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 |
| ETF 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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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.
Compare to other instruments
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%.
| Period | Return | Benchmark |
|---|---|---|
| 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
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 10.78% | -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 ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
TAN Invesco Solar ETF | 0.13 | ||||
^GSPC S&P 500 | 0.27 |
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.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
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, 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 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.