Index Details

MAC Solar Index Methodology

  • Global passive solar energy index of qualified solar stocks listed on exchanges in developed countries.
  • Modified market cap weighting.
  • Diversified solar index including all solar technologies (crystalline and thin-film photovoltaic solar and solar thermal), the entire value chain (raw materials, manufacturing, installers, solar plant operations, financing, etc), and related solar equipment such as power inverters, encapsulates, etc.
  • Liquidity minimums for initial inclusion in the index include at least $150 million market cap and $750,000 in 1-month average daily trading value.
  • Pure-play solar stocks (solar revenue above 2/3) have an Exposure Factor of 1.0; Medium-Play stocks (solar revenue between 1/3 and 2/3) have an Exposure Factor of 0.5, which cuts their index weighting by half.
  • Quarterly index review on third Friday of March, June, Sep, Dec.
  • Click here for a more detailed index methodology description.

Calculated by S&P Dow Jones Indicies

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INDEX PERFORMANCE

1-month +1.8
3-month +3.6%
Year-to-date +0.4%
1-year +41.2%
2-year (CAGR) +2.6%
5-year (CAGR) +8.1%
As of: 3/16/2017

INDEX DATA

MAC Global Solar Energy Index SUNIDX
Index Inception 31-Mar-2008
Number of Securities 22
Market Cap Weighting Method Modified Market Cap
Index Type Total Return Index
Median Market Capitalization $1 billion

GEOGRAPHICAL BREAKDOWN BY COMPANY HEADQUARTERS

North America 9
Asia 7
Europe 6
Total 22
headquarters

GEOGRAPHICAL BREAKDOWN BY PRIMARY EXCHANGE LISTING

North America 12
Asia 4
Europe 6
Total 22
exchange-listing

BREAKDOWN BY STOCK CURRENCY

USD 12
HKD 4
NOK 2
EUR 3
CHF 1
Total 22
stock-currency

TOP INDEX SECTOR WEIGHTINGS

Information Technology 11
Industrials 4
Renewable Electricity 6
REIT 1
Total 22
sector-weighting

TOP INDEX CAPITALIZATION WEIGHTINGS

Large Cap (>$5 bln) 1
Mid Cap ($1-5 bln) 9
Small Cap (<$1bln) 12
Total 22
market-cap