SOLR
Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund
SOLR is an actively-managed ETF of global stocks focused on alternative or renewable energy, held on approximately an equal-weighted basis.
Global
EQUITY
Active
MANAGEMENT STYLE
4.0 M
ASSETS UNDER MGMT
79 bp
EXPENSES
Fund Basics
Fund sponsor | Guinness Atkinson Asset Management |
Category | Global |
Asset class | Equity |
Website | link... |
Inception date | Nov 11, 2020 |
Assets (mns) | $4 |
Expense ratio | 79 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Annually |
Taxation | 1099 |
Stock selection | Proprietary |
Weighting | Proprietary |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | No |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
TRANE TECHNOLOGIES PLC | 6.6 % |
EATON CORP PLC | 6.2 % |
SCHNEIDER ELECTRIC SA | 5.5 % |
ITRON INC | 4.9 % |
HUBBELL INCORPORATED CLASS B | 4.6 % |
IBERDROLA SA | 4.3 % |
FIRST SOLAR INC | 4.3 % |
LEGRAND SA | 4.0 % |
NEXTERA ENERGY GROUP | 3.9 % |
INFINEON TECHNOLOGIES AG | 3.4 % |
Constituent Breakdown
Number of holdings | 33 |
Herfindahl-Hirschman Index | 322 |
Wgt avg mkt cap (mns) | $42,186 |
Large cap (>$10bn) | 71.6% |
Mid cap ($2-10bn) | 20.7% |
Small cap (<$2bn) | 7.8% |
Developed mkts. | 90.4% |
Emerging mkts. | 9.6% |
Country Exposure
UNITED STATES | 33.5 % | |
IRELAND | 15.2 % | |
FRANCE | 9.5 % | |
DENMARK | 5.3 % | |
SPAIN | 4.3 % | |
CHINA | 4.3 % | |
SOUTH KOREA | 3.6 % | |
GERMANY | 3.4 % | |
BRITAIN | 2.6 % | |
CANADA | 1.5 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | -7.5% | 1.7% | -7.6% | -6.9% | -- | -- | 0.8% | Volatility | 19.9% | 20.5% | 20.9% | 23.2% | -- | -- | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 1.18 | 62% |
MSCI EAFE | 1.29 | 73% |
MSCI Emg Mkts | 1.09 | 52% |
Liquidity Measures
Avg. volume (000) | 0 |
Turnover | 0.0% |
Avg. Bid/Ask (% of price) | 0.35% |
ADV of underlying (mns) | $3,572 |
Technical Indicators
Recent close | $24.78 |
30d moving avg. | $26.68 |
Annualized volatility | 26.2% |
Relative strength (RSI) | 46 |
Short interest (ETF) | 0.1% |
Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. SOLR |
Expenses vs. SOLR |
ALTAR Score™ vs. SOLR |
---|---|---|---|---|
NBCT | Neuberger Berman Carbon Transition Infrastructure ETF | 30.9% | -24 bp | -1.9% |
GSFP | Goldman Sachs Future Planet Equity ETF | 24.9% | -4 bp | -1.0% |
SMOG | VanEck Low Carbon Energy ETF | 24.7% | -18 bp | -3.1% |
GRID | First Trust Nasdaq Clean Edge Smart GRID Infrastructure | 22.6% | -21 bp | -0.8% |
MOTO | SmartETFs Smart Transportation & Technology ETF | 22.5% | -11 bp | +1.9% |
VCLN | Virtus Duff & Phelps Clean Energy ETF | 21.8% | -20 bp | -1.5% |
OCEN | IQ Clean Oceans ETF | 19.3% | -34 bp | +0.8% |
FRNW | Fidelity Clean Energy ETF | 19.0% | -40 bp | -3.0% |
TEMP | JPMorgan Climate Change Solutions ETF | 18.5% | -30 bp | +0.3% |
ICLN | iShares Global Clean Energy ETF | 17.8% | -38 bp | +0.6% |
Risk and Returns: SOLR vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 12/20/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
SOLR
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
SOLR
5.4%
Cat. Avg
4.2%
ALTAR Score™ Calculation
Category Overview
There are 374 funds in the Global Equity category, with an average ALTAR Score™
of 4.2% and a standard deviation of
4.8%. SOLR's ALTAR Score™ is approximately
0.3 standard deviations
above
the category average. This places SOLR in the 60th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
SOLRSELL
U/W
HOLD
O/W
BUY
Expense Analysis
Peer Group | Active Global Equity ETFs |
# of ETFs | 118 |
Avg. Expense Ratio | 73.5 bp |
Std. Deviation | 29.8 bp |
SOLR (79 bp) Percentile rank | 60 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
SOLR | 79.0 | 35.4 | 114.4 |
Peer Avg. | 67.7 | 31.7 | 99.5 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .