Invesco Solar ETF (TAN) belongs to the Alternative Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with TAN. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TAN
TAN charges 0.69% annually. There are 20 ETFs in the Alternative Energy Equities category with lower expense ratios, going as low as 0.20%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock World ex U.S. Carbon Transition Readines... | 0.20% | 285.99M | Apr 2021 | TAN vs LCTD | |
| Themes Uranium & Nuclear ETF | 0.35% | — | Sep 2024 | TAN vs URAN | |
| iShares Global Clean Energy ETF | 0.39% | 2.31B | Jun 2008 | TAN vs ICLN | |
| Fidelity Clean Energy ETF | 0.39% | 153.82M | Oct 2021 | TAN vs FRNW | |
| Direxion Hydrogen ETF | 0.45% | 21.26M | Mar 2021 | TAN vs HJEN |
Best Risk-Adjusted Alternatives to TAN
TAN has a PortfoliosLab risk / return rank of 34. There are 17 ETFs in the Alternative Energy Equities category with higher risk-adjusted ranks, going as high as 83.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Macquarie Energy Transition ETF | 83 | 12.79M | Nov 2023 | TAN vs PWER | |
| iShares Energy Storage & Materials ETF | 76 | 68.56M | Mar 2024 | TAN vs IBAT | |
| BlackRock World ex U.S. Carbon Transition Readines... | 60 | 285.99M | Apr 2021 | TAN vs LCTD | |
| First Trust Global Wind Energy ETF | 52 | 277.74M | Jun 2008 | TAN vs FAN | |
| First Trust NASDAQ Clean Edge Smart Grid Infrastru... | 49 | 11.67B | Nov 2009 | TAN vs GRID |
Top Performing TAN Alternatives (YTD)
TAN is at 0.43% YTD. There are 16 ETFs in the Alternative Energy Equities category with higher YTD returns, going as high as 32.65%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Energy Storage & Materials ETF | 32.65% | 68.56M | Mar 2024 | TAN vs IBAT | |
| Global X Hydrogen ETF | 28.48% | 92.47M | Jul 2021 | TAN vs HYDR | |
| Macquarie Energy Transition ETF | 20.08% | 12.79M | Nov 2023 | TAN vs PWER | |
| First Trust NASDAQ Clean Edge Smart Grid Infrastru... | 17.75% | 11.67B | Nov 2009 | TAN vs GRID | |
| First Trust Global Wind Energy ETF | 16.34% | 277.74M | Jun 2008 | TAN vs FAN |
Lowest Volatility Alternatives to TAN
TAN has 39.21% 1-year volatility. There are 15 ETFs in the Alternative Energy Equities category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Solar ETF | 0.00% | 5.05M | Sep 2021 | TAN vs RAYS | |
| BlackRock World ex U.S. Carbon Transition Readines... | 15.14% | 285.99M | Apr 2021 | TAN vs LCTD | |
| Global X Funds Global X Renewable Energy Producers... | 16.09% | 25.99M | May 2015 | TAN vs RNRG | |
| Invesco MSCI Sustainable Future ETF | 17.43% | 133.47M | Oct 2006 | TAN vs ERTH | |
| First Trust Global Wind Energy ETF | 20.57% | 277.74M | Jun 2008 | TAN vs FAN |
Lowest Drawdown Alternatives to TAN
TAN has a 1-year max drawdown of -35.51%. There are 17 ETFs in the Alternative Energy Equities category with shallower 1-year drawdowns, going as shallow as -10.92%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock World ex U.S. Carbon Transition Readines... | -10.92% | 285.99M | Apr 2021 | TAN vs LCTD | |
| Invesco MSCI Sustainable Future ETF | -11.51% | 133.47M | Oct 2006 | TAN vs ERTH | |
| Macquarie Energy Transition ETF | -13.70% | 12.79M | Nov 2023 | TAN vs PWER | |
| First Trust Global Wind Energy ETF | -14.64% | 277.74M | Jun 2008 | TAN vs FAN | |
| Global X Funds Global X Renewable Energy Producers... | -14.75% | 25.99M | May 2015 | TAN vs RNRG |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 12 categories. AUM among these funds goes as high as $453B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 49 | 12.26% | 452.80B | Mar 1999 | TAN vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 46 | 21.07% | 21.05B | Oct 2015 | TAN vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 49 | 12.29% | 97.11B | Oct 2020 | TAN vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 73 | 13.16% | 96.96B | Apr 2003 | TAN vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 88 | 59.97% | 2.58B | Jun 2021 | TAN vs SOXQ | |
| Invesco S&P 500 Quality ETF | Quality Factor, S&P 500, Large Cap Blend Equities | 62 | 13.51% | 19.45B | Dec 2005 | TAN vs SPHQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 35 | 2.89% | 10.56B | May 2005 | TAN vs XLG | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Low Volatility | 53 | 12.28% | 4.04B | Oct 2012 | TAN vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 39 | 11.79% | 7.18B | Mar 2005 | TAN vs XMMO | |
| Invesco S&P International Developed Momentum ETF | Momentum, Foreign Large Cap Equities | 55 | 10.66% | 4.08B | Feb 2012 | TAN vs IDMO |
Often Compared With TAN
Investors most often compare TAN with QCLN, FSLR, CNRG. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare TAN with Any Fund or Stock
Compare TAN with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TAN with funds that move differently
Invesco Solar ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TAN.
Explore TAN Diversifiers