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Global X CleanTech ETF (CTEC)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS37954Y2283
CUSIP37954Y228
IssuerGlobal X
Inception DateOct 27, 2020
RegionGlobal (Broad)
CategoryAlternative Energy Equities
Index TrackedIndxx Global CleanTech Index
Home Pagewww.globalxetfs.com
Asset ClassEquity

Expense Ratio

The Global X CleanTech ETF has a high expense ratio of 0.50%, indicating higher-than-average management fees.


Expense ratio chart for CTEC: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Global X CleanTech ETF

Popular comparisons: CTEC vs. QCLN, CTEC vs. TAN, CTEC vs. INDA, CTEC vs. XLK

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Global X CleanTech ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%NovemberDecember2024FebruaryMarchApril
-8.62%
18.81%
CTEC (Global X CleanTech ETF)
Benchmark (^GSPC)

S&P 500

Returns By Period

Global X CleanTech ETF had a return of -21.31% year-to-date (YTD) and -44.28% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date-21.31%5.05%
1 month-9.37%-4.27%
6 months-8.62%18.82%
1 year-44.28%21.22%
5 years (annualized)N/A11.38%
10 years (annualized)N/A10.42%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2024-16.32%0.11%6.21%
2023-11.27%-17.73%9.56%10.25%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of CTEC is 0, indicating that it is in the bottom 0% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of CTEC is 00
Global X CleanTech ETF(CTEC)
The Sharpe Ratio Rank of CTEC is 00Sharpe Ratio Rank
The Sortino Ratio Rank of CTEC is 00Sortino Ratio Rank
The Omega Ratio Rank of CTEC is 00Omega Ratio Rank
The Calmar Ratio Rank of CTEC is 11Calmar Ratio Rank
The Martin Ratio Rank of CTEC is 11Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Global X CleanTech ETF (CTEC) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


CTEC
Sharpe ratio
The chart of Sharpe ratio for CTEC, currently valued at -1.35, compared to the broader market-1.000.001.002.003.004.00-1.35
Sortino ratio
The chart of Sortino ratio for CTEC, currently valued at -2.18, compared to the broader market-2.000.002.004.006.008.00-2.18
Omega ratio
The chart of Omega ratio for CTEC, currently valued at 0.77, compared to the broader market1.001.502.000.77
Calmar ratio
The chart of Calmar ratio for CTEC, currently valued at -0.62, compared to the broader market0.002.004.006.008.0010.00-0.62
Martin ratio
The chart of Martin ratio for CTEC, currently valued at -1.47, compared to the broader market0.0010.0020.0030.0040.0050.0060.00-1.47
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.81, compared to the broader market-1.000.001.002.003.004.001.81
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.64, compared to the broader market-2.000.002.004.006.008.002.64
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.31, compared to the broader market1.001.502.001.32
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.38, compared to the broader market0.002.004.006.008.0010.001.38
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.21, compared to the broader market0.0010.0020.0030.0040.0050.0060.007.21

Sharpe Ratio

The current Global X CleanTech ETF Sharpe ratio is -1.35. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.


Rolling 12-month Sharpe Ratio-2.00-1.000.001.002.003.00NovemberDecember2024FebruaryMarchApril
-1.35
1.81
CTEC (Global X CleanTech ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Global X CleanTech ETF granted a 0.65% dividend yield in the last twelve months. The annual payout for that period amounted to $0.06 per share.


PeriodTTM2023202220212020
Dividend$0.06$0.06$0.04$0.07$0.00

Dividend yield

0.65%0.51%0.25%0.39%0.02%

Monthly Dividends

The table displays the monthly dividend distributions for Global X CleanTech ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.00$0.00$0.00
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.06
2022$0.00$0.00$0.00$0.00$0.00$0.01$0.00$0.00$0.00$0.00$0.00$0.03
2021$0.00$0.00$0.00$0.00$0.00$0.01$0.00$0.00$0.00$0.00$0.00$0.06
2020$0.00

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-80.00%-60.00%-40.00%-20.00%0.00%NovemberDecember2024FebruaryMarchApril
-70.29%
-4.64%
CTEC (Global X CleanTech ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Global X CleanTech ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Global X CleanTech ETF was 70.89%, occurring on Apr 19, 2024. The portfolio has not yet recovered.

The current Global X CleanTech ETF drawdown is 70.29%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-70.89%Feb 10, 2021803Apr 19, 2024
-8.5%Jan 27, 20213Jan 29, 20217Feb 9, 202110
-7.47%Jan 14, 20212Jan 15, 20213Jan 21, 20215
-4.41%Nov 30, 20204Dec 3, 20203Dec 8, 20207
-3.07%Jan 8, 20212Jan 11, 20211Jan 12, 20213

Volatility

Volatility Chart

The current Global X CleanTech ETF volatility is 9.53%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2024FebruaryMarchApril
9.53%
3.30%
CTEC (Global X CleanTech ETF)
Benchmark (^GSPC)