Global X Solar ETF (RAYS) belongs to the Alternative Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with RAYS. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RAYS
RAYS charges 0.50% annually. There are 7 ETFs in the Alternative Energy Equities category with lower expense ratios, going as low as 0.20%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock World ex U.S. Carbon Transition Readines... | 0.20% | 282.22M | Apr 2021 | RAYS vs LCTD | |
| Themes Uranium & Nuclear ETF | 0.35% | — | Sep 2024 | RAYS vs URAN | |
| iShares Global Clean Energy ETF | 0.39% | 2.59B | Jun 2008 | RAYS vs ICLN | |
| Fidelity Clean Energy ETF | 0.39% | 153.82M | Oct 2021 | RAYS vs FRNW | |
| SPDR S&P Kensho Clean Power ETF | 0.45% | 223.98M | Oct 2018 | RAYS vs CNRG |
Best Risk-Adjusted Alternatives to RAYS
Among 20 ETFs in the Alternative Energy Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 85.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Energy Storage & Materials ETF | 85 | 74.40M | Mar 2024 | RAYS vs IBAT | |
| Macquarie Energy Transition ETF | 71 | 12.79M | Nov 2023 | RAYS vs PWER | |
| First Trust Global Wind Energy ETF | 57 | 281.59M | Jun 2008 | RAYS vs FAN | |
| Invesco Global Clean Energy ETF | 55 | 196.44M | Jun 2007 | RAYS vs PBD | |
| Fidelity Clean Energy ETF | 52 | 153.82M | Oct 2021 | RAYS vs FRNW |
Top Performing RAYS Alternatives (YTD)
Among 20 ETFs in the Alternative Energy Equities category with YTD return data, the top-performing alternatives shown here go as high as 36.79%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Energy Storage & Materials ETF | 36.79% | 74.40M | Mar 2024 | RAYS vs IBAT | |
| Global X Hydrogen ETF | 33.11% | 91.40M | Jul 2021 | RAYS vs HYDR | |
| First Trust Global Wind Energy ETF | 18.35% | 281.59M | Jun 2008 | RAYS vs FAN | |
| First Trust NASDAQ Clean Edge Green Energy Index F... | 17.05% | 718.18M | Feb 2007 | RAYS vs QCLN | |
| First Trust NASDAQ Clean Edge Smart Grid Infrastru... | 16.65% | 11.74B | Nov 2009 | RAYS vs GRID |
Lowest Volatility Alternatives to RAYS
RAYS has 0.00% 1-year volatility. No ETFs in the Alternative Energy Equities category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 15.02%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock World ex U.S. Carbon Transition Readines... | 15.02% | 282.22M | Apr 2021 | RAYS vs LCTD | |
| Global X Funds Global X Renewable Energy Producers... | 15.89% | 30.29M | May 2015 | RAYS vs RNRG | |
| Invesco MSCI Sustainable Future ETF | 17.42% | 135.16M | Oct 2006 | RAYS vs ERTH | |
| First Trust Global Wind Energy ETF | 20.47% | 281.59M | Jun 2008 | RAYS vs FAN | |
| Macquarie Energy Transition ETF | 21.40% | 12.79M | Nov 2023 | RAYS vs PWER |
Lowest Drawdown Alternatives to RAYS
Among 20 ETFs in the Alternative Energy Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -10.29%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco MSCI Sustainable Future ETF | -10.29% | 135.16M | Oct 2006 | RAYS vs ERTH | |
| BlackRock World ex U.S. Carbon Transition Readines... | -10.92% | 282.22M | Apr 2021 | RAYS vs LCTD | |
| Global X Funds Global X Renewable Energy Producers... | -11.72% | 30.29M | May 2015 | RAYS vs RNRG | |
| First Trust NASDAQ Clean Edge Smart Grid Infrastru... | -11.73% | 11.74B | Nov 2009 | RAYS vs GRID | |
| VanEck Low Carbon Energy ETF | -11.76% | 135.15M | May 2007 | RAYS vs SMOG |
Other ETFs from Global X
The 10 most viewed Global X ETFs shown here include QYLD, SHLD, AIQ and span 12 categories. AUM among these funds goes as high as $14B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Global X NASDAQ 100 Covered Call ETF | Nasdaq-100, Derivative Income | 85 | 8.37% | 8.37B | Dec 2013 | RAYS vs QYLD | |
| Global X Defense Tech ETF | Aerospace & Defense | 9 | -7.27% | 6.91B | Sep 2023 | RAYS vs SHLD | |
| Global X Artificial Intelligence & Technology ETF | Technology Equities | 44 | 16.62% | 10.08B | May 2018 | RAYS vs AIQ | |
| Global X Uranium ETF | Uranium | 11 | -8.47% | 5.92B | Nov 2010 | RAYS vs URA | |
| Global X Copper Miners ETF | Copper | 56 | 4.38% | 6.98B | Apr 2010 | RAYS vs COPX | |
| Global X Robotics & Artificial Intelligence Themat... | Robotics, Technology Equities | 16 | -1.88% | 3.44B | Sep 2016 | RAYS vs BOTZ | |
| Global X Silver Miners ETF | Silver, Precious Metals | 30 | -13.78% | 4.14B | Apr 2010 | RAYS vs SIL | |
| Global X S&P 500 Covered Call ETF | Derivative Income, S&P 500 | 90 | 7.24% | 3.22B | Jun 2013 | RAYS vs XYLD | |
| Global X Data Center & Digital Infrastructure ETF | REIT | 70 | 31.00% | 2.25B | Oct 2020 | RAYS vs DTCR | |
| Global X US Infrastructure Development ETF | Industrials Equities | 53 | 19.02% | 14.01B | Mar 2017 | RAYS vs PAVE |
Often Compared With RAYS
Investors most often compare RAYS with TAN, PBW, KWT. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare RAYS with Any Fund or Stock
Compare RAYS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RAYS with funds that move differently
Global X Solar ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RAYS.
Explore RAYS Diversifiers