RAYS ISSUER
The RAYS ETF is managed by [Issuer Name], an experienced investment company with a strong track record in creating innovative exchange-traded funds. Launched in [Year], the RAYS ETF seeks to replicate the performance of the Solactive Solar Index, providing investors with exposure to companies at the forefront of solar technology advancements. [Issuer Name] is committed to delivering investment solutions that align with the growing demand for sustainable and environmentally responsible investments, making RAYS an ideal choice for those seeking exposure to the solar energy sector.
RAYS DIVIDEND
While the primary objective of the RAYS Dividend ETF is passive tracking of its underlying Index, it does not prioritize dividend distribution. The ETF follows a semi-annual rotation of specific sectors within the S&P 500® Equal Weight Index (EWI), a proprietary index developed by CFRA. The dividend eligibility and distribution of this ETF depend on the dividend policies and performances of the individual stocks within the EWI sectors included in the portfolio. Investors seeking both capital appreciation and potential dividends may find RAYS Dividend suitable for their investment objectives.
RAYS TRACKING
Tracking the advancement in solar technology is the primary objective of the RAYS ETF. RAYS invests at least 80% of its total assets in securities of the Solactive Solar Index, which focuses on companies positioned to benefit from solar technology progress. The index comprises Solar Companies that derive at least 50% of their revenues from various solar-related activities, such as solar energy materials, systems and components, power production, technology development, installation, integration, and maintenance. The ETF's strategy aims to provide investors with exposure to the evolving solar technology sector, aligning with companies driving innovations in renewable energy.
RAYS CORRELATION
The correlation aspect of the Global X Solar ETF (RAYS) is closely tied to its benchmark index, the Solactive Solar Index. Given that RAYS primarily invests at least 80% of its assets in the securities of the Solactive Solar Index, its correlation with the solar energy sector is expected to be strong. As the ETF focuses on companies involved in various aspects of solar technology, including solar energy materials, systems, power production, and technology development, investors can use RAYS to gain exposure to this specific industry and monitor its correlation with broader market trends. To study correlations more thoroughly and access detailed data on RAYS and other US ETFs, investors can utilize the ETF Insider web app, which offers user-friendly visualization tools to analyze correlations effectively and identify potential overlaps in their portfolios.
RAYS SECTOR
The RAYS ETF focuses on companies positioned to benefit from advances in solar technology. It invests at least 80% of its assets in the securities of the Solactive Solar Index, which includes businesses involved in various aspects of the solar energy sector, such as the production of solar materials, development of solar energy systems, power production from solar sources, and solar technology innovations. This concentrated exposure to the solar industry makes RAYS an appealing choice for investors looking to capitalize on the growth potential of renewable energy, but it also comes with the risk associated with a non-diversified portfolio.
RAYS EXPOSURE
The exposure characteristic of the Alternative Sources RAYS ETF emphasizes its focus on companies positioned to benefit from advancements in solar technology. The ETF primarily invests in the securities of the Solactive Solar Index, along with American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on the index's securities. The index includes companies involved in various aspects of solar technology, including materials production, solar energy systems development, power production, technology innovation, installation, integration, and maintenance. This ETF provides investors with exposure to a diverse range of businesses within the solar sector, making it an attractive option for those seeking to capitalize on the growing importance of renewable energy. Discovering the precise exposure and understanding the correlations within the Alternative Sources RAYS ETF can be efficiently achieved through the ETF Insider web app. This powerful tool offers comprehensive data and visualizations for all US ETFs, making it easier for investors to make informed decisions about their investments. With features like overlap analysis and correlation tracking, investors can gain valuable insights into the ETF's holdings and performance.
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