TAN - ETF AI Analysis
Top Page
Invesco Solar ETF (TAN)
TAN, the Invesco Solar ETF, has a mid-range overall rating, suggesting a mix of strong leaders and more challenged holdings within the solar sector. Top positions like NEXTracker and First Solar support the fund’s quality with solid financial performance, growth, and generally reasonable valuations, while weaker names such as GCL-Poly Energy and Sunrun face significant financial and cash flow issues that drag on the fund’s rating. The main risk is the ETF’s concentrated exposure to the solar and renewable energy industry, where several holdings show high leverage, negative cash flows, or bearish technical trends.
TAN vs. SPDR S&P 500 ETF (SPY)
- AUM
- 874.16M
- Region
- Global
- Expense Ratio
- 0.70%
- Beta
- 0.84
- Issuer
- Invesco
- Inception Date
- Apr 15, 2008
- Dividend Yield
- 0.39%
- Asset Class
- Equity
- Index Tracked
- MAC Global Solar Energy Index
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 a pure play on global solar, and its story right now is one of promise battling growing pains. Hardware leaders like Nextracker and First Solar are lagging, weighing on near-term returns as investors worry about demand and policy noise. Enphase is also losing steam, adding pressure on the fund’s tech-heavy tilt. On the brighter side, Enlight Renewable Energy and Doral Energy are rising, helping offset some of the weakness and highlighting the ETF’s mix of U.S. and international names across the solar value chain.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 NXT | Nextpower Inc | 10.90% | $97.13M | $11.99B | -8.84% | 78Outperform |
 FSLR | First Solar | 9.24% | $82.35M | $18.75B | -22.94% | 75Outperform |
 ENLT | Enlight Renewable Energy | ― | ― | ― | ― | 77Outperform |
 ENPH | Enphase Energy | 7.16% | $63.80M | $4.26B | -13.75% | 61Neutral |
 HASI | HASI | 5.03% | $44.80M | $4.58B | 28.27% | 70Outperform |
 IL:DORL | Doral Energy | 4.81% | $42.84M | ILS 11.01B | 157.13% | 54Neutral |
 HK:3800 | GCL Technology Holdings Limited | 4.04% | $35.98M | HKD 20.59B | -51.56% | 38Underperform |
 CWEN | Clearway Energy | 4.20% | $37.41M | $6.21B | 3.95% | 70Neutral |
 SEDG | SolarEdge Technologies | 4.07% | $36.24M | $1.99B | -14.39% | 49Neutral |
 RUN | Sunrun | 3.82% | $33.99M | $1.84B | -62.72% | 52Neutral |
TAN Technical Analysis
Price Trends
Market Momentum
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 42.56 is below the 20-day moving average (MA) of 43.22, below the 50-day MA of 46.21, and below the 200-day MA of 54.44, indicating a bearish trend. The MACD of -1.18 indicates Negative momentum. The RSI at 42.08 is Neutral, neither overbought nor oversold. The STOCH value of 26.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TAN.
TAN Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| TAN | $42.56 | $43.00(1.03% Upside) | $874.16M | 0.70% | 58Neutral |
 BLOK | $56.43 | $93.90(66.40% Upside) | $944.79M | 0.70% | 58Neutral |
 GII | $73.22 | $82.07(12.09% Upside) | $926.97M | 0.40% | 63Neutral |
 AGIX | $45.09 | $60.89(35.04% Upside) | $749.02M | 1.00% | 60Neutral |
 IVES | $39.81 | $52.32(31.42% Upside) | $894.61M | 0.75% | 70Outperform |
 PBW | $25.57 | $49.23(92.51% Upside) | $290.53M | 0.63% | 55Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TAN | Invesco Solar ETF | 42.56 | -3.97 | -8.53% | |
| BLOK | Amplify Transformational Data Sharing Etf | 56.43 | -11.37 | -16.77% | |
| GII | SPDR S&P Global Infrastructure ETF | 73.22 | 4.88 | 7.14% | |
| AGIX | KraneShares Artificial Intelligence & Technology ETF | 45.09 | 7.72 | 20.65% | |
| IVES | Dan IVES Wedbush AI Revolution ETF | 39.81 | 6.61 | 19.90% | |
| PBW | Invesco WilderHill Clean Energy ETF | 25.57 | -6.11 | -19.28% |
This 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.