RAYS Fees and Costs — Global X Solar ETF
Data updated: 2025-07-30
The net expense ratio is 0.50%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $3K in broker commissions, 0.0508% of average net assets, and portfolio turnover was 33%.
RAYS Fees and Expenses
Annual operating expenses and sales charges of RAYS. Prospectus, as of March 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.50% |
| Fee waiver | — |
| Net expense ratio | 0.50% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
RAYS Costs Over Time
On $10,000 invested in RAYS, assuming 5% a year before costs, total costs come to $348 over 5 years, cutting the return by 0.58% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $5 | $17 | $29 |
| Lost growth on money paid in costs | $0 | $9 | $32 |
| Total costs | $58 | $190 | $348 |
| Value after costs | $10,442 | $11,386 | $12,415 |
| Impact on return, per year | 0.58% | 0.58% | 0.58% |
RAYS Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0508%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $797K
- Portfolio turnover (prospectus): 33%
- Securities on loan, average value: $85K
- Net income from securities lending: $3K (0.053% of average net assets)
RAYS Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP | $1K | 40.76% |
| BANK OF AMERICA | $1K | 31.59% |
| JP MORGAN | $910 | 27.39% |
| HSBC | $4 | 0.13% |
| MIDWEST RESEARCH SECURITIES | $2 | 0.05% |
| GOLDMAN SACHS & CO | $1 | 0.04% |
| INSTINET | $1 | 0.04% |
RAYS Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL INC. | $797K | 100.00% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.