Global X Solar ETF (RAYS)
- Previous Close
11.43 - Open
11.89 - Bid 8.50 x 100
- Ask 14.95 x 100
- Day's Range
11.62 - 11.99 - 52 Week Range
9.27 - 13.63 - Volume
12,153 - Avg. Volume
8,162 - Net Assets 7.3M
- NAV 11.44
- PE Ratio (TTM) 18.00
- Yield 0.30%
- YTD Daily Total Return -13.50%
- Beta (5Y Monthly) 0.00
- Expense Ratio (net) 0.50%
The fund invests at least 80% of its total assets, plus borrowings for investments purposes (if any), in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is designed to provide exposure to companies that are positioned to benefit from further advances in the field of solar technology. The fund is non-diversified.
Global X Funds
Fund Family
Miscellaneous Sector
Fund Category
7.3M
Net Assets
2021-09-08
Inception Date
Performance Overview: RAYS
View MoreTrailing returns as of 9/30/2024. Category is Miscellaneous Sector.
People Also Watch
Holdings: RAYS
View MoreTop 9 Holdings (59.57% of Total Assets)
Sector Weightings
Recent News: RAYS
View MoreResearch Reports: RAYS
View MoreManulife Earnings: Solid Growth in Asia and Canada Business
Manulife Financial provides life insurance, annuities, and asset management products to individuals and group customers in Canada, the United States, and Asia. Its investment management business contributes approximately 20% of its earnings and has around CAD 1.05 trillion in assets under management and administration as of the end of 2023. The US business, which primarily operates under the John Hancock brand, contributes about 27% of earnings and is mainly focused on providing insurance products for estate, business, and income protection. The Asia segment provides insurance products and insurance-based wealth accumulation products in over 11 countries and contributes around 30% of earnings. The Canadian business segment contributes approximately 23% of earnings.
RatingPrice TargetMetLife Earnings: Rebound in Group Benefits Underwriting Margin Delivers a Strong Quarter
MetLife is one of the largest life insurers in the US by assets and provides a variety of insurance and financial services products. The company is organized into five segments: US, Asia, Latin America, EMEA, and MetLife Holdings. The U.S. business contributes around 50% of earnings and is broken into the group benefits segment and the retirement solutions segment. The Asia segment contributes around 22% of earnings and is mainly composed of the Japan business with increasing contributions from India, China, and Bangladesh. The company also holds leading market positions in Mexico and Chile with the Latin America segment contributing around 13% of earnings. The EMEA and the MetLife segments contribute around 4% and 11% of earnings, respectively.
RatingPrice TargetCorporate Action: Vote in Favor of Newmont’s Purchase of Newcrest via Scheme of Arrangement
Newmont is the world's largest gold miner, producing about 6 million attributable ounces of gold in 2022, good for about 5% of global mined output. The company also produced 1.3 million attributable gold equivalent ounces from the sale of byproducts, including copper, silver, zinc, and lead in 2022. It had about two decades of gold reserves along with significant byproduct reserves at end 2022. After buying Goldcorp in 2019 and combining its Nevada mines in a joint venture with competitor Barrick later that year, Newmont’s portfolio includes 12 wholly owned mines and interests in two joint ventures in the Americas, Africa, and Australia.
RatingPrice TargetLowering target price to $157.00
PTC INC has an Investment Rating of BUY; a target price of $157.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.
RatingPrice Target