Fund Overlap
See which holdings any two equity ETFs have in common, along with top differences in exposure.
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15
Number of overlapping holdings
30.0%
% of FRNW's 66 holdings also in RAYS
30.6%
% of RAYS's 49 holdings also in FRNW
Overlap by Weight
Sector Drift (FRNW minus RAYS)
Overlapping Holdings
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| Company | Weight in FRNW |
Weight in RAYS |
Overlap | |
|---|---|---|---|---|
 |
FIRST SOLAR INC | 4.0% | 8.4% | 4.0% |
|
ENPHASE ENERGY INC | 3.6% | 4.5% | 3.6% |
|
SUNRUN INC. | 2.7% | 2.5% | 2.5% |
|
NEXTRACKER, INC. CLASS A | 2.5% | 5.7% | 2.5% |
 |
ENCAVIS AG-TEND | 2.0% | 2.5% | 2.0% |
Position Highlights (Non-Overlapping Exposures)
FRNW Overweight Relative to RAYS
|
GE VERONA | 5.2% |
 |
VESTAS WIND SYSTEMS A/S | 4.0% |
 |
EDP-ENERGIAS DE PORTUGAL SA | 3.6% |
|
DONG ENERGY A/S | 3.4% |
 |
VERBUND AG | 2.9% |
|
ORMAT TECHNOLOGIES INC | 2.5% |
 |
MERIDIAN ENERGY LTD | 2.5% |
 |
EDP RENOVAVEIS SA | 2.5% |
 |
NORTHLAND POWER INC | 2.4% |
 |
NEOEN S.A. | 2.3% |
FRNW Underweight Relative to RAYS
 |
SUNGROW POWER SUPPLY CO., LTD. CLASS | -10.3% |
|
XI'AN LONGI SILICON MATERIALS CO., L | -8.7% |
|
NINGBO DEYE TECHNOLOGY CO., LTD. CLA | -7.0% |
|
TIANJIN ZHONGHUAN SEMICOND-A | -4.7% |
|
FIRST SOLAR INC | -4.5% |
|
JA SOLAR TECHNOLOGY CO., LTD. CLASS | -3.9% |
|
SHENZHEN S.C NEW ENERGY TECHNOLOGY C | -3.6% |
|
NEXTRACKER, INC. CLASS A | -3.2% |
|
GINLONG TECHNOLOGIES CO., LTD. CLASS | -3.0% |
|
SHANGHAI AIKO SOLAR ENERGY CO., LTD. | -2.9% |