Global X CleanTech vs Materials Select Sector SPDR Fund — how do they compare? Global X CleanTech trades at $58.44, while Materials Select Sector SPDR Fund trades at $53.3. The key difference: Materials Select Sector SPDR Fund is trading nearer its 52-week high, Global X CleanTech nearer its low. Which is the better fit depends on your goals.
| CTEC | XLB | |
|---|---|---|
Sector | Sector/Thematic | — |
52-Week High | $78.11 | $53.62 |
52-Week Low | $41.08 | $42.23 |
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 →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: chemicals; metals and mining; paper and forest products; containers and packaging; and construction materials. The fund is non-diversified.
Read more on XLB →