Data as of .
RNRG vs TAN: which is really different?
RNRG and TAN hold 18% of their weight in the same names, and RNRG returned more over the year.
ETFIQ Off-Index Score: RNRG scores higher
How much of it is not the index it is sold as an alternative to?
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
18% 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 TAN hold 18% of their money in the same securities at the same weight.
| Holding | RNRG | TAN |
|---|---|---|
| ENLIGHT RENEWABLE ENERGY LTD | 5.32% | 8.19% |
| CLEARWAY ENERGY INC-C | 2.76% | 3.64% |
| SUNRUN INC | 1.50% | 3.86% |
| SCATEC ASA | 1.25% | 2.06% |
| RENEW ENERGY GLOBAL PLC-A | 1.24% | 1.45% |
| XINYI ENERGY HOLDINGS LTD | 0.64% | 0.90% |
| WEST HOLDINGS CORP | 0.48% | 1.20% |
| Only in RNRG | Only in TAN |
|---|---|
| VERBUND AG 6.78% | First Solar Inc 9.81% |
| AXIA ENERGIA SA 6.68% | Nextpower Inc 8.84% |
| ORSTED A/S 5.94% | Enphase Energy Inc 6.37% |
| EDP RENEWABLES SA 5.88% | Doral Group Renewable Energy Resources L 4.68% |
| BARITO RENEWABLES ENERGY TBK 5.72% | HA Sustainable Infrastructure Capital In 4.39% |
| ENGIE BRASIL ENERGIA SA 4.83% | GCL Technology Holdings Ltd 4.35% |
| MERIDIAN ENERGY LTD 4.68% | SolarEdge Technologies Inc 3.86% |
| ORMAT TECHNOLOGIES INC 4.42% | Solaria Energia y Medio Ambiente SA 3.42% |
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 18, 2026 and Sep 19, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| RNRG | TAN | RNRG | TAN | RNRG | TAN | |
| 3 months | −6.8% | −24.6% | −9.1 pts | −26.9 pts | −4.3 pts | −22.1 pts |
| 6 months | −5.5% | −17.2% | −23.5 pts | −35.2 pts | −29.7 pts | −41.5 pts |
| 1 year | +9.7% | +6.7% | −6.9 pts | −9.9 pts | −12.1 pts | −15.1 pts |
| 3 years | +8.1% | −15.9% | −70.3 pts | −94.3 pts | −90.1 pts | −114.0 pts |
| Since launch | −0.4% | −41.6% | −334.0 pts | −845.2 pts | −609.3 pts | −1731.9 pts |
| RNRG Global X Renewable Energy Producers ETF Holds 43 stocks in clean energy, 0% of its weight in S&P 500 companies | TAN Invesco Solar ETF Holds 45 stocks in clean energy, 10% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Global X | Invesco |
| Theme | Clean energy | Clean energy |
| In the S&P 500 | 0.0% | 9.8% |
| Active share vs the S&P 500 | 100.0% | 100.0% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 43 | 45 |
| Top ten, share of the fund | 54.6% | 58.0% |
| Expense ratio | 0.65% | 0.70% |
| Fee for the differing part | 0.65% | 0.70% |
| Total return, 1 year | +9.7% | +6.7% |
| vs the S&P 500 | −6.9 pts | −9.9 pts |
| vs the Nasdaq-100 | −12.1 pts | −15.1 pts |
| Below its high | −40.1% | −62.3% |
| Net assets | $24m | $953m |
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.
TAN in plain words
By weight, 10% of TAN'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 58% of the fund across 45 positions, as published by its issuer for Sep 19, 2026. Over the year to Sep 18, 2026 the fund returned +6.7% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 9.9 pts. It sits 62.3% below its all-time high of Feb 9, 2021.
Questions people ask
- Do RNRG and TAN hold the same stocks?
- By their latest filings, 18% 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 TAN?
- RNRG has 0% of its weight in S&P 500 names and TAN has 10%, so RNRG differs more from the index.
- Which is cheaper, RNRG or TAN?
- RNRG charges 0.65% a year and TAN charges 0.70%, so RNRG 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.
Cite this page. ETFIQ, RNRG against TAN, data as of Sep 18, 2026. https://etfiq.com/compare/themes/rnrg-vs-tan Free to use with attribution; the underlying files are at Open data.