CTEC vs. ETEC ETF Comparison

Comparison of Global X CleanTech ETF (CTEC) to iShares Breakthrough Environmental Solutions ETF (ETEC)

CTEC

Global X CleanTech ETF

CTEC Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global CleanTech Index. The fund invests at least 80% of its total assets, plus borrowings for investments purposes, in the securities of the index and in ADRs, GDRs based on the securities in the index. The index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of technologies focused on improving the efficiency of renewable energy production and/or mitigating the adverse environmental effects of resource consumption. It is non-diversified.

Grade (RS Rating)

Last Trade

$8.16

Average Daily Volume

14,977

Number of Holdings ^*

16

* may have additional holdings in another (foreign) market

ETEC

iShares Breakthrough Environmental Solutions ETF

ETEC Description

ETEC provides exposure to global equities categorized as emerging green technology. Selection begins with the initial index universe that then excludes companies involved in controversial issues against UNGC principles. Stocks are reviewed to meet revenue derived from eight sustainable themes: energy efficiency, green buildings and transportation, pollution prevention and reduction, renewable energy, resource efficiency technologies and services, water, and sustainable agriculture, food, and forestry. The fund excludes companies with total sustainable product revenue less than 25%. The remaining stocks are screened further to only include companies classified as green technologies. Stocks are scored within the Rogers innovation adoption curve to determine their position across the innovators-laggards spectrum, which contributes to an aggregate score. The top 50 companies with the highest aggregate scores are selected. The market cap-weighted index is reconstituted annually in December and rebalanced quarterly.

Grade (RS Rating)

Last Trade

$20.97

Average Daily Volume

748

Number of Holdings ^*

12

* may have additional holdings in another (foreign) market

Performance

Period	CTEC	ETEC
30 Days	-16.73%	-5.22%
60 Days	-10.74%	-5.65%
90 Days	-11.42%	-0.09%
12 Months	-41.53%	-13.48%

4 Overlapping Holdings

	Symbol	Grade	Weight in CTEC	Weight in ETEC	Overlap
	DQ	F	1.69%	1.03%	1.03%
	ENPH	F	5.61%	2.77%	2.77%
	FSLR	C	10.78%	2.98%	2.98%
	SEDG	F	1.73%	1.09%	1.09%

CTEC Overweight 12 Positions Relative to ETEC

	Symbol	Grade	Weight
	BE	D	4.34%
	FLNC	F	3.58%
	QS	F	3.27%
	PLUG	F	2.48%
	ARRY	F	2.36%
	JKS	D	1.63%
	SHLS	F	1.62%
	AMRC	F	1.55%
	CSIQ	F	1.47%
	SPWR	F	0.78%
	FCEL	F	0.42%
	STEM	F	0.26%

CTEC Underweight 8 Positions Relative to ETEC

	Symbol	Grade	Weight
	OLED	A	-6.24%
	BWA	F	-5.72%
	TSLA	B	-4.91%
	NIO	F	-3.08%
	XPEV	F	-3.07%
	LI	F	-3.02%
	XYL	D	-2.93%
	LCID	D	-1.44%

CTEC: Top Represented Industries & Keywords

Industries: Solar Semiconductor Equipment & Materials Utilities - Independent Power Producers Auto Parts Electronic Components Engineering & Construction Software - Infrastructure Utilities - Renewable

Keywords: Photovoltaics Energy Conversion Photovoltaic System Solar Power Electricity Renewable Energy Solar Panel Alternative Energy Inverters Solar Energy Fuel Cell Solar Modules Systems Integrator Biogas Electric Utilities Energy Development Energy Projects Energy Storage Fuel Cell Systems Hydrogen

ETEC: Top Represented Industries & Keywords

Industries: Auto Manufacturers Semiconductor Equipment & Materials Solar Auto Parts Diversified Industrials

Keywords: Electric Vehicle S&P 500 Transport Cars Motor Vehicles Photovoltaics Nasdaq 100 Photovoltaic System Solar Power Automotive Manufacturers Electromagnetism Inverter Systems Inverters Power Systems Powertrain Renewable Energy Solar Panel Solar Power Systems Sport Utility Vehicle Actuator