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CTEC

CleanTech ETF

Overview Prices & Performance Holdings & Characteristics Research Documents

Reasons to Consider CTEC

High Growth Potential

By 2050, cumulative investment across clean technologies is projected to reach $94-$131tn, depending on the decarbonization scenario.¹

Unconstrained Approach

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.

Conscious Approach

CTEC incorporates the Environmental, Social & Governance (ESG) proxy voting guidelines from Glass Lewis.

¹International Energy Agency, Oct 2021

Key Information As of 05/26/23

Inception Date	10/27/20
Total Expense Ratio	0.50%
Net Assets	$100.10 million
NAV	$14.44
Fact Sheet

ETF Summary

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.

ETF Objective

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.

Trading Details As of 05/25/23

Ticker	CTEC
Bloomberg Index Ticker	ICTEC
CUSIP	37954Y228
ISIN	US37954Y2283
Primary Exchange	Nasdaq
Shares Outstanding	6,930,000
Number of Holdings	41
30-Day Median Bid-Ask Spread	0.55%

Distributions As of 05/26/23

30-Day SEC Yield	0.31%
Distribution Frequency	Semi-Annually

ETF Prices As of 05/26/23

NAV	$14.44	Daily Change	-$0.01	-0.07%
Market Price	$14.40	Daily Change	$0.02	0.14%

As of recent (03/31/23) As of recent (03/31/23)	Fund NAV	Market Price	Index
1 Year	-3.89%	-3.85%	-3.43%
Since Inception	2.80%	2.56%	2.12%
1 Year	2.44%	2.31%	2.93%
Since Inception	-1.19%	-1.41%	-1.83%
Year-to-Date	8.91%	8.97%	9.11%
1 Month	3.69%	3.24%	3.57%
3 Months	8.91%	8.97%	9.11%
Since Inception	6.93%	6.33%	5.21%
Year-to-Date	-1.16%	-1.10%	-0.99%
1 Month	-9.24%	-9.23%	-9.26%
3 Months	-12.89%	-13.52%	-12.82%
Since Inception	-2.95%	-3.49%	-4.53%

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). 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, when observed, is unusual and investors should not expect such performance to be repeated.

Net Assets (%)	Ticker	Name	SEDOL	Market Price ($)	Shares Held	Market Value ($)
6.38	VWS DC	VESTAS WIND SYSTEMS A/S	BN4MYF5	28.76	222,062	6,385,934.03
6.35	FSLR	FIRST SOLAR INC	B1HMF22	201.77	31,513	6,358,378.01
6.31	006400 KS	SAMSUNG SDI CO LTD	6771645	523.24	12,063	6,311,796.59
6.24	SEDG	SOLAREDGE TECHNO	BWC52Q6	294.41	21,231	6,250,618.71
6.17	968 HK	XINYI SOLAR HOLDINGS LTD	BGQYNN1	1.06	5,803,700	6,177,892.11
5.09	ENPH	ENPHASE ENERGY INC	B65SQW4	165.20	30,842	5,095,098.40
4.31	009830 KS	HANWHA SOLUTIONS CORP	6407768	33.90	127,339	4,316,902.19
3.64	JMAT LN	JOHNSON MATTHEY PLC	BZ4BQC7	22.08	165,076	3,645,079.70
3.41	S92 GR	SMA SOLAR TECHNOLOGY AG	B3B20H2	109.20	31,250	3,412,375.55
3.16	PLUG	PLUG POWER INC	2508386	8.25	383,751	3,165,945.75
3.12	ARRY	ARRAY TECHNOLOGIES INC	BLBLMD5	23.03	135,657	3,124,180.71
2.58	DQ	DAQO NEW ENERGY CORP-ADR	B953PM3	38.19	67,597	2,581,529.43
2.52	CSIQ	CANADIAN SOLAR INC	B1GKCH1	43.56	57,901	2,522,167.56
2.42	FLNC	FLUENCE ENERGY INC	BMXC0N9	23.11	104,682	2,419,201.02
2.41	SHLS	SHOALS TECHNOL-A	BMDJ085	23.63	102,274	2,416,734.62
2.40	BE	BLOOM ENERGY CORP- A	BDD1BB8	13.99	171,705	2,402,152.95
2.33	NDX1 GR	NORDEX SE	B06CF71	12.24	190,801	2,334,713.02
2.30	LAND SW	LANDIS+GYR GROUP AG	BF41XY8	88.85	25,957	2,306,271.51
2.18	112610 KS	CS WIND CORP	BSPBZK8	57.46	38,017	2,184,373.66
2.17	257 HK	EB ENVIRONMENT	6630940	0.39	5,537,000	2,176,679.83
2.06	MBTN SW	MEYER BURGER TEC	B5NC0D0	0.64	3,233,183	2,061,838.03
2.03	JKS	JINKOSOLAR HOLDING CO-ADR	B64H9N4	45.05	45,189	2,035,764.45
2.03	QS	QUANTUMSCAPE CORP	BMC73Z8	6.32	321,321	2,030,748.72
1.98	NEL NO	NEL ASA	B02NR83	1.32	1,499,745	1,981,809.28
1.81	6121 TT	SIMPLO TECHNOLOGY CO LTD	6421928	10.33	175,464	1,812,202.40
1.61	SPWR	SUNPOWER CORP	B59DK93	10.27	156,966	1,612,040.82
1.37	ALFEN NA	ALFEN N.V.	BG0SJ42	69.91	19,576	1,368,496.73
1.34	336260 KS	DOOSAN FUEL CELL CO LTD	BH4G7R8	22.73	59,021	1,341,335.72
1.32	AMRC	AMERESCO INC-CL A	B3SWPT2	43.25	30,539	1,320,811.75
1.27	6865 HK	FLAT GLASS GROUP CO LTD-H	BYQ9774	3.15	403,400	1,271,751.21
1.15	MAXN	MAXEON SOLAR TECHNOLOGIE	BMH1V17	28.57	40,429	1,155,056.53
1.15	BLDP	BALLARD POWER SYSTEMS INC	2120371	4.30	268,526	1,154,661.80
0.95	3576 TT	UNITED RENEWABLE	B284BT3	0.65	1,465,300	953,304.17
0.74	FCEL	FUELCELL ENERGY INC	BK6S6J8	2.03	364,956	740,860.68
0.68	STEM	STEM INC	BNHTRL0	4.93	138,970	685,122.10
0.64	CWR LN	CERES POWER HOLDINGS PLC	BG5KQW0	3.74	172,365	644,080.99
0.61	VAR1 GR	VARTA AG	5802449	16.76	36,279	608,210.19
0.53	2208 HK	XINJIANG GOLD-H	B59GZJ7	0.76	694,100	525,346.75
0.47	ITM LN	ITM POWER PLC	B0130H4	0.85	550,850	465,885.94
0.42	1072 HK	DONGFANG ELECT-H	6278566	1.36	307,400	418,244.64
0.18	452260 KS	HANWHA GALLERIA CO LTD	BNKBH57	1.23	145,469	179,028.63
0.15		CASH		1.00	145,760	145,760.37
0.00		BRITISH STERLING POUND		1.27	0	0.14
0.00		TAIWAN DOLLAR		0.03	3	0.10

Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 04/30/23

	Sector	Weight (%)
	Information Technology	51.2
	Industrials	36.6
	Materials	8.6
	Consumer Discretionary	3.6

Source: AltaVista Research, LLC

Country Breakdown As of 04/30/23

	Country	Weight (%)
	United States	36.7
	South Korea	14.4
	China	13.6
	Germany	6.6
	Denmark	6.1
	Britain	5.4
	Switzerland	4.2
	Canada	3.3
	Taiwan	2.7
	Hong Kong	2.3
	Norway	2.0
	Other/Cash	2.7

Source: AltaVista Research, LLC

ETF Characteristics As of 05/26/23

Return on Equity	8.70%
Weighted Avg. Market Cap	9,502 M
	2022	2023
Price-to-earnings	49.60	24.76
Price-to-book value	2.22	2.08

Source: AltaVista Research, LLC

ETF Risk Stats As of 04/30/23

Versus	Beta
S&P 500	1.41
NASDAQ-100	1.25
MSCI EAFE	1.34
MSCI Emg. Mkts	1.48
Standard Deviation	42.00%

Source: AltaVista Research, LLC

ETF Research

CleanTech Gets a Big Corporate Push

Global Low-Carbon Hydrogen Industry Growth Taking Shape

Renewable Energy Poised to Drive Growth in the Power Sector

View More Related Research

ETF Documents

Latest Premium / Discount As of 05/26/23

NAV	$14.44
Market Price	$14.40
Premium / (Discount)	($0.04)

Current View 2023 Q2 As of 05/26/23

Days at Premium	5
Days at NAV	0
Days at Discount	34
Greatest Premium	0.37%
Greatest Discount	-1.09%

Daily Premium / Discount History As of 05/26/23

Hover over the chart points for details

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How can the Fund trade at a premium/discount to its NAV?

The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.

What causes these time discrepancies?

Close of Trading Times. Although both the NAV and the daily market price of the Fund are generally calculated based on prices at the closing time of the exchange (generally 4:00 p.m. eastern time), slight differences in this timing may cause discrepancies.

Time of Last Trade. Trading of Global X funds generally takes place during normal trading hours (9:30 a.m. to 4:00 p.m. eastern time). However, it is important to note that the last trade - from which the closing price is determined - may not occur at exactly 4:00 p.m. eastern time. Therefore, changing market sentiment during the time difference may cause the NAV to deviate from the closing price.

International Holdings. The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the Funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price.

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.

CTEC

CleanTech ETF

Reasons to Consider CTEC

High Growth Potential

Unconstrained Approach

Conscious Approach

Key Information As of 05/26/23

ETF Summary

ETF Objective

Trading Details As of 05/25/23

Distributions As of 05/26/23

ETF Prices As of 05/26/23

Performance History

Top Holdings As of 05/26/23

Sector Breakdown As of 04/30/23

Country Breakdown As of 04/30/23

ETF Characteristics As of 05/26/23

ETF Risk Stats As of 04/30/23

ETF Research

CleanTech Gets a Big Corporate Push

Global Low-Carbon Hydrogen Industry Growth Taking Shape

Renewable Energy Poised to Drive Growth in the Power Sector

ETF Documents