ETF Evaluator: Global X Renewable Energy Producers ETF () Follow This ETF

Global X Renewable Energy Producers ETF Overview

Global X Renewable Energy Producers ETF (RNRG) is a passively managed Sector Equity Alternative Energy exchange-traded fund (ETF). Global X Funds launched the ETF in 2015.

The investment seeks to track, before fees and expenses, the price and yield performance of the Indxx Renewable Energy Producers Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index is designed to provide exposure to publicly traded companies that produce energy from renewable sources including wind, solar, hydroelectric, geothermal, and biofuels (including publicly traded companies that are formed to own operating assets that produce defined cash flows. The fund is non-diversified.

About Global X Renewable Energy Producers ETF (RNRG)

There are 2 members of the management team with an average tenure of 8.17 years: Nam To (2018) and Wayne Xie (2019). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: MSCI ACWI NR USD index with a weighting of 100% and Indxx Renew Energy Producers NR USD index with a weighting of 100%. Global X Renewable Energy Producers ETF has 41 securities in its portfolio. The top 10 holdings constitute 55.9% 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.

Global X Renewable Energy Producers ETF is part of the Equity global asset class and is within the Sector Equity ETF group. Global X Renewable Energy Producers ETF has 90.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 10.0% There is 90.1% 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). Global X Renewable Energy Producers ETF has -0.1% of the portfolio in cash.

Assets Under Management

The fund has $21 million in total assets, which is below the $409 million average for the Alternative 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.

RNRG 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 Global X Renewable Energy Producers ETF expense ratio is above average compared to funds in the Alternative Energy category. Global X Renewable Energy Producers ETF has an expense ratio of 0.65%, which is 5% higher than its category average, making the fund expense ratio grade a D. 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. Global X Renewable Energy Producers ETF has a portfolio turnover rate of 31%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 41% for the Alternative Energy category.

Recently, in the month of October 2026, Global X Renewable Energy Producers ETF returned -6.8%, which earned it a grade of C, as the Alternative Energy category had an average return of -7.8%. 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.

Global X Renewable Energy Producers ETF has a trailing yield of 1.95%, which is above the 1.67% category average. The fund normally distributes its income semi-annually.

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.

Global X Renewable Energy Producers ETF Grades

Year to date, the ETF has returned -9.2%, 1.5 percentage points worse than the category, which translates into a grade of C. The fund has returned -7.8% over the past year (grade of B), 4.0% over the past three years (grade of D) and -8.6% per year over the past five years (grade of C) and 1.4% per year over the past 10 years (grade of F).

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