SPDR S&P Kensho Clean Power ETF (CNRG)
ARCA ARCA Primary Summary
CNRG Chart
CNRG and PBW Both Track Clean Energy but One Fell 61% in the Last Downturn While the Other Lost 23%
The SPDR S&P Kensho Clean Power ETF (NYSEARCA:CNRG) and the Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) both sit in the clean energy aisle, but they are not interchangeable.
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SPDR S&P Kensho Clean Power ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| YA Yinka Akinsola Blue Trust Inc. | 3 | $270.96 | $296.2 | $25.24 | 9.32% |
 Andrew Endelman Independent Wealth Network Inc. | 5,297 | $319,679.26 | $527,395.8 | $207,716.54 | 64.98% |
| DM David Mailloux WealthCare Investment Partners LLC | 7,415 | $479,919.16 | $748,136.42 | $268,217.26 | 55.89% |
 Lukas Lindgren Abound Wealth Management | 14 | $1,183 | $1,403.36 | $220.36 | 18.63% |
| SM Sarah Moore BOS Asset Management LLC | 3,627 | $235,674.74 | $349,316.37 | $113,641.63 | 48.22% |
SPDR S&P Kensho Clean Power ETF (CNRG) FAQ
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SPDR S&P Kensho Clean Power ETF Profile
| ARCA Exchange | US Country |
Overview
The investment strategy focuses on seeking to mirror the performance of the S&P Kensho Clean Power Index, minus fees and expenses. Primarily, this involves investing at least 80% of the fund's total assets in the securities that form part of the index. The Index itself is meticulously designed to encompass companies that are at the forefront of driving innovation in the clean power sector. This indicates a strategic focus on investments in entities that contribute to the advancement of clean energy technologies and solutions. As a market approach, the fund is structured to maintain a non-diversified portfolio, which means it may concentrate its investments in fewer securities than a diversified fund.
Products and Services
- Securities from the S&P Kensho Clean Power Index
These form the core of the fund's investments, aiming to closely replicate the Index's performance. By investing in companies featured within the Index, the fund supports and capitalizes on entities leading the charge in clean power innovation. This includes businesses involved in renewable energy production, energy storage solutions, and other technologies enhancing energy efficiency and sustainability.
- Equity Securities Not Included in the Index
While the fund primarily focuses on securities within the Index, it also reserves the right to invest in equity securities outside of the Index. This provides the fund with flexibility to capitalize on opportunities that may not be captured by the Index but are within the broad scope of clean power and technology innovation. Such investments allow for potentially enhanced returns and strategic diversification within the fund's portfolio.
- Cash and Cash Equivalents
The fund may allocate a portion of its assets to cash and cash equivalents, which include highly liquid investments such as money market instruments, repurchase agreements, and money market funds. This strategy is employed for managing liquidity needs, risk management, and operational flexibility. It ensures that the fund can meet redemption requests from investors and capitalize on investment opportunities promptly.
