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

Correlation

The correlation between TAN and DRIV is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.5

Performance

TAN vs. DRIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Solar ETF (TAN) and Global X Autonomous & Electric Vehicles ETF (DRIV). The values are adjusted to include any dividend payments, if applicable.

10.00%20.00%30.00%40.00%50.00%60.00%70.00%NovemberDecember2025FebruaryMarchApril
18.96%
49.38%
TAN
DRIV

Key characteristics

Sharpe Ratio

TAN:

-0.69

DRIV:

-0.22

Sortino Ratio

TAN:

-0.85

DRIV:

-0.13

Omega Ratio

TAN:

0.91

DRIV:

0.99

Calmar Ratio

TAN:

-0.31

DRIV:

-0.15

Martin Ratio

TAN:

-1.11

DRIV:

-0.59

Ulcer Index

TAN:

24.36%

DRIV:

10.26%

Daily Std Dev

TAN:

39.09%

DRIV:

27.89%

Max Drawdown

TAN:

-95.29%

DRIV:

-41.93%

Current Drawdown

TAN:

-86.68%

DRIV:

-32.25%

Returns By Period

In the year-to-date period, TAN achieves a -12.44% return, which is significantly lower than DRIV's -9.80% return.


TAN

YTD

-12.44%

1M

-9.74%

6M

-21.68%

1Y

-27.70%

5Y*

0.58%

10Y*

-4.05%

DRIV

YTD

-9.80%

1M

-9.41%

6M

-8.12%

1Y

-7.77%

5Y*

12.56%

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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


TAN vs. DRIV - Expense Ratio Comparison

TAN has a 0.69% expense ratio, which is higher than DRIV's 0.68% expense ratio.


Expense ratio chart for TAN: current value is 0.69%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
TAN: 0.69%
Expense ratio chart for DRIV: current value is 0.68%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
DRIV: 0.68%

Risk-Adjusted Performance

TAN vs. DRIV — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

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 22
Sortino Ratio Rank
The Omega Ratio Rank of TAN is 33
Omega Ratio Rank
The Calmar Ratio Rank of TAN is 77
Calmar Ratio Rank
The Martin Ratio Rank of TAN is 66
Martin Ratio Rank

DRIV
The Risk-Adjusted Performance Rank of DRIV is 1212
Overall Rank
The Sharpe Ratio Rank of DRIV is 1212
Sharpe Ratio Rank
The Sortino Ratio Rank of DRIV is 1313
Sortino Ratio Rank
The Omega Ratio Rank of DRIV is 1313
Omega Ratio Rank
The Calmar Ratio Rank of DRIV is 1313
Calmar Ratio Rank
The Martin Ratio Rank of DRIV is 1212
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.

TAN vs. DRIV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Solar ETF (TAN) and Global X Autonomous & Electric Vehicles ETF (DRIV). 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.


The chart of Sharpe ratio for TAN, currently valued at -0.69, compared to the broader market-1.000.001.002.003.004.00
TAN: -0.69
DRIV: -0.22
The chart of Sortino ratio for TAN, currently valued at -0.85, compared to the broader market-2.000.002.004.006.008.00
TAN: -0.85
DRIV: -0.13
The chart of Omega ratio for TAN, currently valued at 0.91, compared to the broader market0.501.001.502.00
TAN: 0.91
DRIV: 0.99
The chart of Calmar ratio for TAN, currently valued at -0.34, compared to the broader market0.002.004.006.008.0010.0012.00
TAN: -0.34
DRIV: -0.15
The chart of Martin ratio for TAN, currently valued at -1.11, compared to the broader market0.0020.0040.0060.00
TAN: -1.11
DRIV: -0.59

The current TAN Sharpe Ratio is -0.69, which is lower than the DRIV Sharpe Ratio of -0.22. The chart below compares the historical Sharpe Ratios of TAN and DRIV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.50NovemberDecember2025FebruaryMarchApril
-0.69
-0.22
TAN
DRIV

Dividends

TAN vs. DRIV - Dividend Comparison

TAN's dividend yield for the trailing twelve months is around 0.57%, less than DRIV's 2.29% yield.


TTM20242023202220212020201920182017201620152014
TAN
Invesco Solar ETF
0.57%0.50%0.09%0.00%0.00%0.09%0.30%0.70%1.77%5.04%1.60%1.88%
DRIV
Global X Autonomous & Electric Vehicles ETF
2.29%2.06%1.62%1.24%0.32%0.29%1.23%2.79%0.00%0.00%0.00%0.00%

Drawdowns

TAN vs. DRIV - Drawdown Comparison

The maximum TAN drawdown since its inception was -95.29%, which is greater than DRIV's maximum drawdown of -41.93%. Use the drawdown chart below to compare losses from any high point for TAN and DRIV. For additional features, visit the drawdowns tool.


-80.00%-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%NovemberDecember2025FebruaryMarchApril
-76.08%
-32.25%
TAN
DRIV

Volatility

TAN vs. DRIV - Volatility Comparison

The current volatility for Invesco Solar ETF (TAN) is 15.54%, while Global X Autonomous & Electric Vehicles ETF (DRIV) has a volatility of 17.03%. This indicates that TAN experiences smaller price fluctuations and is considered to be less risky than DRIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
15.54%
17.03%
TAN
DRIV