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

$10.85

Average Daily Volume

5,663

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

$17.12

Average Daily Volume

2,084

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RAYS	VCLN
30 Days	-9.51%	-2.42%
60 Days	-7.58%	1.88%
90 Days	-2.43%	1.18%
12 Months	-41.12%	-16.19%

7 Overlapping Holdings

Symbol	Grade	Weight in RAYS	Weight in VCLN	Overlap
ARRY	F	2.59%	0.9%	0.9%
AY	A	1.72%	1.3%	1.3%
ENPH	F	10.78%	6.92%	6.92%
FSLR	A	10.47%	8.9%	8.9%
RUN	F	2.46%	2.17%	2.17%
SEDG	F	3.83%	2.02%	2.02%
SHLS	F	1.74%	0.77%	0.77%

RAYS Overweight 5 Positions Relative to VCLN

Symbol	Grade	Weight
CSIQ	F	0.98%
NOVA	F	0.51%
AMPS	D	0.4%
SPWR	F	0.21%
MAXN	F	0.12%

RAYS Underweight 18 Positions Relative to VCLN

Symbol	Grade	Weight
ED	A	-3.44%
NEE	A	-3.06%
ENLC	B	-2.93%
XYL	A	-2.58%
FLNC	B	-2.54%
AES	A	-2.53%
TEL	C	-2.44%
GTLS	D	-2.28%
GEV	B	-2.27%
ABBV	D	-2.26%
SO	A	-1.96%
MP	C	-1.89%
CWEN	A	-1.86%
CEG	B	-1.79%
ETR	A	-1.77%
HUBB	D	-1.34%
NVT	B	-1.0%
PLUG	F	-0.64%