ICLN vs. RAYS ETF Comparison

Comparison of iShares S&P Global Clean Energy Index Fund (ICLN) to Global X Solar ETF (RAYS)

ICLN

iShares S&P Global Clean Energy Index Fund

ICLN Description

The investment seeks to track the investment results of an index composed of global equities in the clean energy sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Global Clean Energy IndexTM (the "underlying index"), which is designed to track the performance of approximately 30 of what is expected to be the most liquid and tradable securities of global companies involved in clean energy related businesses. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$12.03

Average Daily Volume

3,140,077

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

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

$9.93

Average Daily Volume

6,607

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	ICLN	RAYS
30 Days	-9.51%	-1.78%
60 Days	-15.94%	0.71%
90 Days	-14.02%	3.98%
12 Months	-12.27%	-18.49%

2 Overlapping Holdings

	Symbol	Grade	Weight in ICLN	Weight in RAYS	Overlap
	ENPH	F	5.54%	4.88%	4.88%
	FSLR	F	7.27%	8.86%	7.27%

ICLN Overweight 0 Positions Relative to RAYS

	Symbol	Grade	Weight

ICLN Underweight 8 Positions Relative to RAYS

	Symbol	Grade	Weight
	RUN	F	-2.56%
	AY	A	-1.67%
	ARRY	F	-1.39%
	SHLS	F	-1.17%
	SEDG	F	-0.92%
	CSIQ	F	-0.65%
	NOVA	F	-0.6%
	AMPS	C	-0.48%

ICLN: Top Represented Industries & Keywords

Industries: Semiconductor Equipment & Materials Solar

Keywords: Photovoltaic System Photovoltaics Power Systems S&P 500 Solar Power Solar Power Systems Alternative Energy Electricity Energy Conversion Energy Projects Energy Solutions Finance Services First Solar Inverter Systems Inverters Investor Owned Utilities Nasdaq 100 Project Finance Project Finance Services Renewable Energy

RAYS: Top Represented Industries & Keywords

Industries: Solar Electronic Components Semiconductor Equipment & Materials Utilities - Regulated Electric Utilities - Renewable

Keywords: Photovoltaics Solar Energy Photovoltaic System Renewable Energy Solar Panel Solar Power Electricity Energy Conversion Energy Storage Inverter Systems Inverters Power Systems S&P 500 Solar Energy Projects Solar Modules Solar Power Systems Systems Integrator Alternative Energy Clean Energy Projects Electromagnetism