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Morningstar

Global X CleanTech ETF CTEC

Morningstar Medalist Rating
Medalist Rating as of | See Global X Investment Hub

Morningstar’s Analysis CTEC

Will CTEC outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CTEC’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the CTEC management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of CTEC’s parent organization’s priorities and whether they’re in line with investors’ interests.

Despite People Pillar weakness and an Average Process Pillar, Global X CleanTech ETF gets enough right to retain its Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings CTEC

More CTEC Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 54.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

First Solar Inc

7.45 3.4 Mil
Technology

Xinyi Solar Holdings Ltd

6.71 3.0 Mil
Technology

Samsung SDI Co Ltd

6.05 2.7 Mil
Technology

Vestas Wind Systems A/S

5.87 2.6 Mil
Industrials

Enphase Energy Inc

5.80 2.6 Mil
Technology

Johnson Matthey PLC

5.16 2.3 Mil
Basic Materials

NEXTracker Inc Ordinary Shares - Class A

5.07 2.3 Mil
Technology

Nordex SE Akt. nach Kapitalherabsetzung

4.48 2.0 Mil
Industrials

SolarEdge Technologies Inc

4.00 1.8 Mil
Technology

Simplo Technology Co Ltd

3.53 1.6 Mil
Industrials