Industry description
The investment seeks to track, before fees and expenses, the price and yield performance of the Indxx Renewable Energy Producers Index.
The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index is designed to provide exposure to publicly traded companies that produce energy from renewable sources including wind, solar, hydroelectric, geothermal, and biofuels (including publicly traded companies that are formed to own operating assets that produce defined cash flows. The fund is non-diversified.
Market Cap
The average market capitalization across the Global X Renewable Energy Producers ETF ETF is 2.3B. The market cap for tickers in the group ranges from 694.49M to 11.53B. VER holds the highest valuation in this group at 11.53B. The lowest valued company is NOVA at 694.49M.
High and low price notable news
The average weekly price growth across all stocks in the Global X Renewable Energy Producers ETF ETF was -0%. For the same ETF, the average monthly price growth was -8%, and the average quarterly price growth was -11%. NOVA experienced the highest price growth at 19%, while NEP experienced the biggest fall at -6%.
Volume
The average weekly volume growth across all stocks in the Global X Renewable Energy Producers ETF ETF was -41%. For the same stocks of the ETF, the average monthly volume growth was 131% and the average quarterly volume growth was 88%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 64
P/E Growth Rating: 64
Price Growth Rating: 64
SMR Rating: 73
Profit Risk Rating: 76
Seasonality Score: 48 (-100 ... +100)