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FLNC vs. TAN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

FLNC vs. TAN

Last updated May 12, 2025

Compare and contrast key facts about Fluence Energy, Inc. (FLNC) and Invesco Solar ETF (TAN).

TAN is a passively managed fund by Invesco that tracks the performance of the MAC Global Solar Energy Index. It was launched on Apr 15, 2008.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLNC or TAN.

Correlation

The correlation between FLNC and TAN is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

FLNC vs. TAN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fluence Energy, Inc. (FLNC) and Invesco Solar ETF (TAN). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Daily Std Dev

FLNC:

99.35%

TAN:

20.96%

Max Drawdown

FLNC:

-4.98%

TAN:

0.00%

Current Drawdown

FLNC:

-4.98%

TAN:

0.00%

Returns By Period

FLNC

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

TAN

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

FLNC vs. TAN — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FLNC
The Risk-Adjusted Performance Rank of FLNC is 66
Overall Rank
The Sharpe Ratio Rank of FLNC is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of FLNC is 77
Sortino Ratio Rank
The Omega Ratio Rank of FLNC is 77
Omega Ratio Rank
The Calmar Ratio Rank of FLNC is 33
Calmar Ratio Rank
The Martin Ratio Rank of FLNC is 44
Martin Ratio Rank
TAN
The Risk-Adjusted Performance Rank of TAN is 44
Overall Rank
The Sharpe Ratio Rank of TAN is 22
Sharpe Ratio Rank
The Sortino Ratio Rank of TAN is 33
Sortino Ratio Rank
The Omega Ratio Rank of TAN is 44
Omega Ratio Rank
The Calmar Ratio Rank of TAN is 66
Calmar Ratio Rank
The Martin Ratio Rank of TAN is 55
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FLNC vs. TAN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fluence Energy, Inc. (FLNC) and Invesco Solar ETF (TAN). 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.

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Dividends

FLNC vs. TAN - Dividend Comparison

FLNC has not paid dividends to shareholders, while TAN's dividend yield for the trailing twelve months is around 0.52%.

TTM20242023202220212020201920182017201620152014
FLNC
Fluence Energy, Inc.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
TAN
Invesco Solar ETF		0.52%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FLNC vs. TAN - Drawdown Comparison

The maximum FLNC drawdown since its inception was -4.98%, which is greater than TAN's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for FLNC and TAN. For additional features, visit the drawdowns tool.

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Volatility

FLNC vs. TAN - Volatility Comparison

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