Global X CleanTech ETF (CTEC)
| Assets | $58.89M |
| Expense Ratio | 0.50% |
| PE Ratio | 8.82 |
| Shares Out | n/a |
| Dividend (ttm) | $0.03 |
| Dividend Yield | 0.26% |
| Ex-Dividend Date | Dec 29, 2022 |
| Payout Ratio | 2.27% |
| 1-Year Return | -37.62% |
| Volume | 6,257 |
| Open | 9.99 |
| Previous Close | 10.10 |
| Day's Range | 9.95 - 10.00 |
| 52-Week Low | 8.75 |
| 52-Week High | 17.46 |
| Beta | n/a |
| Holdings | 41 |
| Inception Date | Oct 27, 2020 |
About CTEC
Fund Home PageThe Global X CleanTech ETF (CTEC) is an exchange-traded fund that is based on the Indxx Global CleanTech index. The fund tracks a market-cap weighted index of global companies involved in the development and production of technologies that reduce negative impact on the environment. CTEC was launched on Oct 27, 2020 and is issued by Global X.
Top 10 Holdings
51.62% of assets| Name | Symbol | Weight |
|---|---|---|
| Vestas Wind Systems A/S | VWS.CO | 8.98% |
| First Solar, Inc. | FSLR | 6.29% |
| Enphase Energy, Inc. | ENPH | 6.17% |
| Samsung SDI Co Ltd | 006400.KS | 5.43% |
| Xinyi Solar Holdings Ltd | 968.HK | 4.91% |
| Johnson Matthey PLC | JMAT.L | 4.55% |
| Bloom Energy Corporation | BE | 4.04% |
| SolarEdge Technologies, Inc. | SEDG | 3.84% |
| Fluence Energy, Inc. | FLNC | 3.82% |
| QuantumScape Corporation | QS | 3.59% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2022 | $0.02598 | Jan 9, 2023 |
| Jun 29, 2022 | $0.01067 | Jul 8, 2022 |
| Dec 30, 2021 | $0.0588 | Jan 7, 2022 |
| Jun 29, 2021 | $0.01052 | Jul 8, 2021 |
| Dec 30, 2020 | $0.00376 | Jan 8, 2021 |
News
Mass Global Adoption of Clean Energy Paves the Way for This ETF
The path to clean is green: this seems to be a common refrain as the world becomes more reliant on alternative energy in order to reduce carbon contamination in the atmosphere. This creates opportunit...
Additional High-Growth ETFs to Consider While Tax Loss Harvesting
With the final quarter of 2022 underway, investors can already start thinking about how to reduce their tax burden when April comes around next year. As such, it's never to soon to start implementing ...
Thematic Slowdown Hasn't Stopped the Introduction of New ETFs
Stock market volatility has dampened demand for thematic funds across the board, but that hasn't stopped new exchange traded funds (ETFs) from hitting the market, especially the thematic variety.
Inflation Reduction Act Should Bode Well for This ETF
On its surface, the Inflation Reduction Act may not seem like it would be of benefit to clean energy, but after reading the fine print, the act could actually help bolster companies that focus on redu...
New Bill Could Pour More Funding Into Clean Energy Projects
The global move towards reducing emissions continues, and in the United States specifically, the federal government is looking to bolster funding for more clean energy projects with its latest bill.
Can a Move Towards Clean Energy Put Further Pressure on Russia?
With Russia's invasion of Ukraine, countries affected by the oil supply crunch are looking for ways to alleviate the issue. One way is to refocus on finding more renewable energy sources as they wean ...
FSLR Bucks Solar Trend As Share Price Drops
First Solar is taking a hit, even as most clean energy stocks are gaining.
Clean Energy Adoption Will Get Help From the Federal Government
2021 saw the push towards clean energy get an extra boost thanks to the backing of the federal government via its trillion-dollar infrastructure plan. The plan calls for funding to build out more clea...
Two Global X ETFs to Take Advantage of Southeast Asia's Green Push
The green push can extrapolate investment gains from Southeast Asia, particularly the Global X FTSE Southeast Asia ETF (ASEA) and the Global X CleanTech ETF (CTEC). “Southeast Asia stands to reap $12....
Looking to Take Advantage of Massive Infrastructure Spending?
The current infrastructure bill stands to greatly benefit the increased use of clean energy and electric vehicles, boding well for a pair of Global X ETFs. “The Senate's bipartisan bill would direct a...
Earth friendly ETFs
Earth Day celebrations can include selecting the best ETF's that focus on climate change.
Earth Day: Go Green with Clean Energy ETFs
In the spirit of Earth Day, investors can turn to environmental responsibility-themed exchange traded fund strategies. Environmental responsibility refers to our responsibility to use natural resource...
As Clean Energy Forges On, Check Out the CTEC ETF
The clean energy trade continues to persist in the early going of 2021, and it's not too late for investors to joins in with funds like the Global X CleanTech ETF (CTEC). At a 0.50% expense ratio, CTE...
Sunny in Paradise: Clean Energy Initiatives Keep ‘CTEC' Shining
As ESG investing keeps on growing, clean energy initiatives will keep the sun shining on clean energy ETFs like the Global X CleanTech ETF (CTEC). At a 0.50% expense ratio, CTEC seeks to provide inves...
Clean energy will be a top theme in ETFs this year, market analysts say
From clean energy to cloud computing, thematic ETFs are set to continue their explosive growth in the new year, three market analysts say.
Fighting Climate Change via ETFs was Popular in Late 2020
Key Takeaways Despite thematic ETFs representing just 2% of the U.S. listed fund market, assets tied to these long-term growth strategies climbed 78% in the fourth quarter aided by strong net inflows....
As thematic investing grows, these ETFs could win out: Market analysts
Jay Jacobs of Global X ETFs, Todd Rosenbluth of CFRA Research and Anna Paglia of Invesco discuss the thematic ETFs that could dominate in the new year and under a Biden administration.
Why This New Clean Energy ETF Could Clean Up
The Global X CleanTech ETF (CTEC) is one of the newest entrants to the clean energy exchange traded funds lineup, but it's already showing it's got plenty of potential. CTEC, which debuted in late Oct...
Clean Up Your Portfolio: The CTEC Renewable Tech ETF
ETF investors may want to start cleaning up their portfolios ahead of the New Year, with a clean energy technology fund in the Global X CleanTech ETF (CTEC) being one bright idea. CTEC seeks to provid...