GRNR


Green Building ETF

Reasons to Consider GRNR

High Growth Potential

Forecasts suggest the global green building materials market could more than double between 2020 and 2028 (from $256bn to $653bn), highlighting one of several growth opportunities among the categories that GRNR invests in.1

Sustainable Theme

Green buildings typically have smaller carbon footprints, with less water and energy waste. These qualities may be appealing as sustainability is more widely embraced.

Conscious Approach

GRNR incorporates Environmental, Social & Governance (ESG) screens and follows ESG proxy voting guidelines to affect positive change alongside financial returns.

1Verified Market Research, Mar 2022

Key Information As of 11/28/23

Inception Date 04/11/22
Total Expense Ratio 0.45%
Net Assets $2.14 million
NAV $21.38
Fact Sheet View the document

ETF Summary

The Global X Green Building ETF (GRNR) invests in companies positioned to benefit from increasing demand for buildings that either positively impact the natural environment or reduce/eliminate negative impacts. This includes companies involved in green building development and management, as well as the technologies used to increase energy efficiency in residential, commercial and public buildings.

ETF Objective

The Global X Green Building ETF (GRNR) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Green Building Index.

Trading Details As of 11/28/23

Ticker GRNR
Bloomberg Index Ticker SOLGRNR
CUSIP 37960A842
ISIN US37960A8421
Primary Exchange Nasdaq
Shares Outstanding 100,000
Number of Holdings 89
30-Day Median Bid-Ask Spread 0.47%

Distributions As of 11/28/23

30-Day SEC Yield 3.09%
Distribution Frequency Semi-Annually

ETF Prices As of 11/28/23

NAV $21.38 Daily Change $0.01 0.05%
Market Price $21.41 Daily Change $0.06 0.28%

Performance History

As of recent
(09/30/23)
As of recent
(09/30/23)
Fund NAV Market Price Index
1 Year 14.26% 14.91% 14.85%
Since Inception -11.06% -11.15% -10.93%
1 Year 5.91% 7.03% 6.40%
Since Inception -13.75% -13.43% -13.61%
Year-to-Date 1.49% 1.80% 1.84%
1 Month -6.40% -6.53% -6.34%
3 Months -1.59% -1.96% -1.46%
Since Inception -15.84% -15.96% -15.66%
Year-to-Date -4.20% -3.23% -3.85%
1 Month -5.61% -4.94% -5.59%
3 Months -13.81% -13.36% -13.75%
Since Inception -20.56% -20.11% -20.37%

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.

Top Holdings As of 11/28/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
4.68 DLR DIGITAL REALTY TRUST INC B03GQS4 136.90 731 100,073.90
4.51 TT TRANE TECHNOLOGIES PLC BK9ZQ96 222.71 433 96,433.43
3.97 OTIS OTIS WORLDWIDE CORP BK531S8 84.30 1,007 84,890.10
3.83 CARR CARRIER GLOBAL CORP BK4N0D7 51.63 1,585 81,833.55
3.68 CSL CARLISLE COS INC 2176318 273.25 288 78,696.00
3.54 6367 JP DAIKIN INDUSTRIES LTD 6250724 151.34 500 75,669.46
3.47 LII LENNOX INTERNATIONAL INC 2442053 401.36 185 74,251.60
3.35 SGRO LN SEGRO PLC B5ZN1N8 10.26 6,991 71,693.02
3.20 OC OWENS CORNING B1FW7Q2 132.17 518 68,464.06
3.19 KSP ID KINGSPAN GROUP PLC 4491235 76.71 889 68,198.38
2.50 BLD TOPBUILD CORP BZ0P3W2 292.39 183 53,507.37
2.46 SCHP SW SCHINDLER HLD-PC B11TCY0 221.95 237 52,602.21
2.40 SCG AU SCENTRE GROUP BLZH0Z7 1.71 30,094 51,366.55
2.35 BXP BOSTON PROPERTIES INC 2019479 55.26 910 50,286.60
2.29 URW FP UNIBAIL-RODAMCO-WESTFIELD BF2PQ09 60.68 808 49,030.46
2.26 CICT SP CAPITALAND INTEG 6420129 1.38 35,000 48,350.16
2.21 GFC FP GECINA SA 7742468 110.03 429 47,202.91
1.93 688 HK CHINA OVERSEAS 6192150 1.92 21,500 41,357.82
1.74 8951 JP NIPPON BUILDING FUND INC 6396800 4,124.97 9 37,124.70
1.57 LAND LN LAND SECURITIES GROUP PLC BYW0PQ6 7.89 4,262 33,620.77
1.52 LI FP KLEPIERRE 7582556 25.22 1,288 32,487.82
1.35 MTH MERITAGE HOMES CORP 2601326 139.18 208 28,949.44
1.28 3462 JP NOMURA REAL ESTA BYSJJF4 1,142.14 24 27,411.41
1.27 BEAN SW BELIMO HOLDING AG-REG BP0QDP8 476.12 57 27,138.84
1.26 8953 JP JAPAN METROPOLIT 6513342 654.58 41 26,837.98
1.17 VCX AU VICINITY CENTRES BY7QXS7 1.19 20,967 24,995.86
1.17 3281 JP GLP J-REIT B8RBZV7 958.89 26 24,931.03
1.13 AAON AAON INC 2268130 61.91 392 24,237.77
1.12 3283 JP NIPPON PROLOGIS REIT INC B98BC67 1,839.03 13 23,907.41
1.10 KBH KB HOME 2485070 52.15 452 23,571.80
1.05 VNO VORNADO REALTY TRUST 2933632 23.25 963 22,389.75
1.01 KRC KILROY REALTY CORP 2495529 32.14 671 21,565.94
1.00 LIGHT NA SIGNIFY NV BYY7VY5 29.62 722 21,382.67
0.96 COV FP COVIVIO 7745638 47.92 430 20,606.15
0.96 6845 JP AZBIL CORP 6985543 31.71 649 20,582.97
0.85 MRL SM MERLIN PROPERTIE BNGNB77 10.05 1,805 18,145.93
0.83 CUZ COUSINS PROPERTIES INC BJP0MF6 20.30 876 17,782.80
0.82 8954 JP ORIX JREIT INC 6527774 1,161.75 15 17,426.29
0.66 101 HK HANG LUNG PROPERTIES LTD 6030506 1.42 9,933 14,088.46
0.63 SLG SL GREEN REALTY CORP BPGKM57 36.08 372 13,421.46
0.63 MPACT SP MAPLETREE PAN AS B5143W8 1.01 13,200 13,378.88
0.62 ROCKB DC ROCKWOOL A/S-B SHS 4713490 260.60 51 13,290.50
0.60 3309 JP SEKISUI HOUSE REIT INC BSKRKL7 534.89 24 12,837.44
0.60 FLT SP FRASERS LOGISTIC BYYFHZ2 0.80 15,983 12,719.68
0.58 8955 JP JAPAN PRIM REALT 6528175 2,485.12 5 12,425.62
0.57 1972 HK SWIRE PROPERTIES LTD B67C2G0 2.00 6,060 12,092.33
0.55 SHO SUNSTONE HOTEL B034LG1 9.82 1,189 11,675.98
0.53 EQC EQUITY COMMONWEALTH BPH3N63 18.67 609 11,370.03
0.53 FABG SS FABEGE AB BFM6T36 9.21 1,223 11,264.26
0.52 DEI DOUGLAS EMMETT INC B1G3M58 12.05 929 11,194.45
0.52 HIW HIGHWOODS PROPERTIES INC 2420640 18.46 604 11,149.84
0.52 3466 JP LASALLE LOGIPORT REIT BDD1L29 1,006.90 11 11,075.87
0.51 3279 JP ACTIVIA PROPERTIES INC B8BSRY1 2,743.44 4 10,973.76
0.47 FCT SP FRASERS CENTREPOINT TRUST B17NZ47 1.64 6,168 10,095.15
0.47 PGTI PGT INNOVATIONS INC B17V2N9 32.18 312 10,040.16
0.46 ICAD FP ICADE 4554406 36.83 265 9,760.06
0.45 SUN SP SUNTEC REIT B04PZ72 0.85 11,300 9,586.70
0.44 COL SM INMOBILIARIA COL BD0PJ08 6.52 1,454 9,484.07
0.43 8964 JP FRONTIER REIT B020QY3 3,046.39 3 9,139.17
0.42 8976 JP DAIWA OFFICE INV B0LNTF5 4,478.63 2 8,957.26
0.41 3292 JP AEON REIT INVESTMENT CORP BFSSCF9 963.62 9 8,672.57
0.40 3234 JP MORI HILLS INVES B1GF9P3 955.50 9 8,599.54
0.38 JBGS JBG SMITH PROPERTIES BD3BX01 13.75 584 8,030.00
0.36 3481 JP MITSUBISHI ESTAT BF46Y06 2,569.65 3 7,708.95
0.36 KREIT SP KEPPEL REIT B12RQH4 0.64 12,012 7,665.60
0.36 FSP FRANKLIN STREET B02T2D1 2.41 3,169 7,637.29
0.34 JELD JELD-WEN HOLDING INC BYM4WL2 15.70 467 7,331.90
0.34 MERY FP MERCIALYS B0LMF87 9.48 756 7,164.34
0.33 OTHER PAYABLE & RECEIVABLES 1.00 7,071 7,070.66
0.32 CAI AV CA IMMOBILIEN ANLAGEN AG 5681046 32.39 214 6,932.33
0.32 8956 JP NTT UD REIT INVE 6543800 864.89 8 6,919.12
0.32 8968 JP FUKUOKA REIT CORP B0B8154 1,129.29 6 6,775.76
0.31 3487 JP CRE LOGISTICS REIT INC BFXZ9X2 1,095.48 6 6,572.90
0.30 ELME ELME COMMUNITIES 2942304 13.20 489 6,454.80
0.30 ESRT EMPIRE STATE REA BF321D7 8.74 737 6,441.38
0.30 FAN LN VOLUTION GROUP PLC BN3ZZ52 4.93 1,303 6,428.33
0.29 603515 C1 OPPLE LIGHTING CO LTD-A BYW5N56 2.62 2,400 6,282.63
0.29 CLINT SP CAPITALAND INDIA TRUST B23DMQ9 0.78 7,856 6,134.04
0.28 LREIT SP LENDLEASE GLOBAL BKBPXB5 0.44 13,524 5,990.59
0.28 CQR AU CHARTER HALL RETAIL REIT 6225595 2.11 2,844 5,987.65
0.28 8958 JP GLOBAL ONE REIT 6693608 743.85 8 5,950.77
0.28 1719 JP HAZAMA ANDO CORP 6687991 7.44 800 5,950.77
0.28 PGRE PARAMOUNT GROUP INC BSL7HC6 4.60 1,291 5,938.60
0.27 HPP HUDSON PACIFIC P B64B9P8 5.75 1,008 5,796.00
0.27 BDN BRANDYWINE REALTY TRUST 2518954 4.33 1,337 5,789.21
0.27 APOG APOGEE ENTERPRISES INC 2046176 44.58 127 5,661.66
0.26 AAT AMERICAN ASSETS TRUST INC B3NTLD4 19.57 286 5,597.02
0.26 2979 JP SOSILA LOGISTICS REIT INC BG0WNL9 795.51 7 5,568.57
0.26 PDM PIEDMONT OFFIC-A B3M3278 6.13 889 5,449.57
0.19 1813 HK KWG GROUP HOLDINGS LTD B1YBF00 0.10 42,000 4,039.60
0.12 CASH 1.00 2,660 2,660.24
0.00 JAPANESE YEN 0.01 -2 -0.01
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 10/31/23

Sector Weight (%)
Real Estate 56.8
Industrials 37.8
Consumer Discretionary 4.4
Information Technology 1.0

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Real Estate Investment Trusts 45.5
Industrial Machinery 15.3
Building Products 12.3
Real Estate Development 9.6
Industrial Conglomerates 5.6
Miscellaneous Manufacturing 5.0
Containers/Packaging 4.0
Electronic Equipment/Instruments 1.3
Electrical Products 1.3
Other 0.1

Source: new windowAltaVista Research, LLC

Country Weight (%)
United States 40.4
Japan 19.1
Ireland 7.4
France 5.5
Singapore 5.5
Britain 5.0
Australia 3.9
Switzerland 3.7
Hong Kong 3.6
Netherlands 3.0
Spain 1.2
Other 1.7

Source: new windowAltaVista Research, LLC

All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.

ETF Characteristics As of 11/28/23

Return on Equity 8.00%
Weighted Avg. Market Cap 13,919 M
2022 2023
Price-to-earnings 15.73 15.18
Price-to-book value 1.22 1.22

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 10/31/23

Versus Beta
S&P 500 0.96
NASDAQ-100 0.62
MSCI EAFE 1.10
MSCI Emg. Mkts 0.87
Standard Deviation 23.50%

Source: new windowAltaVista Research, LLC

ETF Research

Investing involves risk, including possible loss of principal. The investable universe in which GRNR invests may be limited. Real estate and REITs are subject to changes in economic conditions, credit risk and interest rate fluctuations. Social responsibility investment criteria limit the types of securities that can be included, which could cause the Fund to underperform other funds that do not have a social responsibility focus. International investments, including emerging markets, may involve risk of capital loss from unfavorable fluctuation in currency values, from the differences in generally accepted accounting principles or from social, economic or political instability in other nations. GRNR 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 Solactive AG, nor does Solactive AG 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 Solactive AG.