| NAV | $13.59 | Daily Change | $0.06 | 0.43% |
| Market Price | $13.63 | Daily Change | $0.25 | 1.87% |
By 2050, cumulative investment across clean technologies is projected to reach $94-$131tn, depending on the decarbonization scenario.1
CleanTech is a dynamic theme, supporting a long-term structural shift in worldwide energy use. CTEC invests accordingly, with global exposure across multiple sectors and industries.
CTEC incorporates the Environmental, Social & Governance (ESG) proxy voting guidelines from Glass Lewis.
1International Energy Agency, Oct 2021
| Inception Date | 10/27/20 |
| Total Expense Ratio | 0.50% |
| Net Assets | $104.37 million |
| NAV | $13.59 |
| Fact Sheet |
The Global X CleanTech ETF (CTEC) seeks to invest in companies that stand to benefit from the increased adoption of technologies that inhibit or reduce negative environmental impacts. This includes companies involved in renewable energy production, energy storage, smart grid implementation, residential/commercial energy efficiency, and/or the production and provision of pollution-reducing products and solutions.
The Global X CleanTech ETF (CTEC) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global CleanTech Index.
| Ticker | CTEC |
| Bloomberg Index Ticker | ICTEC |
| CUSIP | 37954Y228 |
| ISIN | US37954Y2283 |
| Primary Exchange | Nasdaq |
| Shares Outstanding | 7,680,000 |
| Number of Holdings | 40 |
| 30-Day Median Bid-Ask Spread | 0.65% |
| 30-Day SEC Yield | 0.01% |
| Distribution Frequency | Semi-Annually |
| NAV | $13.59 | Daily Change | $0.06 | 0.43% |
| Market Price | $13.63 | Daily Change | $0.25 | 1.87% |
|
As of recent (03/31/22)
As of recent (03/31/22)
|
Fund NAV | Market Price | Index |
|---|---|---|---|
| 1 Year | -23.35% | -24.64% | -25.04% |
| Since Inception | 7.76% | 7.31% | 6.19% |
| 1 Year | -22.86% | -22.77% | -22.26% |
| Since Inception | -0.88% | -0.97% | -2.16% |
| Year-to-Date | -5.49% | -5.74% | -5.35% |
| 1 Month | 2.96% | 2.03% | 3.02% |
| 3 Months | -5.49% | -5.74% | -5.35% |
| Since Inception | 11.26% | 10.59% | 8.94% |
| Year-to-Date | -16.24% | -16.07% | -16.08% |
| 1 Month | 4.08% | 4.38% | 4.13% |
| 3 Months | -8.75% | -9.16% | -8.66% |
| Since Inception | -1.40% | -1.53% | -3.42% |
Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 7.87 | ENPH | ENPHASE ENERGY INC | B65SQW4 | 195.24 | 42,084 | 8,216,480.16 |
| 7.21 | 006400 KS | SAMSUNG SDI CO LTD | 6771645 | 409.74 | 18,366 | 7,525,194.09 |
| 6.26 | SEDG | SOLAREDGE TECHNO | BWC52Q6 | 273.68 | 23,867 | 6,531,920.56 |
| 5.87 | 968 HK | XINYI SOLAR HOLDINGS LTD | BGQYNN1 | 1.54 | 3,967,700 | 6,128,307.69 |
| 4.99 | SGRE SM | SIEMENS GAMESA R | B01CP21 | 18.72 | 278,387 | 5,212,498.48 |
| 4.90 | VWS DC | VESTAS WIND SYSTEMS A/S | BN4MYF5 | 21.07 | 242,767 | 5,115,841.80 |
| 4.81 | FSLR | FIRST SOLAR INC | B1HMF22 | 68.13 | 73,738 | 5,023,769.94 |
| 4.61 | PLUG | PLUG POWER INC | 2508386 | 16.57 | 290,507 | 4,813,700.99 |
| 4.51 | 009830 KS | HANWHA SOLUTIONS CORP | 6407768 | 29.19 | 161,209 | 4,705,653.96 |
| 4.24 | DQ | DAQO NEW ENERGY CORP-ADR | B953PM3 | 71.38 | 61,973 | 4,423,632.74 |
| 3.51 | JMAT LN | JOHNSON MATTHEY PLC | BZ4BQC7 | 23.38 | 156,498 | 3,659,577.12 |
| 2.91 | 257 HK | EB ENVIRONMENT | 6630940 | 0.59 | 5,142,400 | 3,034,212.27 |
| 2.69 | VAR1 GR | VARTA AG | 5802449 | 82.74 | 33,923 | 2,806,672.26 |
| 2.67 | JKS | JINKOSOLAR HOLDING CO-ADR | B64H9N4 | 69.18 | 40,280 | 2,786,570.40 |
| 2.31 | QS | QUANTUMSCAPE CORP | BMC73Z8 | 8.59 | 280,633 | 2,410,637.47 |
| 2.22 | SPWR | SUNPOWER CORP | B59DK93 | 15.81 | 146,213 | 2,311,627.53 |
| 2.14 | BE | BLOOM ENERGY CORP- A | BDD1BB8 | 16.50 | 135,357 | 2,233,390.50 |
| 1.60 | ALFEN NA | ALFEN BEHEER B.V. | BG0SJ42 | 92.17 | 18,156 | 1,673,374.55 |
| 1.50 | 112610 KS | CS WIND CORP | BSPBZK8 | 44.52 | 35,255 | 1,569,423.14 |
| 1.50 | BLDP | BALLARD POWER SYSTEMS INC | 2120371 | 6.30 | 248,943 | 1,568,340.90 |
| 1.49 | CSIQ | CANADIAN SOLAR INC | B1GKCH1 | 31.14 | 49,924 | 1,554,633.36 |
| 1.42 | NEL NO | NEL ASA | B02NR83 | 1.21 | 1,220,438 | 1,478,027.35 |
| 1.37 | SHLS | SHOALS TECHNOL-A | BMDJ085 | 16.48 | 86,974 | 1,433,331.52 |
| 1.32 | 6121 TT | SIMPLO TECHNOLOGY CO LTD | 6421928 | 8.56 | 160,464 | 1,373,470.60 |
| 1.27 | 6865 HK | FLAT GLASS GROUP CO LTD-H | BYQ9774 | 3.52 | 375,600 | 1,321,094.18 |
| 1.24 | AMRC | AMERESCO INC-CL A | B3SWPT2 | 45.56 | 28,303 | 1,289,484.68 |
| 1.23 | LAND SW | LANDIS+GYR GROUP AG | BF41XY8 | 52.28 | 24,515 | 1,281,637.59 |
| 1.22 | 336260 KS | DOOSAN FUEL CELL CO LTD | BH4G7R8 | 23.14 | 54,800 | 1,268,284.04 |
| 1.21 | ARRY | ARRAY TECHNOLOGIES INC | BLBLMD5 | 11.01 | 114,409 | 1,259,643.09 |
| 1.16 | 2208 HK | XINJIANG GOLD-H | B59GZJ7 | 1.87 | 649,500 | 1,215,078.47 |
| 1.12 | S92 GR | SMA SOLAR TECHNOLOGY AG | B3B20H2 | 40.50 | 28,941 | 1,172,126.69 |
| 1.11 | FCEL | FUELCELL ENERGY INC | BK6S6J8 | 3.75 | 307,740 | 1,154,025.00 |
| 1.09 | NDX1 GR | NORDEX SE | B06CF71 | 8.51 | 133,722 | 1,137,405.20 |
| 1.04 | ITM LN | ITM POWER PLC | B0130H4 | 2.10 | 514,589 | 1,079,898.22 |
| 1.02 | CWR LN | CERES POWER HOLDINGS PLC | BG5KQW0 | 6.66 | 159,159 | 1,059,230.19 |
| 1.00 | 3576 TT | UNITED RENEWABLE | B284BT3 | 0.76 | 1,366,600 | 1,038,732.74 |
| 0.88 | STEM | STEM INC | BNHTRL0 | 7.16 | 128,777 | 922,043.32 |
| 0.61 | NVX AU | NOVONIX LTD | BYZ6CM6 | 1.57 | 407,758 | 639,299.31 |
| 0.41 | FLNC | FLUENCE ENERGY INC | BMXC0N9 | 9.48 | 45,439 | 430,761.72 |
| 0.38 | 1072 HK | DONGFANG ELECT-H | 6278566 | 1.20 | 328,200 | 393,156.58 |
| 0.12 | CASH | 1.01 | 119,245 | 120,740.76 |
| Sector | Weight (%) | |
|---|---|---|
| Information Technology | 46.7 | |
| Industrials | 40.5 | |
| Materials | 8.1 | |
| Consumer Discretionary | 4.8 |
Source: AltaVista Research, LLC
| Country | Weight (%) | |
|---|---|---|
| United States | 35.7 | |
| South Korea | 14.9 | |
| China | 13.7 | |
| Britain | 6.5 | |
| Denmark | 5.5 | |
| Germany | 5.3 | |
| Spain | 4.7 | |
| Canada | 3.0 | |
| Hong Kong | 2.7 | |
| Taiwan | 2.3 | |
| Netherlands | 1.7 | |
| Other/Cash | 4.0 |
Source: AltaVista Research, LLC
| Return on Equity | 7.30% | |
| Weighted Avg. Market Cap | 9,103 M | |
| 2021 | 2022 | |
| Price-to-earnings | 36.66 | 29.97 |
| Price-to-book value | 2.25 | 2.14 |
Source: AltaVista Research, LLC
| Versus | Beta |
|---|---|
| S&P 500 | 1.40 |
| MSCI EAFE | 1.35 |
| MSCI Emg. Mkts | 1.97 |
| Standard Deviation | 43.80% |
Source: AltaVista Research, LLC
Investing involves risk, including the possible loss of principal. The investable universe of companies in which CTEC may invest may be limited. CleanTech Companies typically face intense competition, short product lifecycles and potentially rapid product obsolescence. These companies may be significantly affected by fluctuations in energy prices and in the supply and demand of renewable energy, tax incentives, subsidies and other governmental regulations and policies. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. CTEC is non-diversified.
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.
Since the Fund’s shares typically do not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.
Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.
Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Indxx, nor does Indxx make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with Indxx.
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