RNRG vs SPY
Global X Renewable Energy Producers ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, RNRG or SPY?
Mid Cap Blend against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 55.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | RNRG | SPY |
|---|---|---|
| Expense Ratio | 0.65% | 0.09%Best |
| AUM | $26M | $804.7B |
| Dividend Yield | 1.71% | 0.98% |
| Holdings | 40 | 505 |
| YTD Return | +0.29% | +12.47%Best |
| 1Y Return | +10.92% | +17.51%Best |
| 3Y Return (annualized) | +3.03% | +21.18%Best |
| 5Y Return (annualized) | -6.18% | +12.88%Best |
| Volatility (annualized) | 19.6% | 15.2%Best |
| Max Drawdown | -58.8% | -34.1%Best |
| $10,000 over 5 years | $7,269 | $18,327Best |
| Top 10 Weight | 55.8% | 38.0%Best |
| Fund Family | Global X by mirae Asset | State Street Investment Management |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | May 27, 2015 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: May 28, 2015 to Sep 11, 2026 (11.3 years).
RNRG vs SPY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 11.3 years both funds cover.
RNRG vs SPY Performance
Global X Renewable Energy Producers ETF (RNRG) is an ETF from Global X by mirae Asset and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year RNRG returned +10.92% while SPY returned +17.51%. Year to date, RNRG is up 0.29% versus a gain of 12.47% for SPY.
Over three years, RNRG compounded at +3.03% per year against +21.18% for SPY; over five years the annualized figures are -6.18% and +12.88% respectively. Across the full 11-year window we track, SPY has the edge at +12.74% annualized vs -2.11%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RNRG has been the more volatile fund, with annualized monthly volatility of 19.6% compared with 15.2% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -58.8% for RNRG and -34.1% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
RNRG charges 0.65% per year while SPY charges 0.09%. On a $10,000 position that is $65 vs $9 annually, a gap of $56 per year that compounds over a long holding period. On income, RNRG currently yields 1.71% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 33 holdings in RNRG and 504 in SPY, totalling 96.5% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 33 positions we hold weights for in RNRG and 504 in SPY, against full books of 40 and 505.
What only one of them owns
Our book lists 494 positions for SPY that do not appear in our book for RNRG (99.5% of the fund), and 5 for RNRG that do not appear in SPY (23.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of RNRG and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, RNRG or SPY?
RNRG has an expense ratio of 0.65% while SPY charges 0.09%. SPY is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, RNRG or SPY?
Over the past year RNRG returned +10.92% vs +17.51% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (11 years), RNRG annualized -2.11% vs +12.74% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RNRG or SPY?
RNRG has been the more volatile fund at 19.6% annualized versus 15.2% for SPY. Worst drawdown: RNRG -58.8% vs SPY -34.1%.
Should I hold both RNRG and SPY?
RNRG and SPY have a monthly-return correlation of 0.63, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, RNRG or SPY?
RNRG yields 1.71% while SPY yields 0.98%, so RNRG currently pays the higher dividend yield.
Is SPY better than RNRG?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 55.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.