Share-split context: A reverse split was recorded on Sep 2, 2025 with coefficient 0.333333. A reverse split combines multiple old shares into fewer new shares and mechanically raises the quoted price per share. That mechanical increase does not restore lost investment value. The returns in this report are already split-adjusted, while reverse-split history remains a separate structural warning.

ETF Education Report: Global X Renewable Energy Producers ETF (RNRG)

What this ETF is trying to do

The Global X Renewable Energy Producers ETF (RNRG) is an exchange-traded fund that focuses on companies involved in renewable energy. Based on its top holdings, the fund invests in various energy producers such as Axia Energia, Verbund AG Class A, and EDP Renewables SA. This list is a partial view of the fund's total holdings, which includes 41 companies in total. Please remember that holdings can change over time.

What the numbers show

When looking at ETF performance, it is important to understand the difference between "price return" and "total return." Price return only tracks how much the share price moves. Total return includes both the price movement and any cash distributions paid out to investors.

Here is how RNRG has performed:

• Year-to-Date (YTD): The price return is approximately -4.04%, while the total return is approximately -3.46%.

• One-Year: The price return is approximately -3.82%, while the total return is approximately -2.16%.

• Three-Year: The price return is approximately 12.24%, while the total return is approximately 17.09%.

It is also important to note that this ETF has a history of a reverse split. On September 2, 2025, a reverse split occurred where multiple old shares were combined into fewer new shares. This caused the quoted per-share price to rise mechanically, but this does not mean the investment value increased.

Income and distribution explanation

Some investors look for ETFs that pay out cash, known as distributions. RNRG has a distribution yield of approximately 1.84%. This means the cash distributions are about 1.84% of the current share price. Over the last 12 months, there were two distributions. The frequency of these payments is described as irregular or less frequent.

It is important to remember that a distribution yield is not the same as total return. A high yield does not guarantee that an investor will earn that percentage in total profit.

NAV erosion explanation

"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). While a falling share price can sometimes be related to erosion, they are not the same thing.

StockValueFinder uses an "erosion-risk score" to measure this risk. RNRG has an erosion score of 94, which is labeled as "Stable / sideways." The erosion severity is rated as "good," and there is no severe erosion-risk flag for this ETF.

Pros

• The fund has shown a positive total return over the last three years of approximately 17.09%.

• The erosion-risk measurements suggest the fund is currently considered stable or sideways.

Cons

• The fund has experienced a negative total return over the last five years of approximately -26.92%.

• Recent one-year and year-to-date performance for both price and total returns have been negative.

Beginner takeaway

When studying RNRG, keep in mind that price changes and cash distributions are two different parts of an investment's performance. Always look at the "total return" to see the full picture, and remember that past performance does not predict future results.