Share-split context: A reverse split was recorded on Sep 2, 2025 with coefficient 0.2. A reverse split combines multiple old shares into fewer new shares and mechanically raises the quoted price per share. That mechanical increase does not restore lost investment value. The returns in this report are already split-adjusted, while reverse-split history remains a separate structural warning.

ETF Education Report: Global X Cleantech ETF (CTEC)

What this ETF is trying to do

The Global X Cleantech ETF (CTEC) is an exchange-traded fund that focuses on the clean technology sector. Based on its top holdings, it invests in companies involved in areas like wind energy, solar power, and battery technology. Examples of companies in its portfolio include Samsung SDI Co Ltd, Vestas Wind Systems AS, and Bloom Energy Corp Class A. Please note that the list of holdings is partial and can change over time.

What the numbers show

When looking at how this ETF has performed, it is important to understand two different types of returns: price return and total return.

• Price Return: This measures only the change in the share price.

• Total Return: This includes both the share price changes and any cash distributions (dividends) paid out.

According to the data:

• Year-to-Date (YTD): The price return is approximately 5.86%, while the total return is approximately 5.98%.

• One-Year: The price return is approximately 4.21%, while the total return is approximately 4.88%.

• Three-Year: The price return is approximately 10.87%, while the total return is approximately 14.18%.

It is also important to note that this ETF has a history of a reverse split. On September 2, 2025, a reverse split occurred where multiple old shares were combined into fewer new shares. This caused the quoted per-share price to rise mechanically, but this does not mean the investment value increased because of the split itself.

Income and distribution explanation

This ETF provides some cash income through distributions. The current distribution yield is approximately 0.63%. This number describes the cash paid out relative to the current ETF price. The fund has made two distributions in the last 12 months, and the frequency is described as irregular or less frequent.

NAV erosion explanation

"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). While a falling share price can sometimes be a sign of erosion, it is not proof of it. For CTEC, the erosion-risk score is 94, which is labeled as "Stable / sideways," and the erosion severity is rated as "good." There is no severe erosion-risk flag for this ETF.

Pros

• The fund shows positive total returns over the one-year and three-year periods.

• The erosion-risk measurement suggests a stable trend rather than significant price deterioration.

Cons

• The five-year total return is approximately -35.94%, showing significant decline over a longer period.

• The distribution yield is relatively low at 0.63%.

Beginner takeaway

When looking at ETFs like CTEC, remember that price returns and total returns are different. Total return gives a better picture of overall performance because it includes cash payments. Also, while distributions provide income, they are not the same as total growth. Always look at both the price movement and the dividends to understand how an investment is performing.