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GRNR

Green Building ETF

Invest in GRNR
Overview Prices & Performance Holdings & Characteristics Research Documents

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 02/06/23

Inception Date 04/11/22
Total Expense Ratio 0.45%
Net Assets $2.22 million
NAV $22.21
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 02/06/23

Ticker GRNR
Bloomberg Index Ticker SOLGRNR
CUSIP 37960A842
ISIN US37960A8421
Primary Exchange Nasdaq
Shares Outstanding 100,000
Number of Holdings 84
30-Day Median Bid-Ask Spread 0.47%

Distributions As of 02/06/23

30-Day SEC Yield 3.55%
Distribution Frequency Semi-Annually
 Distribution History

ETF Prices As of 02/06/23

NAV $22.21 Daily Change -$0.44 -1.94%
Market Price $22.18 Daily Change -$0.31 -1.38%

Performance History

Premium Discount Chart
As of recent
(12/31/22)
Fund NAV Market Price Index
Year-to-Date -- -- --
1 Month -0.32% -1.03% -0.27%
3 Months 12.58% 12.88% 12.78%
Since Inception -17.08% -17.44% -17.18%
Year-to-Date 8.06% 8.68% 8.11%
1 Month 8.06% 8.68% 8.11%
3 Months 19.47% 20.20% 19.64%
Since Inception -10.39% -10.27% -10.46%

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 02/06/23

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
5.08 KNEBV FH KONE OYJ-B B09M9D2 54.28 2,079 112,847.51
4.95 SGO FP COMPAGNIE DE SAINT GOBAIN 7380482 58.50 1,878 109,857.68
4.49 TT TRANE TECHNOLOGIES PLC BK9ZQ96 185.02 539 99,725.78
4.17 CARR CARRIER GLOBAL CORP BK4N0D7 46.15 2,004 92,484.60
3.40 KRXI S1 KINGSPAN GROUP PLC 4491235 68.98 1,095 75,535.07
3.40 CICT SP CAPITALAND INTEG 6420129 1.59 47,510 75,458.11
3.23 BXP BOSTON PROPERTIES INC 2019479 73.36 977 71,672.72
3.02 688 HK CHINA OVERSEAS 6192150 2.53 26,450 66,949.65
2.84 GFC FP GECINA SA 7742468 119.76 527 63,115.13
2.76 LII LENNOX INTERNATIONAL INC 2442053 268.41 228 61,197.48
2.32 URW NA UNIBAIL-RODAMCO-WESTFIELD BFYM460 65.68 785 51,556.06
2.16 8951 JP NIPPON BUILDING FUND INC 6396800 4,357.97 11 47,937.68
2.05 BLD TOPBUILD CORP BZ0P3W2 198.32 229 45,415.28
1.85 LI FP KLEPIERRE 7582556 25.96 1,584 41,119.68
1.75 VCX AU VICINITY CENTRES BY7QXS7 1.42 27,366 38,866.02
1.74 8952 JP JAPAN REAL ESTAT 6397580 4,282.70 9 38,544.33
1.74 BKG LN BERKELEY GROUP BLJNXL8 51.25 752 38,536.31
1.73 8953 JP JAPAN METROPOLIT 6513342 767.73 50 38,386.27
1.72 BEAN SW BELIMO HOLDING AG-REG BP0QDP8 545.17 70 38,161.94
1.68 HKL SP HONGKONG LAND 6434915 4.89 7,620 37,261.80
1.54 COV FP COVIVIO 7745638 69.92 489 34,188.65
1.53 3283 JP NIPPON PROLOGIS REIT INC B98BC67 2,261.78 15 33,926.69
1.50 3462 JP NOMURA REAL ESTA BYSJJF4 1,149.33 29 33,330.57
1.48 3281 JP GLP J-REIT B8RBZV7 1,135.78 29 32,937.68
1.46 KRC KILROY REALTY CORP 2495529 39.65 818 32,433.70
1.28 VNO VORNADO REALTY TRUST 2933632 23.93 1,188 28,428.84
1.28 CUZ COUSINS PROPERTIES INC BJP0MF6 26.41 1,075 28,390.75
1.27 MTH MERITAGE HOMES CORP 2601326 110.34 255 28,136.70
1.17 8954 JP ORIX JREIT INC 6527774 1,366.10 19 25,955.89
1.16 NRP SJ NEPI ROCKCASTLE N.V. BLF9GQ6 6.25 4,120 25,736.88
1.15 2202 HK CHINA VANKE CO LTD-H BN320P8 1.92 13,370 25,628.47
1.14 101 HK HANG LUNG PROPERTIES LTD 6030506 1.99 12,733 25,316.21
1.08 KBH KB HOME 2485070 39.01 614 23,952.14
1.08 AAON AAON INC 2268130 79.56 300 23,868.00
1.02 8960 JP UNITED URBAN 6723839 1,136.53 20 22,730.69
1.00 MPACT SP MAPLETREE PAN AS B5143W8 1.36 16,290 22,142.63
0.98 MRL SM MERLIN PROPERTIE BNGNB77 9.85 2,218 21,838.67
0.95 1972 HK SWIRE PROPERTIES LTD B67C2G0 2.77 7,660 21,185.17
0.92 FLT SP FRASERS LOGISTIC BYYFHZ2 1.01 20,190 20,364.77
0.91 DEI DOUGLAS EMMETT INC B1G3M58 16.52 1,216 20,088.32
0.86 CIT SP CITY DEVELOPMENTS LTD 6197928 6.26 3,060 19,163.87
0.86 SLG SL GREEN REALTY CORP BPGKM57 40.72 466 18,975.52
0.81 ROCKB DC ROCKWOOL A/S-B SHS 4713490 294.54 61 17,966.78
0.75 FABG SS FABEGE AB BFM6T36 9.02 1,853 16,717.91
0.73 8955 JP JAPAN PRIM REALT 6528175 2,694.57 6 16,167.39
0.72 ICAD FP ICADE 4554406 48.23 331 15,963.19
0.69 COL SM INMOBILIARIA COL BD0PJ08 7.31 2,106 15,390.90
0.68 DOOR MASONITE INTERNA BCZM468 93.58 162 15,159.96
0.66 3279 JP ACTIVIA PROPERTIES INC B8BSRY1 2,946.71 5 14,733.55
0.65 3466 JP LASALLE LOGIPORT REIT BDD1L29 1,193.74 12 14,324.85
0.59 FCT SP FRASERS CENTREPOINT TRUST B17NZ47 1.69 7,760 13,084.23
0.55 3292 JP AEON REIT INVESTMENT CORP BFSSCF9 1,110.94 11 12,220.38
0.54 MHO M/I HOMES INC 2549385 61.00 196 11,956.00
0.53 ELME ELME COMMUNITIES 2942304 18.87 628 11,850.36
0.52 8964 JP FRONTIER REIT B020QY3 3,838.63 3 11,515.88
0.52 HUFVA SS HUFVUDSTADEN AB-A SHS 4449137 14.86 774 11,502.50
0.49 CTPNV NA CTP NV BLF7T27 14.85 728 10,812.50
0.48 HPP HUDSON PACIFIC P B64B9P8 10.87 977 10,619.99
0.47 817 HK CHINA JINMAO HOL B23TGR6 0.21 50,260 10,505.33
0.42 KREIT SP KEPPEL REIT B12RQH4 0.70 13,380 9,416.86
0.42 PDM PIEDMONT OFFIC-A B3M3278 10.42 886 9,232.12
0.41 PGTI PGT INNOVATIONS INC B17V2N9 22.18 414 9,182.52
0.39 CAI AV CA IMMOBILIEN ANLAGEN AG 5681046 30.58 283 8,655.46
0.37 BDN BRANDYWINE REALTY TRUST 2518954 6.74 1,223 8,243.02
0.36 ESRT EMPIRE STATE REA BF321D7 8.21 965 7,922.65
0.36 MERY FP MERCIALYS B0LMF87 11.28 699 7,883.85
0.35 LIAB SS LINDAB INTERNATIONAL AB B1HP071 14.72 534 7,860.44
0.32 ATRLJB SS ATRIUM LJUNGBERG AB-B SHS B1TJ338 17.38 408 7,092.45
0.31 LREIT SP LENDLEASE GLOBAL BKBPXB5 0.55 12,560 6,948.89
0.30 81 HK CHINA OVERSEAS G 6803247 0.46 14,126 6,553.36
0.29 CLINT SP CAPITALAND INDIA TRUST B23DMQ9 0.90 7,300 6,538.95
0.29 HOME SM NEINOR HOMES SA BD9BPN2 10.48 623 6,531.93
0.29 WHA NA WERELDHAVE NV 4948623 15.47 422 6,530.35
0.29 FAN LN VOLUTION GROUP PLC BN3ZZ52 4.60 1,408 6,477.88
0.29 CTY1S FH CITYCON OYJ BHWV281 7.44 870 6,470.10
0.29 CASH 1.00 6,329 6,328.76
0.28 3493 JP ADVANCE LOGISTIC BZ1KQN8 1,047.72 6 6,286.32
0.28 8968 JP FUKUOKA REIT CORP B0B8154 1,254.70 5 6,273.52
0.28 FSP FRANKLIN STREET B02T2D1 3.03 2,034 6,163.02
0.27 2979 JP SOSILA LOGISTICS REIT INC BG0WNL9 992.02 6 5,952.13
0.24 3487 JP CRE LOGISTICS REIT INC BFXZ9X2 1,320.94 4 5,283.76
0.24 D-U CN DREAM OFFICE REA BMJJVS6 12.28 428 5,257.95
0.22 BCPT LN BMO COMMERCIAL P B4ZPCJ0 0.97 5,123 4,972.41
0.22 BRPR3 BZ BR PROPERTIES SA B1FLW42 1.16 4,150 4,801.61
0.17 884 HK CIFI HOLDINGS GR B8Z00N3 0.14 28,134 3,800.85
0.00 SINGAPORE DOLLAR 0.75 1 0.63
0.00 CANADIAN DOLLAR 0.73 0 0.33
0.00 EURO 1.00 0 0.02
0.00 HONG KONG DOLLAR 0.00 0 0.00
0.00 JAPANESE YEN 0.01 -3 -0.02
Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 01/31/23

Sector Weight (%)
Real Estate 62.6
Industrials 30.4
Consumer Discretionary 7.1

Source: AltaVista Research, LLC

Country Breakdown As of 01/31/23

Country Weight (%)
United States 25.0
Japan 16.3
France 12.4
Ireland 7.9
Singapore 7.8
Hong Kong 5.9
Finland 5.5
Britain 3.2
Netherlands 3.2
Sweden 2.1
Spain 2.0
Other/Cash 8.7

Source: AltaVista Research, LLC

ETF Characteristics As of 02/06/23

Return on Equity 7.80%
Weighted Avg. Market Cap 6,007 M
2022 2023
Price-to-earnings 12.65 13.30
Price-to-book value 1.05 1.02

Source: AltaVista Research, LLC

ETF Research

Introducing GRNR: The Case for Green Buildings

Read More

Inflation Reduction Act Could Provide Major Boost for Renewable Energy and CleanTech Industries

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ETF Documents

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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