(CNRG) SPDR Kensho Clean Power - Ratings and Ratios
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US78468R6559 • Equity Energy
CNRG: Solar, Wind, Hydro, Geothermal, Energy Storage, Electric Vehicles
The SPDR® Kensho Clean Power ETF (NYSE ARCA:CNRG) is designed to provide exposure to companies at the forefront of clean power innovation. Under normal market conditions, the fund invests at least 80% of its total assets in the securities of its underlying index, which tracks firms driving advancements in renewable energy, energy efficiency, and related technologies. While the fund primarily focuses on index constituents, it may also allocate to other equity securities, cash, and money market instruments. As a non-diversified fund, it may concentrate investments in a smaller number of securities, potentially increasing risk.
CNRG targets companies involved in sectors such as solar, wind, smart grid, and energy storage, leveraging Kenshos proprietary AI-driven methodology to identify innovative players in the clean energy transition. The fund is part of a family of Kensho ETFs known for their thematic focus and use of alternative data sources to construct indexes.
Additional Sources for CNRG ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
CNRG ETF Overview
Market Cap in USD | 143m |
Category | Equity Energy |
TER | 0.45% |
IPO / Inception | 2018-10-19 |
CNRG ETF Ratings
Growth 5y | 5.87% |
Fundamental | - |
Dividend | 36.5% |
Rel. Strength Industry | -15.1 |
Analysts | - |
Fair Price Momentum | 45.89 USD |
Fair Price DCF | - |
CNRG Dividends
Dividend Yield 12m | 1.43% |
Yield on Cost 5y | 2.64% |
Annual Growth 5y | 1.68% |
Payout Consistency | 81.3% |
CNRG Growth Ratios
Growth Correlation 3m | -76.4% |
Growth Correlation 12m | -15% |
Growth Correlation 5y | -33.1% |
CAGR 5y | 11.11% |
CAGR/Max DD 5y | 0.18 |
Sharpe Ratio 12m | -0.92 |
Alpha | -23.97 |
Beta | 1.08 |
Volatility | 34.96% |
Current Volume | 38.4k |
Average Volume 20d | 12.5k |
As of March 14, 2025, the stock is trading at USD 52.14 with a total of 38,400 shares traded.
Over the past week, the price has changed by -0.29%, over one month by -12.18%, over three months by -17.08% and over the past year by -15.41%.
Neither. Based on ValueRay Analyses, SPDR Kensho Clean Power is currently (March 2025) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of 5.87 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of CNRG as of March 2025 is 45.89. This means that CNRG is currently overvalued and has a potential downside of -11.99%.
SPDR Kensho Clean Power has no consensus analysts rating.
According to ValueRays Forecast Model, CNRG SPDR Kensho Clean Power will be worth about 51.3 in March 2026. The stock is currently trading at 52.14. This means that the stock has a potential downside of -1.63%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 51.3 | -1.6% |