CTEC

Global X CleanTech ETF

$57.06

+0.00%

Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The Global X CleanTech ETF (CTEC) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global CleanTech Index.

Overview

ETF tracking Global X CleanTech ETF

Category Thematic

Issuer Other

Inception Date 2020-10-29

Market Cap $30.2M

Average Volume N/A

Dividend Yield 0.18%

52-Week Range $26.00 - $62.89

VWAP $57.30

Performance

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Investment Summary

📎 Investment Objective

The Global X CleanTech ETF (CTEC) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global CleanTech Index.

🎯 Investment Strategy

The fund invests in companies that stand to benefit from the increased adoption of technologies that inhibit or reduce negative environmental impacts. This includes companies involved in renewable energy, clean energy, and clean technology.

✨ Key Features

Provides exposure to a global portfolio of companies in the clean technology industry
Tracks the Indxx Global CleanTech Index, which is designed to measure the performance of companies involved in the clean technology sector
Diversified across sub-sectors like renewable energy, energy efficiency, and sustainable transportation
Relatively new fund with limited performance history

⚠️ Primary Risks

Concentration risk as the fund is focused on the clean technology industry
Potential volatility due to the emerging and rapidly evolving nature of the clean tech sector
Currency risk for international holdings
Liquidity risk as the fund is relatively small in assets under management

👤 Best For

This ETF may be suitable for long-term investors seeking exposure to the global clean technology industry as part of a diversified portfolio. Investors should have a higher risk tolerance given the fund's sector focus and limited performance history.