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

$10.98

Average Daily Volume

4,211

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

$19.93

Average Daily Volume

550

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RAYS	VCLN
30 Days	12.85%	5.76%
60 Days	9.91%	7.75%
90 Days	14.38%	13.93%
12 Months	-18.17%	17.86%

5 Overlapping Holdings

Symbol	Grade	Weight in RAYS	Weight in VCLN	Overlap
ARRY	F	1.36%	0.61%	0.61%
ENPH	D	8.95%	8.33%	8.33%
FSLR	C	10.87%	8.87%	8.87%
RUN	D	4.75%	2.56%	2.56%
SEDG	F	1.76%	0.59%	0.59%

RAYS Overweight 5 Positions Relative to VCLN

Symbol	Grade	Weight
SHLS	F	1.7%
NOVA	D	1.66%
AY	B	1.63%
CSIQ	D	0.85%
AMPS	F	0.41%

RAYS Underweight 17 Positions Relative to VCLN

Symbol	Grade	Weight
ED	B	-6.25%
NEE	B	-3.45%
CWEN	A	-2.46%
AES	C	-2.23%
SO	B	-2.16%
AGX	B	-1.81%
FLNC	C	-1.75%
DTM	C	-1.46%
LNG	D	-1.45%
ABBV	B	-1.42%
GEV	B	-1.19%
ETR	A	-1.15%
BE	F	-1.1%
XYL	C	-1.02%
TEL	D	-0.91%
CEG	C	-0.75%
PLUG	F	-0.49%