SOLR vs. TAN ETF Comparison

Comparison of SmartETFs Sustainable Energy II ETF (SOLR) to Invesco Solar ETF (TAN)

SOLR

SmartETFs Sustainable Energy II ETF

SOLR Description

SmartETFs Sustainable Energy II ETF is an exchange traded fund launched and managed by Guinness Atkinson Asset Management, Inc. The fund is co-managed by Penserra Capital Management, LLC. The fund invests in public equity markets of global region. The fund invests in stocks of companies operating across energy and sustainable energy companies sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund invests in stocks of companies that directly promote environmental responsibility. The fund employs fundamental analysis to create its portfolio. It employs proprietary research to create its portfolio. SmartETFs Sustainable Energy II ETF was formed on November 11, 2020 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$28.40

Average Daily Volume

453

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

$43.27

Average Daily Volume

1,281,801

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SOLR	TAN
30 Days	-1.61%	-9.53%
60 Days	-1.89%	2.88%
90 Days	6.31%	3.05%
12 Months	-10.23%	-39.27%

4 Overlapping Holdings

Symbol	Grade	Weight in SOLR	Weight in TAN	Overlap
CSIQ	D	1.61%	2.06%	1.61%
ENPH	F	1.54%	9.27%	1.54%
FSLR	D	3.45%	10.03%	3.45%
SEDG	F	0.27%	3.05%	0.27%

SOLR Overweight 15 Positions Relative to TAN

Symbol	Grade	Weight
TT	A	4.51%
ETN	C	4.27%
NEE	C	4.26%
HUBB	D	4.11%
NXPI	B	3.43%
OC	C	3.4%
ITRI	D	3.26%
ON	D	3.14%
ORA	C	3.14%
ST	C	3.05%
APTV	F	2.91%
IBP	C	2.9%
THRM	D	2.14%
AMRC	D	1.55%
TPIC	D	0.19%

SOLR Underweight 13 Positions Relative to TAN

Symbol	Grade	Weight
RUN	D	-5.39%
HASI	C	-3.4%
ARRY	F	-3.2%
SHLS	F	-2.6%
CWEN	D	-2.41%
JKS	F	-2.29%
DQ	F	-2.15%
NOVA	D	-1.83%
AY	B	-1.78%
SPWR	F	-0.91%
RNW	D	-0.8%
AMPS	D	-0.74%
RENB	D	-0.5%