RENW vs. TAN ETF Comparison

Comparison of Harbor Energy Transition Strategy ETF (RENW) to Invesco Solar ETF (TAN)

RENW

Harbor Energy Transition Strategy ETF

RENW Description

The investment seeks to track the performance, before fees and expenses, of the Morningstar® North America Renewable EnergySM Index (the index). Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index is a rules-based, modified equal-weighted, liquidity-adjusted index of U.S. and Canadian-listed common stocks of companies in North America that are leaders in the transition to a low-carbon economy. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$13.40

Average Daily Volume

433

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

$34.39

Average Daily Volume

1,193,386

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RENW	TAN
30 Days	3.39%	-6.10%
60 Days	6.05%	-14.78%
90 Days	4.48%	-13.55%
12 Months	-3.57%	-24.67%

2 Overlapping Holdings

	Symbol	Grade	Weight in RENW	Weight in TAN	Overlap
	RUN	F	2.16%	4.29%	2.16%
	SEDG	F	2.36%	2.3%	2.3%

RENW Overweight 6 Positions Relative to TAN

Symbol	Grade	Weight
TSLA	B	2.42%
ACA	A	2.3%
TAC	B	2.2%
EIX	C	2.19%
AES	F	2.17%
WAB	B	2.16%

RENW Underweight 14 Positions Relative to TAN

Symbol	Grade	Weight
FSLR	F	-9.67%
ENPH	F	-6.55%
HASI	F	-3.37%
ARRY	F	-3.08%
CWEN	C	-2.99%
DQ	C	-2.83%
JKS	D	-2.72%
AY	A	-2.33%
SHLS	F	-2.2%
CSIQ	F	-1.81%
AMPS	C	-1.16%
NOVA	F	-1.12%
RNW	D	-0.94%
RENB	F	-0.64%

RENW: Top Represented Industries & Keywords

Industries: Solar Auto Manufacturers Infrastructure Operations Railroads Utilities - Diversified Utilities - Independent Power Producers Utilities - Regulated Electric