GERM vs. TAN ETF Comparison

Comparison of ETFMG Treatments Testing and Advancements ETF (GERM) to Invesco Solar ETF (TAN)

GERM

ETFMG Treatments Testing and Advancements ETF

GERM Description

GERM is designed to give direct exposure to the biotech companies directly engaged in the testing and treatments of infectious diseases. Focused on advancements with targeted exposure to the forefront of R&D, vaccines, therapies and testing technologies.

Grade (RS Rating)

Last Trade

$18.48

Average Daily Volume

2,099

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

$40.01

Average Daily Volume

1,270,734

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GERM	TAN
30 Days	-8.52%	-17.56%
60 Days	0.83%	-7.49%
90 Days	3.43%	-7.23%
12 Months	-8.66%	-40.55%

1 Overlapping Holdings

	Symbol	Grade	Weight in GERM	Weight in TAN	Overlap
	RENB	C	0.53%	0.5%	0.5%

GERM Overweight 44 Positions Relative to TAN

Symbol	Grade	Weight
ALNY	A	10.46%
DGX	C	6.09%
BNTX	F	4.99%
MRNA	D	4.95%
PCVX	B	4.58%
BIO	D	3.97%
ZLAB	F	3.89%
DVAX	D	3.51%
IMCR	D	3.34%
BCRX	B	2.97%
VIR	F	2.84%
NVAX	C	2.77%
OPK	D	2.07%
CVAC	F	1.78%
HLVX	C	1.57%
ARCT	F	1.55%
FLGT	F	1.42%
ABUS	B	1.38%
SIGA	C	1.23%
ADPT	C	1.2%
GILD	C	0.95%
LLY	A	0.95%
REGN	B	0.92%
JNJ	F	0.88%
ABBV	C	0.88%
ABT	D	0.88%
OCGN	C	0.87%
MRK	C	0.87%
EBS	B	0.86%
PFE	C	0.85%
AZN	C	0.85%
SNY	B	0.85%
TAK	C	0.84%
GSK	D	0.82%
OSUR	F	0.74%
ENTA	C	0.63%
CRMD	D	0.56%
XBIT	D	0.34%
VXRT	F	0.28%
IFRX	C	0.24%
CMRX	F	0.19%
GRTS	F	0.18%
CUE	F	0.16%
CVM	F	0.15%

GERM Underweight 16 Positions Relative to TAN

Symbol	Grade	Weight
FSLR	C	-10.03%
ENPH	F	-9.27%
RUN	F	-5.39%
HASI	D	-3.4%
ARRY	F	-3.2%
SEDG	F	-3.05%
SHLS	F	-2.6%
CWEN	D	-2.41%
JKS	D	-2.29%
DQ	F	-2.15%
CSIQ	F	-2.06%
NOVA	D	-1.83%
AY	B	-1.78%
SPWR	F	-0.91%
RNW	D	-0.8%
AMPS	D	-0.74%

GERM: Top Represented Industries & Keywords

Industries: Biotechnology Drug Manufacturers - Major Diagnostics & Research Drug Manufacturers - Specialty & Generic Medical Devices Medical Instruments & Supplies