RAYS
Solar ETF
Reasons to Consider RAYS
High Growth Potential
The clean energy transition is well underway. Forecasts suggest that global solar power capacity could more than triple between 2024 and 20301
Advancing Clean Technologies
Solar is the most abundant energy resource on earth.2 Increased solar adoption could help minimize the adverse environmental impacts of fossil fuel consumption.
Unconstrained Approach
Solar energy is a dynamic theme, supporting a long-term structural shift in worldwide energy use. RAYS invests accordingly, with global exposure across multiple sectors and industries.
1International Energy Agency (IEA), Oct 2024
2National Renewable Energy Laboratory
| Key Information |
ETF Summary
The Global X Solar ETF (RAYS) seeks to invest in companies positioned to benefit from the advancement of the global solar technology industry. This includes companies involved in solar power production; the integration of solar into energy systems; and the development/manufacturing of solar-powered generators, engines, batteries, and other technologies related to the utilization of solar as an energy source.
ETF Objective
The Global X Solar ETF (RAYS) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Solar Index.
| Trading Details |
| Distributions |
ETF Prices
| NAV | Daily Change | |||
| Market Price | Daily Change |
Performance History
| Fund NAV | Market Price | Index | |
|---|---|---|---|
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 9.83 | 605117 C1 | NINGBO DEYE TE-A | BP91NG5 | 12.45 | 35,420 | 441,117.39 |
| 8.65 | FSLR | FIRST SOLAR INC | B1HMF22 | 163.37 | 2,377 | 388,330.49 |
| 8.17 | NXT | NEXTRACKER INC-CL A | BR1GTS6 | 57.86 | 6,338 | 366,716.68 |
| 7.60 | ENPH | ENPHASE ENERGY INC | B65SQW4 | 47.29 | 7,211 | 341,008.19 |
| 7.32 | 601012 C1 | LONGI GREEN EN-A | BRTL411 | 2.10 | 156,260 | 328,356.19 |
| 7.12 | 300274 C2 | SUNGROW POWER -A | BD5CGB4 | 8.92 | 35,840 | 319,716.01 |
| 4.64 | 009830 KS | HANWHA SOLUTIONS CORP | 6407768 | 27.36 | 7,620 | 208,454.86 |
| 4.31 | RUN | SUNRUN INC | BYXB1Y8 | 10.66 | 18,133 | 193,297.78 |
| 3.53 | 002129 C2 | TCL ZHONGHUAN -A | BD5CMT4 | 1.09 | 145,100 | 158,599.06 |
| 2.59 | 300724 C2 | SHENZHEN SC NE-A | BKDQ8D3 | 7.61 | 15,300 | 116,383.83 |
| Exposure |
ETF Characteristics
As of May 21 2025| Return on Equity | 8.40% | |
| Weighted Avg. Market Cap | 6,709 M | |
| 2024 | 2025 | |
| Price-to-earnings | 63.29 | 18.46 |
| Price-to-book value | 1.61 | 1.50 |
| ETF Risk Stats |