RNRG vs NOVP
Comparison between GLOBAL X RENEWABLE ENERGY PRODUCERS ETF (RNRG, ETF) and PGIM S&P 500 BUFFER 12 ETF - NOVEMBER (NOVP, ETF).
RNRG vs NOVP - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
RNRG
$31M
NOVP
$31M
Expense Ratio
RNRG
0.65%
Winner
NOVP
0.50%
Max Drawdown
RNRG
60.77%
Winner
NOVP
11.79%
Sharpe Ratio
RNRG
0.96
Winner
NOVP
1.18
5Y Beta
Winner
RNRG
0.49
NOVP
0.57
5Y Dividends CAGR
RNRG
-15.36%
NOVP
N/A
RNRG vs NOVP - Historical Returns
Returns include dividend reinvestment.
1M
RNRG
-2.99%
Winner
NOVP
+0.77%
3M
RNRG
-5.59%
Winner
NOVP
+4.75%
6M
RNRG
+2.14%
Winner
NOVP
+7.17%
1Y
Winner
RNRG
+17.81%
NOVP
+13.44%
5Y(CAGR)
RNRG
-5.23%
NOVP
N/A
10Y(CAGR)
RNRG
+2.70%
NOVP
N/A
Max(CAGR)
RNRG
+0.40%
Winner
NOVP
+13.27%
RNRG vs NOVP - Annual Returns (2015 - 2026)
Returns include dividend reinvestment.
| Year | RNRG | NOVP |
|---|---|---|
| 2026 | +4.29% | +7.39% |
| 2025 | +28.20% | +12.20% |
| 2024 | -20.51% | +8.67% |
| 2023 | -12.01% | N/A |
| 2022 | -15.20% | N/A |
| 2021 | -13.65% | N/A |
| 2020 | +25.92% | N/A |
| 2019 | +36.81% | N/A |
| 2018 | -6.85% | N/A |
| 2017 | +21.48% | N/A |
| 2016 | +8.11% | N/A |
| 2015 | -28.00% | N/A |
RNRG vs NOVP Drawdown Comparison
The maximum drawdown for RNRG was -58.79%, occurring on Apr 8, 2025. This drawdown has not yet recovered.
The maximum drawdown for NOVP was -11.79%, occurring on Apr 8, 2025. Recovery took 76 trading sessions.
The current RNRG drawdown is -37.09%. The current NOVP drawdown is -0.41%.
| Rank | RNRG | NOVP |
|---|---|---|
| #1 | -58.79% Jan 7, 2021 - Apr 8, 2025 | -11.79% Feb 19, 2025 - Jun 9, 2025 |
| #2 | -38.29% Jun 2, 2015 - Mar 18, 2019 | -5.74% Feb 2, 2026 - Apr 14, 2026 |
| #3 | -38.17% Feb 19, 2020 - Nov 6, 2020 | -3.76% Jul 16, 2024 - Aug 19, 2024 |
| #4 | -4.78% Jul 11, 2019 - Sep 19, 2019 | -2.65% Jun 2, 2026 - Jul 6, 2026 |
| #5 | -3.15% Oct 31, 2019 - Dec 4, 2019 | -2.58% Nov 12, 2025 - Nov 28, 2025 |
| #6 | -3.11% Apr 15, 2019 - Jun 5, 2019 | -1.85% Dec 4, 2024 - Jan 21, 2025 |
| #7 | -2.48% Oct 18, 2019 - Oct 31, 2019 | -1.81% Aug 30, 2024 - Sep 13, 2024 |
| #8 | -1.79% Jun 24, 2019 - Jul 3, 2019 | -1.63% Jan 12, 2026 - Jan 27, 2026 |
| #9 | -1.68% Nov 16, 2020 - Nov 24, 2020 | -1.54% Dec 11, 2025 - Dec 22, 2025 |
| #10 | -1.62% Mar 18, 2019 - Apr 1, 2019 | -1.24% Nov 8, 2024 - Nov 26, 2024 |
| #11 | -1.58% Sep 26, 2019 - Oct 4, 2019 | -1.22% Jul 28, 2025 - Aug 8, 2025 |
| #12 | -1.37% Nov 27, 2020 - Dec 4, 2020 | -1.10% Jan 23, 2025 - Feb 13, 2025 |
| #13 | -1.28% Jun 10, 2019 - Jun 19, 2019 | -1.08% Jul 15, 2026 - Jul 17, 2026 |
| #14 | -1.15% Jan 24, 2020 - Feb 5, 2020 | -1.02% Nov 3, 2025 - Nov 10, 2025 |
| #15 | -1.04% Oct 4, 2019 - Oct 11, 2019 | -0.94% Oct 8, 2025 - Oct 20, 2025 |
Correlation
Correlation between RNRG and NOVP is 0.75 which considered as a strong positive correlation - the stocks tend to move together.
0.75
-101
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