Do CCSO and CNRG hold the same stocks?

By their latest filings, 14% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, CCSO or CNRG?

CCSO has 47% of its weight in S&P 500 names and CNRG has 28%, so CCSO differs more from the index.

Which is cheaper, CCSO or CNRG?

CCSO charges 0.35% a year and CNRG charges 0.45%, so CCSO is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

CCSO vs CNRG: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, CCSO returned −0.2% to CNRG's −14.9%; 14% of their weight is in the same names.

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Net assets: $46m on Jul 31, 2026 for Carbon Collective Climate Solutions U.S. Equity ETF, and $167m on Nov 3, 2026 for State Street SPDR S&P Kensho Clean Power ETF.

CCSO on its own →CNRG on its own →

At a glance

47.4%

CCSO in the S&P 500

27.8%

CNRG in the S&P 500

−0.2%

CCSO total return, 1 year

−14.9%

CNRG total return, 1 year

CCSO · 1 year to Nov 4, 2026 53% of its weight is outside the S&P 500

47% of CCSO's weight is in S&P 500 companies and 53% is outside the index. Holdings as of Jul 31, 2026.

CNRG · 1 year to Nov 4, 2026 72% of its weight is outside the S&P 500

28% of CNRG's weight is in S&P 500 companies and 72% is outside the index. Holdings as of Nov 3, 2026.

Pair scorecard

CCSO costs 0.10 points a year less; their one-year returns differ by 14.7 points.

Points (pts) are percentage points.

CCSO vs CNRG: Holdings Overlap & Returns
Measure	CCSO	CNRG
Return
Measure	CCSO	CNRG
Total return, 1 year	−0.2%	−14.9%
Drawdown
Measure	CCSO	CNRG
Below its all-time high	18.1%, high on Jun 2, 2026	40.7%, high on Feb 9, 2021
Against its benchmark
Measure	CCSO	CNRG
What it tracks	Clean energy	Clean energy
Against the S&P 500, 1 year	behind by 15.0 pts	behind by 29.7 pts
Its benchmark, total return, 1 year	+14.8%	+14.8%
Against its benchmark, 1 year	behind by 15.0 pts	behind by 29.7 pts
Cost and size
Measure	CCSO	CNRG
Expense ratio	0.35%	0.45%
Net assets, CCSO as of Jul 31, 2026 and CNRG as of Nov 3, 2026	$46m	$167m
Holdings
Measure	CCSO	CNRG
Holdings in common	14%

Method

Risk and return

Sep 30, 2022 to Oct 30, 2026 · 213 weekly returns · each against VOO

CCSO CNRG

Return

Total return edge CCSO +38.6% −5.2%

Annualized edge CCSO +8.3% −1.3%

Price return edge CCSO +35.6% −9.9%

Risk

Volatility edge CCSO 21.0% 30.5%

Max drawdown edge CCSO −22.8% −48.7%

Downside capture 120.9% 139.1%

Beta 1.13 1.28

Risk-adjusted

Sharpe edge CCSO 0.27 −0.04

Sortino edge CCSO 0.39 −0.06

Treynor 0.049 −0.010

Calmar edge CCSO 0.36 −0.03

Against the benchmark

Alpha −12.6% a year −21.9% a year

Alpha t-stat −1.89 −1.79

Information ratio −0.78 −0.70

Tracking error 13.5% 24.7%

Reading

From Sep 2022 to Oct 2026, CCSO returned more: +38.6% to −5.2%. CCSO swung less: 21.0% to 30.5%. CCSO fell less at its worst: −22.8% to −48.7%.

Full scorecard

19 measures, with how each is measured Open ↓

Risk and return: CCSO vs CNRG: Holdings Overlap & Returns
Measure	CCSO	CNRG	VOO	Edge	How it is measured
Return
Total return	+38.6%	−5.2%		CCSO	Price change plus distributions, reinvested.
Annualized	+8.3%	−1.3%		CCSO	Total return as a yearly rate.
Price return	+35.6%	−9.9%		CCSO	Price change alone, distributions left out.
Risk
Volatility	21.0%	30.5%		CCSO	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	14.1%	21.1%		CCSO	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−22.8%	−48.7%		CCSO	Deepest fall from a high to the low after it.
Upside capture	96.4%	104.1%	100.0%	CNRG (slight)	Share of its benchmark's rise caught in the weeks it rose.
Downside capture	120.9%	139.1%	100.0%	CCSO	Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta	1.13	1.28	1.00	CCSO lower	How far it moves for each 1% its benchmark moves.
R squared	0.60	0.36	1.00	Not an edge	Share of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe	0.27	−0.04		CCSO	Return above Treasury bills per unit of volatility.
Sortino	0.39	−0.06		CCSO	Return above Treasury bills per unit of downside deviation.
Treynor	0.049	−0.010	0.161	CCSO	Return above Treasury bills per unit of beta.
Calmar	0.36	−0.03		CCSO	Annualized return divided by the max drawdown.
Against the benchmark
Benchmark	VOO	VOO	VOO		The ETF each fund is measured against.
Alpha	−12.6% a year	−21.9% a year	0.0%	Not significant	Yearly return beyond what its beta to the benchmark predicts.
Alpha t-stat	−1.89	−1.79		Not an edge	How sure the alpha is. Below 2, it could be chance.
Alpha range	−25.8% to +0.5%	−46.0% to +2.2%		Both include zero	The 95% range for the yearly alpha.
Information ratio	−0.78	−0.70		CNRG (slight)	Return against its benchmark per unit of tracking error.
Tracking error	13.5%	24.7%	0.0%	Not an edge	How far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 213 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

14%

By the books each fund has filed, CCSO and CNRG hold 14% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 3, 2026.

50%

0 half 100%

half

14% in common

Positions both hold · largest shared weight first CCSO CNRG

GE Vernova Inc 4.71% 4.08%

Enlight Renewable Energy Ltd 3.38% 2.78%

First Solar Inc 2.24% 2.88%

Nextpower Inc 1.28% 3.31%

Valmont Industries Inc 0.93% 2.61%

Ormat Technologies Inc 0.60% 2.66%

Enphase Energy Inc 0.46% 2.32%

Plug Power Inc 0.28% 1.90%

SolarEdge Technologies Inc 0.26% 2.33%

Fluence Energy Inc 0.25% 0.78%

Sunrun Inc 0.23% 2.81%

ReNew Energy Global PLC 0.21% 1.95%

Only in one fund ↓

Only in CCSO

Nucor Corp 5.82%

Republic Services Inc 5.55%

Johnson Controls International Public Limited Company 5.52%

Waste Management Inc 5.41%

Southern Copper Corp 5.36%

Carrier Global Corp 4.79%

Quanta Services Inc 4.51%

Cameco Corp 3.72%

Only in CNRG

CONSTELLATION ENERGY 4.20%

TRANSALTA CORP 4.12%

AES CORP 3.93%

NEXTERA ENERGY INC 3.82%

BLOOM ENERGY CORP A 3.52%

AVISTA CORP 3.47%

GENERAC HOLDINGS INC 3.38%

CIA ENERGETICA DE SPON ADR 3.37%

Check overlap with more funds →

Window by window

Window by window: CCSO vs CNRG: Holdings Overlap & Returns
	Total return		vs its benchmark
Window	CCSO	CNRG	CCSO	CNRG
3 months	−10.0%	−13.7%	−9.9 pts vs VOO	−13.6 pts vs VOO
6 months	−16.1%	−24.1%	−21.1 pts vs VOO	−29.1 pts vs VOO
1 year	−0.2%	−14.9%	−15.0 pts vs VOO	−29.7 pts vs VOO
3 years	+43.6%	+31.6%	−39.7 pts vs VOO	−51.7 pts vs VOO
Since launchNot the same days: CCSO Sep 2022 · CNRG Oct 2018	+28.1%	+204.0%	−82.8 pts vs VOO	−13.5 pts vs VOO

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Side by side

CCSO Carbon Collective Climate Solutions U.S. Equity ETF · Holds 121 stocks in clean energy, 47% of its weight in S&P 500 companies CNRG State Street SPDR S&P Kensho Clean Power ETF · Holds 38 stocks in clean energy, 28% of its weight in S&P 500 companies

Issuer Carbon Collective State Street

Theme Clean energy Clean energy

In the S&P 500 47.4% 27.8%

Active share vs the S&P 500 98.7% 96.9%

In the Nasdaq-100 0.0% 7.4%

Holdings 121 38

Top ten, share of the fund 48.9% 37.4%

Expense ratio 0.35% 0.45%

Fee for the differing part 0.35% 0.46%

Total return, 1 year −0.2% −14.9%

vs its benchmark −15.0 pts vs VOO −29.7 pts vs VOO

Below its high −18.1% −40.7%

Net assets, CCSO as of Jul 31, 2026 and CNRG as of Nov 3, 2026 $46m $167m

As of Nov 4, 2026. Source: ETFIQ.

14% of the two portfolios are the same securities at the same weight.

Client brief:

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About each fund

CCSO

By weight, 47% of CCSO's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 49% of the fund across 121 positions, as filed for Jul 31, 2026. Over the year to Nov 4, 2026 the fund returned −0.2% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Total Return Index, so a holder was behind by 15.0 pts. It sits 18.1% below its all-time high of Jun 2, 2026.

CNRG

By weight, 28% of CNRG's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 37% of the fund across 38 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned −14.9% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Index, so a holder was behind by 29.7 pts. It sits 40.7% below its all-time high of Feb 9, 2021.

Questions people ask

Do CCSO and CNRG hold the same stocks?: By their latest filings, 14% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, CCSO or CNRG?: CCSO has 47% of its weight in S&P 500 names and CNRG has 28%, so CCSO differs more from the index.
Which is cheaper, CCSO or CNRG?: CCSO charges 0.35% a year and CNRG charges 0.45%, so CCSO is cheaper. Fees come from each fund's prospectus.

Other comparisons

CCSO vs FAN CCSO vs PBD CCSO vs PBW CCSO vs FRNW CNRG vs KGRN CNRG vs HYDR CNRG vs CTEC CNRG vs RNRG

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →CCSO on its own →CNRG on its own →CCSO dividend history →CCSO holdings →CNRG dividend history →CNRG holdings →Method →Standards and sources →

Sources and dates

CCSO filings on SEC EDGAR ↗

CCSO prospectus with the expense ratio (SEC) ↗

Carbon Collective website ↗

CNRG filings on SEC EDGAR ↗

CNRG prospectus with the expense ratio (SEC) ↗

State Street website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, CCSO against CNRG, data as of Nov 4, 2026. https://etfiq.com/compare/themes/ccso-vs-cnrg

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.