Global X Solar ETF (RAYS)
| Assets | $4.87M |
| NAV | $25.63 |
| Expense Ratio | 0.50% |
| PE Ratio | 90.63 |
| Shares Out | 190,000 |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| 1-Year Return |
| Volume | 979 |
| Open | 26.06 |
| Previous Close | 25.65 |
| Day's Range | 25.96 - 26.20 |
| 52-Week Low | 22.50 |
| 52-Week High | 22.50 |
| Beta | n/a |
| Holdings | 51 |
| Inception Date | Sep 8, 2021 |
About RAYS
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 Holdings
65.31% of assets| Name | Symbol | Weight |
|---|---|---|
| Enphase Energy | ENPH | 11.33% |
| SolarEdge Technologies | SEDG | 8.85% |
| LONGI GREEN EN-A | N/A | 7.95% |
| SUNGROW POWER -A | N/A | 7.70% |
| TIANJIN ZHONG-A | N/A | 6.98% |
| B 12/02/21 | N/A | 5.48% |
| JA SOLAR TECHN-A | N/A | 5.22% |
| SunRun | RUN | 4.22% |
| HANGZHOU FIRST-A | N/A | 3.89% |
| XINYI SOLAR HOLDINGS LTD | 968.HK | 3.69% |
News
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 esse...
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 colla...
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 a...
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: ...
Global X Expands Clean Energy ETF Suite With Launches
The alternative energy space is expected to get stronger under President Joe Biden's administration.
Global X Debuts 2 Renewables ETFs
The thematic issuer's newest funds aim for exposure to wind and solar companies.
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.