Global X CleanTech ETF
$67.17
-52.0%
Jun 17, 2026
D
WeakGraded against CTEC's own history at this drawdown — not the market's.
What it means: CTEC's own history does not strongly favor buying at this level yet.
What to do: Consider watching and waiting for a deeper dip or a higher grade.
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.
Three plain-English paragraphs — current state, historical base rate, and interpretation — so you walk away with context, not a dashboard.
In plain terms: CTEC is 52% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.
CTEC (Global X CleanTech ETF) is 52.0% below its historical peak. Tape reads in a severe drawdown, with the last trade at $67.17. A 35-60% drawdown is the territory where most retail investors capitulate. It's also where the highest-probability historical entries have clustered for resilient assets.
Across all available history, CTEC has spent enough trading days in the 55%-to-50% drawdown band to build a meaningful sample (118 observations). Dipsern segments these by drawdown depth and computes the rolling median forward 90-day return — that median is the primary signal you see in the full app, and it's substantially more robust than mean-based forecasts because it ignores fat-tail outliers in both directions.
For broad-index ETFs the historical base rate is exceptionally stable; for narrow thematic ETFs (e.g., ARKK, cannabis, leveraged), drawdowns are deeper and the sample size at each band is smaller. Severe drawdowns are where Dipsern's segmentation provides the most edge: ordinary base rates don't apply, but the asset's own history at this exact depth does. The forward-return distribution here is bimodal — either rapid recovery or continued decline.
Five tickers closest to CTEC's distance from all-time high. Same category, one tap away.
Dipsern segments the full drawdown range into 20 equal-width bands. The table shows the number of confirmed historical observations in each band for CTEC. Median forward returns, win rates, and prediction errors are available in the full analysis.
We segment 40+ years of CTEC's price history into 20 equal-width drawdown bands and compute forward median returns, win rates, and prediction error per band. No look-ahead bias. Pure NumPy. Open math, gated numbers.
Years of history
40+
Drawdown bands
20
Look-ahead bias
None
Data sources
4
See the Dipsern grade, median returns, win rates, prediction accuracy, 8 interactive charts, historical price paths, and a plain-English verdict for CTEC.
Dipsern is research and a second opinion — not a broker. You'd buy CTEC at your own broker.
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Signal computed Jun 17, 2026 using default parameters (90-day return period, 20 segments, 0.95 decay). Data sourced from Yahoo Finance, Binance, CoinGecko, and Steam Market.