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Global X Renewable Energy Producers ETF RNRG

Morningstar Medalist Rating
Medalist Rating as of | See Global X Investment Hub

Morningstar’s Analysis RNRG

Will RNRG outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RNRG’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RNRG management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of RNRG’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Global X Renewable Energy Producers ETF's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings RNRG

More RNRG Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 52.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Meridian Energy Ltd

6.67 2.5 Mil
Utilities

Orsted A/S

6.42 2.4 Mil
Utilities

Verbund AG Class A

6.01 2.2 Mil
Utilities

Centrais Eletricas Brasileiras SA

5.75 2.1 Mil
Utilities

Brookfield Renewable Partners LP

5.26 2.0 Mil
Utilities

EDP Renovaveis SA

5.26 2.0 Mil
Utilities

Mercury NZ Ltd

4.67 1.7 Mil
Utilities

ENGIE Brasil Energia SA

4.53 1.7 Mil
Utilities

Neoen SA

4.34 1.6 Mil
Utilities

Contact Energy Ltd

3.56 1.3 Mil
Utilities