Global X Solar ETF (RAYS)
| Assets | $6.07M |
| Expense Ratio | 0.50% |
| PE Ratio | 16.98 |
| Shares Out | 650,000 |
| Dividend (ttm) | $0.06 |
| Dividend Yield | 0.70% |
| Ex-Dividend Date | Dec 30, 2024 |
| Payout Ratio | 12.00% |
| 1-Year Return | -20.71% |
| Volume | 5,978 |
| Open | 9.30 |
| Previous Close | 9.27 |
| Day's Range | 9.08 - 9.30 |
| 52-Week Low | 8.70 |
| 52-Week High | 12.65 |
| Beta | 1.04 |
| Holdings | 47 |
| Inception Date | Sep 8, 2021 |
About RAYS
Fund Home PageThe Global X Solar ETF (RAYS) is an exchange-traded fund that is based on the Solactive Solar index, a market-cap-weighted index of global solar energy companies selected based on their revenue generated from solar-related business, and ESG criteria. RAYS was launched on Sep 8, 2021 and is issued by Global X.
Top 10 Holdings
62.41% of assets| Name | Symbol | Weight |
|---|---|---|
| Enphase Energy, Inc. | ENPH | 10.24% |
| Ningbo Deye Technology Group Co., Ltd. | 605117 | 9.48% |
| First Solar, Inc. | FSLR | 8.37% |
| LONGi Green Energy Technology Co., Ltd. | 601012 | 7.42% |
| Sungrow Power Supply Co., Ltd. | 300274 | 7.12% |
| Nextracker Inc. | NXT | 6.58% |
| TCL Zhonghuan Renewable Energy Technology Co.,Ltd. | 002129 | 3.85% |
| Sunrun Inc. | RUN | 3.32% |
| JA Solar Technology Co., Ltd. | 002459 | 3.09% |
| Shenzhen S.C New Energy Technology Corporation | 300724 | 2.94% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.03359 | Jan 7, 2025 |
| Jun 27, 2024 | $0.03084 | Jul 5, 2024 |
| Dec 30, 2021 | $0.00492 | Jan 7, 2022 |
News
Solar Sector Outlook is Incredibly Exciting & Interesting
Solar accounted for 75% of all new generating capacity added to the U.S. grid in the quarter, notes Jason Britton. He and Madeline Rude discuss solar stocks.
Sunnova CEO John Berger on Inflation Reduction Act: Our company and sector will be recession proof
John Berger, Sunnova CEO, joins 'Closing Bell' to discuss the tailwind solar stocks gain from the Inflation Reduction Act.
Chinese Cleantech: 2022 Marks Year Of Transition For Wind And Solar Policy
The FIT system benefitted the private sector but came at a burgeoning cost for the public sector. Subsidies enabled rapid capacity expansion but problems with integration needed to be resolved.