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 +3.4%
3-month +21.9%
Year-to-date +33.2%
1-year +17.0%
2-year (CAGR) -12.7%
5-year (CAGR) +5.0%
As of: 9/15/2017

INDEX DATA

MAC Global Solar Energy Index SUNIDX
Number of Securities 24
Market Cap Weighting Method Modified Market Cap
Index Type Total Return Index
Median Market Capitalization $900 million

GEOGRAPHICAL BREAKDOWN BY COMPANY HEADQUARTERS

North America 10
Asia 9
Europe 5
Total 24
headquarters

GEOGRAPHICAL BREAKDOWN BY PRIMARY EXCHANGE LISTING

North America 14
Asia 5
Europe 5
Total 24
exchange-listing

BREAKDOWN BY STOCK CURRENCY

USD 14
HKD 5
NOK 2
EUR 2
CHF 1
Total 24
stock-currency

TOP INDEX SECTOR WEIGHTINGS

Information Technology 14
Industrials 2
Renewable Electricity 7
REIT 1
Total 24
sector-weighting

TOP INDEX CAPITALIZATION WEIGHTINGS

Large Cap (>$5 bln) 1
Mid Cap ($1-5 bln) 9
Small Cap (<$1bln) 14
Total 24
market-cap