.30
UTG:
2.10
RNRG:
0.96
UTG:
1.35
RNRG:
-0.12
UTG:
2.29
RNRG:
-0.50
UTG:
8.12
RNRG:
13.76%
UTG:
4.21%
RNRG:
21.31%
UTG:
19.01%
RNRG:
-58.79%
UTG:
-67.59%
RNRG:
-54.87%
UTG:
-7.10%
Returns By Period
In the year-to-date period, RNRG achieves a -1.15% return, which is significantly lower than UTG's 1.37% return.
RNRG
-1.15%
-1.04%
-15.01%
-7.28%
-6.30%
N/A
UTG
1.37%
-3.28%
-0.48%
31.27%
9.43%
8.94%
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Risk-Adjusted Performance
RNRG vs. UTG — Risk-Adjusted Performance Rank
RNRG
UTG
RNRG vs. UTG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Funds Global X Renewable Energy Producers ETF (RNRG) and Reaves Utility Income Trust (UTG). 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
RNRG vs. UTG - Dividend Comparison
RNRG's dividend yield for the trailing twelve months is around 1.49%, less than UTG's 7.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RNRG Global X Funds Global X Renewable Energy Producers ETF | 1.49% | 1.47% | 1.43% | 1.15% | 1.10% | 3.17% | 2.96% | 5.24% | 4.14% | 5.02% | 3.48% | 0.00% |
UTG Reaves Utility Income Trust | 7.22% | 7.19% | 8.53% | 8.07% | 6.35% | 6.59% | 5.69% | 6.86% | 6.54% | 9.42% | 7.24% | 5.47% |
Drawdowns
RNRG vs. UTG - Drawdown Comparison
The maximum RNRG drawdown since its inception was -58.79%, smaller than the maximum UTG drawdown of -67.59%. Use the drawdown chart below to compare losses from any high point for RNRG and UTG. For additional features, visit the drawdowns tool.
Volatility
RNRG vs. UTG - Volatility Comparison
Global X Funds Global X Renewable Energy Producers ETF (RNRG) and Reaves Utility Income Trust (UTG) have volatilities of 11.25% and 11.55%, 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.