Global X Solar ETF (RAYS)
|Day's Range||25.96 - 26.20|
|Inception Date||Sep 8, 2021|
Global X Funds - Global X Solar ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in public equity markets of global region. It invests in stocks of companies operating across solar companies including solar energy materials, solar energy systems and components, solar power production, solar technology, and solar installation, integration and maintenance sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the Solactive Solar Index, by using full replication technique. Global X Funds - Global X Solar ETF was formed on September 8, 2021 and is domiciled in the United States.
Top 10 Holdings65.31% of assets
|LONGI GREEN EN-A||N/A||7.95%|
|SUNGROW POWER -A||N/A||7.70%|
|JA SOLAR TECHN-A||N/A||5.22%|
|XINYI SOLAR HOLDINGS LTD||968.HK||3.69%|
As the global push towards more reliance on renewable energy continues, the demand for energy globally could be met using wind and solar, which opens up opportunities in a pair of Global X ETFs. A colla...
A push toward more renewable energy use is allowing solar-powered projects to thrive, as well as exchange traded funds (ETFs) that focus on the like, such as the Global X Solar ETF (RAYS). Even during a...
The alternative energy space is expected to get stronger under President Joe Biden's administration.