RAYS Performance — Global X Solar ETF
Data updated: 2025-07-30
RAYS returned −28.88% over one year to May 2025. The annualised 3-year return is −25.25%. The fund trailed its Emerging Markets Thematic Equity category average: $100 invested three years ago grew to $42, against $113 for the category, and to $71 over one year, against $111. Volatility over the past three years was 31.73% a year. In the 12 months to May 2025 the fund lost a net $393K, and assets reached $4.18M.
RAYS Growth of $100
What $100 invested in Global X Solar ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Thematic Equity category average over the same months.
| Period | RAYS | Category average |
|---|---|---|
| 1 year (Jun 2024 – May 2025) | $71 | $111 |
| 3 years (Jun 2022 – May 2025) | $42 | $113 |
| Since data start (Sep 2021 – May 2025) | $36 | $93 |
RAYS Trailing Returns
Total returns to May 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −28.88% |
| 3 years (annualised) | −25.25% |
RAYS Annual Returns
Calendar-year total returns of Global X Solar ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–May) | −17.41% |
| 2024 | −19.31% |
| 2023 | −37.85% |
| 2022 | −29.35% |
| 2021 (Sep–Dec) | +22.38% |
RAYS Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | −1.5% | −10.8% | +6.0% | −7.9% | −3.6% | — | — | — | — | — | — | — |
| 2024 | −18.6% | +12.6% | +9.1% | −7.8% | +1.5% | −1.7% | +6.7% | −18.1% | −8.2% | −4.1% | +14.0% | −0.2% |
| 2023 | +12.2% | −7.5% | −6.2% | −8.5% | −1.2% | −15.3% | −5.1% | +3.2% | +2.4% | −15.0% | −9.2% | +7.7% |
| 2022 | −16.4% | −9.3% | +14.5% | −17.6% | −2.0% | −7.4% | +13.1% | +8.4% | +9.4% | −0.7% | −11.2% | −8.0% |
| 2021 | — | — | — | — | — | — | — | — | −7.9% | +18.8% | — | +11.8% |
RAYS Risk
Risk measures from monthly returns over Jun 2022 – May 2025.
- 3-year volatility (annualised): 31.73%
- 3-year Sharpe ratio: -0.94 (vs 4.5% risk-free rate)
- Best month: +14.02% (Nov 2024)
- Worst month: −18.57% (Jan 2024)
RAYS Fund Flows
Monthly money in and out of Global X Solar ETF, from SEC Form N-PORT.
- 12-month net flow: −$393K
- 12-month gross sales (incl. reinvestments): $1.6M
- Sales ÷ redemptions: 0.80×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2025 | $289 | $530K | −$530K |
| Apr 2025 | $65K | $766K | −$702K |
| Mar 2025 | $0 | $0 | $0 |
| Feb 2025 | $0 | $0 | $0 |
| Jan 2025 | $0 | $0 | $0 |
| Dec 2024 | $0 | $0 | $0 |
| Nov 2024 | $578 | $689K | −$688K |
| Oct 2024 | $0 | $0 | $0 |
| Sep 2024 | $0 | $0 | $0 |
| Aug 2024 | $24K | $0 | $24K |
| Jul 2024 | $1.5M | $0 | $1.5M |
| Jun 2024 | $0 | $0 | $0 |
RAYS Assets Under Management
Net assets of Global X Solar ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-05-31 | $4.18M |
| 2025-02-28 | $5.77M |
| 2024-11-30 | $6.61M |
| 2024-08-31 | $7.30M |
| 2024-05-31 | $6.74M |
| 2024-02-29 | $6.25M |
| 2023-11-30 | $5.98M |
| 2023-08-31 | $3.26M |
| 2023-05-31 | $3.93M |
| 2023-02-28 | $4.64M |
| 2022-11-30 | $5.96M |
| 2022-08-31 | $3.44M |
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.