Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

RNRG vs SMOG: which is really different?

RNRG and SMOG hold 8% of their weight in the same names, and SMOG returned more over the year.

Global X Renewable Energy Producers ETF and VanEck Low Carbon Energy ETF.

0.0%RNRG in the S&P 500
18.2%SMOG in the S&P 500
+9.7%RNRG total return, 1 year
+11.5%SMOG total return, 1 year

ETFIQ Off-Index Score: RNRG scores higher

How much of it is not the index it is sold as an alternative to?

RNRG 91.8SMOG 46.30.1, the lowest in this set91.8, the highest

A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed

RNRG100% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 55% of the fund · 43 holdings filed Sep 18, 2026 · Nasdaq-100: 0% in0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 55% of the fund
SMOG82% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
18%82%in the S&P 500of its weight outside the S&P 500active share 98% · top ten 60% of the fund · 55 holdings filed Sep 17, 2026 · Nasdaq-100: 8% in18%82%inof its weight outside the S&P 500active share 98% · top ten 60% of the fund

8% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, RNRG and SMOG hold 8% of their money in the same securities at the same weight.

Positions RNRG and SMOG both hold, largest shared weight first
HoldingRNRGSMOG
AXIA ENERGIA SA6.68%2.42%
ORSTED A/S5.94%1.94%
CONTACT ENERGY LTD3.92%0.89%
MERIDIAN ENERGY LTD4.68%0.83%
ORMAT TECHNOLOGIES INC4.42%0.78%
NORTHLAND POWER INC3.03%0.72%
MERCURY NZ LTD4.21%0.55%
DRAX GROUP PLC2.74%0.53%
VERBUND AG6.78%0.47%
ERG SPA2.89%0.29%
SUNRUN INC1.50%0.28%
Only in each
Only in RNRGOnly in SMOG
EDP RENEWABLES SA 5.88%Iberdrola Sa 8.72%
BARITO RENEWABLES ENERGY TBK 5.72%Tesla Inc 8.08%
ENLIGHT RENEWABLE ENERGY LTD 5.32%Bloom Energy Corp 7.57%
ENGIE BRASIL ENERGIA SA 4.83%Nextera Energy Inc 7.04%
BROOKFIELD RENEWABLE PARTNER 4.37%Enel Spa 6.41%
CHINA POWER INTERNATIONAL 3.05%Vestas Wind Systems A/S 5.77%
ENERGIX-RENEWABLE ENERGIES 2.87%Byd Co Ltd 5.40%
CLEARWAY ENERGY INC-C 2.76%Samsung Sdi Co Ltd 5.14%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 17, 2026 and Sep 18, 2026.

Performance, window by window

RNRG and SMOG over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
RNRGSMOGRNRGSMOGRNRGSMOG
3 months−6.8%−7.7%−9.1 pts−9.9 pts−4.3 pts−5.2 pts
6 months−5.5%+3.1%−23.5 pts−14.9 pts−29.7 pts−21.1 pts
1 year+9.7%+11.5%−6.9 pts−5.0 pts−12.1 pts−10.2 pts
3 years+8.1%+29.0%−70.3 pts−49.4 pts−90.1 pts−69.2 pts
Since launch−0.4%+112.2%−334.0 pts−691.3 pts−609.3 pts−1578.0 pts
Open the live comparison on ETFIQ
RNRG and SMOG on the same fields, as of Sep 18, 2026. Source: ETFIQ.
RNRG
Global X Renewable Energy Producers ETF
Holds 43 stocks in clean energy, 0% of its weight in S&P 500 companies
SMOG
VanEck Low Carbon Energy ETF
Holds 55 stocks in clean energy, 18% of its weight in S&P 500 companies
IssuerGlobal XVanEck
ThemeClean energyClean energy
In the S&P 5000.0%18.2%
Active share vs the S&P 500100.0%97.8%
In the Nasdaq-1000.0%8.1%
Holdings4355
Top ten, share of the fund54.6%60.1%
Expense ratio0.65%0.64%
Fee for the differing part0.65%0.65%
Total return, 1 year+9.7%+11.5%
vs the S&P 500−6.9 pts−5.0 pts
vs the Nasdaq-100−12.1 pts−10.2 pts
Below its high−40.1%−23.9%
Net assets$24m$133m

RNRG in plain words

By weight, 0% of RNRG's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 55% of the fund across 43 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +9.7% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 6.9 pts. It sits 40.1% below its all-time high of Jan 7, 2021.

SMOG in plain words

By weight, 18% of SMOG's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 60% of the fund across 55 positions, as published by its issuer for Sep 17, 2026. Over the year to Sep 18, 2026 the fund returned +11.5% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 5.0 pts. It sits 23.9% below its all-time high of Jan 22, 2021.

Questions people ask

Do RNRG and SMOG hold the same stocks?
By their latest filings, 8% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, RNRG or SMOG?
RNRG has 0% of its weight in S&P 500 names and SMOG has 18%, so RNRG differs more from the index.
Which is cheaper, RNRG or SMOG?
RNRG charges 0.65% a year and SMOG charges 0.64%, so SMOG is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

RNRG against SMOG, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, RNRG against SMOG, data as of Sep 18, 2026. https://etfiq.com/compare/themes/rnrg-vs-smog Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources