WNDY

Global X Wind Energy ETF

WNDY invests in companies positioned to benefit from the advancement of the global wind energy industry.


Global

EQUITY

Rules-Based

MANAGEMENT STYLE

2.0 M

ASSETS UNDER MGMT

50 bp

EXPENSES
Fund Basics
Fund sponsorGlobal X
CategoryGlobal
Asset classEquity
Websitelink...
Inception dateSep 08, 2021
Assets (mns)$2
Expense ratio50 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsSemi-annual
Taxation1099
Stock selectionPrincipals-based
Weighting
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
VESTAS WIND SYSTEMS A/S 11.6 %
DONG ENERGY A/S 11.4 %
NORTHLAND POWER INC 9.4 %
MING YANG SMART ENERGY GROUP LIMITED CLA 8.0 %
CHINA LONGYUAN POWER GROUP-H 4.7 %
NORDEX AG 4.5 %
CECEP WIND-POWER CORP CLASS A 4.5 %
CADELER A/S 4.2 %
BORALEX INC -CL 'A' 4.0 %
DAJIN HEAVY INDUSTRY CO., LTD. CLASS A 3.6 %
Constituent Breakdown
Number of holdings25
Herfindahl-Hirschman Index 660
Wgt avg mkt cap (mns)$6,177
Large cap (>$10bn)19.4%
Mid cap ($2-10bn)50.8%
Small cap (<$2bn)27.8%
Developed mkts.51.9%
Emerging mkts.48.2%
Country Exposure
CHINA 37.8 %
DENMARK 27.2 %
CANADA 16.4 %
GERMANY 4.5 %
INDIA 3.6 %
TAIWAN 3.5 %
GREECE 3.4 %
SOUTH KOREA 2.7 %
Historical Performance


Standardized Performance (as of 11/30/2024)
 YTD1 YR2 YR3 YR5 YR10 YRIncep.
Total Returns -11.6% -4.7% -16.8% -19.5% -- -- -19.8%
Volatility 23.7% 24.3% 22.8% 25.5% -- -- --
Market Correlations
versus...BetaR-squared
S&P 5000.7830%
MSCI EAFE1.0250%
MSCI Emg Mkts1.0149%
Liquidity Measures
Avg. volume (000)1
Turnover0.6%
Avg. Bid/Ask (% of price)0.39%
ADV of underlying (mns)$579
Technical Indicators
Recent close$10.93
30d moving avg.$11.52
Annualized volatility25.1%
Relative strength (RSI)50
Short interest (ETF)6.4%
Short interest (underlying)0.0%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

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Comparable ETFs Based on Overlap
Risk and Returns: WNDY vs. Comps (1 YR)

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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

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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 --%
0.9 9.7 1.2 3.4% --
Based on closing prices from 12/20/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
WNDY



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

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ETF Research Center Rating

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™

WNDY

6.4%

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%. WNDY's ALTAR Score™ is approximately 0.5 standard deviations above the category average. This places WNDY in the 67th percentile among funds in the category.
Sell Side Consensus Rating

Sell-side recommendations on the ETF's individual constituents

WNDY
Peer Average
SELL
U/W
HOLD
O/W
BUY
Factor Scorecard

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Expense Analysis

Peer Group Rules-Based
Global Equity ETFs
# of ETFs 191
Avg. Expense Ratio 55.4 bp
Std. Deviation 17.5 bp
WNDY (50 bp) Percentile rank 39
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
WNDY 50.0 38.9 88.9
Peer Avg. 57.0 39.6 96.6
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .