YLCO

Global X YieldCo & Renewable Energy Income ETF
*Unless otherwise stated, data provided by FactSet.

YLCO Fund Description

YLCO tracks a market-cap-weighted index of global YieldCos and other renewable energy companies.

YLCO Factset Analytics Insight

YLCO offers yield-focused renewable energy exposure. A “YieldCo” is a holding company for renewable energy projects that have been spun off by a larger energy utility. Introduced in 2013, these income-focused investments generate cash flow while taking advantage of tax incentives and depreciation to minimize taxes at the corporate level. The fund also holds other firms that generate renewable energy for at least 50% of their revenue, as wells as those that produce, install, operate, or finance renewable energy systems. All holdings must have a trailing yield of 2% or more. The portfolio is market-cap weighted, with a cap of 6% on individual names.While YieldCos are sometimes marketed as “MLPs for renewables”, note that these firms use a traditional C-corp structure with no inherent tax benefits. Dividends from the fund are taxable. In addition, YieldCos are a tiny market with an uncertain future—so uncertain that YLCO switched indexes in 2018 to include non-YieldCo firms in the renewable energy space.Prior to November 19, 2018, YLCO tracked the Indxx Global YieldCo Index.

YLCO MSCI ESG Analytics Insight

Global X YieldCo & Renewable Energy Income ETF has an MSCI ESG Fund Rating of AAA based on a score of 8.80 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 YieldCo & Renewable Energy Income ETF ranks in the 99th percentile within its peer group and in the 0th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

YLCO Charts And Performance

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YLCO Summary Data

Mirae Asset
Global X
05/28/15
Open-Ended Fund
0.65%
$44.30M
$549.68K
0.64%

YLCO Portfolio Data

$9.10B
19.18
1.83
2.73%
05/07/20
38

YLCO Index Data

Indxx YieldCo & Renewable Energy Income Index
Market Cap
Market Cap
Thomson Reuters Global Renewable Energy

YLCO Portfolio Management

0.65%
--
--
--

YLCO Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

YLCO Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
Medium
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

YLCO Factset Analytics Block Liquidity

As of 02/21/20
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of YLCO. YLCO is rated a 3 out of 5.

YLCO Tradability

35,562
$549.68K
23,964
$360.59K
0.64%
$0.10
0.29%
2.61% / -0.47%
None
57.00%
50,000
0.48
0.06%
0.31%
0
$15.99
3

YLCO Sector/Industry Breakdown


YLCO
Segment Benchmark
51.52%
--
22.71%
--
16.79%
--
4.12%
95.40%
1.83%
--
1.80%
--
1.23%
--

YLCO Top 10 Holdings[View All]

7.02%
6.26%
5.72%
5.18%
5.16%
5.10%
4.86%
4.60%
3.94%
3.69%
51.53%

YLCO Countries


YLCO
Segment Benchmark
19.01%
33.93%
15.56%
2.79%
11.81%
--
9.96%
--
6.58%
10.61%
6.31%
--
6.17%
37.15%
6.11%
--
5.57%
--
5.50%
--

YLCO Regions


YLCO
Segment Benchmark
34.57%
36.72%
24.53%
49.28%
22.78%
14.00%
18.12%
--

YLCO Economic Development


YLCO
Segment Benchmark
78.92%
98.84%
21.08%
1.16%

YLCO Performance Statistics

0.25
0.18
0.12
0.22
1.25%
Thomson Reuters Global Renewable Energy

YLCO MSCI ESG Ratings

8.80 / 10
--
99.28
6.17%
36.97%
--

YLCO Benchmark Comparison Holdings

38
30
2
4.12%

YLCO Benchmark Comparison Summary


YLCO
Segment Benchmark
38
30
$9.10B
$10.09B
19.18
119.38
1.83
2.75
3.59%
0.66%
Medium
High

YLCO Benchmark Comparison Market Cap Size


YLCO
Segment Benchmark
18.29%
37.15%
69.86%
39.31%
11.85%
18.58%
0.00%
4.96%