RAYS vs. ACES ETF Comparison
Comparison of Global X Solar ETF (RAYS) to ALPS Clean Energy ETF (ACES)
RAYS
Global X Solar ETF
RAYS Description
The Global X Solar ETF seeks to invest in companies positioned to benefit from the advancement of the global solar technology industry. This includes companies involved in solar power production; the integration of solar into energy systems; and the development/manufacturing of solar-powered generators, engines, batteries, and other technologies related to the utilization of solar as an energy source.
Grade (RS Rating)
Last Trade
$11.01
Average Daily Volume
3,675
Number of Holdings
*
12
* may have additional holdings in another (foreign) market
ACES
ALPS Clean Energy ETF
ACES Description
The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the "underlying index"). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the "index provider"), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.Grade (RS Rating)
Last Trade
$29.73
Average Daily Volume
140,077
Number of Holdings
*
32
* may have additional holdings in another (foreign) market
Performance
Period | RAYS | ACES |
---|---|---|
30 Days | 1.76% | 13.26% |
60 Days | -7.63% | 7.02% |
90 Days | -7.94% | -5.80% |
12 Months | -40.84% | -29.80% |
RAYS Underweight 24 Positions Relative to ACES
Symbol | Grade | Weight | |
---|---|---|---|
ITRI | B | -5.4% | |
DAR | D | -5.19% | |
RIVN | D | -4.99% | |
ALB | D | -4.8% | |
TSLA | D | -4.43% | |
ORA | C | -4.22% | |
HASI | B | -3.97% | |
NEP | C | -3.48% | |
WOLF | F | -3.46% | |
LCID | D | -3.09% | |
PLUG | F | -2.6% | |
CWEN | C | -2.5% | |
ANDE | F | -1.87% | |
GPRE | F | -1.41% | |
FLNC | D | -1.25% | |
AMRC | D | -1.07% | |
REX | C | -1.0% | |
NKLA | F | -0.8% | |
CHPT | D | -0.79% | |
AMSC | C | -0.54% | |
CLNE | D | -0.52% | |
PLL | D | -0.31% | |
STEM | F | -0.23% | |
GEVO | D | -0.19% |
RAYS: Top Represented Industries & Keywords
Industries:
Solar
Electronic Components
Semiconductor Equipment & Materials
Utilities - Regulated Electric
Utilities - Renewable
Keywords:
Photovoltaics
Solar Energy
Solar Power
Photovoltaic System
Renewable Energy
Solar Panel
Energy Conversion
Electricity
Inverters
Alternative Energy
Energy Storage
Inverter Systems
Power Systems
S&P 500
Solar Energy Projects
Solar Modules
Solar Power Products
Solar Power Systems
Systems Integrator
Clean Energy Projects
ACES: Top Represented Industries & Keywords
Industries:
Solar
Auto Manufacturers
Electronic Components
Specialty Chemicals
Conglomerates
Utilities - Independent Power Producers
Utilities - Renewable
Chemicals
Engineering & Construction
Food Distribution
Industrial Metals & Minerals
Oil & Gas Refining & Marketing
REIT - Diversified
Scientific & Technical Instruments
Semiconductor Equipment & Materials
Semiconductors
Software - Infrastructure
Utilities - Regulated Electric
Waste Management