Invesco Solar ETF (TAN)
| 79.87 Delayed Data As of Feb 03 |  +0.14 / +0.18%Today’s Change | 55.54 Today|||52-Week Range 91.12 | +9.50% 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 seeks to track the performance of companies in global solar energy businesses. The fund is non-diversified.
Latest TAN News
| Zacks Investment Ideas feature highlights: Invesco Solar ETF, Array Technologies, Jinko Solar, Ishares China Large-Cap ETF and First Solar Jan 31 / Zacks.com - Paid Partner Content | Riggs Asset Managment Co. Inc. Buys 2, Sells 3 in 4th Quarter Jan 30 / GuruFocus News - Paid Partner Content |
| Sun is Shining on Solar: 3 Top Stocks to Buy Jan 30 / Zacks.com - Paid Partner Content |
Performance
| 1 month | +12.13% | 3 years | +36.47% | |
| 3 months | +16.51% | 5 years | +27.63% | |
| 1 year | +28.18% | Since inception | -5.39% |
Data through 02/03/2023
Quote Details
| Previous close | $79.73 |
| Open day’s range | 79.28 – 80.95 |
| Net asset value (NAV) | 82.02 (02/02/2023) |
| Daily volume | 760,166 |
| Average volume (3 months) | 1,125,062 |
Data as of 3:59pm ET, 02/03/2023
Peer Comparisonvs. Miscellaneous sector ETFs
| TAN | Category | |
|---|---|---|
| Performance 5-yr return | +27.63% | +13.67% |
| Expense Gross exp ratio | 0.69% | -- |
| Risk 5 year sharpe ratio | 0.74 | -- |
| Net assets | $2.6B | -- |
| Average market cap | $5.3B | $11.8B |
| Average P/E | 17.7 | 20.1 |
| Dividend / Share | -- | 0.06% |
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
| FSLR First Solar Inc | 11.46% |
| SEDG Solaredge Technologies Inc | 9.79% |
| ENPH Enphase Energy Inc | 6.75% |
| -- | 5.55% |
| -- | 5.20% |
| RUN Sunrun Inc | 4.99% |
| ARRY Array Technologies Inc | 3.32% |
| SHLS Shoals Technologies Group Inc | 3.21% |
| DQ Daqo New Energy Corp | 2.94% |
| -- | 2.80% |
