NasdaqGM - Delayed Quote USD

Global X Solar ETF (RAYS)

10.67 +0.07 (+0.61%)
At close: October 11 at 4:00 PM EDT
Loading Chart for RAYS
DELL
  • Previous Close 10.60
  • Open 10.54
  • Bid 7.69 x 200
  • Ask 13.46 x 200
  • Day's Range 10.54 - 10.74
  • 52 Week Range 9.27 - 13.63
  • Volume 4,096
  • Avg. Volume 7,418
  • Net Assets 7.51M
  • NAV 10.61
  • PE Ratio (TTM) 16.18
  • Yield 0.27%
  • YTD Daily Total Return -19.53%
  • Beta (5Y Monthly) 1.21
  • Expense Ratio (net) 0.50%

The fund invests at least 80% of its total assets, plus borrowings for investments purposes (if any), in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is designed to provide exposure to companies that are positioned to benefit from further advances in the field of solar technology. The fund is non-diversified.

Global X Funds

Fund Family

Miscellaneous Sector

Fund Category

7.51M

Net Assets

2021-09-08

Inception Date

Performance Overview: RAYS

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Trailing returns as of 10/10/2024. Category is Miscellaneous Sector.

YTD Return

RAYS
19.53%
Category
--
 

1-Year Return

RAYS
19.29%
Category
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3-Year Return

RAYS
22.43%
Category
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Holdings: RAYS

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Top 10 Holdings (61.36% of Total Assets)

SymbolCompany% Assets
300274.SZ
Sungrow Power Supply Co., Ltd. 10.79%
FSLR
First Solar, Inc. 9.64%
ENPH
Enphase Energy, Inc. 7.54%
601012.SS
LONGi Green Energy Technology Co., Ltd. 7.43%
605117.SS
Ningbo Deye Technology Group Co., Ltd. 6.84%
NXT
Nextracker Inc. 5.05%
002129.SZ
TCL Zhonghuan Renewable Energy Technology Co.,Ltd. 4.12%
RUN
Sunrun Inc. 3.94%
300763.SZ
Ginlong Technologies Co., Ltd. 3.05%
300724.SZ
Shenzhen S.C New Energy Technology Corporation 2.96%

Sector Weightings

SectorRAYS
Technology   67.38%
Industrials   18.04%
Utilities   5.76%
Real Estate   0.00%
Energy   0.00%
Healthcare   0.00%

Recent News: RAYS

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Research Reports: RAYS

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  • Big Finish to 3Q24

    The Portfolio Selector features the Argus Focus List, a group of 30 "best idea" stocks generated and regularly updated by Argus' analysts and investment policy committee. It also includes the director of research’s monthly investment strategy column, stock recommendations and sector picks, economic forecasts, and an asset allocation model. This month, the Focus List additions are Applied Materials Inc. (AMAT); TJX Companies, Inc. (TJX); GE HealthCare Technologies Inc (GEHC); Campbell Soup Co. (CPB) and the Focus List deletions are Dominos Pizza Inc (DPZ); Labcorp Holdings Inc. (LH); Mondelez International Inc. (MDLZ); Oracle Corp. (ORCL).

     
  • MetLife Earnings: Rebound in Group Benefits Underwriting Margin Delivers a Strong Quarter

    MetLife is one of the largest life insurers in the US by assets and provides a variety of insurance and financial services products. The company is organized into five segments: US, Asia, Latin America, EMEA, and MetLife Holdings. The U.S. business contributes around 50% of earnings and is broken into the group benefits segment and the retirement solutions segment. The Asia segment contributes around 22% of earnings and is mainly composed of the Japan business with increasing contributions from India, China, and Bangladesh. The company also holds leading market positions in Mexico and Chile with the Latin America segment contributing around 13% of earnings. The EMEA and the MetLife segments contribute around 4% and 11% of earnings, respectively.

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  • Corporate Action: Vote in Favor of Newmont’s Purchase of Newcrest via Scheme of Arrangement

    Newmont is the world's largest gold miner, producing about 6 million attributable ounces of gold in 2022, good for about 5% of global mined output. The company also produced 1.3 million attributable gold equivalent ounces from the sale of byproducts, including copper, silver, zinc, and lead in 2022. It had about two decades of gold reserves along with significant byproduct reserves at end 2022. After buying Goldcorp in 2019 and combining its Nevada mines in a joint venture with competitor Barrick later that year, Newmont’s portfolio includes 12 wholly owned mines and interests in two joint ventures in the Americas, Africa, and Australia.

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  • Lowering target price to $157.00

    PTC INC has an Investment Rating of BUY; a target price of $157.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

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