Invesco Solar ETF (TAN)
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
| ISIN | US46138G7060 |
|---|---|
| CUSIP | 46138G706 |
| Issuer | Invesco |
| Inception Date | Apr 15, 2008 |
| Region | Developed Markets (Broad) |
| Category | Alternative Energy Equities |
| Index Tracked | MAC Global Solar Energy Index |
| Home Page | www.invesco.com |
| Asset Class | Equity |
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.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: TAN vs. ICLN, TAN vs. QCLN, TAN vs. CNRG, TAN vs. RAYS, TAN vs. FAN, TAN vs. ACES, TAN vs. BUG, TAN vs. WNDY, TAN vs. DRIV, TAN vs. SMOG
Performance
Performance Chart
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.
Returns By Period
Invesco Solar ETF had a return of -25.12% year-to-date (YTD) and -48.55% in the last 12 months. Over the past 10 years, Invesco Solar ETF had an annualized return of 0.54%, while the S&P 500 had an annualized return of 10.42%, indicating that Invesco Solar ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -25.12% | 5.05% |
| 1 month | -9.27% | -4.27% |
| 6 months | -8.45% | 18.82% |
| 1 year | -48.55% | 21.22% |
| 5 years (annualized) | 9.46% | 11.38% |
| 10 years (annualized) | 0.54% | 10.42% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -20.58% | 1.84% | 5.14% | |||||||||
| 2023 | -11.06% | -18.94% | 9.19% | 16.49% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Invesco Solar ETF(TAN)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Invesco Solar ETF (TAN) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Invesco Solar ETF granted a 0.12% dividend yield in the last twelve months. The annual payout for that period amounted to $0.05 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.05 | $0.05 | $0.00 | $0.00 | $0.09 | $0.09 | $0.13 | $0.44 | $0.83 | $0.49 | $0.64 | $0.45 |
Dividend yield | 0.12% | 0.09% | 0.00% | 0.00% | 0.09% | 0.29% | 0.69% | 1.77% | 5.04% | 1.60% | 1.88% | 1.28% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 |
| 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 | $0.45 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco Solar ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Invesco Solar ETF was 95.29%, occurring on Nov 20, 2012. The portfolio has not yet recovered.
The current Invesco Solar ETF drawdown is 81.74%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -95.29% | May 19, 2008 | 1137 | Nov 20, 2012 | — | — | — |
| -6.53% | Apr 17, 2008 | 11 | May 1, 2008 | 8 | May 13, 2008 | 19 |
| -0.1% | May 15, 2008 | 1 | May 15, 2008 | 1 | May 16, 2008 | 2 |
Volatility
Volatility Chart
The current Invesco Solar ETF volatility is 10.72%, 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.