TrueShares Eagle Global Renewable Energy Income ETFTrueShares Eagle Global Renewable Energy Income ETFTrueShares Eagle Global Renewable Energy Income ETF

TrueShares Eagle Global Renewable Energy Income ETF

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Key stats


Assets under management (AUM)
‪2.80 M‬USD
Fund flows (1Y)
‪−263.21 K‬USD
Dividend yield (indicated)
2.04%
Discount/Premium to NAV
0.2%
Shares outstanding
‪100.00 K‬
Expense ratio
0.75%

About TrueShares Eagle Global Renewable Energy Income ETF


Issuer
Truemark Group LLC
Brand
TrueShares
Inception date
Dec 8, 2022
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Truemark Investments LLC
Distributor
Paralel Distributors LLC
ISIN
US2103227490
RNWZ provides exposure to the global transition to clean energy. The fund aims to invest in US and non-US companies that primarily own or operate alternative or renewable energy facilities, such as those used in the development, generation, production, transmission, storage, and sale of biofuels, solar, wind, hydro, nuclear, or geothermal power. These assets typically generate stable cash flow streams from long-term contracts with governments, utilities, and corporations. The fund may hold small-, mid-, and large-cap equities, including depositary receipts. The fund adviser uses a fundamentally driven approach for selection, which includes analyzing global macroeconomic and geo-political factors, internal valuation methods, and projected rate of return. The fund adviser has full discretion to buy, hold, or sell portfolio securities at any time.

Broaden your horizons with more funds linked to this ETF via country, focus, and more.

Classification


Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Renewable energy
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Utilities
Stock breakdown by region
3%42%52%2%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
RNWZ trades at 27.32 USD today, its price has fallen −1.60% in the past 24 hours. Track more dynamics on RNWZ price chart.
RNWZ net asset value is 27.28 today — it's risen 1.06% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
RNWZ assets under management is ‪2.80 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
RNWZ price has risen by 0.97% over the last month, and its yearly performance shows a 21.53% increase. See more dynamics on RNWZ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.06% over the last month, showed a 9.95% increase in three-month performance and has increased by 23.48% in a year.
RNWZ fund flows account for ‪−263.21 K‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
RNWZ invests in stocks. See more details in our Analysis section.
RNWZ expense ratio is 0.75%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, RNWZ isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, RNWZ technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating RNWZ shows the strong buy signal. See more of RNWZ technicals for a more comprehensive analysis.
Yes, RNWZ pays dividends to its holders with the dividend yield of 2.04%.
RNWZ trades at a premium (0.17%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
RNWZ shares are issued by Truemark Group LLC
RNWZ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 8, 2022.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.