Global X CleanTech vs TORM plc — how do they compare? Global X CleanTech trades at $56.49, while TORM plc trades at $29.7 (market cap $2.98B). The key difference: TORM plc pays a 9.7% dividend while Global X CleanTech pays none, and TORM plc is trading nearer its 52-week high, Global X CleanTech nearer its low. Which is the better fit depends on your goals.
| CTEC | TRMD | |
|---|---|---|
Sector | Sector/Thematic | Technology |
52-Week High | $78.11 | $34.87 |
52-Week Low | $39.45 | $17.46 |
Market Cap | — | $2.98B |
Enterprise Value | — | $3.86B |
Dividend Yield | — | 9.7% |
Trailing returns across standard periods
CTEC invests in companies at the forefront of the clean technology industry. It focuses on disruptive innovations in renewable energy production, energy storage, smart grids, and energy efficiency, with top holdings like Enphase and First Solar.
Read more on CTEC →TORM plc is one of the world's largest owners and operators of product tankers, specializing in the transportation of refined oil products like gasoline, jet fuel, and diesel. Operating under its integrated 'One TORM' model, the company maintains a modern, wholly-owned fleet of nearly 90 vessels. It is widely recognized by investors for its aggressive variable dividend policy, which returns a significant portion of its cash flow directly to shareholders during periods of high freight rates.
Read more on TRMD →