PortfoliosLab logoPortfoliosLab logo
Invesco Solar ETF (TAN)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

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

Share Price Chart


Loading graphics...

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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.


Loading graphics...

S&P 500 Index

Returns By Period

Invesco Solar ETF (TAN) has returned 13.42% so far this year and 82.90% over the past 12 months. Over the last ten years, TAN has returned 10.33% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


Invesco Solar ETF

1D
5.33%
1M
1.29%
YTD
13.42%
6M
27.69%
1Y
82.90%
3Y*
-10.29%
5Y*
-9.18%
10Y*
10.33%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Apr 15, 2008, TAN's average daily return is +0.01%, while the average monthly return is +0.23%. At this rate, your investment would double in approximately 25.1 years.

Historically, 49% of months were positive and 51% 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%13.42%
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 -11.67%, beta of 1.43, and R² of 0.41 versus S&P 500 Index. Calculated based on daily prices since April 16, 2008.

  • This ETF participated in 171.69% of S&P 500 Index downside but only 125.69% 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
-11.67%
Beta
1.43
0.41
Upside Capture
125.69%
Downside Capture
171.69%

Expense Ratio

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


Return for Risk

Risk / Return Rank

TAN ranks 91 for risk / return — in the top 91% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


TAN Risk / Return Rank: 9191
Overall Rank
TAN Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
TAN Sortino Ratio Rank: 9191
Sortino Ratio Rank
TAN Omega Ratio Rank: 8383
Omega Ratio Rank
TAN Calmar Ratio Rank: 9797
Calmar Ratio Rank
TAN Martin Ratio Rank: 9292
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

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


TANBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

2.11

0.90

+1.21

Sortino ratio

Return per unit of downside risk

2.69

1.39

+1.30

Omega ratio

Gain probability vs. loss probability

1.33

1.21

+0.12

Calmar ratio

Return relative to maximum drawdown

4.90

1.40

+3.50

Martin ratio

Return relative to average drawdown

12.99

6.61

+6.38

Explore TAN risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

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
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.


Loading graphics...

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 74.42%.


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 chart below shows the rolling one-month volatility.


Loading graphics...