RNEW vs. SDP ETF Comparison
Comparison of VanEck Green Infrastructure ETF (RNEW) to ProShares UltraShort Utilities (SDP)
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
$24.85
Average Daily Volume
170
10
SDP
ProShares UltraShort Utilities
SDP Description
The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. UtilitiesSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the utilities sector of the U.S. equity market. Component companies include, among others, electric utilities, gas utilities, multi-utilities and water utilities. The fund is non-diversified.Grade (RS Rating)
Last Trade
$7.39
Average Daily Volume
39,603
46
Performance
| Period | RNEW | SDP |
|---|---|---|
| 30 Days | -2.12% | -12.91% |
| 60 Days | 1.50% | -17.32% |
| 90 Days | 2.01% | -28.91% |
| 12 Months | 10.09% | -51.89% |
0 Overlapping Holdings
| Symbol | Grade | Weight in RNEW | Weight in SDP | Overlap |
|---|
RNEW Underweight 46 Positions Relative to SDP
| Symbol | Grade | Weight | |
|---|---|---|---|
| NEE | A | -12.13% | |
| SO | A | -6.91% | |
| D | A | -6.77% | |
| DUK | A | -6.69% | |
| AEP | C | -4.77% | |
| EXC | A | -4.51% | |
| SRE | A | -4.34% | |
| XEL | A | -3.36% | |
| WEC | A | -2.98% | |
| ED | A | -2.94% | |
| PEG | A | -2.93% | |
| ES | C | -2.81% | |
| EIX | A | -2.7% | |
| FE | B | -2.6% | |
| PPL | A | -2.56% | |
| DTE | A | -2.52% | |
| ETR | A | -2.46% | |
| AWK | B | -2.31% | |
| AEE | A | -1.92% | |
| CMS | A | -1.82% | |
| EVRG | C | -1.5% | |
| LNT | A | -1.35% | |
| ATO | A | -1.34% | |
| AES | B | -1.33% | |
| CNP | B | -1.33% | |
| WTRG | D | -1.07% | |
| NI | A | -1.06% | |
| PNW | A | -1.03% | |
| VST | A | -1.01% | |
| NRG | A | -0.95% | |
| UGI | C | -0.91% | |
| MDU | C | -0.58% | |
| IDA | C | -0.54% | |
| HE | F | -0.51% | |
| POR | C | -0.51% | |
| OGS | C | -0.49% | |
| BKH | C | -0.49% | |
| SR | C | -0.42% | |
| ALE | A | -0.42% | |
| SWX | C | -0.41% | |
| NJR | C | -0.41% | |
| PNM | B | -0.4% | |
| NFG | A | -0.38% | |
| NWE | B | -0.37% | |
| AVA | D | -0.32% | |
| AGR | C | -0.28% |
RNEW: Top Represented Industries & Keywords
SDP: Top Represented Industries & Keywords
Compare ETFs
