State Street SPDR S&P Kensho Clean Power ETF (CNRG)
State Street SPDR S&P Kensho Clean Power ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $95.80, up 0.60% on the session, giving a market capitalisation of $176.9M. Its beta of 1.87 implies it has historically moved more than the broad market.
This ETF is designed to replicate the total return performance of the S&P Kensho Clean Power Index, excluding fees and operating expenses. The benchmark index it follows leverages artificial intelligence and a data-driven weighting strategy to pinpoint companies whose products and services are driving innovation in the sustainable energy industry, including renewable sources like solar, wind, geothermal, and hydroelectric power. It seeks to provide investors with a potentially effective way to pursue long-term capital growth by investing in firms that are integral to the global shift towards a power supply with reduced emissions.
State Street SPDR S&P Kensho Clean Power ETF is most often compared with the following Financial Services names: