SPDR® Kensho Clean Power ETF

10-Year Study

CNRG.US · · US · ETF

Executive Summary: SPDR® Kensho Clean Power ETF has compounded at 21.1% annually over the last 10 years, with a maximum drawdown of 60.3% and an annualized volatility of 51.6%.

1Y CAGR
+76.7%
3Y CAGR
+11.5%
5Y CAGR
+3.7%
10Y CAGR
+21.1%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
60.3%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.69
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
1.46
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
34.4%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2020 · +138.3%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2021 · -15.7%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
50%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20269.6-4.2-3.914.417.9-8.3——————24.7%
20250.7-9.6-8.4-1.912.57.312.79.814.920.0-4.9-6.250.2%
2024-13.72.03.0-9.315.5-10.75.5-2.86.8-5.64.4-6.4-14.5%
202312.1-6.41.0-5.5-2.25.8-0.3-10.2-10.7-11.07.911.3-11.5%
2022-11.35.07.0-14.78.2-5.318.34.5-11.80.59.2-11.7-8.0%
202120.8-9.7-3.4-8.1-3.65.2-6.5-0.6-4.316.5-7.8-10.1-15.7%
20200.23.3-22.216.67.18.115.219.57.11.928.114.0138.3%
201915.34.4-0.22.2-1.210.22.70.3-0.1-0.63.015.963.2%
2018——————————9.7-7.71.2%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 51.6%. The dominant macroeconomic risk driver is SHV.US, accounting for 54.7% of variance. Idiosyncratic stock-specific factors contribute 8.9%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2018-10-0110000
2018-11-0110973.621698830908
2018-12-0110124.089801114751
2019-01-0111669.13785340558
2019-02-0112184.166808986321
2019-03-0112154.046794702603
2019-04-0112426.795944666119
2019-05-0112278.020152463165
2019-06-0113524.391001257587
2019-07-0113890.488906829793
2019-08-0113936.716918443075
2019-09-0113924.52918070456
2019-10-0113835.450014749491
2019-11-0114252.23959384558
2019-12-0116525.1750531758
2020-01-0116553.781303855052
2020-02-0117097.455324566443
2020-03-0113302.023009206789
2020-04-0115504.587868155071
2020-05-0116605.87029762921
2020-06-0117946.405005511653
2020-07-0120674.478721917745
2020-08-0124704.893726032074
2020-09-0126466.37115931003
2020-10-0126956.79175270537
2020-11-0134542.494061388934
2020-12-0139386.459966774826
2021-01-0147584.53787514167
2021-02-0142987.23780838082
2021-03-0141531.8899532674
2021-04-0138161.66995295689
2021-05-0136791.75270536726
2021-06-0138696.494278749866
2021-07-0136177.39756866277
2021-08-0135969.002779114715
2021-09-0134410.87425670325
2021-10-0140073.35931313946
2021-11-0136960.09098107407
2021-12-0133209.955130494185
2022-01-0129453.64778214225
2022-02-0130934.069772857827
2022-03-0133112.84137310003
2022-04-0128230.604418637147
2022-05-0130540.72412240525
2022-06-0128914.903196758216
2022-07-0134198.79209427254
2022-08-0135752.4569547734
2022-09-0131548.308466208135
2022-10-0131704.264931919453
2022-11-0134619.2302317999
2022-12-0130560.713564874473
2023-01-0134264.81547609806
2023-02-0132058.757316524086
2023-03-0132366.439472744496
2023-04-0130578.06362464873
2023-05-0129917.20877517117
2023-06-0131654.660063034666
2023-07-0131549.899858715395
2023-08-0128328.688537316215
2023-09-0125300.462668260643
2023-10-0122506.40438448043
2023-11-0124284.10625844214
2023-12-0127031.35431383813
2024-01-0123316.15146951513
2024-02-0123775.8310174044
2024-03-0124480.35212470307
2024-04-0122208.464655560558
2024-05-0125655.964228601595
2024-06-0122905.14524367712
2024-07-0124169.21548230837
2024-08-0123489.729696160473
2024-09-0125075.959881383034
2024-10-0123661.871788104145
2024-11-0124702.448415594095
2024-12-0123116.645189336894
2025-01-0123284.634134981137
2025-02-0121040.149668524584
2025-03-0119262.641866819853
2025-04-0118895.379527705754
2025-05-0121263.526836311696
2025-06-0122807.410455060628
2025-07-0125697.185175984723
2025-08-0128207.044046639443
2025-09-0132423.690788554395
2025-10-0138922.27794252356
2025-11-0137007.75512738903
2025-12-0134731.17110962754
2026-01-0138076.97682000962
2026-02-0136470.05853219271
2026-03-0135057.2125013585
2026-04-0140103.091182909215
2026-05-0147262.49437190455
2026-06-0143324.69064882237
Annual Return Matrix
YearAnnual Return
20190.6322627888342349
20201.3834216484868982
2021-0.15681797352417415
2022-0.07977251264597807
2023-0.11548680771292197
2024-0.14482105036436077
20250.5024312924804557
20260.24742959320518554
Total Factor Risk
0.5159445651652504
VTI.US Exposure
0.13018991202616212
VEA.US Exposure
0.0261551620176314
VWO.US Exposure
0.036569616407607794
QQQ.US Exposure
0.0451678829357495
VTV.US Exposure
0.004174783139051229
IJR.US Exposure
0.10069480983890615
QUAL.US Exposure
-0.08298609529613375
SHV.US Exposure
0.5469204241011365
TLT.US Exposure
0.01477247203817881
LQD.US Exposure
0.00647768019995151
HYG.US Exposure
0.01860855083548927
GLD.US Exposure
0.0032214259633938885
USO.US Exposure
0.0015170744793904481
VNQ.US Exposure
-0.021240692099286123
BTC-USD.CC Exposure
0.0002286565404374945
CPER.US Exposure
0.010672459605004679
VIX.INDX Exposure
0.01925984339331405
UUP.US Exposure
-0.001695804466306883
TIP.US Exposure
0.051892112982399964
Idiosyncratic Exposure
0.08939972535792207
Value Score
32
Growth Score
50
Profit Score
75
Health Score
22.1
Yield Score
14.4
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
51.6%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →23.1x
Forward P/EForward P/E RatioA valuation metric that compares the current stock price to estimated future earnings per share.Click for full definition →Moderately Elevated23.1x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →1.20%
Squeeze RiskShort Squeeze RiskA situation where a sharp rise in the price of a stock forces short sellers to buy shares to cover their positions, further driving up the price.Click for full definition →Low
Market Cap$8.6B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
2.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.10
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$22
Avg Yield on Cost
0.22%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$22.120.22%Solid

Momentum & MacroiPrice momentum indicators: distance from 50/200-Day SMA, 52-Week High proximity, Golden Cross trend signal, RSI momentum gauge, Fibonacci retracement levels, and Beta (market sensitivity).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+6.9%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+17.9%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
11.2% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.74
Market sensitivity coefficient
Trend SignalGolden Cross & Death CrossTechnical chart patterns that occur when a short-term moving average crosses over a long-term moving average.Click for full definition →
✦ Golden Cross
Bullish — 50 SMA above 200 SMA
RSI (14-Day)Relative Strength Index (RSI)A momentum oscillator that measures the speed and change of price movements to identify overbought or oversold conditions.Click for full definition →
48
OversoldNeutralOverbought
Neutral
Fibonacci LevelsFibonacci RetracementTechnical levels based on mathematical ratios that indicate potential support and resistance areas.Click for full definition →
38.2% retracement+12.6%
50.0% retracement+22.8%
61.8% retracement+35.0%
% distance of current price from each 52-week Fibonacci support level.

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Frequently Asked Questions & Methodology

Is SPDR® Kensho Clean Power ETF a high-risk investment?

SPDR® Kensho Clean Power ETF (CNRG.US) has an annualized volatility of 51.6% and experienced a maximum drawdown of 60.3% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of CNRG.US?

Over the past 10 years, CNRG.US has generated a Compound Annual Growth Rate (CAGR) of 21.1%. It has had a positive return in 50% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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