- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- United States of America
- IPO Date
- Sep 15, 2021
- Business
- Global X Wind Energy ETF (WNDY) is an exchange-traded fund that seeks to provide investment results corresponding generally to the price and yield performance, before fees and expenses, of the Solactive Wind Energy Index. The fund invests in equity securities of companies worldwide positioned to benefit from the advancement and growth of the global wind energy industry, including manufacturers of wind turbines and components such as blades, towers, and nacelles; wind power producers and operators deriving significant revenue from wind energy generation; and service providers involved in wind farm development, construction, and maintenance. Top holdings include Vestas Wind Systems A/S (12.84%), China Three Gorges Renewables (Group) Co., Ltd. (10.75%), Ørsted A/S (10.52%), Northland Power Inc. (7.28%), and Nordex SE (5.99%), with a total of approximately 30 holdings concentrated in the miscellaneous sector equity category focused on alternative energy; the ETF is accumulating, reinvesting dividends rather than distributing them.
Launched on February 8, 2022, and domiciled in Ireland with primary listings on exchanges such as NasdaqGM (WNDY), the London Stock Exchange (WNDY LN), and Milan (WNDY), the fund targets investors seeking exposure to the wind energy segment of renewable energy, with a total expense ratio of 0.50% p.a. and currency unhedged in USD; its assets under management stand at approximately $1.59 million USD (equivalent to EUR 4 million).
The ETF maintains a geographic focus aligned with its holdings, spanning Europe (e.g., Denmark, Germany), Asia (e.g., China), North America (e.g., Canada), and other regions involved in wind energy activities, reflecting the global nature of the underlying index. No major acquisitions, funding rounds, partnerships, new product launches, or strategic shifts specific to the ETF have been reported in the last 1-2 years; it continues to track its benchmark amid ongoing developments in the wind sector, such as expansions by holdings like Vestas and Ørsted, with recent performance showing a 1-year NAV return of -0.06% as of late 2025.