Global X Funds Global X Solar ETF

RAYS is a Global Equities ETF. The Fund invests at least 80% of its total assets, plus borrowings for investments purposes (if any), in the securities of the Solactive Solar Index (the "Underlying Index") and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the Underlying Index. The Fund invests at least 80% of its total assets, plus borrowings for investments purposes (if any), in the securities of the Solactive Solar Index (the "Underlying Index") and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the Underlying Index.

RAYS tracks the Solactive Solar Index.

No, RAYS is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, RAYS is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on RAYS is -0.0677%. This is the percent change in the value of RAYS over the most recent 1-month period. The 3-month return on RAYS is -0.2545%. This is the percent change in the value of RAYS over the most recent 3-month period.

The standard deviation of RAYS for the past year is 0.3015%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to RAYS include IGF, EFAV, and ARKK.

ETFs correlated to RAYS include TAN, ICLN, and ERTH.

ETFs that are inversely correlated to RAYS include EFZ, EDZ, and EPV.