Renewable Energy Stocks
Top 10 of 37 RNRG holdings, updated
As of 12 October 2026, renewable energy stocks are trailing the S&P 500, over the past month and over the longer run. RNRG trails the S&P 500 by 7.5 points over one month and ranks #87 of 115 groups Zensei tracks. 3 of the 5 renewable energy stocks Zensei prices in RNRG beat the fund this month.
Where renewable energy stocks stand now
As of 12 October 2026, Renewable Energy Producers (RNRG) ranks #87 of the 115 groups Zensei tracks by one-month return against the S&P 500. It is out of favor: it trails the S&P 500 on both rotation windows — 7.5 points behind over the past month and 5.0 points behind over the longer, time-shifted window. That is the Underperformers quadrant.
On the shorter tape, RNRG's momentum is weakening: the intraday trend that carried the move is cooling across the shorter windows. RNRG's relative-strength line has broken below its long-term average — the long-term outperformance trend is no longer intact. Both signals point the same direction here: the market is not rewarding this group on either horizon.
The exposure comes via Global X Renewable Energy Producers ETF, whose 37 tracked holdings are led by Axia Energia, Verbund AG and Edp Renewables SA. Weighted by portfolio, the fund's holdings trade at roughly 18.8× earnings. The thing to watch from here is the one-month spread: underperformers only become interesting when the recent window turns positive first — until then, the market is voting elsewhere.
Top renewable energy stocks right now
The largest renewable energy stocks by weight in RNRG, and the strongest over the past month. Size and recent return are measurements, not recommendations.
Largest by fund weight
Share of RNRG
- 1Axia Energia6.5%
- 2Verbund AG6.3%
- 3Edp Renewables SA6.3%
- 4Orsted As6.0%
- 5Pt Barito Renewables Energy Tbk5.9%
Strongest this month
1-month return, holdings Zensei prices
- 1Renew Energy Global PLCRNW+0.9%
- 2Clearway Energy IncCWEN−2.2%
- 3Ormat Technologies IncORA−3.4%
- 4Xplr Infrastructure LPXIFR−9.6%
- 5Sunrun IncRUN−11.3%
Renewable Energy Stocks vs the S&P 500
Over the week to 12 October 2026, RNRG fell 0.8% while the S&P 500 rose 0.4%. RNRG and SPY (the S&P 500) over every window Zensei tracks. The spread is the difference: positive means RNRG won that window.
Prices as of · computed from daily adjusted closes · how we measure
Renewable Energy Producers on the rotation map, against the 11 broad S&P 500 sectors. Vertical: 1-month spread vs the S&P 500. Horizontal: the longer, time-shifted window.
Are renewable energy stocks expensive?
The price-to-earnings ratio of RNRG as a whole: the total price of its holdings over their total earnings, weighted by share of the fund. Holdings that lose money are left out.
RNRG holdings: the renewable energy stocks inside
As of 12 October 2026, 3 of the 5 renewable energy stocks Zensei prices in RNRG beat the fund over the past month. 0 of them beat the S&P 500. The strongest is Renew Energy Global PLC (RNW); the weakest is Sunrun Inc (RUN). Inside the fund, one or two outliers drive most of the move.
| # | Holding | Weight | 1M | 3M | vs fund 1M | Momentum | RS health |
|---|---|---|---|---|---|---|---|
| 1 | Axia Energia | 6.5% | — | — | No price data | ||
| 2 | Verbund AG | 6.3% | — | — | No price data | ||
| 3 | Edp Renewables SA | 6.3% | — | — | No price data | ||
| 4 | Orsted As | 6.0% | — | — | No price data | ||
| 5 | Pt Barito Renewables Energy Tbk | 5.9% | — | — | No price data | ||
| 6 | Enlight Renewable Energy Ltd | 5.5% | — | — | No price data | ||
| 7 | Meridian Energy Ltd | 4.7% | — | — | No price data | ||
| 8 | ORAOrmat Technologies Inc | 4.7% | −3.4% | −14.1% | +2.1 pts | Weak | Broken |
| 9 | Brookfield Renewable Partners LP | 4.6% | — | — | No price data | ||
| 10 | Engie Brasil Energia SA | 4.4% | — | — | No price data | ||
All 37 RNRG holdings by weight: Axia Energia 6.5%, Verbund AG 6.3%, Edp Renewables SA 6.3%, Orsted As 6.0%, Pt Barito Renewables Energy Tbk 5.9%, Enlight Renewable Energy Ltd 5.5%, Meridian Energy Ltd 4.7%, Ormat Technologies Inc (ORA) 4.7%, Brookfield Renewable Partners LP 4.6%, Engie Brasil Energia SA 4.4%, Mercury Nz Ltd 4.2%, Contact Energy Ltd 4.1%, China Power International Development Ltd 3.1%, Northland Power Inc 2.9%, Energix-Renewable Energies Ltd 2.8%, Clearway Energy Inc (CWEN) 2.8%, Erg SPA 2.8%, Drax Group PLC 2.5%, Grenergy Renovables SA 2.2%, Solaria Energia Y Medio Ambiente SA 1.9%, Pt Pertamina Geothermal Energy Tbk 1.8%, China Longyuan Power Group Corp Ltd 1.7%, Verbio SE 1.7%, Sunrun Inc (RUN) 1.6%, Birlesim Grup Enerji Yatirimlari As 1.4%, Scatec ASA 1.2%, Renew Energy Global PLC (RNW) 1.2%, Sk Eternix Co Ltd 1.0%, Xplr Infrastructure LP (XIFR) 0.8%, Mogan Enerji Yatirim Holding As 0.8%, Xinyi Energy Holdings Ltd 0.6%, West Holdings Corp 0.5%, Energy Absolute Pcl Units Non-Voting Depository Receipt 0.5%, Akfen Yenilenebilir Enerji As 0.4%, Renova Inc 0.4%, Ic Enterra Yenilenebilir Enerji As 0.3%, China Datang Corp Renewable Power Co Ltd 0.3%.
Renewable Energy Stocks: common questions
What are the top 3 renewable energy stocks?
As of 12 October 2026, the three largest renewable energy stocks in RNRG by fund weight are Axia Energia (6.5%), Verbund AG (6.3%) and Edp Renewables SA (6.3%). Fund weight shows size inside the fund, not a recommendation.
Which renewable energy stocks are beating the sector?
As of 12 October 2026, 3 of the 5 renewable energy stocks Zensei prices in RNRG beat the fund over the past month. The strongest over the past month is Renew Energy Global PLC (RNW). The list above shows every holding with its weight and returns.
Are renewable energy stocks outperforming the S&P 500?
No. As of 12 October 2026, RNRG trails the S&P 500 by 7.5 points over the past month.
Is it a good time to invest in renewable energy stocks?
Zensei does not give investment advice, but it measures the trend. As of 12 October 2026, renewable energy stocks are behind the S&P 500 on both the recent and the longer window. The rotation map and the read on this page show whether that trend is building or fading.
What is RNRG?
RNRG is Global X Renewable Energy Producers ETF. Zensei uses it to measure renewable energy stocks against the S&P 500 (SPY).
What stocks does RNRG own?
As of 12 October 2026, the largest of the 37 positions Zensei tracks in RNRG are Axia Energia, Verbund AG, Edp Renewables SA, Orsted As, Pt Barito Renewables Energy Tbk. Each position measured against the fund, with momentum and relative strength, is part of Zensei Premium.
What quadrant is renewable energy producers in right now?
As of 12 October 2026, renewable energy producers is in the Underperformers quadrant — trailing the S&P 500 on both windows. The Zensei methodology page explains the quadrants.
Recent changes
- ·First tracked: trailing the market
Related sectors
Track renewable energy producers against the whole market
Zensei Edge maps 100+ sectors and themes against the S&P 500 — with the stocks inside each one, rotation history and alerts when leadership changes hands.