RAYS vs. CTEX ETF Comparison
Comparison of Global X Solar ETF (RAYS) to ProShares S&P Kensho Cleantech ETF (CTEX)
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
$10.78
Average Daily Volume
7,859
Number of Holdings
*
12
* may have additional holdings in another (foreign) market
CTEX
ProShares S&P Kensho Cleantech ETF
CTEX Description
ProShares Trust - ProShares S&P Kensho Cleantech ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the public equity markets across the globe. It invests in the stocks of companies focused on building technologies or products that enable generation of energy in a clean manner that includes hardware, software, or materials technologies used for clean energy capture from sources such as solar, wind, geothermal, and hydro, installation of clean energy capture technologies for use in residential or commercial applications and advanced energy storage devices sectors. The fund invests in growth and value stocks of companies across diversified market capitalizations. It replicates the performance of the S&P Kensho Cleantech Index, by using full replication technique. ProShares Trust - ProShares S&P Kensho Cleantech ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$20.66
Average Daily Volume
461
Number of Holdings
*
28
* may have additional holdings in another (foreign) market
Performance
Period | RAYS | CTEX |
---|---|---|
30 Days | -8.88% | -11.32% |
60 Days | -3.84% | -9.40% |
90 Days | -5.93% | -9.84% |
12 Months | -44.93% | -33.62% |
10 Overlapping Holdings
Symbol | Grade | Weight in RAYS | Weight in CTEX | Overlap | |
---|---|---|---|---|---|
ARRY | F | 2.59% | 2.74% | 2.59% | |
CSIQ | F | 0.98% | 2.75% | 0.98% | |
ENPH | D | 10.78% | 4.37% | 4.37% | |
FSLR | A | 10.47% | 4.32% | 4.32% | |
MAXN | F | 0.12% | 1.47% | 0.12% | |
NOVA | F | 0.51% | 1.37% | 0.51% | |
RUN | F | 2.46% | 3.35% | 2.46% | |
SEDG | F | 3.83% | 2.79% | 2.79% | |
SHLS | F | 1.74% | 2.16% | 1.74% | |
SPWR | F | 0.21% | 1.99% | 0.21% |
RAYS Underweight 18 Positions Relative to CTEX
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
CTEX: Top Represented Industries & Keywords