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 Jun 5, 2026.

Symbol	Name	1Y Sharpe Ratio
IBAT	iShares Energy Storage & Materials ETF	4.66
HYDR	Global X Hydrogen ETF	4.32
PBD	Invesco Global Clean Energy ETF	3.87
CTEC	Global X CleanTech ETF	3.76
CTEX	ProShares S&P Kensho Cleantech ETF	3.66
PWER	Macquarie Energy Transition ETF	3.60
QCLN	First Trust NASDAQ Clean Edge Green Energy Index Fund	3.42
CNRG	SPDR S&P Kensho Clean Power ETF	3.32
FRNW	Fidelity Clean Energy ETF	3.29
ICLN	iShares Global Clean Energy ETF	3.19
RAYS	Global X Solar ETF	—

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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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