RNEW vs. GRID ETF Comparison
Comparison of VanEck Green Infrastructure ETF (RNEW) to First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID)
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
$23.81
Average Daily Volume
108
Number of Holdings
*
41
* may have additional holdings in another (foreign) market
GRID
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX(R) Clean Edge(R) Smart Grid Infrastructure Index(SM). The fund normally invests at least 90% of assets in common stocks that comprise the index or in depositary receipts representing securities in the index. The index is designed to act as a transparent and liquid benchmark for the grid and electric energy infrastructure sector. The fund is non-diversified.Grade (RS Rating)
Last Trade
$122.03
Average Daily Volume
103,191
Number of Holdings
*
44
* may have additional holdings in another (foreign) market
Performance
| Period | RNEW | GRID |
|---|---|---|
| 30 Days | -4.19% | -2.99% |
| 60 Days | -6.22% | 0.22% |
| 90 Days | -2.75% | 8.09% |
| 12 Months | 9.00% | 37.93% |
RNEW Overweight 37 Positions Relative to GRID
| Symbol | Grade | Weight | |
|---|---|---|---|
| CLH | C | 5.94% | |
| LNG | A | 5.91% | |
| RSG | D | 5.63% | |
| ECL | C | 5.45% | |
| WM | A | 5.44% | |
| DCI | B | 4.79% | |
| RIVN | F | 4.4% | |
| BWA | D | 4.23% | |
| FSLR | C | 3.47% | |
| LCID | F | 3.3% | |
| CWST | D | 3.23% | |
| SRCL | A | 3.01% | |
| SWX | C | 2.86% | |
| IDA | A | 2.8% | |
| ORA | B | 2.48% | |
| NWE | D | 1.84% | |
| RUN | C | 1.72% | |
| NEP | F | 1.29% | |
| BE | D | 1.23% | |
| CWEN | C | 1.21% | |
| NFE | F | 1.0% | |
| PLUG | C | 0.81% | |
| SPH | A | 0.64% | |
| AMRC | C | 0.56% | |
| ERII | A | 0.55% | |
| ARRY | D | 0.54% | |
| MEG | F | 0.48% | |
| SHLS | F | 0.45% | |
| REX | F | 0.43% | |
| MNTK | B | 0.42% | |
| GPRE | F | 0.41% | |
| NOVA | F | 0.38% | |
| CLNE | D | 0.36% | |
| AMPS | C | 0.31% | |
| CHPT | F | 0.3% | |
| SES | F | 0.1% | |
| FCEL | F | 0.08% |
RNEW Underweight 40 Positions Relative to GRID
| Symbol | Grade | Weight | |
|---|---|---|---|
| ETN | B | -8.84% | |
| JCI | B | -8.18% | |
| ABBV | A | -7.64% | |
| HUBB | B | -4.08% | |
| APTV | F | -3.0% | |
| NVDA | B | -2.3% | |
| ORCL | B | -2.04% | |
| NVT | D | -1.78% | |
| CSCO | B | -1.57% | |
| IBM | C | -1.49% | |
| QCOM | D | -1.29% | |
| TXN | A | -1.28% | |
| HON | B | -1.06% | |
| ADI | C | -0.79% | |
| AEIS | A | -0.53% | |
| GEV | A | -0.52% | |
| ATKR | F | -0.49% | |
| EMR | B | -0.46% | |
| NXPI | C | -0.38% | |
| MYRG | B | -0.26% | |
| FLNC | B | -0.17% | |
| AMSC | A | -0.13% | |
| SEDG | F | -0.13% | |
| WLDN | B | -0.1% | |
| TRMB | A | -0.1% | |
| GNRC | A | -0.07% | |
| AES | F | -0.07% | |
| PLPC | A | -0.06% | |
| MTZ | A | -0.05% | |
| WCC | A | -0.05% | |
| LFUS | D | -0.04% | |
| VMI | A | -0.04% | |
| ENS | F | -0.03% | |
| BDC | B | -0.03% | |
| ACA | B | -0.03% | |
| STM | F | -0.02% | |
| ESE | A | -0.02% | |
| DGII | B | -0.01% | |
| AZZ | D | -0.01% | |
| EBR | F | -0.0% |
RNEW: Top Represented Industries & Keywords
Industries:
Waste Management
Solar
Utilities - Independent Power Producers
Auto Manufacturers
Utilities - Regulated Gas
Auto Parts
Electronic Components
Engineering & Construction
Specialty Chemicals
Utilities - Diversified
Utilities - Regulated Electric
Chemicals
Conglomerates
Diversified Industrials
Oil & Gas Midstream
Oil & Gas Refining & Marketing
Pollution & Treatment Controls
Scientific & Technical Instruments
Semiconductor Equipment & Materials
Utilities - Renewable
Keywords:
Electricity
Natural Gas
S&P 500
Alternative Energy
Solar Energy
Energy Conversion
Electric Vehicle
Fuel
Landfill
Photovoltaics
Waste Management
Energy Projects
Landfill Gas
Nasdaq 100
Photovoltaic System
Recycling
Renewable Energy
Solar Power
Sustainability And Environmental Management
Transport
GRID: Top Represented Industries & Keywords
Industries:
Electronic Components
Semiconductors
Diversified Industrials
Engineering & Construction
Scientific & Technical Instruments
Communication Equipment
Utilities - Renewable
Auto Manufacturers
Auto Parts
Drug Manufacturers - Major
Electronics Distribution
Industrial Distribution
Information Technology Services
Infrastructure Operations
Metal Fabrication
Semiconductor Equipment & Materials
Software - Infrastructure
Solar
Specialty Industrial Machinery
Utilities - Diversified
Keywords:
S&P 500
Nasdaq 100
Computing
Electrical Engineering
Integrated Circuits
Telecommunications
Electricity
Fabless Semiconductor Companies
Mining
Natural Gas
Semiconductor
Electrical Products
Electromagnetism
Fiber Optics
Power Management
Renewable Energy
Telecommunications Equipment
Analog Devices
Batteries
Broadband
Compare ETFs
