Global X Solar ETF (RAYS)
| Assets | $4.23M |
| Expense Ratio | 0.50% |
| PE Ratio | 16.27 |
| Shares Out | 500,000 |
| Dividend (ttm) | $0.06 |
| Dividend Yield | 0.69% |
| Ex-Dividend Date | Dec 30, 2024 |
| Payout Ratio | 12.33% |
| 1-Year Return | -18.82% |
| Volume | 496 |
| Open | 9.07 |
| Previous Close | 8.93 |
| Day's Range | 9.07 - 9.22 |
| 52-Week Low | 7.12 |
| 52-Week High | 12.63 |
| Beta | 1.03 |
| Holdings | 46 |
| Inception Date | Sep 8, 2021 |
About RAYS
Fund Home PageThe Global X Solar ETF (RAYS) is an exchange-traded fund that is based on the Solactive Solar index, a market-cap-weighted index of global solar energy companies selected based on their revenue generated from solar-related business, and ESG criteria. RAYS was launched on Sep 8, 2021 and is issued by Global X.
Top 10 Holdings
63.06% of assets| Name | Symbol | Weight |
|---|---|---|
| Ningbo Deye Technology Group Co., Ltd. | 605117 | 10.26% |
| Enphase Energy, Inc. | ENPH | 8.58% |
| First Solar, Inc. | FSLR | 7.84% |
| LONGi Green Energy Technology Co., Ltd. | 601012 | 7.55% |
| Sungrow Power Supply Co., Ltd. | 300274 | 7.25% |
| Nextracker Inc. | NXT | 6.91% |
| Hanwha Solutions Corporation | 009830 | 4.16% |
| Sunrun Inc. | RUN | 3.99% |
| TCL Zhonghuan Renewable Energy Technology Co.,Ltd. | 002129 | 3.67% |
| Shenzhen S.C New Energy Technology Corporation | 300724 | 2.84% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.03359 | Jan 7, 2025 |
| Jun 27, 2024 | $0.03084 | Jul 5, 2024 |
| Dec 30, 2021 | $0.00492 | Jan 7, 2022 |
News
Why Renewable Energies Will Persist
It's a distressing time for the climate industry in the U.S. as the current administration attempts to erase decades of energy transition progress. However, despite political pressure and related nega...
Solar Sector Outlook is Incredibly Exciting & Interesting
Solar accounted for 75% of all new generating capacity added to the U.S. grid in the quarter, notes Jason Britton. He and Madeline Rude discuss solar stocks.
Sunnova CEO John Berger on Inflation Reduction Act: Our company and sector will be recession proof
John Berger, Sunnova CEO, joins 'Closing Bell' to discuss the tailwind solar stocks gain from the Inflation Reduction Act.
Chinese Cleantech: 2022 Marks Year Of Transition For Wind And Solar Policy
The FIT system benefitted the private sector but came at a burgeoning cost for the public sector. Subsidies enabled rapid capacity expansion but problems with integration needed to be resolved.