Global X Wind Energy ETF (WNDY)
Global X Wind Energy ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $12.35, up 0.28% on the session, giving a market capitalisation of $1.7M. Its beta of 0.98 implies it has historically moved less than the broad market.
This investment vehicle directs a substantial portion—at least 80%—of its total capital, plus any funds borrowed for investment, into the components of its reference index. This includes direct holdings as well as American and Global Depositary Receipts representing those same index constituents. The reference index itself is structured to offer exposure to businesses poised to thrive from ongoing innovations in wind power generation. Importantly, this fund is classified as non-diversified.
Global X Wind Energy ETF is most often compared with the following Financial Services names: