CNRG vs CTEC

CNRGBState Street SPDR S&P Kensho Clean Power ETF

CTECCGlobal X CleanTech ETF

In short

CNRG A focused read on clean power: about 40 global stocks tracked to an S&P Kensho index, at a fee below the clean-energy midpoint. Small fund, sharp mandate, one of the stronger builds in the theme.

CTEC Climate tech, not just clean power. CTEC follows a global index of roughly 40 companies working on the technology side of decarbonization, and charges 0.50% a year to do it.

Stated mandate

CNRG The fund seeks to provide investment results that generally correspond to the total return performance of the S&P Kensho Clean Power Index before fees and expenses.

CTEC The Fund seeks to track the price and yield performance of the Indxx Global ClimateTech Index before fees and expenses. It invests primarily in index constituents and related depositary receipts.

Why people hold it

• CNRG Charges 0.45% a year, under the 0.59% median for clean-energy funds and below pricier peers like FAN (0.61%) and ACES (0.55%).
• About 40 holdings, so each name carries real weight. This is a concentrated take on clean power, not a broad index with a green label stapled on.
• Rules-based and global: it tracks the S&P Kensho Clean Power Index rather than leaving the theme to a manager's judgment.ssga.com
• Live since 2018, giving it a longer record through the theme's boom and bust than most clean-energy launches.

• CTEC Fee of 0.50% a year lands below the median for its clean-energy peer group.
• The mandate is global, not a US-only slice: it tracks the Indxx Global ClimateTech Index and can use depositary receipts to reach foreign listings.globalxetfs.com
• Rules-based and readable: a published index sets the roughly 40 holdings, so there is no manager discretion to decode.

Worth knowing

• CNRG Thinly traded compared with the theme's headline funds, which can mean wider bid-ask spreads at the moment you transact.
• A concentrated slice of one policy-sensitive sector. Swings run harder than a broad equity fund's, in both directions.
• Distributions come quarterly, but yield is incidental here. The fund is built around the clean-power theme, not payout.

• CTEC A small fund that trades thinly, so the bid-ask spread deserves a look before you place an order. It is not one of the category's giants.
• Roughly 40 stocks on a single theme means individual names and the clean-tech cycle drive the ride, and the swings can be sharp.
• Distributions come once or twice a year at most. This is a growth theme, not an income line.

Full CNRG profile⁠

Full CTEC profile⁠