TAN

Invesco Solar ETF

$49.51

+0.00%

Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Invesco Solar ETF (TAN) seeks to track the performance of the MAC Global Solar Energy Index, which is designed to provide exposure to companies that are primarily engaged in the solar energy industry.

Overview

ETF tracking Invesco Solar ETF

Category Energy

Issuer Invesco

Inception Date 2018-04-06

Market Cap $867.9M

Average Volume N/A

Dividend Yield 0.33%

52-Week Range $26.03 - $52.86

VWAP $49.03

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests at least 90% of its total assets in the securities that comprise the underlying index. The index is composed of companies that are publicly traded in the United States and in other developed markets that meet certain investability requirements.

✨ Key Features

Provides exposure to the global solar energy industry
Tracks the MAC Global Solar Energy Index, which is designed to measure the performance of solar energy-related companies
Invests in a diversified portfolio of solar energy companies across different countries and market capitalizations
Has a low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk: The fund is concentrated in the solar energy industry, which may be subject to greater volatility and risk than more diversified investments
Equity market risk: The value of the fund's shares is subject to fluctuations in the equity markets, which can be volatile and unpredictable
Foreign investment risk: The fund may invest in non-U.S. companies, which can be subject to political, economic, and currency risks
Sector risk: The fund's performance is tied to the solar energy industry, which may underperform the broader market

👤 Best For

The Invesco Solar ETF may be suitable for investors seeking exposure to the global solar energy industry as part of a diversified portfolio. Investors should be comfortable with the higher volatility and risks associated with a sector-specific fund and have a long-term investment horizon.