| NAV | $20.44 | Daily Change | $0.66 | 3.34% |
| Market Price | $20.49 | Daily Change | $0.69 | 3.48% |
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
Green buildings typically have smaller carbon footprints, with less water and energy waste. These qualities may be appealing as sustainability is more widely embraced.
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
| Inception Date | 04/11/22 |
| Total Expense Ratio | 0.45% |
| Net Assets | $2.04 million |
| NAV | $20.44 |
| Fact Sheet |
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.
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.
| Ticker | GRNR |
| Bloomberg Index Ticker | SOLGRNR |
| CUSIP | 37960A842 |
| ISIN | US37960A8421 |
| Primary Exchange | Nasdaq |
| Shares Outstanding | 100,000 |
| Number of Holdings | 76 |
| 30-Day Median Bid-Ask Spread | 0.48% |
| 30-Day SEC Yield | 3.38% |
| Distribution Frequency | Semi-Annually |
| NAV | $20.44 | Daily Change | $0.66 | 3.34% |
| Market Price | $20.49 | Daily Change | $0.69 | 3.48% |
|
As of recent month-end (05/31/23)
As of recent (03/31/23)
|
Fund NAV | Market Price | Index |
|---|---|---|---|
| 1 Year | -- | -- | -18.44% |
| Since Inception | -- | -- | -17.23% |
| 1 Year | -15.41% | -15.64% | -15.36% |
| Since Inception | -18.22% | -18.18% | -18.19% |
| Year-to-Date | 0.39% | 0.74% | 0.51% |
| 1 Month | -3.57% | -3.48% | -3.50% |
| 3 Months | 0.39% | 0.74% | 0.51% |
| Since Inception | -16.75% | -16.83% | -16.75% |
| Year-to-Date | -4.05% | -3.58% | -3.90% |
| 1 Month | -6.92% | -7.27% | -6.93% |
| 3 Months | -7.84% | -7.62% | -7.73% |
| Since Inception | -20.44% | -20.40% | -20.41% |
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 4.62 | KNEBV FH | KONE OYJ-B | B09M9D2 | 55.00 | 1,718 | 94,490.37 |
| 4.46 | SGRO LN | SEGRO PLC | B5ZN1N8 | 10.33 | 8,833 | 91,249.64 |
| 4.20 | CARR | CARRIER GLOBAL CORP | BK4N0D7 | 43.44 | 1,975 | 85,794.00 |
| 4.15 | KSP ID | KINGSPAN GROUP PLC | 4491235 | 68.58 | 1,237 | 84,831.80 |
| 4.09 | TT | TRANE TECHNOLOGIES PLC | BK9ZQ96 | 173.01 | 483 | 83,563.83 |
| 3.82 | CSL | CARLISLE COS INC | 2176318 | 225.93 | 346 | 78,171.78 |
| 3.75 | LII | LENNOX INTERNATIONAL INC | 2442053 | 298.23 | 257 | 76,645.11 |
| 3.50 | SCG AU | SCENTRE GROUP | BLZH0Z7 | 1.80 | 39,812 | 71,616.63 |
| 3.49 | SCHP SW | SCHINDLER HLD-PC | B11TCY0 | 216.86 | 329 | 71,348.31 |
| 3.10 | GFC FP | GECINA SA | 7742468 | 106.24 | 596 | 63,316.53 |
| 3.02 | BXP | BOSTON PROPERTIES INC | 2019479 | 50.64 | 1,220 | 61,780.80 |
| 2.74 | BLD | TOPBUILD CORP | BZ0P3W2 | 217.94 | 257 | 56,010.58 |
| 2.40 | MGR AU | MIRVAC GROUP | 6161978 | 1.55 | 31,708 | 49,069.96 |
| 2.33 | 8951 JP | NIPPON BUILDING FUND INC | 6396800 | 3,973.94 | 12 | 47,687.24 |
| 2.27 | LAND LN | LAND SECURITIES GROUP PLC | BYW0PQ6 | 7.81 | 5,933 | 46,331.20 |
| 2.08 | URW FP | UNIBAIL-RODAMCO-WESTFIELD | BF2PQ09 | 47.94 | 887 | 42,525.31 |
| 2.07 | LI FP | KLEPIERRE | 7582556 | 23.63 | 1,791 | 42,318.13 |
| 1.92 | 8953 JP | JAPAN METROPOLIT | 6513342 | 700.27 | 56 | 39,215.24 |
| 1.79 | HKL SP | HONGKONG LAND | 6434915 | 4.31 | 8,472 | 36,514.32 |
| 1.76 | VCX AU | VICINITY CENTRES | BY7QXS7 | 1.23 | 29,195 | 35,913.06 |
| 1.75 | MTH | MERITAGE HOMES CORP | 2601326 | 123.15 | 290 | 35,713.50 |
| 1.53 | AAON | AAON INC | 2268130 | 91.58 | 341 | 31,228.78 |
| 1.46 | KBH | KB HOME | 2485070 | 45.68 | 655 | 29,920.40 |
| 1.44 | 6845 JP | AZBIL CORP | 6985543 | 32.69 | 899 | 29,385.19 |
| 1.37 | COV FP | COVIVIO | 7745638 | 50.43 | 554 | 27,938.86 |
| 1.35 | LIGHT NA | SIGNIFY NV | BYY7VY5 | 27.27 | 1,010 | 27,547.62 |
| 1.28 | KRC | KILROY REALTY CORP | 2495529 | 27.87 | 937 | 26,114.19 |
| 1.22 | CUZ | COUSINS PROPERTIES INC | BJP0MF6 | 20.32 | 1,227 | 24,932.64 |
| 1.13 | 101 HK | HANG LUNG PROPERTIES LTD | 6030506 | 1.65 | 13,933 | 23,039.89 |
| 1.07 | MRL SM | MERLIN PROPERTIE | BNGNB77 | 8.65 | 2,536 | 21,936.63 |
| 1.05 | FLT SP | FRASERS LOGISTIC | BYYFHZ2 | 0.95 | 22,583 | 21,443.00 |
| 1.02 | 1972 HK | SWIRE PROPERTIES LTD | B67C2G0 | 2.46 | 8,460 | 20,790.14 |
| 0.94 | VNO | VORNADO REALTY TRUST | 2933632 | 14.21 | 1,346 | 19,126.66 |
| 0.88 | HIW | HIGHWOODS PROPERTIES INC | 2420640 | 21.28 | 842 | 17,917.76 |
| 0.88 | EQC | EQUITY COMMONWEALTH | BPH3N63 | 20.69 | 866 | 17,917.54 |
| 0.85 | 8955 JP | JAPAN PRIM REALT | 6528175 | 2,491.77 | 7 | 17,442.36 |
| 0.84 | SUN SP | SUNTEC REIT | B04PZ72 | 0.96 | 17,700 | 17,069.10 |
| 0.83 | DOOR | MASONITE INTERNA | BCZM468 | 94.76 | 178 | 16,867.28 |
| 0.80 | DEI | DOUGLAS EMMETT INC | B1G3M58 | 11.92 | 1,379 | 16,437.68 |
| 0.79 | 3466 JP | LASALLE LOGIPORT REIT | BDD1L29 | 1,154.95 | 14 | 16,169.27 |
| 0.76 | ICAD FP | ICADE | 4554406 | 41.92 | 369 | 15,466.69 |
| 0.75 | FABG SS | FABEGE AB | BFM6T36 | 7.68 | 2,009 | 15,419.27 |
| 0.75 | MHO | M/I HOMES INC | 2549385 | 73.02 | 209 | 15,261.18 |
| 0.71 | 3292 JP | AEON REIT INVESTMENT CORP | BFSSCF9 | 1,112.70 | 13 | 14,465.13 |
| 0.70 | 3471 JP | MITSUI FUDOSAN L | BYZWTW3 | 3,565.80 | 4 | 14,263.21 |
| 0.69 | FCT SP | FRASERS CENTREPOINT TRUST | B17NZ47 | 1.61 | 8,768 | 14,114.14 |
| 0.65 | JBGS | JBG SMITH PROPERTIES | BD3BX01 | 14.61 | 912 | 13,324.32 |
| 0.65 | COL SM | INMOBILIARIA COL | BD0PJ08 | 6.10 | 2,162 | 13,194.24 |
| 0.63 | 3234 JP | MORI HILLS INVES | B1GF9P3 | 1,066.16 | 12 | 12,793.93 |
| 0.57 | CTPNV NA | CTP NV | BLF7T27 | 13.32 | 876 | 11,669.23 |
| 0.54 | KREIT SP | KEPPEL REIT | B12RQH4 | 0.65 | 17,012 | 10,979.15 |
| 0.53 | ELME | ELME COMMUNITIES | 2942304 | 15.60 | 699 | 10,904.40 |
| 0.50 | CQR AU | CHARTER HALL RETAIL REIT | 6225595 | 2.47 | 4,093 | 10,123.82 |
| 0.47 | LIAB SS | LINDAB INTERNATIONAL AB | B1HP071 | 16.05 | 596 | 9,565.88 |
| 0.43 | FAN LN | VOLUTION GROUP PLC | BN3ZZ52 | 5.55 | 1,573 | 8,737.58 |
| 0.43 | CAI AV | CA IMMOBILIEN ANLAGEN AG | 5681046 | 28.42 | 307 | 8,725.71 |
| 0.41 | 8976 JP | DAIWA OFFICE INV | B0LNTF5 | 4,138.62 | 2 | 8,277.24 |
| 0.38 | 603515 C1 | OPPLE LIGHTING CO LTD-A | BYW5N56 | 2.85 | 2,700 | 7,690.10 |
| 0.36 | 81 HK | CHINA OVERSEAS G | 6803247 | 0.48 | 15,126 | 7,333.96 |
| 0.33 | 3487 JP | CRE LOGISTICS REIT INC | BFXZ9X2 | 1,346.13 | 5 | 6,730.63 |
| 0.33 | LREIT SP | LENDLEASE GLOBAL | BKBPXB5 | 0.50 | 13,524 | 6,721.62 |
| 0.33 | 2979 JP | SOSILA LOGISTICS REIT INC | BG0WNL9 | 954.46 | 7 | 6,681.23 |
| 0.32 | ESRT | EMPIRE STATE REA | BF321D7 | 6.25 | 1,055 | 6,593.75 |
| 0.32 | PGRE | PARAMOUNT GROUP INC | BSL7HC6 | 4.51 | 1,447 | 6,525.97 |
| 0.32 | CAV1V FH | CAVERION OYJ | BBP6J80 | 8.98 | 726 | 6,517.46 |
| 0.32 | ATRLJB SS | ATRIUM LJUNGBERG AB-B SHS | B1TJ338 | 17.46 | 373 | 6,513.00 |
| 0.32 | CLINT SP | CAPITALAND INDIA TRUST | B23DMQ9 | 0.79 | 8,183 | 6,434.46 |
| 0.31 | PDM | PIEDMONT OFFIC-A | B3M3278 | 6.47 | 986 | 6,379.42 |
| 0.31 | MERY FP | MERCIALYS | B0LMF87 | 8.32 | 756 | 6,288.11 |
| 0.29 | 3493 JP | ADVANCE LOGISTIC | BZ1KQN8 | 979.52 | 6 | 5,877.13 |
| 0.28 | 8968 JP | FUKUOKA REIT CORP | B0B8154 | 1,152.80 | 5 | 5,764.00 |
| 0.28 | CASH | 1.00 | 5,743 | 5,742.56 | ||
| 0.27 | BDN | BRANDYWINE REALTY TRUST | 2518954 | 4.11 | 1,337 | 5,495.07 |
| 0.27 | HPP | HUDSON PACIFIC P | B64B9P8 | 4.97 | 1,094 | 5,437.18 |
| 0.20 | 2777 HK | GUANGZHOU R&F -H | B19H8Y8 | 0.16 | 25,200 | 4,115.68 |
| 0.16 | FSP | FRANKLIN STREET | B02T2D1 | 1.50 | 2,177 | 3,265.50 |
| 0.10 | BROF11 BZ | BRPR CORPORATE OFFICES FI | BMFDJ44 | 14.30 | 144 | 2,059.84 |
| 0.08 | EURO | 1.07 | 1,553 | 1,665.13 | ||
| 0.00 | SWEDISH KRONE | 0.00 | 0 | 0.00 |
| Sector | Weight (%) | |
|---|---|---|
| Real Estate | 59.4 | |
| Industrials | 32.9 | |
| Consumer Discretionary | 6.5 | |
| Information Technology | 1.2 |
Source: AltaVista Research, LLC
| Country | Weight (%) | |
|---|---|---|
| United States | 31.0 | |
| Japan | 10.9 | |
| Australia | 8.4 | |
| Ireland | 8.3 | |
| France | 8.0 | |
| Britain | 7.2 | |
| Finland | 5.0 | |
| Netherlands | 4.4 | |
| Singapore | 3.8 | |
| Switzerland | 3.5 | |
| Hong Kong | 2.7 | |
| Other/Cash | 6.8 |
Source: AltaVista Research, LLC
| Return on Equity | 6.60% | |
| Weighted Avg. Market Cap | 6,285 M | |
| 2022 | 2023 | |
| Price-to-earnings | 13.62 | 13.51 |
| Price-to-book value | 0.89 | 0.88 |
Source: AltaVista Research, LLC
| Versus | Beta |
|---|---|
| S&P 500 | 0.88 |
| NASDAQ-100 | 0.53 |
| MSCI EAFE | 1.05 |
| MSCI Emg. Mkts | 0.82 |
| Standard Deviation | 24.20% |
Source: AltaVista Research, LLC
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.