CSEN vs. RAYS

Last updated Aug 4, 2026

CSEN (Cohen & Steers Future of Energy Active ETF) and RAYS (Global X Solar ETF) are both exchange-traded funds - CSEN is a Energy Equities fund actively managed by Cohen & Steers, while RAYS is a Alternative Energy Equities fund tracking the Solactive Solar Index. CSEN is actively managed, while RAYS is passively managed. CSEN charges 0.80%/yr vs 0.50%/yr for RAYS.

Performance

CSEN vs. RAYS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cohen & Steers Future of Energy Active ETF (CSEN) and Global X Solar ETF (RAYS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CSEN

• 1D: -0.14%
• 1M: 5.61%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

RAYS

• 1D: 0.00%
• 1M: 0.00%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CSEN Cohen & Steers Future of Energy Active ETF	$463.01K	$572.30K	$765.26K
RAYS Global X Solar ETF	$0.00	$0.00	$0.00

CSEN vs. RAYS - Yearly Performance Comparison

	2026 (YTD)
CSEN Cohen & Steers Future of Energy Active ETF	0.47%
RAYS Global X Solar ETF	0.00%

Return for Risk

CSEN vs. RAYS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers Future of Energy Active ETF (CSEN) and Global X Solar ETF (RAYS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

CSEN vs. RAYS - Drawdown Comparison

The maximum CSEN drawdown since its inception was -5.10%, which is greater than RAYS's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for CSEN and RAYS.

Drawdown Indicators

	CSEN	RAYS	Difference
Max Drawdown Largest peak-to-trough decline	-5.10%	0.00%	-5.10%
Current Drawdown Current decline from peak	-1.19%	0.00%	-1.19%
Average Drawdown Average peak-to-trough decline	-2.20%	0.00%	-2.20%

Volatility

Volatility by Period

	CSEN	RAYS	Difference
Volatility (1Y) Calculated over the trailing 1-year period	16.99%	0.00%	+16.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.99%	0.00%	+16.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.99%	0.00%	+16.99%

CSEN vs. RAYS - Expense Ratio Comparison

CSEN has a 0.80% expense ratio, which is higher than RAYS's 0.50% expense ratio.

Dividends

CSEN vs. RAYS - Dividend Comparison

CSEN's dividend yield for the trailing twelve months is around 0.32%, while RAYS has not paid dividends to shareholders.

Position	TTM
CSEN Cohen & Steers Future of Energy Active ETF	0.32%
RAYS Global X Solar ETF	0.00%

Frequently Asked Questions

Which ETF is better, CSEN or RAYS?

On fees, RAYS is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CSEN or RAYS?

RAYS is cheaper with a 0.50% expense ratio, compared with 0.80% for CSEN.

Which ETF pays a higher dividend yield, CSEN or RAYS?

CSEN has the higher dividend yield at 0.32%, compared with 0.00% for RAYS.

What is the main difference between CSEN and RAYS?

CSEN is categorized as Energy Equities, while RAYS is Alternative Energy Equities. They also come from different issuers: Cohen & Steers and Global X. Their fees differ too: 0.80% for CSEN and 0.50% for RAYS.