Wind Energy ETF

Reasons to Consider WNDY

High Growth Potential

Forecasts suggest the global market for wind energy could reach $127bn by 2027, double the market size in 2019.1

Advancing Clean Technologies

Wind-powered turbines produce zero direct emissions, meaning broader adoption could result in reduced greenhouse gas emissions and improved air quality.2

Conscious Approach

WNDY incorporates Environmental, Social & Governance (ESG) screens and follows ESG proxy voting guidelines to affect positive change alongside financial returns.

1Research and Markets, Mar 2021
2Global Wind Energy Council

Key Information As of 06/05/23

Inception Date 09/08/21
Total Expense Ratio 0.50%
Net Assets $5.31 million
NAV $16.59
Fact Sheet

ETF Summary

The Global X Wind Energy ETF (WNDY) seeks to invest in companies positioned to benefit from the advancement of the global wind energy industry. This includes companies involved in wind energy technology production; the integration of wind into energy systems; and the development/manufacturing of turbines that harness energy from wind and convert it into electrical power.

ETF Objective

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

Trading Details As of 06/02/23

Ticker WNDY
Bloomberg Index Ticker SOLWNDY
CUSIP 37960A800
ISIN US37960A8009
Primary Exchange Nasdaq
Shares Outstanding 320,000
Number of Holdings 29
30-Day Median Bid-Ask Spread 0.35%

Distributions As of 06/05/23

30-Day SEC Yield 0.86%
Distribution Frequency Semi-Annually

ETF Prices As of 06/05/23

NAV $16.59 Daily Change -$0.13 -0.78%
Market Price $16.56 Daily Change -$0.12 -0.72%

Performance History

As of recent
As of recent
Fund NAV Market Price Index
1 Year -18.34% -18.47% -17.96%
Since Inception -19.79% -20.09% -19.41%
1 Year -17.30% -17.34% -16.96%
Since Inception -21.23% -21.34% -20.87%
Year-to-Date -2.89% -3.02% -2.78%
1 Month -0.80% -0.74% -0.77%
3 Months -2.89% -3.02% -2.78%
Since Inception -29.09% -29.50% -28.56%
Year-to-Date -9.28% -9.10% -9.14%
1 Month -2.91% -2.92% -2.89%
3 Months -7.33% -6.97% -7.26%
Since Inception -33.76% -33.92% -33.23%

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 06/05/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
11.94 VWS DC VESTAS WIND SYSTEMS A/S BN4MYF5 29.38 21,568 633,696.09
11.62 ORSTED DC ORSTED A/S BYT16L4 87.81 7,024 616,799.61
11.45 NPI CN NORTHLAND POWER INC B68XHC3 21.80 27,892 608,058.26
8.22 601615 C1 MING YANG SMAR-A BK94864 2.51 174,100 436,390.51
4.80 916 HK CHINA LONGYUAN-H B4Q2TX3 1.15 222,400 254,829.79
4.61 ANE SM CORP ACCIONA ENE BP7L895 34.41 7,107 244,517.71
4.54 BLX CN BORALEX INC -A 2099084 28.60 8,433 241,211.86
4.07 601016 C1 CECEP WIND POWER CORP-A BZ0D1V1 0.54 402,260 215,899.63
3.72 002531 C2 TITAN WIND-A BD5LXS7 2.22 89,000 197,573.54
3.72 NDX1 GR NORDEX SE B06CF71 12.53 15,740 197,260.01
3.42 INE CN INNERGEX RENEWABLE ENERGY B29TNV3 10.45 17,380 181,619.74
3.21 112610 KS CS WIND CORP BSPBZK8 63.52 2,679 170,183.01
3.18 002487 C2 DAJIN HEAVY IN-A BQ3RQ89 4.69 35,950 168,704.64
2.93 RNW RENEW ENERGY GLOBAL PLC-A BNQMPN8 5.25 29,653 155,678.25
2.70 TENERGY GA TERNA ENERGY SA B28XVV2 21.66 6,617 143,314.70
2.48 300443 C2 JINLEI TECHNOL-A BD5LWD5 5.48 24,050 131,682.23
1.91 1798 HK CHINA DATANG C-H B4YX1N2 0.36 283,100 101,504.49
1.67 MEGA3 BZ OMEGA ENERGIA SA BLGSDH2 2.02 43,842 88,514.83
1.55 OX2 SS OX2 AB BMD2JW1 6.56 12,528 82,212.36
1.43 9958 TT CENTURY IRON B1LJ5C9 3.57 21,300 75,998.31
1.12 300772 C2 ZHEJIANG WINDEY CO LTD-A BK71748 1.88 31,600 59,272.06
1.07 TPIC TPI COMPOSITES INC BYYGK12 11.46 4,975 57,013.50
1.06 300569 C2 QINGDAO TIANNE-A BQ3RQD4 1.24 45,700 56,504.18
1.02 PNE3 GR PNE AG B0QCZ26 15.10 3,601 54,386.45
0.88 301155 C2 JIANGSU HAILI -A BLC7TJ7 11.34 4,100 46,499.33
0.65 603693 C1 JIANGSU NEW ENER BJFD6S6 1.92 17,800 34,237.74
0.35 GWIND TI GALATA WIND ENERJI AS BM9KXQ1 0.87 21,108 18,386.96
0.33 297090 KS CS BEARING CO LTD BK21KS8 9.12 1,924 17,546.40
0.29 AERI3 BZ AERIS INDUSTRIA BMXWTH6 0.31 50,168 15,386.61
0.08 CASH 1.00 4,115 4,115.47
0.00 EURO 1.00 0 0.02
Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 04/30/23

Sector Weight (%)
Utilities 52.1
Industrials 46.9
Materials 1.0

Source: AltaVista Research, LLC

Country Breakdown As of 04/30/23

Country Weight (%)
China 33.0
Denmark 28.9
Canada 18.2
Spain 4.2
Germany 3.7
Brazil 2.4
Greece 2.3
South Korea 2.2
India 1.6
Sweden 1.5
Taiwan 1.0
Other/Cash 1.0

Source: AltaVista Research, LLC

ETF Characteristics As of 06/02/23

Return on Equity 9.20%
Weighted Avg. Market Cap 7,225 M
2022 2023
Price-to-earnings 44.74 26.30
Price-to-book value 2.48 2.34

Source: AltaVista Research, LLC

ETF Risk Stats As of 05/31/23

Versus Beta
S&P 500 0.76
NASDAQ-100 0.50
MSCI Emg. Mkts 0.87
Standard Deviation 25.00%

Source: AltaVista Research, LLC

ETF Research

Investing involves risk, including the possible loss of principal. The investable universe of companies in which WNDY may invest may be limited. Narrowly focused investments will be more susceptible to factors affecting that sector and subject to more volatility. Wind energy companies may be highly dependent upon government subsidies, contracts with government entities, and the successful development of new and proprietary technologies. Seasonal weather conditions, fluctuations in the supply of and demand for energy products, changes in energy prices, and international political events may cause fluctuations in the performance of such companies. 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. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. WNDY 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.

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.

Back to Top