CTEC


CleanTech ETF

Fund 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.

Fund 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.

Why CTEC?

High Growth Potential

CTEC enables investors to access high growth potential through companies at the leading edge of a structural shift in global energy use.

Unconstrained Approach

CTEC's composition transcends classic sector, industry, and geographic classifications by tracking an emerging theme.

Conscious Approach

CTEC incorporates the Environmental, Social & Governance (ESG) proxy voting guidelines from Glass Lewis.

Fund Details As of 07/23/21

Key Facts

Ticker CTEC
Inception Date 10/27/20
CUSIP 37954Y228
ISIN US37954Y2283
Bloomberg Index Ticker ICTEC
Primary Exchange Nasdaq
Number of Holdings 40

Stats & Fees

Net Assets $146,804,067
Net Asset Value (NAV) $19.14
Shares Outstanding 7,670,000
Total Expense Ratio 0.50%

Distributions

30-Day SEC Yield 0.08%
Distribution Frequency Semi-Annually

Fund Prices As of 07/23/21

NAV $19.14 Daily Change -$0.30 -1.54%
Market Price $19.12 Daily Change -$0.42 -2.15%
30-Day Median Bid-Ask Spread 0.39%

Performance History

As of recent month & quarter-end (06/30/21)
Fund NAV Market Price Index
Year-to-Date -8.43% -8.27% -10.38%
1 Month 7.74% 8.49% 8.55%
3 Months -5.12% -5.74% -7.20%
Since Inception 37.72% 38.31% 34.87%
Year-to-Date -8.43% -8.27% -10.38%
1 Month 7.74% 8.49% 8.55%
3 Months -5.12% -5.74% -7.20%
Since Inception 37.72% 38.31% 34.87%

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.

Fund Characteristics As of 07/23/21

Return on Equity 5.80%
Weighted Avg. Market Cap 11,280 M
2020 2021
Price-to-earnings 126.28 29.52
Price-to-book value 1.76 1.68

Source: AltaVista Research, LLC

Sector Breakdown As of 06/30/21

% of Net Assets
Industrials 46.7
Information Technology 36.3
Materials 14.4
Utilities 2.7

Source: AltaVista Research, LLC

Country Breakdown As of 06/30/21

% of Net Assets
United States 33.9
South Korea 13.3
China 12.8
Britain 7.0
Denmark 6.7
Spain 6.1
Germany 5.5
Hong Kong 5.2
Canada 4.0
Norway 1.7
Taiwan 1.2
Other/Cash 2.6

Source: AltaVista Research, LLC

Top Holdings As of 07/23/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
7.71 968 HK XINYI SOLAR HOLDINGS LTD BGQYNN1 2.02 5,595,900 11,322,673.39
7.71 006400 KS SAMSUNG SDI CO LTD 6771645 652.56 17,342 11,316,715.47
7.69 ENPH ENPHASE ENERGY INC B65SQW4 178.18 63,339 11,285,743.02
6.90 VWS DC VESTAS WIND SYSTEMS A/S BN4MYF5 37.00 273,710 10,127,629.23
5.32 SGRE SM SIEMENS GAMESA R B01CP21 26.96 289,522 7,804,763.70
4.69 FSLR FIRST SOLAR INC B1HMF22 82.95 82,956 6,881,200.20
4.50 SEDG SOLAREDGE TECHNO BWC52Q6 248.63 26,543 6,599,386.09
4.37 JMAT LN JOHNSON MATTHEY PLC BZ4BQC7 42.30 151,571 6,411,424.74
3.97 PLUG PLUG POWER INC 2508386 26.81 217,205 5,823,266.05
3.85 009830 KS HANWHA SOLUTIONS CORP 6407768 37.54 150,504 5,649,539.73
3.62 VAR1 GR VARTA AG 5802449 168.07 31,592 5,309,735.95
2.56 3800 HK GCL-POLY ENERGY B28XTR4 0.18 20,561,800 3,756,842.78
2.49 BLDP BALLARD POWER SYSTEMS INC 2120371 15.76 231,827 3,653,593.52
2.18 DQ DAQO NEW ENERGY CORP-ADR B953PM3 59.07 54,233 3,203,543.31
2.15 SPWR SUNPOWER CORP B59DK93 23.75 133,002 3,158,797.50
2.05 QS QUANTUMSCAPE CORP BMC73Z8 22.44 134,216 3,011,807.04
1.79 257 HK EB ENVIRONMENT 6630940 0.54 4,828,100 2,628,712.66
1.74 112610 KS CS WIND CORP BSPBZK8 77.16 33,086 2,552,927.66
1.66 BE BLOOM ENERGY CORP- A BDD1BB8 21.49 113,214 2,432,968.86
1.64 ITM LN ITM POWER PLC B0130H4 5.56 432,796 2,406,835.94
1.61 NDX1 GR NORDEX SE B06CF71 18.98 124,800 2,369,090.72
1.57 NEL NO NEL ASA B02NR83 2.01 1,145,371 2,301,026.06
1.52 336260 KS DOOSAN FUEL CELL CO LTD BH4G7R8 43.27 51,436 2,225,757.31
1.38 SHLS SHOALS TECHNOL-A BMDJ085 27.59 73,456 2,026,651.04
1.37 JKS JINKOSOLAR HOLDING CO-ADR B64H9N4 56.75 35,492 2,014,171.00
1.37 6121 TT SIMPLO TECHNOLOGY CO LTD 6421928 13.35 150,264 2,005,593.52
1.25 CSIQ CANADIAN SOLAR INC B1GKCH1 39.02 46,912 1,830,506.24
1.21 CWR LN CERES POWER HOLDINGS PLC BG5KQW0 13.14 135,176 1,776,161.22
1.17 ALFEN NA ALFEN BEHEER B.V. BG0SJ42 100.86 17,050 1,719,578.82
1.16 LAND SW LANDIS+GYR GROUP AG BF41XY8 74.99 22,661 1,699,328.90
1.13 6865 HK FLAT GLASS GROUP CO LTD-H BYQ9774 4.69 352,100 1,651,923.96
1.11 FCEL FUELCELL ENERGY INC BK6S6J8 6.40 253,505 1,622,432.00
1.04 AMRC AMERESCO INC-CL A B3SWPT2 64.50 23,684 1,527,618.00
0.96 S92 GR SMA SOLAR TECHNOLOGY AG B3B20H2 51.73 27,210 1,407,496.56
0.93 ARRY ARRAY TECHNOLOGIES INC BLBLMD5 13.65 99,807 1,362,365.55
0.74 TPIC TPI COMPOSITES INC BYYGK12 37.68 28,668 1,080,210.24
0.64 2208 HK XINJIANG GOLD-H B59GZJ7 1.55 606,300 939,594.68
0.61 PCELL SS POWERCELL SWEDEN AB BTHH8L3 22.12 40,623 898,668.65
0.30 1072 HK DONGFANG ELECT-H 6278566 0.80 552,200 439,960.36
0.27 MAXN MAXEON SOLAR TECHNOLOGIE BMH1V17 15.34 26,198 401,877.32
0.11 CASH 1.00 165,971 165,947.90
Holdings are subject to change.


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.