CTEC


CleanTech ETF

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 05/26/22

Inception Date 10/27/20
Total Expense Ratio 0.50%
Net Assets $111.20 million
NAV $14.29
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 05/26/22

Ticker CTEC
Bloomberg Index Ticker ICTEC
CUSIP 37954Y228
ISIN US37954Y2283
Primary Exchange Nasdaq
Shares Outstanding 7,780,000
Number of Holdings 40
30-Day Median Bid-Ask Spread 0.85%

Distributions As of 05/26/22

30-Day SEC Yield 0.22%
Distribution Frequency Semi-Annually

ETF Prices As of 05/26/22

NAV $14.29 Daily Change $0.42 3.02%
Market Price $14.33 Daily Change -$0.05 -0.35%

Performance History

As of recent
(03/31/22)
As of recent
(03/31/22)
Fund NAV Market Price Index
1 Year -23.35% -24.64% -25.04%
Since Inception 7.76% 7.31% 6.19%
1 Year -30.20% -30.32% -31.94%
Since Inception -3.52% -3.79% -4.87%
Year-to-Date -5.49% -5.74% -5.35%
1 Month 2.96% 2.03% 3.02%
3 Months -5.49% -5.74% -5.35%
Since Inception 11.26% 10.59% 8.94%
Year-to-Date -19.52% -19.59% -19.41%
1 Month -14.85% -14.70% -14.86%
3 Months -3.27% -4.13% -3.20%
Since Inception -5.26% -5.67% -7.25%

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 05/26/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
7.69 006400 KS SAMSUNG SDI CO LTD 6771645 459.35 18,606 8,546,718.23
6.86 ENPH ENPHASE ENERGY INC B65SQW4 178.78 42,634 7,622,106.52
6.22 968 HK XINYI SOLAR HOLDINGS LTD BGQYNN1 1.72 4,019,700 6,913,168.10
5.79 SEDG SOLAREDGE TECHNO BWC52Q6 266.44 24,177 6,441,719.88
5.35 VWS DC VESTAS WIND SYSTEMS A/S BN4MYF5 24.21 245,927 5,953,343.46
4.88 SGRE SM SIEMENS GAMESA R B01CP21 19.23 282,017 5,422,415.71
4.57 FSLR FIRST SOLAR INC B1HMF22 68.08 74,698 5,085,439.84
4.52 PLUG PLUG POWER INC 2508386 17.06 294,287 5,020,536.22
4.06 009830 KS HANWHA SOLUTIONS CORP 6407768 27.86 162,188 4,518,734.33
4.06 JMAT LN JOHNSON MATTHEY PLC BZ4BQC7 28.49 158,538 4,517,183.77
3.12 QS QUANTUMSCAPE CORP BMC73Z8 12.19 284,283 3,465,409.77
2.75 257 HK EB ENVIRONMENT 6630940 0.59 5,209,400 3,059,414.62
2.73 DQ DAQO NEW ENERGY CORP-ADR B953PM3 48.61 62,333 3,030,007.13
2.63 VAR1 GR VARTA AG 5802449 85.03 34,363 2,921,987.48
2.24 SPWR SUNPOWER CORP B59DK93 17.03 146,434 2,493,771.02
2.18 JKS JINKOSOLAR HOLDING CO-ADR B64H9N4 60.20 40,346 2,428,829.20
2.04 BE BLOOM ENERGY CORP- A BDD1BB8 16.57 137,117 2,272,028.69
1.78 ITM LN ITM POWER PLC B0130H4 3.79 521,289 1,976,243.05
1.75 ALFEN NA ALFEN BEHEER B.V. BG0SJ42 105.52 18,396 1,941,235.90
1.67 BLDP BALLARD POWER SYSTEMS INC 2120371 7.35 252,193 1,853,618.55
1.54 NEL NO NEL ASA B02NR83 1.38 1,236,398 1,711,487.89
1.49 AMRC AMERESCO INC-CL A B3SWPT2 57.75 28,673 1,655,865.75
1.44 336260 KS DOOSAN FUEL CELL CO LTD BH4G7R8 28.85 55,520 1,601,622.73
1.42 6121 TT SIMPLO TECHNOLOGY CO LTD 6421928 9.70 162,464 1,575,635.53
1.39 6865 HK FLAT GLASS GROUP CO LTD-H BYQ9774 4.06 380,600 1,544,286.69
1.39 NDX1 GR NORDEX SE B06CF71 11.38 135,472 1,541,945.92
1.38 CSIQ CANADIAN SOLAR INC B1GKCH1 30.31 50,574 1,532,897.94
1.36 112610 KS CS WIND CORP BSPBZK8 42.38 35,715 1,513,729.68
1.31 S92 GR SMA SOLAR TECHNOLOGY AG B3B20H2 49.47 29,321 1,450,573.24
1.25 CWR LN CERES POWER HOLDINGS PLC BG5KQW0 8.60 161,239 1,386,757.99
1.25 LAND SW LANDIS+GYR GROUP AG BF41XY8 56.89 24,368 1,386,260.55
1.18 SHLS SHOALS TECHNOL-A BMDJ085 14.85 88,114 1,308,492.90
1.12 FCEL FUELCELL ENERGY INC BK6S6J8 3.98 311,750 1,240,765.00
1.08 ARRY ARRAY TECHNOLOGIES INC BLBLMD5 10.53 113,572 1,195,913.16
0.98 NVX AU NOVONIX LTD BYZ6CM6 2.65 413,068 1,093,074.03
0.94 STEM STEM INC BNHTRL0 7.98 130,457 1,041,046.86
0.92 2208 HK XINJIANG GOLD-H B59GZJ7 1.56 657,500 1,026,918.40
0.89 3576 TT UNITED RENEWABLE B284BT3 0.71 1,384,600 983,650.79
0.39 FLNC FLUENCE ENERGY INC BMXC0N9 9.36 46,029 430,831.44
0.32 1072 HK DONGFANG ELECT-H 6278566 1.09 332,200 360,569.45
0.12 CASH 1.00 131,278 131,248.49
Holdings are subject to change.

Sector Breakdown As of 04/30/22

Sector Weight (%)
Information Technology 45.5
Industrials 41.1
Materials 7.7
Consumer Discretionary 5.7

Source: AltaVista Research, LLC

Country Breakdown As of 04/30/22

Country Weight (%)
United States 35.7
South Korea 14.9
China 12.1
Britain 7.3
Germany 6.0
Denmark 5.8
Spain 4.1
Canada 3.2
Hong Kong 2.8
Taiwan 2.4
Norway 1.6
Other/Cash 4.1

Source: AltaVista Research, LLC

ETF Characteristics As of 05/26/22

Return on Equity 8.10%
Weighted Avg. Market Cap 8,661 M
2021 2022
Price-to-earnings 38.98 28.86
Price-to-book value 2.40 2.27

Source: AltaVista Research, LLC

ETF Risk Stats As of 05/26/22

Versus Beta
S&P 500 1.42
MSCI EAFE 1.36
MSCI Emg. Mkts 1.96
Standard Deviation 45.00%

Source: AltaVista Research, LLC

ETF Research

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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.

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