Invesco Solar ETF (TAN)
| 66.27 Delayed Data As of May 24 |  -0.04 / -0.06%Today’s Change | 55.54 Today|||52-Week Range 101.58 | -13.90% 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.
Latest TAN News
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Performance
| 1 month | +3.97% | 3 years | +39.37% | |
| 3 months | +13.10% | 5 years | +30.75% | |
| 1 year | -14.15% | Since inception | -6.94% |
Data through 05/24/2022
Quote Details
| Previous close | $66.31 |
| Open day’s range | 65.58 – 66.98 |
| Net asset value (NAV) | 67.52 (05/23/2022) |
| Daily volume | 35 |
| Average volume (3 months) | 1,257,401 |
Data as of 4:00pm ET, 05/24/2022
Peer Comparisonvs. Miscellaneous sector ETFs
| TAN | Category | |
|---|---|---|
| Performance 5-yr return | +30.75% | +13.67% |
| Expense Gross exp ratio | 0.66% | -- |
| Risk 5 year sharpe ratio | 0.85 | -- |
| Net assets | $2.0B | -- |
| Average market cap | $5.0B | $11.5B |
| Average P/E | 20.7 | 22.4 |
| Dividend / Share | -- | 0.04% |
Competitors
| GRID First Trust NASDAQ® Clean Edge® Smart ... |
| XT iShares Exponential Technologies ETF |
| DRIV Global X Autonomous & Electric Vehicles ... |
Holdings
Top 5 SectorsPortfolio weighting
| Hardware | 93.57% |
| Industrial materials | 5.34% |
| Utilities | 1.09% |
| Business service | 0.00% |
| Consumer goods | 0.00% |
Top 10 HoldingsPortfolio weighting
| ENPH Enphase Energy Inc | 10.97% |
| SEDG Solaredge Technologies Inc | 9.03% |
| FSLR First Solar Inc | 6.63% |
| -- | 6.49% |
| -- | 5.64% |
| RUN Sunrun Inc | 4.09% |
| DQ Daqo New Energy Corp | 3.98% |
| JKS JinkoSolar Holding Co Ltd | 3.88% |
| -- | 3.38% |
| AY Atlantica Sustainable Infrastructure PLC | 2.84% |
