Invesco Solar ETF
$44.38+0.90 (+2.07%)
- 0.70%
- $886M
- −3.3%
- 0.00%
- 1M sh
- $43.75
- low $42.46high $75.60
The ETF.net TAN Grade
D
Score 36 out of 100
- 15 of 17
Score 36 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F13 out of 100Rank 15 of 17Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F24 out of 100Rank 15 of 17Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A86 out of 100Rank 3 of 17Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D25 out of 100Rank 16 of 17Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A85 out of 100Rank 2 of 17
Our read on TAN
DThe purest way to buy the sun. Since 2008 this fund has tracked one index of roughly 40 solar companies, panel makers to installers, rather than blending solar into a mixed clean-energy basket.
The fund seeks to provide exposure to the MAC Global Solar Energy Index.
Why people hold it
- One theme, taken literally: about 40 solar names via the MAC Global Solar Energy Index, with no wind or hydro riding along.invesco.com
- Trading since April 2008, it has run through solar's full boom-and-bust cycles and sits in the upper half of its clean energy peer group.
- A multi-billion-dollar fund that trades actively, so building or exiting a position rarely means wrestling with a thin order book.
Worth knowing
- The 0.70% fee sits above the clean energy median. Broader rivals ICLN and FRNW charge 0.39% for wider coverage of the theme.
- Roughly 40 stocks in a single industry: moves here land harder than in a diversified fund, in both directions.
- Not an income holding. The fund has recently gone without paying distributions.
TAN Holdings
- Stocks
- 39
- 61%
- NXT
Sectors
- Energy57.7%
- Utilities29.8%
- Financials5.0%
- Industrials4.3%
- Technology3.2%
Geography
- United States46.16%
- Israel20.87%
- China6.98%
- Taiwan5.58%
- Spain5.05%
- Hong Kong4.54%
- Germany2.39%
- Norway1.91%
- 6.50%
Developed 31% · Emerging 69%
TAN Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
TAN$9,673
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | TAN |
|---|---|
| Year to date | −11.5% |
| 1 month | −7.8% |
| 3 months | −20.9% |
| 1 year | −3.3% |
| 3 years | −3.7% |
| 5 years | −12.6% |
| 10 years | +8.9% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | TAN |
|---|---|---|
| 2026 YTD | −11.5% | |
| 2025 | +48.3% | |
| 2024 | −37.6% | |
| 2023 | −26.8% | |
| 2022 | −5.2% | |
| 2021 | −25.1% | |
| 2020 | +233.9% |
TAN in the news
TAN Dividends
- 0.00%
No distributions in the last 12 months.
Distribution history
TAN Risk
- 39.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.05
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −74.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.85
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TAN Cost
0.70%
TAN0.70%
- The middle half of Clean Energy funds
- Median 0.59%
14 of the 17 Clean Energy funds charge less.
Other funds in Clean Energy
- CSMOGVanEck Low Carbon Energy ETFExpense ratio 0.64%1 year return +9.1%
- CPBDInvesco Global Clean Energy ETFExpense ratio 0.75%1 year return +8.2%
- DCTEXProShares - S&P Kensho Cleantech ETFExpense ratio 0.58%1 year return −5.6%
- DRNRGGlobal X - Renewable Energy Producers ETFExpense ratio 0.65%1 year return −1.5%
- FKGRNKraneShares MSCI China Clean Technology Index ETFExpense ratio 0.79%1 year return −24.8%