TAN vs. PBW ETF Comparison
Comparison of Invesco Solar ETF (TAN) to PowerShares WilderHill Clean Energy Portfolio (PBW)
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
$39.79
Average Daily Volume
882,587
16
PBW
PowerShares WilderHill Clean Energy Portfolio
PBW Description
The PowerShares WilderHill Clean Energy Portfolio (Fund) is based on the WilderHill Clean Energy Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to deliver capital appreciation through the selection of companies that focus on greener and generally renewable sources of energy and technologies that facilitate cleaner energy. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$20.33
Average Daily Volume
305,693
54
Performance
Period | TAN | PBW |
---|---|---|
30 Days | -6.27% | 3.36% |
60 Days | -3.61% | 5.45% |
90 Days | -1.00% | 4.80% |
12 Months | -7.46% | -20.47% |
11 Overlapping Holdings
Symbol | Grade | Weight in TAN | Weight in PBW | Overlap | |
---|---|---|---|---|---|
AMPS | C | 0.95% | 1.51% | 0.95% | |
ARRY | D | 2.4% | 1.5% | 1.5% | |
CSIQ | D | 2.13% | 1.36% | 1.36% | |
ENPH | F | 7.79% | 1.0% | 1.0% | |
FSLR | C | 9.06% | 1.27% | 1.27% | |
JKS | A | 3.15% | 1.7% | 1.7% | |
NOVA | F | 1.33% | 0.65% | 0.65% | |
RNW | F | 0.93% | 1.27% | 0.93% | |
RUN | C | 5.06% | 1.03% | 1.03% | |
SEDG | F | 2.79% | 1.07% | 1.07% | |
SHLS | F | 2.02% | 1.21% | 1.21% |
TAN Underweight 43 Positions Relative to PBW
Symbol | Grade | Weight | |
---|---|---|---|
WOLF | D | -2.69% | |
SLI | A | -2.42% | |
EOSE | B | -1.97% | |
ENVX | D | -1.94% | |
MP | B | -1.9% | |
LNZA | C | -1.82% | |
QS | F | -1.68% | |
JOBY | D | -1.67% | |
MYRG | B | -1.66% | |
ALB | C | -1.66% | |
TSLA | A | -1.65% | |
SQM | D | -1.65% | |
XPEV | B | -1.64% | |
ORA | B | -1.61% | |
PLUG | C | -1.56% | |
PWR | B | -1.55% | |
PLPC | A | -1.51% | |
AEIS | A | -1.5% | |
AMSC | A | -1.49% | |
MPWR | F | -1.47% | |
CTVA | A | -1.47% | |
ESE | A | -1.47% | |
FLNC | B | -1.45% | |
ACHR | C | -1.44% | |
DAR | B | -1.42% | |
NIO | D | -1.42% | |
BELFB | C | -1.4% | |
ITRI | A | -1.38% | |
CHPT | F | -1.38% | |
OLED | F | -1.38% | |
REX | F | -1.35% | |
RIVN | F | -1.34% | |
SLDP | F | -1.27% | |
AMRC | C | -1.27% | |
BE | D | -1.2% | |
TPIC | F | -1.2% | |
THRM | D | -1.19% | |
WBX | F | -1.08% | |
PLL | B | -0.77% | |
AMPX | D | -0.75% | |
BLNK | C | -0.57% | |
SOL | B | -0.5% | |
FREY | F | -0.46% |
TAN: Top Represented Industries & Keywords
PBW: Top Represented Industries & Keywords