Global X Solar ETFGlobal X Solar ETFGlobal X Solar ETF

Global X Solar ETF

No trades
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Key stats

Assets under management (AUM)
‪7.29 M‬USD
Fund flows (1Y)
‪5.71 M‬USD
Dividend yield (indicated)
0.30%
Discount/Premium to NAV
0.9%

About Global X Solar ETF

Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Expense ratio
0.50%
Inception date
Sep 8, 2021
Index tracked
Solactive Solar Index
Management style
Passive
RAYS tracks an index of companies involved in the solar energy industry. This includes companies involved in solar power production, the integration of solar into energy systems, and the development/manufacturing of solar-powered technologies. Securities are selected based on a proprietary natural language processing algorithm that identify and rank companies based on filings, disclosures and other public information. Highest-ranking companies are further reviewed to confirm that at least 50% of their revenues are derived from the foregoing activities. The index also applies an ESG screening process to exclude those that does not meet the labor, human rights, environmental, and anticorruption standards. The index is market-cap weighted, subject to 8% single security cap, and is reconstituted and re-weighted semi-annually.

Classification

Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Renewable energy
Strategy
ESG
Weighting scheme
Market cap
Selection criteria
Principles-based
What's in the fund
Exposure type
StocksBonds, Cash & Other
Electronic Technology
Producer Manufacturing
Stock breakdown by region
39%5%55%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy