- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 605 Third Avenue, 43rd Floor New York NY United States of America 10158
- IPO Date
- Oct 29, 2020
- Business
- Global X CleanTech ETF (CTEC) is an exchange-traded fund that seeks to correspond to the price and yield performance, before fees and expenses, of the Indxx Global CleanTech Index. The fund provides exposure to a market capitalization-weighted portfolio of global companies involved in the development, production, and utilization of CleanTech solutions that aim to inhibit or reduce negative environmental impacts; these include renewable energy technologies such as solar and wind power generation equipment from holdings like First Solar Inc., Vestas Wind Systems A/S, and Nextracker Inc., solid-state batteries and energy storage systems from QuantumScape Corp. and Samsung SDI Co. Ltd., fuel cells from Bloom Energy Corp., and additional offerings in pollution control, energy efficiency, and advanced materials from companies including Nordex SE, NIBE Industrier AB, and Johnson Matthey Plc. CTEC holds approximately 38 stocks across sectors like industrials (55.1%), information technology (28.7%), and materials (10.9%), with geographic diversification spanning 12 countries including the United States, Denmark, South Korea, Germany, Sweden, the United Kingdom, China, and others. Launched on October 27, 2020, the ETF is issued and managed by Global X Management Company LLC, with headquarters in New York. In a recent operational change, CTEC underwent a 1-for-5 reverse stock split effective before market open on September 2, 2025, converting every five existing shares into one new share to adjust its share price structure. The fund maintains assets under management of approximately $23-28 million, semi-annual distributions, and an expense ratio of 0.50%, targeting investors seeking thematic exposure to the energy transition megatrend amid projections of $150 trillion in global spending on such technologies through 2050.