Reasons to Consider RAYS

High Growth Potential

The clean energy transition is well underway. Forecasts suggest that global solar power capacity could more than triple between 2024 and 2030¹

Advancing Clean Technologies

Solar is the most abundant energy resource on earth.² Increased solar adoption could help minimize the adverse environmental impacts of fossil fuel consumption.

Unconstrained Approach

Solar energy is a dynamic theme, supporting a long-term structural shift in worldwide energy use. RAYS invests accordingly, with global exposure across multiple sectors and industries.

¹International Energy Agency (IEA), Oct 2024
²National Renewable Energy Laboratory

Key Information

As of Apr 30 2025

Inception Date

09/08/21

Total Expense Ratio

0.50%

Net Assets

$3.94 million

NAV

$7.88

Fact Sheet

Key Information

ETF Summary

The Global X Solar ETF (RAYS) seeks to invest in companies positioned to benefit from the advancement of the global solar technology industry. This includes companies involved in solar power production; the integration of solar into energy systems; and the development/manufacturing of solar-powered generators, engines, batteries, and other technologies related to the utilization of solar as an energy source.

ETF Objective

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

Trading Details

As of Apr 29 2025

Ticker

RAYS

Bloomberg Index Ticker

SOLRAYS

CUSIP

37960A701

ISIN

US37960A7019

Primary Exchange

Nasdaq

Shares Outstanding

500,000

Number of Holdings

30-Day Median Bid-Ask Spread

0.65%

Trading Details

Distributions

As of Apr 30 2025

30-Day SEC Yield

0.93%

Distribution Frequency

Semi-Annually

Distributions

ETF Prices

As of Apr 30 2025

NAV	$7.88	Daily Change	-$0.20	-2.48%
Market Price	$7.79	Daily Change	-$0.24	-2.99%

ETF Prices

NAV		Daily Change
Market Price		Daily Change

Performance History

As of recent(Mar 31 2025)	Fund NAV	Market Price	Index
1 Year	-26.59%	-29.43%	-26.30%
3 Years	-26.08%	-26.94%	-25.73%
Since Inception	-25.15%	-25.92%	-24.79%

Performance History

	Fund NAV	Market Price	Index

Top Holdings

As of Apr 30 2025

Net Assets (%)	Ticker	Name	SEDOL	Market Price ($)	Shares Held	Market Value ($)
10.65	605117 C1	NINGBO DEYE TE-A	BP91NG5	11.85	35,420	419,788.26
8.16	ENPH	ENPHASE ENERGY INC	B65SQW4	44.59	7,211	321,538.49
8.01	601012 C1	LONGI GREEN EN-A	BRTL411	2.02	156,260	315,820.00
7.59	FSLR	FIRST SOLAR INC	B1HMF22	125.82	2,377	299,074.14
7.58	300274 C2	SUNGROW POWER -A	BD5CGB4	8.33	35,840	298,617.39
6.53	NXT	NEXTRACKER INC-CL A	BR1GTS6	40.61	6,338	257,386.18
4.07	009830 KS	HANWHA SOLUTIONS CORP	6407768	21.03	7,620	160,279.99
3.88	002129 C2	TCL ZHONGHUAN -A	BD5CMT4	1.05	145,100	152,816.64
3.17	RUN	SUNRUN INC	BYXB1Y8	6.89	18,133	124,936.37
2.93	300724 C2	SHENZHEN SC NE-A	BKDQ8D3	7.55	15,300	115,572.51