WNDY


Wind Energy ETF

Reasons to Consider WNDY

High Growth Potential

Forecasts suggest the global market for wind energy could reach $127bn by 2027, double the market size in 2019.1

Advancing Clean Technologies

Wind-powered turbines produce zero direct emissions, meaning broader adoption could result in reduced greenhouse gas emissions and improved air quality.2

Conscious Approach

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

1Research and Markets, Mar 2021
2Global Wind Energy Council

Key Information As of 02/28/24

Inception Date 09/08/21
Total Expense Ratio 0.50%
Net Assets $2.52 million
NAV $12.00
Fact Sheet View the document

ETF Summary

The Global X Wind Energy ETF (WNDY) seeks to invest in companies positioned to benefit from the advancement of the global wind energy industry. This includes companies involved in wind energy technology production; the integration of wind into energy systems; and the development/manufacturing of turbines that harness energy from wind and convert it into electrical power.

ETF Objective

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

Trading Details As of 02/27/24

Ticker WNDY
Bloomberg Index Ticker SOLWNDY
CUSIP 37960A800
ISIN US37960A8009
Primary Exchange Nasdaq
Shares Outstanding 210,000
Number of Holdings 27
30-Day Median Bid-Ask Spread 0.49%

Distributions As of 02/28/24

30-Day SEC Yield 1.51%
Distribution Frequency Semi-Annually

ETF Prices As of 02/28/24

NAV $12.00 Daily Change -$0.14 -1.15%
Market Price $12.02 Daily Change -$0.14 -1.15%

Performance History

As of recent
(12/31/23)
As of recent
(12/31/23)
Fund NAV Market Price Index
1 Year -22.40% -22.22% -22.14%
Since Inception -21.78% -21.86% -21.46%
1 Year -33.65% -34.51% -33.46%
Since Inception -24.80% -24.98% -24.50%
Year-to-Date -22.40% -22.22% -22.14%
1 Month 7.69% 7.79% 7.69%
3 Months 8.02% 8.30% 8.18%
Since Inception -43.34% -43.46% -42.79%
Year-to-Date -10.89% -11.20% -10.89%
1 Month -10.89% -11.20% -10.89%
3 Months 4.22% 3.80% 4.32%
Since Inception -49.51% -49.79% -49.02%

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 02/28/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
15.56 ORSTED DC ORSTED A/S BYT16L4 53.80 7,286 391,968.69
13.68 VWS DC VESTAS WIND SYSTEMS A/S BN4MYF5 27.04 12,746 344,685.78
11.29 NPI CN NORTHLAND POWER INC B68XHC3 16.98 16,750 284,341.95
5.66 601615 C1 MING YANG SMAR-A BK94864 1.36 104,500 142,482.23
4.61 BLX CN BORALEX INC -A 2099084 21.15 5,497 116,248.80
4.52 601016 C1 CECEP WIND POWER CORP-A BZ0D1V1 0.42 272,960 113,845.22
3.98 916 HK CHINA LONGYUAN-H B4Q2TX3 0.72 139,500 100,335.35
3.57 002487 C2 DAJIN HEAVY IN-A BQ3RQ89 2.91 30,850 89,853.95
3.47 NDX1 GR NORDEX SE B06CF71 10.45 8,362 87,354.44
3.38 002531 C2 TITAN WIND-A BD5LXS7 1.33 64,000 85,133.51
3.36 ANE SM CORP ACCIONA ENE BP7L895 21.19 3,995 84,662.94
3.08 300129 C2 SHANGHAI TAISHEN BNHPQS8 1.13 68,900 77,521.93
2.95 9958 TT CENTURY IRON B1LJ5C9 7.90 9,400 74,234.80
2.83 RNW RENEW ENERGY GLOBAL PLC-A BNQMPN8 6.34 11,262 71,401.08
2.75 TENERGY GA TERNA ENERGY SA B28XVV2 17.93 3,859 69,195.92
2.74 INE CN INNERGEX RENEWABLE ENERGY B29TNV3 6.02 11,447 68,935.97
2.46 112610 KS CS WIND CORP BSPBZK8 39.22 1,579 61,926.21
1.75 300443 C2 JINLEI TECHNOL-A BD5LWD5 2.66 16,550 43,984.12
1.69 OX2 SS OX2 AB BMD2JW1 5.09 8,343 42,437.40
1.50 300569 C2 QINGDAO TIANNE-A BQ3RQD4 0.69 54,400 37,764.69
1.27 603693 C1 JIANGSU NEW ENER BJFD6S6 1.39 23,100 32,008.20
1.18 301155 C2 JIANGSU HAILI -A BLC7TJ7 5.94 5,000 29,721.90
0.90 300772 C2 WINDEY ENERGY TECHNOLOGY BK71748 1.23 18,400 22,716.68
0.52 1798 HK CHINA DATANG C-H B4YX1N2 0.23 57,300 13,176.45
0.42 GWIND TI GALATA WIND ENERJI AS BM9KXQ1 0.89 12,040 10,677.06
0.36 SAYAS TI SAY YENILENEBILI BBR6FM4 2.98 3,058 9,117.82
0.25 OTHER PAYABLE & RECEIVABLES 1.00 6,241 6,240.60
0.24 297090 KS CS BEARING CO LTD BK21KS8 6.07 987 5,995.05
0.05 CASH 1.00 1,268 1,268.04
0.00 CANADIAN DOLLAR 1.00 0 -0.01
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 01/31/24

Sector Weight (%)
Utilities 57.4
Industrials 36.9
Materials 5.7

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Alternative Power Generation 53.5
Electrical Products 34.5
Electric Utilities 8.1
Engineering & Construction 3.7
Metal Fabrication 0.3

Source: new windowAltaVista Research, LLC

Country Weight (%)
Denmark 30.4
China 28.5
Canada 20.7
Spain 4.1
Germany 3.4
India 2.9
South Korea 2.9
Taiwan 2.6
Greece 2.5
Sweden 1.5
Turkey 0.6

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 02/27/24

Return on Equity 12.10%
Weighted Avg. Market Cap 9,609 M
2023 2024
Price-to-earnings 113.20 13.72
Price-to-book value 1.73 1.60

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 01/31/24

Versus Beta
S&P 500 0.86
NASDAQ-100 0.61
MSCI EAFE 1.02
MSCI Emg. Mkts 0.95
Standard Deviation 25.10%

Source: new windowAltaVista Research, LLC

ETF Research

Investing involves risk, including the possible loss of principal. The investable universe of companies in which WNDY may invest may be limited. Narrowly focused investments will be more susceptible to factors affecting that sector and subject to more volatility. Wind energy companies may be highly dependent upon government subsidies, contracts with government entities, and the successful development of new and proprietary technologies. Seasonal weather conditions, fluctuations in the supply of and demand for energy products, changes in energy prices, and international political events may cause fluctuations in the performance of such companies. 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. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. WNDY 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.

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.