Industry description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Wind Energy Index ("underlying index").
The fund invests at least 80% of its total assets, plus borrowings for investments purposes (if any), in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is designed to provide exposure to companies that are positioned to benefit from further advances in the field of wind energy technology. The fund is non-diversified.
Market Cap
The average market capitalization across the Global X Wind Energy ETF ETF is 886.62M. The market cap for tickers in the group ranges from 1.09B to 2.19B. RNW holds the highest valuation in this group at 2.19B. The lowest valued company is BLX at 1.09B.
High and low price notable news
The average weekly price growth across all stocks in the Global X Wind Energy ETF ETF was -3%. For the same ETF, the average monthly price growth was -7%, and the average quarterly price growth was -12%. BLX experienced the highest price growth at 0%, while RNW experienced the biggest fall at 0%.
Volume
The average weekly volume growth across all stocks in the Global X Wind Energy ETF ETF was -13%. For the same stocks of the ETF, the average monthly volume growth was -35% and the average quarterly volume growth was -12%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 88
P/E Growth Rating: 73
Price Growth Rating: 55
SMR Rating: 61
Profit Risk Rating: 76
Seasonality Score: -81 (-100 ... +100)