Global X Solar ETF
$RAYS · Global X · tracks Solactive Solar Index · since 2021
Dividend yield
0.64%
Expense ratio
0.50%
Assets
$0.0B
Weighted P/E
18.4x
About RAYS
Holds companies across the solar value chain: panel manufacturers, inverters, project developers, and installers. RAYS offers pure-play exposure to the solar energy transition.
Sector exposure
- Technology48.6%
- Industrials32.4%
- Utilities14.8%
- Other4.2%
How StockWorthy analyses RAYS
ETFs hold companies rather than generating cash flow themselves, so RAYS is assessed on cost, income and the valuation of what it owns: the expense ratio, the current yield against its own 0.60% long-run average, and a holdings-weighted P/E and growth rate built from the underlying positions. Figures are educational and not investment advice.
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