RAYS vs. VCLN ETF Comparison

Comparison of Global X Solar ETF (RAYS) to Virtus Duff & Phelps Clean Energy ETF (VCLN)

RAYS

Global X Solar ETF

RAYS Description

The Global X Solar ETF seeks to invest in companies positioned to benefit from the advancement of the global solar technology industry. This includes companies involved in solar power production; the integration of solar into energy systems; and the development/manufacturing of solar-powered generators, engines, batteries, and other technologies related to the utilization of solar as an energy source.

Grade (RS Rating)

Last Trade

$10.91

Average Daily Volume

5,518

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VCLN

Virtus Duff & Phelps Clean Energy ETF

VCLN Description

The investment seeks capital appreciation. Under normal market conditions, the fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of clean energy companies. The sub-adviser defines clean energy companies as those that derive at least 50% of their value from one or more of the following clean energy businesses: (a) the production of clean energy; (b) the provision of clean energy technology and equipment; or (c) the transmission and distribution of clean energy. It is non-diversified.

Grade (RS Rating)

Last Trade

$18.14

Average Daily Volume

138

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RAYS	VCLN
30 Days	-8.09%	-7.65%
60 Days	7.81%	-4.24%
90 Days	9.54%	0.23%
12 Months	-4.42%	17.78%

4 Overlapping Holdings

Symbol	Grade	Weight in RAYS	Weight in VCLN	Overlap
ENPH	F	6.07%	5.59%	5.59%
FSLR	C	8.5%	7.86%	7.86%
RUN	C	3.43%	2.02%	2.02%
SEDG	F	1.23%	0.5%	0.5%

RAYS Overweight 6 Positions Relative to VCLN

Symbol	Grade	Weight
AY	A	1.59%
SHLS	F	1.34%
ARRY	D	1.29%
NOVA	F	0.81%
CSIQ	D	0.68%
AMPS	C	0.41%

RAYS Underweight 18 Positions Relative to VCLN

Symbol	Grade	Weight
NEE	D	-2.52%
CWEN	C	-2.32%
AES	F	-2.07%
AGX	A	-1.84%
FLNC	B	-1.82%
DTM	A	-1.81%
ED	C	-1.7%
BE	D	-1.67%
LNG	A	-1.55%
GEV	A	-1.55%
ABBV	A	-1.49%
MP	B	-1.31%
SO	C	-1.19%
XYL	F	-1.04%
CEG	B	-1.01%
NVT	D	-0.56%
PLUG	C	-0.54%
HUBB	B	-0.52%