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

Number of Holdings *

16

* may have additional holdings in another (foreign) market
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

Number of Holdings *

29

* may have additional holdings in another (foreign) market
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 Overweight 5 Positions Relative to CTEX
Symbol Grade Weight
HASI F 3.37%
CWEN C 2.99%
AY A 2.33%
RNW D 0.94%
RENB F 0.64%
TAN Underweight 18 Positions Relative to CTEX
Symbol Grade Weight
GEV A -7.45%
AMSC C -6.4%
TSLA B -4.71%
GNRC B -4.54%
ACA A -4.39%
ORA B -4.02%
VMI B -3.54%
GLW B -3.45%
CMI A -3.42%
BE A -3.3%
FLNC C -2.86%
ADTN B -2.76%
GNE F -2.64%
ROCK D -2.64%
PLUG F -2.35%
AMAT F -2.22%
HY D -1.9%
TPIC F -1.84%
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