Global X Solar UCITS ETF USD Accumulating

ISIN IE000XD7KCJ7

 | 

Ticker RAYG

TER
0.50% p.a.
Distribution policy
Accumulating
Replication
Full replication
Fund size
3 m
Holdings
37
 

Overview

Description

The Global X Solar UCITS ETF USD Accumulating seeks to track the Solactive Solar index. The Solactive Solar index tracks companies worldwide that have business operations in the provision of solar energy.
 
The ETF's TER (total expense ratio) amounts to 0.50% p.a.. The Global X Solar UCITS ETF USD Accumulating is the only ETF that tracks the Solactive Solar index. The ETF replicates the performance of the underlying index by full replication (buying all the index constituents). The dividends in the ETF are accumulated and reinvested in the ETF.
 
The Global X Solar UCITS ETF USD Accumulating is a very small ETF with 3m GBP assets under management. The ETF was launched on 15 February 2022 and is domiciled in Ireland.
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Chart

Basics

Data

Fund size
GBP 3 m
Total expense ratio
0.50% p.a.
Replication Physical (Full replication)
Legal structure ETF
Strategy risk Long-only
Fund currency USD
Currency risk Currency unhedged
Volatility 1 year (in GBP)
26.40%
Inception/ Listing Date 15 February 2022
Distribution policy Accumulating
Distribution frequency -
Fund domicile Ireland
Fund Provider Global X
Germany 30% tax rebate
Switzerland ESTV Reporting
Austria Tax Reporting Fund
UK UK Reporting
Indextype Total return index
Swap counterparty -
Collateral manager
Securities lending No
Securities lending counterparty

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How do you like our new ETF profile? Here you'll find our Questionnaire.

Holdings

Below you find information about the composition of the Global X Solar UCITS ETF USD Accumulating.

Countries

China
46.77%
United States
28.60%
Germany
3.23%
South Korea
3.00%
Other
18.40%
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Sectors

Technology
51.98%
Industrials
25.24%
Utilities
6.18%
Basic Materials
2.71%
Other
13.89%
As of 25/01/2024

Performance

Returns overview

YTD -9.90%
1 month +3.06%
3 months -6.41%
6 months -14.95%
1 year -41.19%
3 years -
5 years -
Since inception (MAX) -33.22%
2023 -37.12%
2022 -
2021 -
2020 -

Monthly returns in a heat map

Risk

Risk metrics in this section:
 
  • Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
  • Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
  • Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
ETF returns include dividend payments (if applicable).
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Risk overview

Volatility 1 year 26.40%
Volatility 3 years -
Volatility 5 years -
Return per risk 1 year -1.56
Return per risk 3 years -
Return per risk 5 years -
Maximum drawdown 1 year -49.63%
Maximum drawdown 3 years -
Maximum drawdown 5 years -
Maximum drawdown since inception -60.19%

Rolling 1 year volatility

Stock exchange

Listings

Listing Trade Currency Ticker Bloomberg /
iNAV Bloomberg Code
Reuters RIC /
iNAV Reuters
Market Maker
gettex EUR RA7Z -
-
-
-
-
Borsa Italiana EUR RAYZ RAYZ IM
RAYZEU.IV
RAYZ .MI
Borsa Italiana EUR -
RAYZEUIV
RAYZ.MI
GHCO/Virtu
London Stock Exchange GBP RAYG RAYG LN
RAYZGBIV
RAYG.L
GHCO/Virtu
London Stock Exchange USD RAYZ RAYZ LN
RAYZUSIV
RAYZ.L
RAYZiv.P
GHCO/Virtu
SIX Swiss Exchange CHF RAYZ
RAYZCHIV
RAYZ.S
GHCO/Virtu
XETRA EUR RA7Z
RAYZEUIV
RAYZ.DE
GHCO/Virtu

Further information

Further ETFs with similar investment focus

Fund name Fund Size in m € (AuM) TER
in % p.a.
Distribution policy Replication method
iShares Global Clean Energy UCITS ETF USD (Dist) 2,893 0.65% p.a. Distributing Full replication
Amundi MSCI New Energy ESG Screened UCITS ETF Dist 745 0.60% p.a. Distributing Full replication
L&G Clean Energy UCITS ETF 188 0.49% p.a. Accumulating Full replication
Invesco Solar Energy UCITS ETF Acc 59 0.69% p.a. Accumulating Full replication
Invesco Global Clean Energy UCITS ETF Acc 38 0.60% p.a. Accumulating Full replication

Frequently asked questions

What is the name of RAYG?

The name of RAYG is Global X Solar UCITS ETF USD Accumulating.

What is the ticker of Global X Solar UCITS ETF USD Accumulating?

The primary ticker of Global X Solar UCITS ETF USD Accumulating is RAYG.

What is the ISIN of Global X Solar UCITS ETF USD Accumulating?

The ISIN of Global X Solar UCITS ETF USD Accumulating is IE000XD7KCJ7.

What are the costs of Global X Solar UCITS ETF USD Accumulating?

The total expense ratio (TER) of Global X Solar UCITS ETF USD Accumulating amounts to 0.50% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.

Is Global X Solar UCITS ETF USD Accumulating paying dividends?

Global X Solar UCITS ETF USD Accumulating is an accumulating ETF. This means that dividends are not distributed to investors. Instead, dividends are reinvested in the fund on the ex-date, which leads to an increase of the ETF's share price.

What's the fund size of Global X Solar UCITS ETF USD Accumulating?

The fund size of Global X Solar UCITS ETF USD Accumulating is 3m GBP. See the following article for more information about the size of ETFs.

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— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH.

Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.