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ISIN
US46138G7060
CUSIP
46138G706
Issuer
Invesco
Inception Date
Apr 15, 2008
Region
Developed Markets (Broad)
Leveraged
1x (No leverage)
Index Tracked
MAC Global Solar Energy Index
Distribution Policy
Accumulating
Asset Class
Equity
Asset Class Size
Multi-Cap
Asset Class Style
Blend
Assets Under Management
$1B

Highlights

Avg. Volume (1M)
980K
Avg. Volume Value (1M)
$50.86M

Share Price Chart


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Performance

TAN Performance Chart

Invesco Solar ETF (TAN) is up 0.4% since the beginning of the year. TAN is currently trading at $49 per share. Investors who bought $1,000 worth of TAN shares 5 years ago would now be looking at an investment worth $579.


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Benchmark

Compare this symbol against anything

Returns By Period

Invesco Solar ETF (TAN) has returned 0.43% so far this year and 35.30% over the past 12 months. Over the last ten years, TAN has returned 9.52% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.


Invesco Solar ETF

1D
-1.02%
1M
-12.41%
6M
-8.39%
YTD
0.43%
1Y
35.30%
3Y*
-9.55%
5Y*
-10.35%
10Y*
9.52%
ALL TIME*
-7.13%

Benchmark (S&P 500 Index)

1D
0.70%
1M
0.09%
6M
7.94%
YTD
9.41%
1Y
20.07%
3Y*
17.84%
5Y*
11.25%
10Y*
13.26%
ALL TIME*
8.09%
*Multi-year figures are annualized to reflect compound growth (CAGR)

TAN Monthly Returns History

Based on dividend-adjusted daily data since Apr 15, 2008, TAN's average daily return is +0.01%, while the average monthly return is +0.21%. At this rate, an investment would double in approximately 27.5 years.

Historically, 50% of months were positive and 50% were negative. The best month was Mar 2009 with a return of +29.7%, while the worst month was Oct 2008 at -42.0%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, TAN closed higher 50% of trading days. The best single day was Nov 24, 2008 with a return of +21.9%, while the worst single day was Nov 20, 2008 at -18.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20269.63%2.14%1.29%4.85%26.57%-19.99%-16.60%0.43%
20252.05%-4.29%-5.84%-6.83%13.99%5.90%7.41%12.91%5.01%12.58%-0.43%0.43%48.31%
2024-20.58%1.84%5.14%-11.11%19.71%-16.71%4.77%-2.02%4.43%-7.61%-7.53%-9.63%-37.61%
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%

Benchmark Metrics

Invesco Solar ETF has an annualized alpha of -12.93%, beta of 1.43, and R2 of 0.41 versus S&P 500 Index. Calculated based on daily prices since April 15, 2008.

  • This ETF participated in 177.71% of S&P 500 Index downside but only 128.63% of its upside - more exposed to losses than it benefited from rallies.
  • R2 of 0.41 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.

Alpha
-12.93%
Beta
1.43
0.41
Upside Capture
128.63%
Downside Capture
177.71%

Expense Ratio

TAN has an expense ratio of 0.69%, placing it in the medium range.


Return for Risk

Risk / Return Rank

TAN ranks 34 for risk / return — above 34% of ETFs peers on PortfoliosLab. Its historical combined result is below the peer median.


TAN Risk / Return Rank: 3434
Overall Rank
TAN Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
TAN Sortino Ratio Rank: 3838
Sortino Ratio Rank
TAN Omega Ratio Rank: 3333
Omega Ratio Rank
TAN Calmar Ratio Rank: 3030
Calmar Ratio Rank
TAN Martin Ratio Rank: 3333
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

Risk / Return Metrics

The table below present risk-adjusted performance metrics for Invesco Solar ETF (TAN) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


TANBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.54

Sortino ratioReturn per unit of downside risk

-0.55

Omega ratioGain probability vs. loss probability

1.16

1.25

-0.09

Calmar ratioReturn relative to maximum drawdown

0.96

2.00

-1.04

Martin ratioReturn relative to average drawdown

3.14

8.49

-5.35

Dividends

Dividend History

Invesco Solar ETF provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.


0.00%1.00%2.00%3.00%4.00%5.00%$0.00$0.20$0.40$0.60$0.8020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.00$0.00$0.17$0.05$0.00$0.00$0.09$0.09$0.13$0.44$0.83$0.49

Dividend yield

0.00%0.00%0.50%0.09%0.00%0.00%0.09%0.30%0.69%1.77%5.04%1.60%

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
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$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
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.17$0.17
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

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.


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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 77.35%.


Drawdown

Fall

Recovery

Underwater

Related event

-95.29%Nov 2012
4y 6mo
18y 2moMay 2008 - now
-6.53%May 2008
14d12d
26dApr 2008 - May 2008
Financial crisis2007–2009
-0.10%May 2008
1d1d
1dMay 2008 - May 2008
Financial crisis2007–2009

Drawdown Indicators


TANBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-95.29%

-56.78%

-38.51%

Max Drawdown (1Y)

Largest decline over 1 year

-35.51%

-9.10%

-26.41%

Max Drawdown (3Y)

Largest decline over 3 years

-58.70%

-18.90%

-39.80%

Max Drawdown (5Y)

Largest decline over 5 years

-73.95%

-25.43%

-48.52%

Max Drawdown (10Y)

Largest decline over 10 years

-78.53%

-33.92%

-44.61%

Current Drawdown

Current decline from peak

-77.35%

-1.58%

-75.77%

Average Drawdown

Average peak-to-trough decline

-78.45%

-10.70%

-67.75%

Ulcer Index

Depth and duration of drawdowns from previous peaks

10.87%

2.14%

+8.73%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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