ICLN vs. TAN ETF Comparison

Comparison of iShares S&P Global Clean Energy Index Fund (ICLN) to Invesco Solar ETF (TAN)

ICLN

iShares S&P Global Clean Energy Index Fund

ICLN Description

The investment seeks to track the investment results of an index composed of global equities in the clean energy sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Global Clean Energy IndexTM (the "underlying index"), which is designed to track the performance of approximately 30 of what is expected to be the most liquid and tradable securities of global companies involved in clean energy related businesses. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$12.34

Average Daily Volume

3,366,594

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

$36.05

Average Daily Volume

1,217,729

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ICLN	TAN
30 Days	-6.23%	-7.45%
60 Days	-16.00%	-14.04%
90 Days	-14.01%	-13.20%
12 Months	-9.80%	-20.66%

2 Overlapping Holdings

	Symbol	Grade	Weight in ICLN	Weight in TAN	Overlap
	ENPH	F	5.54%	6.71%	5.54%
	FSLR	F	7.27%	9.4%	7.27%

ICLN Overweight 0 Positions Relative to TAN

	Symbol	Grade	Weight

ICLN Underweight 14 Positions Relative to TAN

Symbol	Grade	Weight
RUN	F	-4.12%
HASI	D	-3.52%
CWEN	C	-3.13%
JKS	D	-2.94%
DQ	F	-2.91%
ARRY	C	-2.64%
AY	B	-2.4%
SEDG	F	-2.0%
SHLS	F	-1.91%
CSIQ	F	-1.86%
NOVA	F	-1.21%
AMPS	C	-1.14%
RNW	C	-0.99%
RENB	F	-0.66%

ICLN: Top Represented Industries & Keywords

Industries: Semiconductor Equipment & Materials Solar