Global X Wind Energy UCITS ETF USD Accumulating

Global X Wind Energy UCITS ETF USD Accumulating is an equity exchange-traded fund designed to provide exposure to companies at the forefront of the global wind energy industry. Its primary function is to replicate the performance of the Solactive Wind Energy Index by investing directly in a diversified portfolio of firms engaged in wind power generation, wind turbine manufacturing, and supporting technologies. With a focus on sustainability, the fund covers enterprise leaders across utilities and industrial sectors, reflecting the industry's broad international footprint, notably in China, Denmark, Spain, and Germany. Featuring a physical, full-replication approach and an accumulating structure, the ETF automatically reinvests any dividends rather than distributing them to holders, supporting potential compound growth over time. Launched in 2022 and domiciled in Ireland, it is compliant with UCITS regulatory standards, offering transparency and diversification benefits to investors seeking targeted access to the renewable energy transition and the expanding role of wind power in global electricity generation. The fund’s relatively high concentration in its top holdings, such as Ørsted A/S and Vestas Wind Systems, highlights its commitment to key industry players.