Global X
RAYZ
IE000XD7KCJ7
Solar UCITS ETF
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About this ETF

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.

TER
0.5%

Total Expense Ratio per year

Fund Size
€8.52M

Assets under management

Holdings
47

Underlying equities

Dividend Yield
-

Accumulating

Fundamentals & Estimates

Weighted valuation multiples and analyst forecasts

Valuation Multiples
Weighted P/E
16.12
Weighted Fwd P/E
13.94
💰 Revenue Estimates
Current Year CY
+14.3% ⌀ 12 Analysts Coverage
Next Year NY
+16.21% ⌀ 13 Analysts Coverage
📈 EPS Estimates (Earnings Per Share)
Current Year CY
+64.64% ⌀ 9 Analysts Coverage
Next Year NY
+70.76% ⌀ 10 Analysts Coverage

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ETF Profile
Provider
Global X
 Global X
Fund Type
ETF
Type
Passive
Inception Date
02/15/2022 (4 yrs)
Index Group
Solactive Solar
Index
Solactive Solar
Region
World
Country
-
Sector
-
Strategy
Social / Environmental
Theme
Clean_Energy
Distribution Policy
Accumulating
Replication
Full replication
Sustainable
Yes

🛡️ Risk & Structural Analysis

Multi-Factor Risk Model & Market Data

—
49/100 Moderate
Diversification Score
49/100 Moderate
3Y Volatility
-
Max Drawdown (3Y)
-
Sharpe Ratio (3Y)
-
Notes & Warnings
Fund Volume (AUM) ⚠️ Fund closure risk (< 50M € AUM)
⚠️ Fund closure risk (< 50M € AUM)
🟡 Moderate analyst coverage (9.1 analysts)
⚠️ Elevated top 10 holdings concentration: 55% of fund in top 10 positions.
🔴 Severe sector concentration risk: 62% in "Technology".
⚠️ Industry concentration: 49% in "Solar".
⚠️ Elevated Interest Rate Sensitivity: 56% in rate-sensitive or leverage-heavy industries (real estate, banks, utilities).
ℹ️ Tech-Capex Exposure: 87% in semiconductors & hardware – dependent on hyperscaler capex cycles.
⚠️ Elevated Regulatory & Policy Risk: 56% in heavily regulated industries (defense, regulated utilities, healthcare policy).
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