RNWZ
TrueShares Eagle Global Renewable Energy Income ETF
RNWZ seeks long-term capital growth by actively managing a portfolio of renewable energy infrastructure companies from across the globe.
Global
EQUITY
Active
MANAGEMENT STYLE
$ 3.3 M
ASSETS UNDER MGMT
75 bp
EXPENSES
Fund Basics
| Inception date | Dec 08, 2022 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Annually |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| RWE AG | 11.9 % |
| SSE PLC | 8.3 % |
| EDP-ENERGIAS DE PORTUGAL SA | 6.1 % |
| AMERICAN ELECTRIC POWER | 5.4 % |
| P G & E CORP | 5.2 % |
| ACCIONA SA | 5.0 % |
| ENEL SPA | 4.5 % |
| ENDESA SA | 4.4 % |
| NEXTERA ENERGY GROUP | 4.4 % |
| MERIDIAN ENERGY LTD | 4.4 % |
Constituent Breakdown
| Number of holdings | 22 |
| Herfindahl-Hirschman Index | 530 |
| Wgt avg mkt cap (mns) | $40,065 |
| Large cap (>$10bn) | 74.3% |
| Mid cap ($2-10bn) | 20.3% |
| Small cap (<$2bn) | 3.5% |
| Developed mkts. | 98.2% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 34.2 % |
 |
SPAIN | 13.4 % |
 |
GERMANY | 11.9 % |
 |
BRITAIN | 8.3 % |
 |
NEW ZEALAND | 6.5 % |
 |
PORTUGAL | 6.1 % |
 |
ITALY | 4.5 % |
 |
CANADA | 4.0 % |
 |
AUSTRIA | 3.9 % |
 |
FINLAND | 3.4 % |
Historical Performance
Standardized Performance (as of 03/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 15.6% | 44.4% | 23.4% | 9.2% | -- | -- | -- | 7.9% |
| Dividend Yield | 0.4% | 3.5% | 2.7% | 3.0% | -- | -- | -- | 2.9% |
| Total Returns | 16.0% | 47.9% | 26.1% | 12.2% | -- | -- | -- | 10.8% | Ann. Volatility | 17.2% | 16.9% | 16.6% | 17.0% | -- | -- | -- | 16.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.48 | 29% |
| MSCI EAFE | 0.69 | 52% |
| MSCI Emg Mkts | 0.53 | 40% |
Liquidity Measures
| Avg. volume (000) | 2 |
| ADV traded (mns) | $0 |
| Turnover | 2.0% |
| Avg. Bid/Ask (% of price) | 0.39% |
Technical Indicators
| 30d moving avg. (EMA) | $31.92 |
| Relative strength (RSI) | 58 |
| MACD/Signal | 0.50/0.54 |
| Bollinger Bands (Upper/Lower) | $33.99/$30.14 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. RNWZ |
Expenses vs. RNWZ |
ALTAR Score™ vs. RNWZ |
|---|---|---|---|---|
| JXI | iShares Global Utilities ETF | 28.4% | -32 bp | -0.6% |
| IGF | iShares Global Infrastructure ETF | 20.1% | -34 bp | -1.2% |
| GII | SPDR S&P Global Infrastructure ETF | 20.1% | -35 bp | -1.2% |
| XLU | Utilities Select Sector SPDR | 18.0% | -67 bp | -0.9% |
| VPU | Vanguard Utilities ETF | 17.8% | -66 bp | -0.8% |
| SMOG | VanEck Low Carbon Energy ETF | 17.2% | -14 bp | -4.3% |
| FUTY | Fidelity MSCI Utilities Index ETF | 17.2% | -67 bp | -0.8% |
| IDU | iShares U.S. Utilities ETF | 17.0% | -35 bp | -1.3% |
| ZAP | Global X U.S. Electrification ETF | 16.5% | -25 bp | -2.3% |
| RSPU | Invesco S&P 500 Equal Weight Utilities ETF | 15.6% | -35 bp | -0.6% |
Risk and Returns: RNWZ vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 4/24/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
5.9%
ALTAR SCORE™
72nd
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 586 funds in the Global Equity category with an average
ALTAR Score™ of 4.4% and a standard deviation
of 2.6%. RNWZ's ALTAR Score™ is approximately 0.6 standard
deviations above the category average. This places RNWZ in the 72nd percentile
among funds in the category.
Sell-Side Consensus
$32.29
PRICE TARGET
-1.8%
UPSIDE