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.
Latest TAN News
| Top ETF Stories of Q3 Sep 30 / Zacks.com - Paid Partner Content |
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 range | 72.58 – 75.16 |
| Net asset value (NAV) | 73.21 (09/29/2022) |
| Daily volume | 733,756 |
| Average volume (3 months) | 1,463,511 |
Data as of 4:01pm ET, 09/30/2022
Peer Comparisonvs. Miscellaneous sector ETFs
| TAN | Category | |
|---|---|---|
| Performance 5-yr return | +28.32% | +13.67% |
| Expense Gross exp ratio | 0.66% | -- |
| Risk 5 year sharpe ratio | 0.87 | -- |
| Net assets | $3.0B | -- |
| Average market cap | $5.9B | $11.3B |
| Average P/E | 23.8 | 21.6 |
| 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 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 | 12.77% |
| FSLR First Solar Inc | 9.80% |
| SEDG Solaredge Technologies Inc | 8.04% |
| RUN Sunrun Inc | 5.49% |
| -- | 4.59% |
| -- | 4.39% |
| DQ Daqo New Energy Corp | 3.22% |
| -- | 2.85% |
| ARRY Array Technologies Inc | 2.83% |
| SHLS Shoals Technologies Group Inc | 2.81% |
