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 06/23/22

Inception Date 04/11/22
Total Expense Ratio 0.45%
Net Assets $2.15 million
NAV $21.49
Fact Sheet

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 06/23/22

Ticker GRNR
Bloomberg Index Ticker SOLGRNR
CUSIP 37960A842
ISIN US37960A8421
Primary Exchange Nasdaq
Shares Outstanding 100,000
Number of Holdings 74
30-Day Median Bid-Ask Spread 0.42%

Distributions As of 06/23/22

30-Day SEC Yield 3.76%
Distribution Frequency Semi-Annually

ETF Prices As of 06/23/22

NAV $21.49 Daily Change -$0.03 -0.13%
Market Price $21.59 Daily Change -$0.01 -0.02%

Performance History

As of recent
(03/31/22)
Fund NAV Market Price Index
Year-to-Date -- -- --
1 Month -- -- --
3 Months -- -- --
Since Inception -- -- --
Year-to-Date -- -- --
1 Month -1.36% -0.71% -1.37%
3 Months -- -- --
Since Inception -5.95% -5.64% -5.96%

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.

Top Holdings As of 06/23/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
4.77 688 HK CHINA OVERSEAS 6192150 2.97 34,450 102,482.08
4.05 KNEBV FH KONE OYJ-B B09M9D2 45.03 1,931 86,953.96
3.83 CICT SP CAPITALAND INTEG 6420129 1.55 53,210 82,386.22
3.60 LR FP LEGRAND SA B11ZRK9 72.54 1,066 77,329.33
3.56 CARR CARRIER GLOBAL CORP BK4N0D7 34.82 2,195 76,429.90
3.32 BXP BOSTON PROPERTIES INC 2019479 90.00 792 71,280.00
3.32 GFC FP GECINA SA 7742468 97.60 730 71,247.63
3.27 8951 JP NIPPON BUILDING FUND INC 6396800 5,019.89 14 70,278.51
2.71 LAND LN LAND SECURITIES GROUP PLC BYW0PQ6 8.52 6,825 58,151.05
2.56 HKL SP HONGKONG LAND 6434915 4.91 11,220 55,090.20
2.48 8952 JP JAPAN REAL ESTAT 6397580 4,439.82 12 53,277.80
2.41 BKG LN BERKELEY GROUP BLJNXL8 45.35 1,141 51,745.24
2.34 3283 JP NIPPON PROLOGIS REIT INC B98BC67 2,398.39 21 50,366.27
2.26 2202 HK CHINA VANKE CO LTD-H BN320P8 2.29 21,170 48,547.31
2.24 3462 JP NOMURA REAL ESTA BYSJJF4 1,231.55 39 48,030.34
2.17 3281 JP GLP J-REIT B8RBZV7 1,195.11 39 46,609.15
2.15 KRC KILROY REALTY CORP 2495529 51.60 897 46,285.20
2.15 8953 JP JAPAN METROPOLIT 6513342 755.59 61 46,090.80
1.92 VNO VORNADO REALTY TRUST 2933632 28.56 1,446 41,297.76
1.85 LI FP KLEPIERRE 7582556 21.28 1,872 39,832.72
1.84 COV FP COVIVIO 7745638 58.59 675 39,549.12
1.79 VCX AU VICINITY CENTRES BY7QXS7 1.27 30,269 38,515.77
1.76 CUZ COUSINS PROPERTIES INC BJP0MF6 29.47 1,286 37,898.42
1.65 8954 JP ORIX JREIT INC 6527774 1,359.46 26 35,346.00
1.57 BEAN SW BELIMO HOLDING AG-REG BP0QDP8 344.47 98 33,757.83
1.51 DEI DOUGLAS EMMETT INC B1G3M58 22.36 1,453 32,489.08
1.46 101 HK HANG LUNG PROPERTIES LTD 6030506 1.83 17,110 31,258.71
1.42 NRP SJ NEPI ROCKCASTLE S.A. BDD7WV3 5.64 5,414 30,560.59
1.37 MTH MERITAGE HOMES CORP 2601326 72.04 407 29,320.28
1.31 MRL SM MERLIN PROPERTIE BNGNB77 10.01 2,820 28,235.63
1.26 8960 JP UNITED URBAN 6723839 1,044.14 26 27,147.58
1.16 MCT SP MAPLETREE COMMER B5143W8 1.30 19,190 24,875.41
1.13 3249 JP INDUSTRIAL & INF B24HH65 1,282.12 19 24,360.24
1.11 1972 HK SWIRE PROPERTIES LTD B67C2G0 2.41 9,860 23,766.75
1.10 FLT SP FRASERS LOGISTIC BYYFHZ2 0.97 24,290 23,614.79
1.10 8955 JP JAPAN PRIM REALT 6528175 2,941.29 8 23,530.29
1.09 FABG SS FABEGE AB BFM6T36 9.64 2,437 23,496.26
1.07 817 HK CHINA JINMAO HOL B23TGR6 0.25 91,040 23,081.14
1.04 884 HK CIFI HOLDINGS GR B8Z00N3 0.46 48,134 22,321.78
1.01 3466 JP LASALLE LOGIPORT REIT BDD1L29 1,207.75 18 21,739.49
0.95 CIT SP CITY DEVELOPMENTS LTD 6197928 5.88 3,460 20,357.34
0.83 3279 JP ACTIVIA PROPERTIES INC B8BSRY1 2,974.75 6 17,848.51
0.82 HPP HUDSON PACIFIC P B64B9P8 15.48 1,136 17,585.28
0.78 3292 JP AEON REIT INVESTMENT CORP BFSSCF9 1,111.81 15 16,677.20
0.76 COL SM INMOBILIARIA COL BD0PJ08 6.72 2,427 16,302.65
0.73 PDM PIEDMONT OFFIC-A B3M3278 13.13 1,187 15,585.31
0.70 FCT SP FRASERS CENTREPOINT TRUST B17NZ47 1.61 9,360 15,031.54
0.65 BDN BRANDYWINE REALTY TRUST 2518954 9.54 1,453 13,861.62
0.63 CAI AV CA IMMOBILIEN ANLAGEN AG 5681046 31.64 430 13,604.44
0.57 KREIT SP KEPPEL REIT B12RQH4 0.80 15,280 12,214.32
0.56 CTPNV NA CTP NV BLF7T27 11.71 1,020 11,941.88
0.53 MHO M/I HOMES INC 2549385 39.34 290 11,408.60
0.52 HUFVA SS HUFVUDSTADEN AB-A SHS 4449137 11.26 990 11,150.49
0.51 LIAB SS LINDAB INTERNATIONAL AB B1HP071 14.30 770 11,011.03
0.46 3453 JP KENEDIX RETAIL REIT CORP BTLX226 1,981.93 5 9,909.64
0.46 ECMPA NA EUROCOMMERCIAL P BMZ4R21 22.43 436 9,771.66
0.44 BCPT LN BMO COMMERCIAL P B4ZPCJ0 1.36 6,950 9,468.43
0.42 HMSO LN HAMMERSON PLC BK7YQK6 0.25 36,550 9,021.31
0.38 CASH 1.00 8,115 8,114.89
0.36 410 HK SOHO CHINA LTD B27WLD2 0.18 42,300 7,814.12
0.36 81 HK CHINA OVERSEAS G 6803247 0.50 15,460 7,740.59
0.35 LREIT SP LENDLEASE GLOBAL BKBPXB5 0.57 13,260 7,543.86
0.34 8968 JP FUKUOKA REIT CORP B0B8154 1,207.75 6 7,246.50
0.33 CTY1S FH CITYCON OYJ BHWV281 6.99 1,000 6,990.95
0.32 BRPR3 BZ BR PROPERTIES SA B1FLW42 1.67 4,150 6,949.20
0.32 3487 JP CRE LOGISTICS REIT INC BFXZ9X2 1,388.47 5 6,942.33
0.32 PRIME SP PRIME US REIT BJK0400 0.67 10,170 6,763.05
0.31 MERY FP MERCIALYS B0LMF87 8.64 760 6,565.38
0.30 3493 JP ADVANCE LOGISTIC BZ1KQN8 1,071.66 6 6,429.93
0.29 2979 JP SOSILA LOGISTICS REIT INC BG0WNL9 1,032.98 6 6,197.90
0.28 WHA NA WERELDHAVE NV 4948623 15.20 390 5,929.25
0.26 FSP FRANKLIN STREET B02T2D1 4.28 1,300 5,564.00
0.24 D-U CN DREAM OFFICE REA BMJJVS6 14.88 340 5,058.89
0.23 ATRLJB SS ATRIUM LJUNGBERG AB-B SHS B1TJ338 13.60 370 5,032.83
0.02 CDREIT SP CDL HOSPITALITY TRUSTS B192HG8 0.93 534 496.08
Holdings are subject to change.

Sector Breakdown As of 05/31/22

Sector Weight (%)
Real Estate 81.5
Industrials 13.9
Consumer Discretionary 4.6

Source: AltaVista Research, LLC

Country Breakdown As of 05/31/22

Country Weight (%)
Japan 24.0
United States 20.0
France 11.7
Singapore 8.3
Hong Kong 8.0
Britain 7.3
Finland 4.5
China 3.1
Sweden 2.8
Bermuda 2.2
Spain 2.2
Other/Cash 5.9

Source: AltaVista Research, LLC

ETF Characteristics As of 06/23/22

Return on Equity 6.70%
Weighted Avg. Market Cap 9,569 M
2021 2022
Price-to-earnings 12.20 11.55
Price-to-book value 0.78 0.76

Source: AltaVista 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.

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