ETF Evaluator:
Global X ClimateTech ETF (CTEC)
Follow This ETF
(as of Jul 31)
Best Performing in Global Small/Mid Stock Over the Last Year
| 81.6% | Global X ClimateTech ETF (CTEC) |
| 58.2% | Invesco Global Clean Energy ETF (PBD) |
| 43.1% | Clough Select Equity ETF (CBSE) |
| 34.3% | Main Thematic Innovation ETF (TMAT) |
| 32.7% | Avantis All Equity Markets Value ETF (AVGV) |
Risk
Index
Risk
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ETF Details
Global X ClimateTech ETF Overview
Global X ClimateTech ETF (CTEC) is a passively managed International Equity Global Small/Mid Stock exchange-traded fund (ETF). Global X Funds launched the ETF in 2020.
The investment seeks to provide investment results that correspond generally to the price and yield performance, of the Indxx Global ClimateTech Index.
The fund invests at least 80% of its total assets, plus borrowings for investments purposes, in the securities of the index and in ADRs, GDRs based on the securities in the index. The index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of technologies focused on improving the efficiency of renewable energy production and/or mitigating the adverse environmental effects of resource consumption. It is non-diversified.
About Global X ClimateTech ETF (CTEC)
There are 2 members of the management team with an average tenure of 5.68 years: Nam To (2020) and Wayne Xie (2020). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: MSCI ACWI NR USD index with a weighting of 100% and Indxx Global Climate Tech NR USD index with a weighting of 100%. Global X ClimateTech ETF has 41 securities in its portfolio. The top 10 holdings constitute 57.8% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is considered to have an ESG focus with its investment selection and management.
Global X ClimateTech ETF is part of the Equity global asset class and is within the International Equity ETF group. Global X ClimateTech ETF has 53.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 46.8% There is 53.1% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Global X ClimateTech ETF has 0.0% of the portfolio in cash.
Assets Under Management
The fund has $28 million in total assets, which is below the $281 million average for the Global Small/Mid Stock category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
CTEC Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Global X ClimateTech ETF expense ratio is average compared to funds in the Global Small/Mid Stock category. Global X ClimateTech ETF has an expense ratio of 0.50%, which is 27% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Global X ClimateTech ETF has a portfolio turnover rate of 34%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 94% for the Global Small/Mid Stock category.
Recently, in the month of June 2026, Global X ClimateTech ETF returned -16.0%, which earned it a grade of F, as the Global Small/Mid Stock category had an average return of -1.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Global X ClimateTech ETF has a trailing yield of 0.55%, which is below the 1.59% category average.
The fund normally distributes its income semi-annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Global X ClimateTech ETF Grades
Year to date, the ETF has returned 21.2%, 4.4 percentage points better than the category, which translates into a grade of B. The fund has returned 81.6% over the past year (grade of A), -3.4% over the past three years (grade of F) and -8.4% per year over the past five years (grade of F).
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CTEC Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| CTEC Return (NAV) | -16.0% | 12.7% | 81.6% | -3.4% | -8.4% | na |
| CTEC Return (Price) | -15.4% | 11.1% | 83.3% | -3.2% | -8.4% | na |
| NAV +/- Price Return | -0.569% | 1.584% | -1.662% | -0.182% | 0.013% | na |
| Global Small/Mid Stock Avg | -1.8% | 11.6% | 28.9% | 12.5% | 1.2% | 4.2% |
| CTEC Grade (NAV) | F | B | A | F | F | na |
| +/- Category (NAV) | -14.2% | 1.2% | 52.7% | -15.9% | -9.6% | na |
| CTEC Tax-Cost Ratio | na | na | 0.3% | 0.4% | 0.3% | na |
CTEC Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| CTEC Return (NAV) | 21.2% | 56.7% | -35.8% | -25.8% | -16.6% | -21.7% | na | na | na | na | na |
| CTEC Return (Price) | 22.1% | 57.9% | -36.3% | -25.6% | -16.8% | -22.2% | na | na | na | na | na |
| NAV +/- Price Ret | 0.039% | 0.021% | 0.014% | -0.009% | 0.014% | 0.022% | na | na | na | na | na |
| Global Small/Mid Stock Avg | 16.8% | 21.5% | 3.5% | 3.0% | -21.6% | 0.3% | 44.8% | 26.2% | -16.9% | 19.7% | 3.3% |
| CTEC Grade (NAV) | B | A | F | F | B | F | na | na | na | na | na |
| +/- Category | 4.4% | 35.2% | -39.3% | -28.8% | 5.0% | -22.1% | na | na | na | na | na |
| Risk Measures | |
| Beta: | 2.06 |
| R-Squared: | 45% |
| Standard Deviation: | 38.6% |
| Category Risk Index: | 1.95 |
| Category Risk Rating: | High |
| Total Risk Index: | 3.17 |
| Total Risk Rating: | High |
| Portfolio Characteristics | |
| Yield: | 0.6% |
| Total Assets: | $ 28 Mil |
| Share Class Assets: | $ 28 Mil |
| Turnover: | 34.8% |
| Expense Ratio: | 0.50% |
| Index Fund: | Yes |
| Index Tracked: | MSCI ACWI NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | Yes |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Semi-Annually |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 5.7 years | |||
| Average Tenure: 5.7 years | |||
| Managers (Year): To Nam (2020), Xie Wayne (2020) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 41 |
| % in Top 10 Holdings: | 57.8% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 53.1% |
Portfolio Allocation |
|
| Domestic Stock: | 46.8% |
| Foreign Stock: | 53.1% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.0% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Global X Funds |
| Phone Number: | 888-493-8631 |
| Website: | www.globalxfunds.com |
| Inception Date: | October 27, 2020 |
Expenses and Fees
| Expense Ratio (%): | 0.50% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.68% |
