WNDYGlobal X Wind Energy ETF
WNDY Fund Description
WNDY tracks a modified market-cap-weighted index of global wind energy companies screened for UN Global Compact principles compliance.
WNDY Factset Analytics Insight
WNDY is one of the few ETFs that capture the global wind energy industry. The fund includes companies engaged in: wind energy systems, wind power production, wind energy technology, and wind power integration & maintenance. Eligible firms are initially scored and ranked based on a proprietary natural language processing algorithm which identifies wind energy companies using keywords from publicly available information. Identified companies are then classified as either pure-play or pre-revenue, and are further screened for compliance with UN Global Compact principles. The fund aims to hold 50 pure-play companies. If fewer than 25 pure-play companies qualify for inclusion, pre-revenue firms will be selected until the portfolio reaches 25 constituents. Holdings are market-cap-weighted with single security weights capped at 12%for pure-plays and 2% for pre-revenue firms. In addition, the aggregate weight of pre-revenue firms cannot exceed 10%. The index rebalances semi-annually.
WNDY MSCI ESG Analytics Insight
Global X Wind Energy ETF has an MSCI ESG Fund Rating of undefined based on a score of 5.94 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Global X Wind Energy ETF ranks in the 38th percentile within its peer group and in the 22nd percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
WNDY Summary Data
WNDY Portfolio Data
WNDY Index Data
WNDY Portfolio Management
WNDY Tax Exposures
WNDY Fund Structure
WNDY Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of WNDY. WNDY is rated a N/A out of 5.
WNDY Top 10 Holdings[View All]
WNDY Economic Development
WNDY Performance Statistics
WNDY MSCI ESG Ratings
WNDY Benchmark Comparison Summary
WNDY Benchmark Comparison Market Cap Size
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.