ETF Evaluator:
Stt Strt® SPDR® S&P KenshoClnPwrETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Equity Energy Over the Last Year
| 73.1% | Invesco Oil & Gas Services ETF (PXJ) |
| 73.1% | BP p.l.c. ADRhedged (BPH) |
| 69.1% | Stt Strt®SPDR®S&P®Oil &GasEqpmnt&SvcsETF (XES) |
| 66.9% | VanEck Oil Refiners ETF (CRAK) |
| 60.9% | VanEck Oil Services ETF (OIH) |
Risk
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Risk
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ETF Details
Stt Strt® SPDR® S&P KenshoClnPwrETF Overview
Stt Strt® SPDR® S&P KenshoClnPwrETF (CNRG) is a passively managed Sector Equity Equity Energy exchange-traded fund (ETF). State Street Investment Management launched the ETF in 2018.
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Clean Power Index.
Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to capture companies whose products and services are driving innovation behind clean power. The fund may invest in equity securities that are not included in the index, cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds. It is non-diversified.
About Stt Strt® SPDR® S&P KenshoClnPwrETF (CNRG)
There are 3 members of the management team with an average tenure of 5.44 years: Mark Krivitsky (2018), Kathleen Morgan (2018) and Karl Schneider (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and S&P Kensho Clean Power TR USD index with a weighting of 100%. Stt Strt® SPDR® S&P KenshoClnPwrETF has 42 securities in its portfolio. The top 10 holdings constitute 34.5% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is considered to have an ESG focus with its investment selection and management.
Stt Strt® SPDR® S&P KenshoClnPwrETF is part of the Equity global asset class and is within the Sector Equity ETF group. Stt Strt® SPDR® S&P KenshoClnPwrETF has 22.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 77.3% There is 22.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Stt Strt® SPDR® S&P KenshoClnPwrETF has 0.1% of the portfolio in cash.
Assets Under Management
The fund has $198 million in total assets, which is below the $1 billion average for the Equity Energy category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
CNRG Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Stt Strt® SPDR® S&P KenshoClnPwrETF expense ratio is average compared to funds in the Equity Energy category. Stt Strt® SPDR® S&P KenshoClnPwrETF has an expense ratio of 0.45%, which is 17% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Stt Strt® SPDR® S&P KenshoClnPwrETF has a portfolio turnover rate of 42%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 28% for the Equity Energy category.
Recently, in the month of July 2026, Stt Strt® SPDR® S&P KenshoClnPwrETF returned -19.5%, which earned it a grade of F, as the Equity Energy category had an average return of 5.2%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Stt Strt® SPDR® S&P KenshoClnPwrETF has a trailing yield of 1.34%, which is below the 2.25% category average.
The fund normally distributes its income quarterly.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Stt Strt® SPDR® S&P KenshoClnPwrETF Grades
Year to date, the ETF has returned 2.0%, 26.4 percentage points worse than the category, which translates into a grade of F. The fund has returned 37.8% over the past year (grade of D), 3.9% over the past three years (grade of F) and -0.4% per year over the past five years (grade of F).
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CNRG Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| CNRG Return (NAV) | -19.5% | -11.8% | 37.8% | 3.9% | -0.4% | na |
| CNRG Return (Price) | -19.5% | -11.7% | 37.8% | 3.9% | -0.4% | na |
| NAV +/- Price Return | -0.027% | -0.068% | -0.052% | 0.001% | 0.021% | na |
| Equity Energy Avg | 5.2% | -3.4% | 41.0% | 12.5% | 18.2% | 6.1% |
| CNRG Grade (NAV) | F | F | D | F | F | na |
| +/- Category (NAV) | -24.7% | -8.4% | -3.2% | -8.5% | -18.6% | na |
| CNRG Tax-Cost Ratio | na | na | 0.5% | 0.5% | 0.5% | na |
CNRG Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| CNRG Return (NAV) | 2.0% | 50.2% | -14.6% | -11.4% | -8.1% | -15.5% | 139.6% | 62.0% | na | na | na |
| CNRG Return (Price) | 2.0% | 50.2% | -14.5% | -11.5% | -8.0% | -15.7% | 138.4% | 63.2% | na | na | na |
| NAV +/- Price Ret | -0.011% | -0.001% | -0.007% | 0.010% | -0.009% | 0.007% | -0.008% | 2.0% | na | na | na |
| Equity Energy Avg | 28.5% | 10.4% | 2.7% | 3.9% | 43.8% | 43.2% | -22.2% | 6.8% | -24.5% | -4.1% | 26.3% |
| CNRG Grade (NAV) | F | A | F | F | F | F | A | A | na | na | na |
| +/- Category | -26.4% | 39.8% | -17.3% | -15.3% | -51.9% | -58.7% | 161.7% | 55.2% | na | na | na |
| Risk Measures | |
| Beta: | 1.95 |
| R-Squared: | 47% |
| Standard Deviation: | 35.7% |
| Category Risk Index: | 1.69 |
| Category Risk Rating: | High |
| Total Risk Index: | 2.91 |
| Total Risk Rating: | High |
| Portfolio Characteristics | |
| Yield: | 1.3% |
| Total Assets: | $ 198 Mil |
| Share Class Assets: | $ 198 Mil |
| Turnover: | 42.0% |
| Expense Ratio: | 0.45% |
| Index Fund: | Yes |
| Index Tracked: | S&P 500 (TR) (1970) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | Yes |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 7.8 years | |||
| Average Tenure: 5.4 years | |||
| Managers (Year): Krivitsky Mark (2018), Morgan Kathleen (2018), Schneider Karl (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 42 |
| % in Top 10 Holdings: | 34.5% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 22.6% |
Portfolio Allocation |
|
| Domestic Stock: | 77.3% |
| Foreign Stock: | 22.6% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.1% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | State Street Investment Management |
| Phone Number: | 866-787-2257 |
| Website: | www.spdrs.com |
| Inception Date: | October 19, 2018 |
Expenses and Fees
| Expense Ratio (%): | 0.45% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.54% |
