About TAN ETF
Overview: TAN offers a unique and popular take on renewable energy, holding a concentrated portfolio of companies involved in the solar energy industry. It is based on the MAC Global Solar Energy Index. The Fund will invest at least 90% of its total assets in the securities, American depositary receipts (ADRs) and global depositary receipts (GDRs) that comprise the Index. The index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are rebalanced quarterly. About the Fund Manager Invesco is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. Invesco manages $1,206.2 billion in assets on behalf of clients worldwide (as of September 30, 2020). Recommended for: Growth
Returns
| Performance | YTD | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|
| Invesco Solar ETF | -32.76% | 122.25% | 39.20% | 28.90% | 1.51% |
Asset Class
Asset type breakdown
TAN Holdings - Top 10
| Namei | Weightage (%) | |
|---|---|---|
| Enphase Energy Inc | 10.70% | |
| SolarEdge Technologies Inc | 10.39% | |
| Sunrun Inc | 7.31% | |
| Xinyi Solar Holdings Ltd | 6.42% | |
| First Solar Inc | 6.14% | |
| GCL-Poly Energy Holdings Ltd | 4.65% | |
| Daqo New Energy Corp ADR | 3.95% | |
| iShares MSCI South Korea ETF | 3.54% | |
| Scatec ASA | 3.49% | |
| SunPower Corp | 3.11% |
TAN Sectors/Industry Breakdown
| Sectori | % of market value | |
|---|---|---|
| Technology | 68.36% | |
| Utilities | 24.02% | |
| Real Estate | 2.59% | |
| Industrials | 2.30% | |
| Consumer Cyclicals | 0.92% | |
| Basic Materials | 0.44% | |
| Communication Services | 0.42% | |
| Financial Services | 0.40% | |
| Healthcare | 0.25% | |
| Consumer Defensive | 0.22% | |
| Energy | 0.08% |
TAN Countries
| Countryi | % of market value | |
|---|---|---|
| North America | 45.45% | |
| Asia Emerging | 22.03% | |
| Europe Developed | 14.92% | |
| Asia Developed | 8.96% | |
| Africa/Middle East | 3.23% | |
| United Kingdom | 2.97% | |
| Japan | 1.98% | |
| Europe Emerging | 0.46% |
Projected Returns
Returnsbased on historic SIP returns of 0.79% per annum
TAN Summary Data
| Total Net Assets | $ | i |
| Average Mkt Cap Mil | $ | i |
| Symbol | TAN | |
| Exchange | ARCX |
| Asset class | Equity |
TAN Portfolio Data & Volatility Analysis
| Net Expense Ratio | 0.69 | i |
| Beta | 1.47 | i |
| Valuations Rates Portfolio PE | 27.88991 | i |
| 3 Year Standard Deviation | 42.61 | i |
About Invesco
Invesco is an independent American investment manager founded in 1935 headquartered in Georgia, United States. Today, Invesco has a global presence and has investments across different asset classes. Invesco looks to invest in companies with solid financials and strong balance sheet and fixed income with investment grade debt rating.
