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Invesco Solar ETF (TAN)

ETF · Currency in USD · Last updated May 27, 2023

TAN is a passive ETF by Invesco tracking the investment results of the MAC Global Solar Energy Index. TAN launched on Apr 15, 2008 and has a 0.69% expense ratio.

ETF Info

ISINUS46138G7060
CUSIP46138G706
IssuerInvesco
Inception DateApr 15, 2008
RegionDeveloped Markets (Broad)
CategoryAlternative Energy Equities
Index TrackedMAC Global Solar Energy Index
ETF Home Pagewww.invesco.com
Asset ClassEquity

Asset Class Size

Multi-Cap

Asset Class Style

Blend

Expense Ratio

The Invesco Solar ETF has a high expense ratio of 0.69%, indicating higher-than-average management fees.


0.69%
0.00%2.15%

Share Price Chart


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Performance

The chart shows the growth of an initial investment of $10,000 in Invesco Solar ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-50.00%0.00%50.00%100.00%150.00%200.00%December2023FebruaryMarchAprilMay
-62.71%
215.15%
TAN (Invesco Solar ETF)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with TAN

Invesco Solar ETF

Popular comparisons: TAN vs. ICLN, TAN vs. QCLN, TAN vs. CNRG, TAN vs. ACES, TAN vs. FAN, TAN vs. RAYS, TAN vs. DRIV, TAN vs. BUG, TAN vs. SMOG, TAN vs. WNDY

Return

Invesco Solar ETF had a return of -2.98% year-to-date (YTD) and -0.72% in the last 12 months. Over the past 10 years, Invesco Solar ETF had an annualized return of 11.97%, outperforming the S&P 500 benchmark which had an annualized return of 9.79%.


PeriodReturnBenchmark
1 month-1.69%0.86%
Year-To-Date-2.98%9.53%
6 months-14.21%4.45%
1 year-0.72%1.14%
5 years (annualized)22.89%9.36%
10 years (annualized)11.97%9.79%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
202310.78%-8.06%4.50%-7.27%
2022-3.17%17.82%-13.15%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for Invesco Solar ETF (TAN) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
TAN
Invesco Solar ETF
0.13
^GSPC
S&P 500
0.27

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Invesco Solar ETF Sharpe ratio is 0.13. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.50December2023FebruaryMarchAprilMay
0.13
0.27
TAN (Invesco Solar ETF)
Benchmark (^GSPC)

Dividend History

Invesco Solar ETF granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$0.00$0.00$0.00$0.09$0.09$0.13$0.44$0.83$0.49$0.64$0.45$1.42

Dividend yield

0.00%0.00%0.00%0.09%0.30%0.70%1.79%5.19%1.73%2.06%1.43%10.31%

Monthly Dividends

The table displays the monthly dividend distributions for Invesco Solar ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00$0.00$0.00
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.09
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.09
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.13
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.44
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.83
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.49
2014$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.64
2013$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.45
2012$1.42

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%December2023FebruaryMarchAprilMay
-67.16%
-12.32%
TAN (Invesco Solar ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Invesco Solar ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Invesco Solar ETF is 95.22%, recorded on Nov 20, 2012. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-95.22%May 19, 20081137Nov 20, 2012
-6.53%Apr 17, 200811May 1, 20088May 13, 200819
-0.1%May 15, 20081May 15, 20081May 16, 20082

Volatility Chart

The current Invesco Solar ETF volatility is 7.06%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%December2023FebruaryMarchAprilMay
7.06%
3.82%
TAN (Invesco Solar ETF)
Benchmark (^GSPC)