ETEC vs. RNEW ETF Comparison
Comparison of iShares Breakthrough Environmental Solutions ETF (ETEC) to VanEck Green Infrastructure ETF (RNEW)
ETEC
iShares Breakthrough Environmental Solutions ETF
ETEC Description
ETEC provides exposure to global equities categorized as emerging green technology. Selection begins with the initial index universe that then excludes companies involved in controversial issues against UNGC principles. Stocks are reviewed to meet revenue derived from eight sustainable themes: energy efficiency, green buildings and transportation, pollution prevention and reduction, renewable energy, resource efficiency technologies and services, water, and sustainable agriculture, food, and forestry. The fund excludes companies with total sustainable product revenue less than 25%. The remaining stocks are screened further to only include companies classified as green technologies. Stocks are scored within the Rogers innovation adoption curve to determine their position across the innovators-laggards spectrum, which contributes to an aggregate score. The top 50 companies with the highest aggregate scores are selected. The market cap-weighted index is reconstituted annually in December and rebalanced quarterly.
Grade (RS Rating)
Last Trade
$19.76
Average Daily Volume
519
11
RNEW
VanEck Green Infrastructure ETF
RNEW Description
The fund normally invests at least 80% of its total assets in securities of Green Infrastructure Companies. The index is a U.S. index that tracks the performance of Green Infrastructure Companies. "Green Infrastructure Companies" are companies that seek to positively impact the environment through the production, transmission, or distribution of green energy and/or through the establishment of sustainable infrastructure to facilitate the use of green energy. The fund is non-diversified.Grade (RS Rating)
Last Trade
$25.29
Average Daily Volume
132
39
Performance
| Period | ETEC | RNEW |
|---|---|---|
| 30 Days | -3.35% | 4.52% |
| 60 Days | -6.11% | 1.13% |
| 90 Days | -3.59% | -0.95% |
| 12 Months | -7.07% | 12.92% |
ETEC Underweight 34 Positions Relative to RNEW
| Symbol | Grade | Weight | |
|---|---|---|---|
| LNG | A | -6.86% | |
| PWR | A | -6.03% | |
| CLH | C | -6.0% | |
| RSG | A | -5.71% | |
| WM | B | -5.62% | |
| ECL | D | -5.24% | |
| DCI | B | -4.93% | |
| RIVN | F | -4.73% | |
| CWST | A | -3.22% | |
| IDA | A | -3.11% | |
| ITRI | C | -2.99% | |
| SWX | B | -2.9% | |
| ORA | B | -2.65% | |
| NWE | C | -1.77% | |
| BE | B | -1.62% | |
| CWEN | C | -1.21% | |
| RUN | F | -1.19% | |
| NFE | D | -1.05% | |
| NEP | F | -0.85% | |
| PLUG | F | -0.77% | |
| SPH | C | -0.63% | |
| ERII | F | -0.6% | |
| ARRY | F | -0.53% | |
| SHLS | F | -0.52% | |
| AMRC | D | -0.52% | |
| REX | D | -0.45% | |
| MNTK | F | -0.4% | |
| MEG | F | -0.39% | |
| GPRE | F | -0.38% | |
| CLNE | F | -0.36% | |
| AMPS | C | -0.29% | |
| CHPT | F | -0.27% | |
| NOVA | F | -0.23% | |
| SES | F | -0.06% |
ETEC: Top Represented Industries & Keywords
RNEW: Top Represented Industries & Keywords
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