TAN vs. CTEX ETF Comparison
Comparison of Invesco Solar ETF (TAN) to ProShares S&P Kensho Cleantech ETF (CTEX)
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
16
CTEX
ProShares S&P Kensho Cleantech ETF
CTEX Description
ProShares Trust - ProShares S&P Kensho Cleantech ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the public equity markets across the globe. It invests in the stocks of companies focused on building technologies or products that enable generation of energy in a clean manner that includes hardware, software, or materials technologies used for clean energy capture from sources such as solar, wind, geothermal, and hydro, installation of clean energy capture technologies for use in residential or commercial applications and advanced energy storage devices sectors. The fund invests in growth and value stocks of companies across diversified market capitalizations. It replicates the performance of the S&P Kensho Cleantech Index, by using full replication technique. ProShares Trust - ProShares S&P Kensho Cleantech ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$21.88
Average Daily Volume
4,216
29
Performance
Period | TAN | CTEX |
---|---|---|
30 Days | -6.10% | 3.92% |
60 Days | -14.78% | -3.21% |
90 Days | -13.55% | 2.50% |
12 Months | -24.67% | -2.82% |
11 Overlapping Holdings
Symbol | Grade | Weight in TAN | Weight in CTEX | Overlap | |
---|---|---|---|---|---|
AMPS | C | 1.16% | 3.78% | 1.16% | |
ARRY | F | 3.08% | 2.21% | 2.21% | |
CSIQ | F | 1.81% | 2.76% | 1.81% | |
DQ | C | 2.83% | 3.98% | 2.83% | |
ENPH | F | 6.55% | 1.99% | 1.99% | |
FSLR | F | 9.67% | 3.15% | 3.15% | |
JKS | D | 2.72% | 3.24% | 2.72% | |
NOVA | F | 1.12% | 3.09% | 1.12% | |
RUN | F | 4.29% | 3.15% | 3.15% | |
SEDG | F | 2.3% | 0.92% | 0.92% | |
SHLS | F | 2.2% | 2.67% | 2.2% |
TAN Underweight 18 Positions Relative to CTEX
TAN: Top Represented Industries & Keywords
CTEX: Top Represented Industries & Keywords