Fund Overlap
See which holdings any two equity ETFs have in common, along with top differences in exposure.
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18
Number of overlapping holdings
36.0%
% of RAYS's 50 holdings also in FRNW
36.0%
% of FRNW's 65 holdings also in RAYS
Overlap by Weight
Sector Drift (RAYS minus FRNW)
Overlapping Holdings
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| Company | Weight in RAYS |
Weight in FRNW |
Overlap | |
|---|---|---|---|---|
 |
ENPHASE ENERGY INC | 10.5% | 5.0% | 5.0% |
|
FIRST SOLAR INC | 10.1% | 4.2% | 4.2% |
|
NEXTRACKER, INC. CLASS A | 2.5% | 2.9% | 2.5% |
 |
XINYI SOLAR HOLDINGS LTD | 3.3% | 2.4% | 2.4% |
|
SOLAREDGE TECHNOLOGIES, INC. | 3.6% | 2.3% | 2.3% |
Position Highlights (Non-Overlapping Exposures)
RAYS Overweight Relative to FRNW
|
SUNGROW POWER SUPPLY CO., LTD. CLASS | 9.9% |
|
XI'AN LONGI SILICON MATERIALS CO., L | 6.9% |
|
FIRST SOLAR INC | 5.9% |
|
ENPHASE ENERGY INC | 5.5% |
|
NINGBO DEYE TECHNOLOGY CO., LTD. CLA | 4.9% |
|
JA SOLAR TECHNOLOGY CO., LTD. CLASS | 3.5% |
|
SHENZHEN S.C NEW ENERGY TECHNOLOGY C | 2.7% |
|
SHANGHAI AIKO SOLAR ENERGY CO., LTD. | 2.7% |
|
HANGZHOU FIRST PV MATERIAL CO LTD CL | 2.6% |
|
GINLONG TECHNOLOGIES CO., LTD. CLASS | 2.5% |
RAYS Underweight Relative to FRNW
 |
VESTAS WIND SYSTEMS A/S | -4.8% |
|
DONG ENERGY A/S | -4.0% |
 |
MERIDIAN ENERGY LTD | -2.9% |
 |
NORTHLAND POWER INC | -2.7% |
 |
VERBUND AG | -2.4% |
|
ORMAT TECHNOLOGIES INC | -2.4% |
|
BROOKFIELD RENEWABLE CORPORATION CLA | -2.3% |
 |
DRAX GROUP PLC | -2.3% |
 |
EDP RENOVAVEIS SA | -2.2% |
|
CHINA LONGYUAN POWER GROUP-H | -2.1% |