EQM Global Solar Energy Index

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  • Companies must derive at least 5% revenue from solar-related business operations. This includes the following business segments:
    • Manufacturing of photovoltaic, solar cells, and systems;
    • Producers of solar power
    • Generation, equipment, and components;
    • Providers of solar power system installation, development, and financing, and/or
    • Manufacturing of solar-powered charging and energy storage systems.
  • Listing on a regulated stock exchange in the form of shares tradeable for foreign investors without restrictions, excluding U.S. Over-the-Counter listed companies.
  • Market capitalization of at least $250 million USD.
  • Average daily traded value of at least $2 million over the last six months.
  • China-headquartered companies will be included only if exchange traded ADR versions or Hong Kong exchange traded versions are available.
  • Companies will be screened for compliance with UN Global Compact principles plus operational business involvement in the fields of oil sands, fossil fuel, or controversial
    weapons.

The daily price and return of the EQM Global Solar Energy Index is calculated and published by Solactive AG, a leading index developer, and calculation/publication agent for the ETP industry.

 

The EQM Global Solar Energy Index has been licensed as a UCITS ETF. Link coming soon.

The EQM Global Solar Energy Index is an EQM Indexes created index. Please email inquiries to info@eqmindexes.com.

 

Quotes for the EQM Solar Energy Index can be found each day under the symbol (SOLAR) on the EQMIndexes.com website and from other financial data providers. Quotes, returns, historical prices, and constituent weightings will also be updated daily on EQMIndexes.com.

 

The company did not meet the selection criteria when the index was last reconstituted. Companies that now meet index selection criteria will become candidates for inclusion at the next reconstitution date.

Eligible initial public offerings will be considered for inclusion on the index’s next scheduled quarterly reconstitution date.

 

If an index component’s stock is discontinued due to a merger or acquisition, the index committee may, at its sole discretion, replace the discontinued component at the time of discontinuation if more than 30 calendar days remain until the next reconstitution date. The discontinued component will either be deleted entirely or be replaced with the next eligible security from a reserve list. The replacement will be given the appropriate weighting given the securities country of domicile. If there are not more than 30 calendar days remaining until the next reconstitution date, the index committee will wait until the next reconstitution date to make the replacement. In this scenario, any funds received from the discontinued security will be distributed to the remaining index components pro rata.

The index is rebalanced quarterly on the last Thursday of February, May, August, and November.

 

The index follows a revenue-weighting methodology. Each component is assigned an initial weight according to its year-over-year quarterly revenue growth percentage. All eligible securities that demonstrate a positive year-over-year quarterly revenue percentage growth are selected. If less than 30 securities do not meet the criterion, the top 30 securities based on its year-over-year quarterly revenue percentage growth are selected.