PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
Invesco Solar ETF (TAN)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US46138G7060

CUSIP

46138G706

Issuer

Invesco

Inception Date

Apr 15, 2008

Region

Developed Markets (Broad)

Leveraged

1x

Index Tracked

MAC Global Solar Energy Index

Asset Class

Equity

Asset Class Size

Multi-Cap

Asset Class Style

Blend

Share Price Chart


Loading data...

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


-100.00%0.00%100.00%200.00%300.00%JuneJulyAugustSeptemberOctoberNovember
-82.20%
339.93%
TAN (Invesco Solar ETF)
Benchmark (^GSPC)

Returns By Period

Invesco Solar ETF had a return of -35.69% year-to-date (YTD) and -24.49% in the last 12 months. Over the past 10 years, Invesco Solar ETF had an annualized return of 0.55%, while the S&P 500 had an annualized return of 11.11%, indicating that Invesco Solar ETF did not perform as well as the benchmark.


TAN

YTD

-35.69%

1M

-9.11%

6M

-19.48%

1Y

-24.49%

5Y (annualized)

4.37%

10Y (annualized)

0.55%

^GSPC (Benchmark)

YTD

23.08%

1M

0.10%

6M

10.70%

1Y

30.05%

5Y (annualized)

13.52%

10Y (annualized)

11.11%

Monthly Returns

The table below presents the monthly returns of TAN, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-20.58%1.84%5.14%-11.11%19.71%-16.71%4.77%-2.02%4.43%-7.61%-35.69%
202310.78%-8.06%4.50%-7.27%-2.79%2.06%-4.03%-15.04%-11.06%-18.94%9.19%16.49%-26.79%
2022-14.93%9.15%5.58%-14.88%10.70%0.41%19.86%-1.45%-12.71%-3.17%17.82%-13.15%-5.24%
20215.77%-6.78%-9.43%-9.39%-4.86%12.92%-4.10%-0.05%-6.63%23.95%-9.70%-13.99%-25.10%
20204.38%13.44%-30.82%19.38%12.08%6.93%24.68%26.17%14.09%6.14%22.99%21.61%233.96%
201925.55%7.00%-7.06%8.33%2.31%10.13%4.39%3.52%-3.86%-4.36%-0.36%10.37%66.53%
2018-0.28%-3.15%1.19%0.24%3.49%-9.34%-1.56%-4.00%-4.99%-10.85%13.85%-11.26%-25.67%
20174.35%8.50%-7.89%1.27%5.77%7.46%8.80%0.28%-0.23%10.76%2.46%4.11%54.38%
2016-17.72%-6.98%-3.37%5.12%-7.60%-4.77%2.19%-2.38%-2.87%-5.96%-8.22%-0.79%-43.24%
2015-0.79%16.76%12.48%5.78%-9.60%-7.70%-9.94%-16.28%-10.25%12.28%-10.94%17.25%-8.74%
201411.80%18.74%-5.33%-7.53%-0.22%9.27%-11.55%10.07%-6.31%-5.66%-6.83%-2.76%-1.24%
201314.58%0.17%-10.86%27.38%22.27%-4.70%20.08%-4.77%27.06%5.22%6.33%-7.68%127.90%

Expense Ratio

TAN features an expense ratio of 0.69%, falling within the medium range.


Expense ratio chart for TAN: current value at 0.69% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.69%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of TAN is 2, indicating that it is in the bottom 2% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of TAN is 22
Combined Rank
The Sharpe Ratio Rank of TAN is 22
Sharpe Ratio Rank
The Sortino Ratio Rank of TAN is 22
Sortino Ratio Rank
The Omega Ratio Rank of TAN is 22
Omega Ratio Rank
The Calmar Ratio Rank of TAN is 22
Calmar Ratio Rank
The Martin Ratio Rank of TAN is 22
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


Sharpe ratio
The chart of Sharpe ratio for TAN, currently valued at -0.65, compared to the broader market0.002.004.00-0.652.48
The chart of Sortino ratio for TAN, currently valued at -0.79, compared to the broader market-2.000.002.004.006.008.0010.0012.00-0.793.33
The chart of Omega ratio for TAN, currently valued at 0.91, compared to the broader market0.501.001.502.002.503.000.911.46
The chart of Calmar ratio for TAN, currently valued at -0.31, compared to the broader market0.005.0010.0015.00-0.313.58
The chart of Martin ratio for TAN, currently valued at -1.24, compared to the broader market0.0020.0040.0060.0080.00100.00-1.2415.96
TAN
^GSPC

The current Invesco Solar ETF Sharpe ratio is -0.65. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Invesco Solar ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
-0.65
2.48
TAN (Invesco Solar ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Invesco Solar ETF provided a 0.14% dividend yield over the last twelve months, with an annual payout of $0.05 per share.


0.00%1.00%2.00%3.00%4.00%5.00%$0.00$0.20$0.40$0.60$0.8020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.05$0.05$0.00$0.00$0.09$0.09$0.13$0.45$0.84$0.49$0.64$0.45

Dividend yield

0.14%0.09%0.00%0.00%0.09%0.30%0.70%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$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$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$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$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$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$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$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$0.45$0.45
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.84$0.84
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$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$0.64
2013$0.45$0.45

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-84.32%
-2.18%
TAN (Invesco Solar ETF)
Benchmark (^GSPC)

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 84.32%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-95.29%May 19, 20081137Nov 20, 2012
-6.53%Apr 17, 200811May 1, 20088May 13, 200819
-0.1%May 15, 20081May 15, 20081May 16, 20082

Volatility

Volatility Chart

The current Invesco Solar ETF volatility is 16.04%, 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.


0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
16.04%
4.06%
TAN (Invesco Solar ETF)
Benchmark (^GSPC)