RAYS vs. VCLN ETF Comparison

Comparison of Global X Solar ETF (RAYS) to Virtus Duff & Phelps Clean Energy ETF (VCLN)

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

$11.36

Average Daily Volume

5,357

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VCLN

Virtus Duff & Phelps Clean Energy ETF

VCLN Description

The investment seeks capital appreciation. Under normal market conditions, the fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of clean energy companies. The sub-adviser defines clean energy companies as those that derive at least 50% of their value from one or more of the following clean energy businesses: (a) the production of clean energy; (b) the provision of clean energy technology and equipment; or (c) the transmission and distribution of clean energy. It is non-diversified.

Grade (RS Rating)

Last Trade

$18.41

Average Daily Volume

2,087

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RAYS	VCLN
30 Days	-4.70%	3.73%
60 Days	-6.89%	6.87%
90 Days	-1.05%	8.84%
12 Months	-38.39%	-11.75%

7 Overlapping Holdings

Symbol	Grade	Weight in RAYS	Weight in VCLN	Overlap
ARRY	F	2.57%	0.95%	0.95%
AY	B	1.71%	1.37%	1.37%
ENPH	F	10.3%	6.82%	6.82%
FSLR	B	10.2%	9.25%	9.25%
RUN	D	2.41%	2.42%	2.41%
SEDG	F	3.74%	2.0%	2.0%
SHLS	F	1.7%	0.76%	0.76%

RAYS Overweight 5 Positions Relative to VCLN

Symbol	Grade	Weight
CSIQ	F	1.04%
NOVA	F	0.44%
AMPS	F	0.41%
SPWR	F	0.22%
MAXN	F	0.12%

RAYS Underweight 18 Positions Relative to VCLN

Symbol	Grade	Weight
ED	A	-3.41%
NEE	B	-3.17%
AES	B	-2.66%
ENLC	B	-2.6%
XYL	A	-2.6%
FLNC	C	-2.54%
GEV	C	-2.4%
TEL	C	-2.37%
GTLS	B	-2.3%
ABBV	D	-2.21%
SO	A	-1.94%
CWEN	B	-1.91%
MP	D	-1.83%
CEG	A	-1.81%
ETR	A	-1.73%
HUBB	D	-1.22%
NVT	A	-0.97%
PLUG	F	-0.69%