RAYS
Global X Solar ETF
RAYS tracks a market-cap-weighted index of global solar energy companies selected based on their revenue generated from solar-related business, and ESG criteria.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 1.1 B
ASSETS UNDER MGMT
51 bp
EXPENSES
Fund Basics
| Inception date | Sep 08, 2021 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Semi-annual |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
Constituent Breakdown
| Number of holdings | 0 |
| Herfindahl-Hirschman Index | 0 |
| Wgt avg mkt cap (mns) | $0 |
| Large cap (>$10bn) | 24.8% |
| Mid cap ($2-10bn) | 51.2% |
| Small cap (<$2bn) | 21.1% |
| Developed mkts. | 0.0% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
Historical Performance
Standardized Performance (as of 07/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 1.3% | -12.1% | -28.1% | -28.5% | -- | -- | -- | -22.4% |
| Dividend Yield | 0.0% | 0.0% | 0.1% | 0.1% | -- | -- | -- | 0.1% |
| Total Returns | 1.3% | -12.1% | -27.9% | -28.4% | -- | -- | -- | -22.4% | Ann. Volatility | 36.1% | 40.2% | 38.1% | 36.0% | -- | -- | -- | 37.6% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.18 | 33% |
| MSCI EAFE | 1.29 | 44% |
| MSCI Emg Mkts | 1.15 | 38% |
Liquidity Measures
| Avg. volume (000) | 11 |
| ADV traded (mns) | $25 |
| Turnover | 2.2% |
| Avg. Bid/Ask (% of price) | 0.41% |
Technical Indicators
| 30d moving avg. (EMA) | $9.39 |
| Relative strength (RSI) | 61 |
| MACD/Signal | 0.00/0.00 |
| Bollinger Bands (Upper/Lower) | $0.00/$0.00 |
| Short interest (% of AUM) | 1.2% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. RAYS |
Expenses vs. RAYS |
ALTAR Score™ vs. RAYS |
|---|
Risk and Returns: RAYS vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | ||||
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 5/3/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
0.0%
ALTAR SCORE™
PERCENTILE
ETFRC RATING
There are 0 funds in the Equity category with an average
ALTAR Score™ of 0.0% and a standard deviation
of 0.0%. RAYS's ALTAR Score™ is approximately 0.0 standard
deviations above the category average. This places RAYS in the percentile
among funds in the category.
Sell-Side Consensus
$
PRICE TARGET
-100.0%
UPSIDE