Invesco Solar ETF (TAN)
| 53.66 BATS BZX Real-Time Price As of 10:39am ET |  -1.56 / -2.83%Today’s Change | 21.14 Today|||52-Week Range 57.95 | +74.22% 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 "underlying index"). The fund will invest at least 90% of its total assets in the securities (including ADRs and GDRs) that comprise the underlying index. The underlying index is designed to provide exposure to companies listed on exchanges in developed markets that derive a significant amount of their revenues from the following business segments of the solar industry: solar power equipment producers including ancillary or enabling products; etc. The fund is non-diversified.
Latest TAN News
| 5 ETF Areas That Have Surged At Least 50% This Year Sep 17 / Zacks.com - Paid Partner Content | Beaten-Down ETFs to Buy After Market Rout Sep 08 / Zacks.com - Paid Partner Content |
| Clean Renewable Energy And Electric Vehicles Will Possibly Be The Biggest Trend/Disruption This Decade Sep 17 / Seeking Alpha - Paid Partner Content | Renewable Energy Is Set For Exponential Growth In The Years Ahead Sep 02 / Seeking Alpha - Paid Partner Content |
| 6 Sector ETFs Surviving the Market Rout Sep 14 / Zacks.com - Paid Partner Content | Solar, wind dominate world's new power generation - Bloomberg Sep 01 / Seeking Alpha - Paid Partner Content |
Performance
| 1 month | +4.89% | 3 years | +36.01% | |
| 3 months | +60.30% | 5 years | +14.46% | |
| 1 year | +76.91% | Since inception | -9.40% |
Data through 09/18/2020
Quote Details
| Previous close | $55.22 |
| Open day’s range | 53.00 – 54.41 |
| Net asset value (NAV) | 54.68 (09/17/2020) |
| Daily volume | 156,798 |
| Average volume (3 months) | 568,224 |
Data as of 10:39am ET, 09/21/2020
Peer Comparisonvs. Miscellaneous sector ETFs
| TAN | Category | |
|---|---|---|
| Performance 5-yr return | +14.46% | +13.67% |
| Expense Gross exp ratio | 0.71% | 1.13% |
| Risk 5 year sharpe ratio | 0.56 | -- |
| Net assets | $1.3B | $2.3M |
| Average market cap | $4.0B | $12.0B |
| Average P/E | 29.0 | 26.6 |
| Dividend / Share | -- | 0.06% |
Competitors
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
| RUN Sunrun Inc | 9.90% |
| SEDG Solaredge Technologies Inc | 8.54% |
| ENPH Enphase Energy Inc | 7.27% |
| FSLR First Solar Inc | 6.92% |
| VSLR Vivint Solar Inc | 6.36% |
| -- | 6.17% |
| CSIQ Canadian Solar Inc | 4.68% |
| -- | 4.62% |
| -- | 4.43% |
| DQ Daqo New Energy Corp | 4.28% |
