TAN vs. RNEW ETF Comparison

Comparison of Invesco Solar ETF (TAN) to VanEck Green Infrastructure ETF (RNEW)

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

$34.33

Average Daily Volume

1,192,583

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RNEW

VanEck Green Infrastructure ETF

RNEW Description

The fund normally invests at least 80% of its total assets in securities of Green Infrastructure Companies. The index is a U.S. index that tracks the performance of Green Infrastructure Companies. "Green Infrastructure Companies" are companies that seek to positively impact the environment through the production, transmission, or distribution of green energy and/or through the establishment of sustainable infrastructure to facilitate the use of green energy. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.29

Average Daily Volume

132

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TAN	RNEW
30 Days	-7.91%	4.52%
60 Days	-15.57%	1.13%
90 Days	-18.59%	-0.95%
12 Months	-25.40%	12.92%

8 Overlapping Holdings

Symbol	Grade	Weight in TAN	Weight in RNEW	Overlap
AMPS	C	1.16%	0.33%	0.33%
ARRY	F	3.08%	0.52%	0.52%
CWEN	C	2.99%	1.22%	1.22%
ENPH	F	6.55%	2.39%	2.39%
FSLR	F	9.67%	3.35%	3.35%
NOVA	F	1.12%	0.24%	0.24%
RUN	F	4.29%	1.19%	1.19%
SHLS	F	2.2%	0.39%	0.39%

TAN Overweight 8 Positions Relative to RNEW

Symbol	Grade	Weight
HASI	D	3.37%
DQ	F	2.83%
JKS	F	2.72%
AY	A	2.33%
SEDG	F	2.3%
CSIQ	F	1.81%
RNW	D	0.94%
RENB	F	0.64%

TAN Underweight 31 Positions Relative to RNEW

Symbol	Grade	Weight
TSLA	B	-9.84%
LNG	A	-6.99%
PWR	A	-6.12%
RSG	A	-5.75%
CLH	C	-5.66%
WM	B	-5.6%
ECL	D	-5.24%
DCI	B	-4.9%
RIVN	F	-4.4%
BWA	D	-4.19%
CWST	A	-3.29%
IDA	A	-3.21%
SWX	B	-2.97%
ITRI	C	-2.83%
BE	B	-2.77%
LCID	F	-2.64%
ORA	B	-2.56%
NWE	B	-1.82%
NFE	D	-0.98%
NEP	F	-0.8%
PLUG	F	-0.79%
SPH	C	-0.61%
AMRC	F	-0.49%
ERII	D	-0.45%
REX	D	-0.43%
GPRE	F	-0.37%
CLNE	F	-0.32%
MEG	F	-0.32%
MNTK	F	-0.31%
CHPT	F	-0.25%
SES	F	-0.05%