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Global X CleanTech (CTEC)Overvalued or undervalued?
Look-through valuation · Theme · Expense ratio 0.52 % · ISIN US37954Y2283
Price history (since 2020)
Monthly close since 2020. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Trane Technologies plc TT | 7.1 % | −49.9 % | 73 |
| Eaton Corporation PLC ETN | 6.2 % | −52.4 % | 70 |
| GE Vernova LLC GEV | 6.2 % | −82.5 % | 67 |
| Siemens Energy AG ENR | 6.2 % | −67.2 % | 67 |
| Schneider Electric S.E. SU | 5.7 % | −45.0 % | 69 |
| Bloom Energy Corp BE | 5.6 % | n/a | n/a |
| LG Energy Solution Ltd 373220 | 5.5 % | −47.4 % | 33 |
| Carrier Global Corp CARR | 4.9 % | −65.5 % | 49 |
| Nextpower Inc. NXT | 4.9 % | +10.0 % | 66 |
| Samsung SDI 006400 | 4.7 % | n/a | n/a |
| Nordex SE NDX1 | 4.4 % | +15.7 % | 46 |
| Vestas Wind Systems A/S VWS | 4.4 % | −32.4 % | 61 |
| Prysmian SpA PRY | 4.2 % | −35.1 % | 52 |
| First Solar Inc FSLR | 3.9 % | +131.1 % | 66 |
| NIBE Industrier AB (publ) NIBE-B | 3.7 % | +10.3 % | 59 |
| Contemporary Amperex Technology Co., Limite 3750 | 3.5 % | n/a | n/a |
| Enphase Energy Inc ENPH | 1.9 % | −12.2 % | 62 |
| Johnson Matthey PLC JMAT | 1.9 % | +60.0 % | 51 |
| China Everbright Environment Group Ltd 0257 | 1.7 % | n/a | n/a |
| Chung-Hsin Electric & Machinery Mfg Corp 1513 | 1.1 % | +6.0 % | 73 |
| QuantumScape Corporation Class A Common Stock QS | 1.1 % | −64.5 % | 40 |
| Xinyi Solar Holdings Ltd 0968 | 1.0 % | +125.3 % | 54 |
| Simplo Technology Co Ltd 6121 | 0.9 % | +16.8 % | 61 |
| SMA Solar Technology AG S92 | 0.9 % | +22.3 % | 53 |
| SolarEdge Technologies Inc SEDG | 0.9 % | +25.5 % | 53 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 40 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 KWEB KraneShares CSI China Internet ETF 49.7 % below FV
- 2 CHIQ Global X MSCI China Consumer Disc ETF 49.3 % below FV
- 3 CHIU Global X MSCI China Utilities ETF 45.9 % below FV
- 4 MCHI iShares MSCI China ETF 36.3 % below FV
- 5 FLCH Franklin FTSE China ETF 35.9 % below FV
- 6 FDNI First Trust Dow Jones International Internet ETF 28.4 % below FV
- 7 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF 26.1 % below FV
- 8 ITB iShares U.S. Home Construction ETF 23.0 % below FV
- 9 FDEM Fidelity® Emerging Markets Multifactor ETF 17.0 % below FV
- 10 XLC Communication Services Select Sector SPDR® Fund 16.2 % below FV
Frequently asked about CTEC
Is CTEC overvalued?
What is the fair value of CTEC?
How do you calculate the fair value of an ETF?
Which stocks drive the valuation of CTEC?
What is the expense ratio of CTEC?
How we value this ETF
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives Global X CleanTech ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Oct 26, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.