Invesco Solar ETF (TAN)

73.66
Delayed Data
As of Sep 30
 +0.05 / +0.07%
Today’s Change
55.54
Today|||52-Week Range
101.58
-4.30%
Year-to-Date

Investment Objective

The investment seeks to track the investment results (before fees and expenses) of the MAC Global Solar Energy Index. The fund will generally invest at least 90% of its total assets in the securities that comprise the underlying index.Strictly in accordance with its guidelines and mandated procedures, MAC Indexing LLC, has contracted with S&P DJI Netherlands B.V. to calculate and administer the underlying index, which is a rules-based index that seeks to track the performance of companies in global solar energy businesses. The fund is non-diversified.

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Performance

1 month-13.39% 3 years+35.81%
3 months+5.19% 5 years+28.32%
1 year-7.38% Since inception-6.26%
Data through 09/30/2022

Quote Details

Previous close$73.61
Open day’s range72.58 – 75.16
Net asset value (NAV)73.21 (09/29/2022)
Daily volume733,756
Average volume (3 months)1,463,511
Data as of 4:01pm ET, 09/30/2022

Peer Comparisonvs. Miscellaneous sector ETFs

 TANCategory
Performance 5-yr return+28.32%+13.67%
Expense Gross exp ratio0.66%--
Risk 5 year sharpe ratio0.87--
Net assets$3.0B--
Average market cap$5.9B$11.3B
Average P/E23.821.6
Dividend / Share--0.04%

Competitors

XT iShares Exponential Technologies ETF
GRID First Trust NASDAQ® Clean Edge® Smart ...
DRIV Global X Autonomous & Electric Vehicles ...

Holdings

Top 5 Sectors
Portfolio weighting
Hardware 93.57%
Industrial materials 5.34%
Utilities 1.09%
Business service 0.00%
Consumer goods 0.00%
Top 10 Holdings
Portfolio weighting
ENPH Enphase Energy Inc12.77%
FSLR First Solar Inc9.80%
SEDG Solaredge Technologies Inc8.04%
RUN Sunrun Inc5.49%
-- 4.59%
-- 4.39%
DQ Daqo New Energy Corp3.22%
-- 2.85%
ARRY Array Technologies Inc2.83%
SHLS Shoals Technologies Group Inc2.81%