Global X Solar ETF (RAYS)

NASDAQ: RAYS · IEX Real-Time Price · USD
11.75
-0.14 (-1.18%)
At close: Dec 5, 2023, 3:21 PM
11.73
-0.03 (-0.21%)
After-hours: Dec 5, 2023, 4:15 PM EST
-1.18%
Assets $5.98M
Expense Ratio 0.51%
PE Ratio 17.82
Shares Out n/a
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
Payout Ratio n/a
1-Year Return -45.26%
Volume 1,213
Open 11.85
Previous Close 11.89
Day's Range 11.75 - 11.85
52-Week Low 11.35
52-Week High 23.30
Beta n/a
Holdings 52
Inception Date Sep 8, 2021

About RAYS

Fund Home Page

The 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.

Asset Class Equity
Category Miscellaneous Sector
Stock Exchange NASDAQ
Ticker Symbol RAYS
ETF Provider Global X
Index Tracked Solactive Solar Index

Top 10 Holdings

54.26% of assets
Name Symbol Weight
Enphase Energy, Inc. ENPH 9.46%
First Solar, Inc. FSLR 8.35%
Sungrow Power Supply Co Ltd Class A 300274.SZ 7.73%
LONGi Green Energy Technology Co Ltd Class A 601012.SS 7.30%
SolarEdge Technologies, Inc. SEDG 4.82%
JA Solar Technology Co Ltd Class A 002459.SZ 4.12%
Ningbo Deye Technology Co Ltd Class A 605117.SS 3.41%
Sunrun Inc. RUN 3.11%
Array Technologies, Inc. ARRY 3.03%
Shenzhen S.C New Energy Technology Corp Class A 300724.SZ 2.93%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Dec 30, 2021 $0.00492 Jan 7, 2022
Full Dividend History

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...

Other symbols: CTECWNDY
1 year ago - ETF Trends

Wall Street Analysts Are Bullish on This Solar Company

Solar energy can give investors exposure to high growth opportunities to set up their portfolios for future gains. One solar company in particular, First Solar, is getting bullish vibes from a pair of...

1 year ago - ETF Trends

Solar Energy Market Expected to Triple by 2027

The push towards renewable energy use is getting an added boost from the U.S. government, especially with the recently signed Inflation Reduction Act, which contains solar energy subsidies. As such, t...

1 year ago - ETF Trends

Inflation Reduction Act Is a Ray of Sunshine for This Solar ETF

On its surface, it seems like the Inflation Reduction Act quite simply and obviously reduces inflation. However, upon reading the fine print, it does a lot for the clean energy industry, including sol...

1 year ago - ETF Trends

Look to Solar ETFs as the U.S. Moves to Pass the Inflation Reduction Act

With the Inflation Reduction Act expected to be passed and signed, investors could look to solar sector-related exchange traded funds to capitalize on the increased support for the clean energy indust...

Other symbols: TAN
1 year ago - ETF Trends

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.

Other symbols: NOVAKLNETAN
1 year ago - CNBC Television

Solar ETFs Dim After SolarEdge Technologies Q2 Earnings Disappoints

SolarEdge Technologies Inc. (NasdaqGS: SEDG) shares plummeted Wednesday, dragging down solar sector-related exchange traded funds, after quarterly earnings results disappointed market expectations. On...

Other symbols: TAN
1 year ago - ETF Trends

Clean Energy ETFs Climb on New Climate Spending Bill

Clean energy sector-related exchange traded funds surged Thursday after Senate Majority Leader Chuck Schumer, D-N.Y., and Sen. Joe Manchin, D-W.Va.

Other symbols: PBWTANACESCNRG
1 year ago - ETF Trends

Solar ETFs Shine After Enphase's Record Quarterly Results

Enphase Energy Inc. (NasdaqGS: ENPH) shares jumped Wednesday, lifting solar sector-related exchange traded funds, after reporting record quarterly revenue and higher profits. On Wednesday, the Invesco...

Other symbols: TAN
1 year ago - ETF Trends

SolarEdge, Enphase Help Solar ETFs Rally

SolarEdge Technologies (NasdaqGS: SEDG) and Enphase Energy (NasdaqGS: ENPH) surged Thursday, lifting solar sector-related exchange traded funds. Among the better-performing non-leveraged ETFs of Thurs...

Other symbols: TAN
1 year ago - ETF Trends

Solar ETFs Shine as EU Outlines Plans for Energy Independence

Solar sector-related exchange traded funds climbed Thursday after the European Union outlined plans to build out its solar supply chain to diminish its exposure to Russian energy imports. Among the be...

Other symbols: TAN
1 year ago - ETF Trends

Clean Technology ETFs Could Gain Momentum as Europe Looks for New Energy Sources

Clean technology sector-related exchange traded funds could gain momentum as European economies take a harder look at their reliance on Russian energy imports and consider alternatives. Europe is tryi...

Other symbols: FANTANWNDY
1 year ago - ETF Trends

China's Push for More Solar Power Could Boost This ETF

According to a Reuters article, China is looking to add 75 to 90 gigawatts (GW) of solar power in 2022, opening up the investment field for renewable energy plays in solar energy. “Distributed solar p...

Other symbols: RNRG
1 year ago - ETF Trends

University Study: Texas Could Go Big on Wind and Solar Energy

While the state of Texas is the largest coal consumer according to the U.S. Energy Information Administration (EIA), it also has significant wind and solar energy growth. According to a Fortune articl...

Other symbols: WNDY
1 year ago - ETF Trends

Solar ETFs Gleam in Broad Market Rebound

Solar stocks and sector-related exchange traded funds surged Thursday, alongside a broader rally in growth stocks. On Thursday, the Invesco Solar ETF (NYSEArca: TAN) advanced 8.6%, and the Global X So...

Other symbols: TAN
1 year ago - ETF Trends

Enphase Energy's Phenomenal Earnings Brighten Solar ETFs

Solar sector-related exchange traded funds climbed after Enphase Energy (NasdaqGS: ENPH) revealed market-beating fourth-quarter results. On Wednesday, the Invesco Solar ETF (NYSEArca: TAN) advanced 4....

Other symbols: ENPHTAN
1 year ago - ETF Trends

Global X Doubled Its Assets to $44 Billion in 2021 and Here's Why

Thematic ETF provider Global X finished 2021 with twice as many assets as the previous year, prompting market experts to ponder just how the company did it. “The firm ended as the 12th largest ETF man...

Other symbols: AQWABOTZ
2 years ago - ETF Trends

As China Alleviates Supply Chain Issues, Get Exposure to This Solar ETF

As China continues to work towards reducing its carbon footprint, solar energy will play a vital role in helping achieve that goal. While the pandemic is causing supply chain disruptions around the gl...

2 years ago - ETF Trends

Will Copper Lead the Way for Renewable Energy?

The push towards heavier reliance on renewable energy will mean increased mining for commodities that can be used to build the materials, which makes copper a prime option. “Copper is considered an es...

Other symbols: COPXWNDY
2 years ago - ETF Trends

2 ETFs to Ponder For Meeting Energy Demands

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 col...

2 years ago - ETF Trends

As Renewable Energy Continues to Thrive, Bask in This Solar ETF

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...

2 years ago - ETF Trends

Solar ETFs Shine After Enphase's Record Q3 Beat

Solar sector exchange traded funds jumped on Wednesday after Enphase Energy Inc. (ENPH) revealed third quarter earnings that were well above expectations. On Wednesday, the Invesco Solar ETF (NYSEArca...

Other symbols: TAN
2 years ago - ETF Trends

Global X Debuts 2 Renewables ETFs

The thematic issuer's newest funds aim for exposure to wind and solar companies.

Other symbols: WNDY
2 years ago - ETFcom

Global X Launches Two New Thematic Growth ETFs

On Thursday, Global X launched two new Thematic Growth ETFs trading on Nasdaq. Both themes — tracking the rising solar and wind energy industries — are key pillars of the 21st century green economy.

Other symbols: WNDY
2 years ago - ETF Trends