RAYS

Solar ETF

Reasons to Consider RAYS

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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

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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.

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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

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 May 29 2025
Ticker
RAYS
Bloomberg Index Ticker
SOLRAYS
CUSIP
37960A701
ISIN
US37960A7019
Primary Exchange
Nasdaq
Shares Outstanding
500,000
Number of Holdings
51
30-Day Median Bid-Ask Spread
0.56%
Distributions

ETF Prices

As of May 30 2025
NAV$8.35Daily Change$0.040.48%
Market Price$8.33Daily Change$0.101.22%

Performance History

Fund NAVMarket PriceIndex

Top Holdings

Net Assets (%)TickerNameSEDOLShares HeldMarket Value

Exposure

As of Apr 30 2025
SectorWeight (%)
Information Technology47.4
Industrials28.5
Consumer Discretionary11.8
Materials7.5
Utilities3.1
Real Estate1.7

Source: AltaVista Research, LLC

All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.

ETF Characteristics

As of May 30 2025
Return on Equity8.40%
Weighted Avg. Market Cap6,709 M
20242025
Price-to-earnings59.5017.35
Price-to-book value1.511.41

ETF Risk Stats

As of Apr 30 2025
VERSUSBETA
S&P 5000.89
NASDAQ-1000.62
MSCI EAFE1.12
MSCI Emg. Mkts1.07
Standard Deviation34.00%

ETF Research

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ETF Documents

Prospectus & Regulatory Information

* The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.

** The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.