Fund Overlap
See which holdings any two equity ETFs have in common, along with top differences in exposure.
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14
Number of overlapping holdings
29.2%
% of FRNW's 52 holdings also in RAYS
32.6%
% of RAYS's 44 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 | 3.5% | 7.8% | 3.5% |
|
NEXTRACKER, INC. CLASS A | 3.4% | 6.6% | 3.4% |
|
ENPHASE ENERGY INC | 3.2% | 9.8% | 3.2% |
 |
XINYI SOLAR HOLDINGS LTD | 2.2% | 2.6% | 2.2% |
|
SUNRUN INC. | 1.5% | 3.2% | 1.5% |
Position Highlights (Non-Overlapping Exposures)
FRNW Overweight Relative to RAYS
 |
VESTAS WIND SYSTEMS A/S | 4.7% |
|
GE VERONA | 4.2% |
 |
EDP-ENERGIAS DE PORTUGAL SA | 3.7% |
|
DONG ENERGY A/S | 3.4% |
 |
VERBUND AG | 3.1% |
|
ITRON INC | 2.7% |
 |
NORDEX AG | 2.7% |
 |
VINCI SA | 2.6% |
|
BLOOM ENERGY CORPORATION CLASS A | 2.6% |
|
NEOEN S.A. | 2.5% |
FRNW Underweight Relative to RAYS
|
NINGBO DEYE TECHNOLOGY CO., LTD. CLA | -10.5% |
|
XI'AN LONGI SILICON MATERIALS CO., L | -8.3% |
|
SUNGROW POWER SUPPLY CO., LTD. CLASS | -7.1% |
|
ENPHASE ENERGY INC | -6.5% |
|
FIRST SOLAR INC | -4.4% |
|
TIANJIN ZHONGHUAN SEMICOND-A | -4.0% |
|
NEXTRACKER, INC. CLASS A | -3.2% |
 |
HANWHA CHEMICAL CORP | -3.1% |
|
SHENZHEN S.C NEW ENERGY TECHNOLOGY C | -2.9% |
|
JA SOLAR TECHNOLOGY CO., LTD. CLASS | -2.9% |