RAYS vs. CNRG ETF Comparison
Comparison of Global X Solar ETF (RAYS) to SPDR S&P Kensho Clean Power ETF (CNRG)
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
CNRG
SPDR S&P Kensho Clean Power ETF
CNRG Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Clean Power Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to capture companies whose products and services are driving innovation behind clean power. The fund may invest in equity securities that are not included in the index, cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds. It is non-diversified.Grade (RS Rating)
Last Trade
$62.32
Average Daily Volume
12,890
Number of Holdings
*
41
* may have additional holdings in another (foreign) market
Performance
Period | RAYS | CNRG |
---|---|---|
30 Days | -1.78% | 1.71% |
60 Days | 0.71% | -2.89% |
90 Days | 3.98% | 3.37% |
12 Months | -18.49% | -1.45% |
10 Overlapping Holdings
RAYS Overweight 0 Positions Relative to CNRG
Symbol | Grade | Weight |
---|
RAYS Underweight 31 Positions Relative to CNRG
Symbol | Grade | Weight | |
---|---|---|---|
GEV | A | -5.94% | |
TSLA | B | -4.27% | |
GNRC | B | -4.14% | |
ACA | A | -3.77% | |
ORA | B | -3.36% | |
CEG | C | -3.28% | |
DQ | C | -3.2% | |
NEE | C | -3.17% | |
ALE | A | -3.12% | |
AMSC | C | -3.09% | |
AGR | A | -3.07% | |
CMI | A | -2.83% | |
VMI | B | -2.78% | |
GLW | B | -2.77% | |
BE | A | -2.7% | |
JKS | D | -2.68% | |
AMRC | F | -2.43% | |
ROCK | D | -2.24% | |
ADTN | B | -2.23% | |
TAC | B | -2.17% | |
EBR | F | -2.17% | |
AES | F | -2.13% | |
FLNC | C | -2.07% | |
PLUG | F | -2.06% | |
AMAT | F | -1.72% | |
RNW | D | -1.38% | |
HY | D | -1.28% | |
GNE | F | -0.7% | |
TPIC | F | -0.52% | |
MNTK | F | -0.48% | |
ENIC | B | -0.32% |
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
CNRG: Top Represented Industries & Keywords
Industries:
Solar
Utilities - Regulated Electric
Utilities - Renewable
Electronic Components
Diversified Industrials
Semiconductor Equipment & Materials
Utilities - Independent Power Producers
Utilities - Diversified
Auto Manufacturers
Building Materials
Communication Equipment
Engineering & Construction
Infrastructure Operations
Metal Fabrication
Oil & Gas E&P
Truck Manufacturing