TAN vs. PWER ETF Comparison

Comparison of Invesco Solar ETF (TAN) to Macquarie Energy Transition ETF (PWER)

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

$42.45

Average Daily Volume

906,172

Number of Holdings ^*

16

* may have additional holdings in another (foreign) market

PWER

Macquarie Energy Transition ETF

PWER Description

The ETF seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in a diversified portfolio of securities in the energy, materials, industrial, renewable energy, and utilities sectors that meet the fund"s investment criteria.

Grade (RS Rating)

Last Trade

$29.02

Average Daily Volume

798

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	TAN	PWER
30 Days	2.83%	1.30%
60 Days	5.62%	9.24%
90 Days	4.71%	2.16%
12 Months	-10.72%

2 Overlapping Holdings

	Symbol	Grade	Weight in TAN	Weight in PWER	Overlap
	FSLR	C	10.83%	5.74%	5.74%
	RUN	D	6.24%	5.18%	5.18%

TAN Overweight 14 Positions Relative to PWER

	Symbol	Grade	Weight
	ENPH	D	10.01%
	HASI	C	3.5%
	SEDG	F	3.31%
	CWEN	C	2.81%
	NOVA	D	2.51%
	JKS	B	2.32%
	ARRY	F	2.23%
	DQ	B	2.23%
	SHLS	F	2.06%
	AY	C	1.98%
	CSIQ	D	1.96%
	RNW	D	0.94%
	AMPS	F	0.78%
	RENB	F	0.72%

TAN Underweight 5 Positions Relative to PWER

	Symbol	Grade	Weight
	CF	A	-5.58%
	SHEL	D	-4.79%
	AA	B	-4.04%
	SLB	D	-3.8%
	BKR	B	-3.76%

TAN: Top Represented Industries & Keywords

Industries: Solar Semiconductor Equipment & Materials Utilities - Regulated Electric Utilities - Renewable Biotechnology Electronic Components REIT - Diversified

Keywords: Photovoltaics Solar Power Energy Conversion Solar Energy Renewable Energy Electricity Photovoltaic System Solar Panel Solar Energy Projects Solar Modules Systems Integrator Energy Storage Inverter Systems Inverters Photovoltaic Products Power Systems S&P 500 Solar Power Systems Sustainable Energy Alternative Energy

PWER: Top Represented Industries & Keywords

Industries: Oil & Gas Equipment & Services Solar Agricultural Inputs Aluminum Oil & Gas Integrated

Keywords: S&P 500 Oil And Gas Oil And Gas Industry Oil Wells Petroleum Industry Petroleum Production Solar Energy Solar Power Subsea Well Drilling Aerospace Alloys Alternative Energy Aluminium Ammonia Ammonium Nitrate Artificial Lift Systems Bauxite Carbon Dioxide Chemical Substances