TAN - ETF AI Analysis
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Invesco Solar ETF (TAN)
Rating:57Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered solid gains so far this year, showing that its solar-focused strategy has recently been rewarded by the market.
Leading Holdings with Strong Momentum
Several of the largest positions, such as Enlight Renewable Energy, SolarEdge Technologies, and Doral Energy, have shown strong performance, helping drive the fund’s returns.
Global Solar Exposure
The fund invests not only in U.S. companies but also in solar firms across Israel, Asia, and Europe, giving investors access to the global growth of the solar industry.
Negative Factors
High Expense Ratio
The fund’s management fee is relatively high for an ETF, which can eat into long-term returns compared with lower-cost alternatives.
Short-Term Performance Weakness
Recent one-month and three-month returns have been negative, showing that the ETF can be volatile over shorter time periods.
Concentrated in a Single Industry
Because the ETF is heavily focused on solar and related technology companies, investors face higher risk if the solar sector experiences a downturn.
TAN vs. SPDR S&P 500 ETF (SPY)
AUM1.54B
RegionGlobal
Expense Ratio0.70%
Beta0.82
IssuerInvesco
Inception DateApr 15, 2008
Dividend YieldN/A
Asset ClassEquity
Index TrackedMAC Global Solar Energy Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume572,360
30 Day Avg. Volume1,377,845
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
69.16Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering31
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
TAN Summary
The Invesco Solar ETF (TAN) is a fund that follows the MAC Global Solar Energy Index and focuses on companies involved in solar power, such as makers of solar panels and related equipment. It holds well-known names like First Solar and Enphase Energy, and invests in firms from the U.S. and other countries that are helping expand clean energy. Someone might invest in TAN to seek long-term growth from the global shift toward renewable energy and to support a greener future. A key risk is that it is heavily concentrated in solar stocks, so its price can swing sharply with changes in the solar industry and energy policies.
How much will it cost me?The Invesco Solar ETF (TAN) has an expense ratio of 0.71%, meaning you’ll pay $7.10 per year for every $1,000 invested. This is higher than average because it is actively managed and focuses on a specialized niche in the solar energy sector, which requires more research and management effort.
What would affect this ETF?The Invesco Solar ETF (TAN) could benefit from growing global support for renewable energy, advancements in solar technology, and increasing adoption of clean energy solutions, which align with its focus on the solar sector. However, potential challenges include rising interest rates that may increase borrowing costs for solar companies, regulatory changes, or competition from other renewable energy sources. Its global exposure and reliance on technology and energy sectors make it sensitive to economic conditions and shifts in government policies.
TAN Top 10 Holdings
TAN is very much a pure-play solar story, with performance driven by a handful of heavyweight names. First Solar has been a steady anchor, while NEXTracker and Enphase have been rising over the past few months, giving the fund some much-needed lift despite recent choppiness. Enlight Renewable Energy and SolarEdge are also helping, though their gains come with balance-sheet and valuation worries. On the flip side, Sunrun and Hong Kong–listed GCL Technology are dragging the fund, underscoring how this globally diversified, tech-heavy solar ETF can be both powerful and volatile.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nextpower Inc | 10.04% | $155.09M | $16.03B | 70.16% | 78 Outperform | |
| First Solar | 8.93% | $137.89M | $22.14B | 14.62% | 75 Outperform | |
| Enlight Renewable Energy | 7.32% | $112.98M | $12.41B | 213.15% | 77 Outperform | |
| Enphase Energy | 6.36% | $98.18M | $5.26B | 8.50% | 61 Neutral | |
| SolarEdge Technologies | 4.84% | $74.74M | $3.06B | 57.78% | 49 Neutral | |
| Sunrun | 4.48% | $69.24M | $2.73B | 2.91% | 52 Neutral | |
| Doral Energy | 4.48% | $69.19M | ₪15.52B | 350.00% | 54 Neutral | |
| HASI | 3.97% | $61.35M | $4.91B | 33.32% | 70 Outperform | |
| Nofar Energy | 3.62% | $55.88M | ₪8.20B | 112.30% | 45 Neutral | |
| Clearway Energy | 3.43% | $53.00M | $6.90B | 4.05% | 70 Neutral |
TAN Technical Analysis
Negative
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Price Trends
61.07
Negative
58.60
Negative
54.77
Negative
Market Momentum
-2.00
Negative
40.12
Neutral
17.88
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For TAN, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 55.62, equal to the 50-day MA of 61.07, and equal to the 200-day MA of 54.77, indicating a bearish trend. The MACD of -2.00 indicates Negative momentum. The RSI at 40.12 is Neutral, neither overbought nor oversold. The STOCH value of 17.88 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TAN.
TAN Peer Comparison
Comparison Results
Performance Comparison
TAN
Invesco Solar ETF
53.72
14.59
37.29%
ARKK
Ark Innovation Etf
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GNR
SPDR S&P Global Natural Resources ETF
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XT
iShares Exponential Technologies ETF
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NFRA
FlexShares STOXX Global Broad Infrastructure Index Fund
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FWD
AB Disruptors ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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