CLIA vs. TAN ETF Comparison

Comparison of Return Stacked Bonds & Managed Futures ETF Veridien Climate Action ETF (CLIA) to Invesco Solar ETF (TAN)

CLIA

Return Stacked Bonds & Managed Futures ETF Veridien Climate Action ETF

CLIA Description

The fund seeks to achieve its investment objective by investing in equity securities (or corresponding American Depositary Receipts ("ADRs")) of U.S. and foreign companies, whose activities, business models, or products make a substantial contribution to mitigating climate change. The fund invests in ADRs to gain exposure to foreign companies, which may include those based in both developed and emerging markets.

Grade (RS Rating)

Last Trade

$18.61

Average Daily Volume

25,531

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TAN

Invesco Solar ETF

TAN Description

The investment seeks to track the investment results (before fees and expenses) of the MAC Global Solar Energy Index. The fund will generally invest at least 90% of its total assets in the securities (including American depositary receipts (?ADRs?)) that comprise the index. Strictly in accordance with its guidelines and mandated procedures, MAC Indexing LLC compiles, maintains, and calculates the index, which is designed to track the global solar energy equity sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$42.67

Average Daily Volume

911,893

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CLIA	TAN
30 Days	-7.83%	3.37%
60 Days	-6.52%	6.17%
90 Days	-7.18%	5.25%
12 Months	-5.51%	-13.60%

3 Overlapping Holdings

Symbol	Grade	Weight in CLIA	Weight in TAN	Overlap
ARRY	F	2.78%	2.23%	2.23%
ENPH	D	4.95%	10.01%	4.95%
HASI	C	5.75%	3.5%	3.5%

CLIA Overweight 6 Positions Relative to TAN

Symbol	Grade	Weight
TSLA	B	5.38%
FLR	D	4.71%
AES	B	4.35%
ON	F	4.14%
STM	F	3.36%
NEP	D	3.1%

CLIA Underweight 13 Positions Relative to TAN

Symbol	Grade	Weight
FSLR	C	-10.83%
RUN	D	-6.24%
SEDG	F	-3.31%
CWEN	A	-2.81%
NOVA	D	-2.51%
JKS	C	-2.32%
DQ	C	-2.23%
SHLS	F	-2.06%
AY	B	-1.98%
CSIQ	D	-1.96%
RNW	D	-0.94%
AMPS	F	-0.78%
RENB	F	-0.72%