PortfoliosLab logo

Invesco Solar ETF (TAN)

ETF · Currency in USD · Last updated May 21, 2022

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
  • Expense Ratio0.69%
  • Index TrackedMAC Global Solar Energy Index
  • ETF Home Pagewww.invesco.com
  • Asset ClassEquity
  • Asset Class Size

    Multi-Cap
  • Asset Class Style

    Blend

Trading Data

  • Previous Close$67.19
  • Year Range$57.59 - $100.53
  • EMA (50)$67.50
  • EMA (200)$74.95
  • Average Volume$1.11M

TANShare Price Chart


Chart placeholderClick Calculate to get results

TANPerformance

The chart shows the growth of $10,000 invested in Invesco Solar ETF on Jan 5, 2010 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $8,668 for a total return of roughly -13.32%. All prices are adjusted for splits and dividends.


TAN (Invesco Solar ETF)
Benchmark (^GSPC)

TANReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-8.29%-12.57%
YTD-12.71%-18.14%
6M-29.28%-17.07%
1Y-10.48%-5.21%
5Y30.76%10.37%
10Y16.73%11.49%

TANMonthly Returns Heatmap


Chart placeholderClick Calculate to get results

TANSharpe 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 -0.33. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


TAN (Invesco Solar ETF)
Benchmark (^GSPC)

TANDividend History

Invesco Solar ETF granted a 0.00% dividend yield in the last twelve months, as of May 21, 2022. The annual payout for that period amounted to $0.00 per share.


PeriodTTM202120202019201820172016201520142013201220112010
Dividend$0.00$0.00$0.09$0.09$0.13$0.44$0.83$0.49$0.64$0.45$1.42$2.11$0.29

Dividend yield

0.00%0.00%0.09%0.30%0.70%1.79%5.19%1.73%2.06%1.43%10.31%10.57%0.54%

TANDrawdowns Chart

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


TAN (Invesco Solar ETF)
Benchmark (^GSPC)

TANWorst 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 87.54%, recorded on Nov 20, 2012. It took 2017 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-87.54%Jan 12, 2010721Nov 20, 20122017Nov 24, 20202738
-52.77%Feb 10, 2021317May 12, 2022
-12.06%Jan 8, 20216Jan 15, 202116Feb 9, 202122
-6.1%Nov 30, 20208Dec 9, 20203Dec 14, 202011
-4.55%Dec 24, 20203Dec 29, 20203Jan 4, 20216
-0.92%Dec 16, 20201Dec 16, 20201Dec 17, 20202
-0.09%Jan 6, 20101Jan 6, 20101Jan 7, 20102

TANVolatility Chart

Current Invesco Solar ETF volatility is 56.62%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


TAN (Invesco Solar ETF)
Benchmark (^GSPC)

Portfolios with Invesco Solar ETF


Loading data...

More Tools for Invesco Solar ETF