Global X Solar ETF (RAYS) Sharpe Ratio

Sharpe ratio is not yet available for RAYS. This metric requires at least 12 months of historical daily returns to calculate. Check back once this data is available.

How it compares to other similar ETFs

The table compares Global X Solar ETF's Sharpe Ratio with other ETFs in the Alternative Energy Equities category across multiple time periods, showing how RAYS's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 21, 2026.

Symbol	Name	1Y Sharpe Ratio
IBAT	iShares Energy Storage & Materials ETF	2.24
PWER	Macquarie Energy Transition ETF	1.82
FAN	First Trust Global Wind Energy ETF	1.42
FRNW	Fidelity Clean Energy ETF	1.41
HYDR	Global X Hydrogen ETF	1.38
PBD	Invesco Global Clean Energy ETF	1.36
RNRG	Global X Funds Global X Renewable Energy Producers ETF	1.24
CNRG	SPDR S&P Kensho Clean Power ETF	1.23
CTEX	ProShares S&P Kensho Cleantech ETF	1.21
LCTD	BlackRock World ex U.S. Carbon Transition Readiness ETF	1.19
RAYS	Global X Solar ETF	—

Benchmark

S&P 500 Index

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Historical Sharpe Ratio

The chart shows RAYS's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when RAYS consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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