TrueShares Eagle Global Renewable Energy Income ETF
RNWZ
New York Stock Exchange Arca- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) is an actively managed exchange-traded fund that seeks long-term capital growth and income by investing primarily in equity securities of domestic and foreign companies that own or operate assets involved in the development, generation, production, transmission, storage, and sale of renewable energy sources, including solar power, wind power, biofuels, hydropower, and biomass; the portfolio typically comprises 25-30 holdings concentrated in renewables infrastructure owners and operators, with top positions in utilities and energy firms such as SSE PLC, RWE AG, HA Sustainable Infrastructure Capital, Clearway Energy Inc., PG&E Corp., American Electric Power Co. Inc., and NextEra Energy Inc.. RNWZ provides exposure to global renewable energy infrastructure across key regions including the United States (approximately 35% allocation), Eurozone (34%), United Kingdom (14%), Canada (7%), and Australasia (4%), targeting investors seeking thematic exposure to the clean energy transition amid declining renewables costs and supportive policies like the U.S. Inflation Reduction Act; the fund operates within the equity energy sector, with a net expense ratio of 0.75% and assets under management around USD 2.7 million. Launched on December 7, 2022, and listed on the NYSE Arca, RNWZ is issued by TrueShares, a Chicago, Illinois-based provider of actively managed ETFs powered by TrueMark Investments (founded 2019), with sub-advisory services provided by Houston, Texas-based Eagle Global Advisors (established 1996), whose energy infrastructure team manages the portfolio. In a recent operational update, RNWZ underwent a CUSIP change, ensuring continuity in its trading and administrative structure amid ongoing portfolio management. The ETF continues to emphasize its core strategy without reported acquisitions, funding rounds, or major strategic shifts in the past 1-2 years, maintaining focus on renewables amid sustained global decarbonization efforts.