Invesco Solar ETF (TAN)
| Assets | $839.15M |
| Expense Ratio | 0.67% |
| PE Ratio | 7.90 |
| Shares Out | 24.33M |
| Dividend (ttm) | $0.05 |
| Dividend Yield | 0.14% |
| Ex-Dividend Date | Dec 18, 2023 |
| Payout Ratio | 2.26% |
| 1-Year Return | -24.06% |
| Volume | 954,515 |
| Open | 33.83 |
| Previous Close | 34.01 |
| Day's Range | 33.79 - 34.68 |
| 52-Week Low | 33.79 |
| 52-Week High | 54.62 |
| Beta | 1.40 |
| Holdings | 44 |
| Inception Date | Apr 15, 2008 |
About TAN
Fund Home PageThe Invesco Solar ETF (TAN) is an exchange-traded fund that is based on the MAC Global Solar Energy index. The fund tracks an index of global solar energy companies selected based on the revenue generated from solar related business. TAN was launched on Apr 15, 2008 and is issued by Invesco.
Top 10 Holdings
57.16% of assets| Name | Symbol | Weight |
|---|---|---|
| First Solar, Inc. | FSLR | 9.66% |
| GCL Technology Holdings Limited | 3800 | 8.26% |
| Nextracker Inc. | NXT | 8.10% |
| Enphase Energy, Inc. | ENPH | 6.59% |
| Xinyi Solar Holdings Limited | 0968 | 5.12% |
| Encavis AG | ECV | 4.82% |
| Sunrun Inc. | RUN | 3.97% |
| Neoen S.A. | NEOEN | 3.95% |
| HA Sustainable Infrastructure Capital, Inc. | HASI | 3.53% |
| Clearway Energy, Inc. | CWEN | 3.16% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2023 | $0.048 | Dec 22, 2023 |
| Dec 21, 2020 | $0.092 | Dec 31, 2020 |
| Dec 23, 2019 | $0.091 | Dec 31, 2019 |
| Dec 24, 2018 | $0.129 | Dec 31, 2018 |
| Dec 26, 2017 | $0.445 | Dec 29, 2017 |
| Dec 23, 2016 | $0.835 | Dec 30, 2016 |
News
Renewable-energy stocks tank after Trump wins White House
Trump, a climate change denier, is expected to upend green policies implemented by the current administration, which include solar tax credits and incentives that were part of incumbent President Joe ...
Solar stocks tumble overnight as Trump leads in election results
Solar stocks are selling off as clean energy investors worry Donald Trump is on a path to win the U.S. presidential election. Traders are worried that Trump could repeal the Inflation Reduction Act if...
Solar stocks rally as solar gets a mention in Harris-Trump debate
Long-battered U.S. solar stocks are rallying Wednesday as the sector gets a nod in presidential debate.
TAN: Solar Stocks Trending Lower Ahead Of The Election
I maintain a hold rating on TAN due to its decent valuation but weak momentum and bearish seasonality. TAN outperformed from Election Day 2016 to 2020, but is down over 20% in 2024, with assets under ...
Can Solar Stocks Shine in the Market?
"We all know the energy requirements that A.I. is going to have, and solar can maybe be a piece of that puzzle," according to Dann Ryan.
"We're a Little More Optimistic" on Solar Outlook
Rob Uek says solar has been a tough area to make money in the past couple of years, but that there's still room for the industry to grow. He and Jason Britton join Nicole Petallides discuss the headwi...
Election expected to have 'limited impact' on solar stocks, says Deutsche Bank's Corrine Blanchard
Corrine Blanchard, solar and clean tech analyst at Deutsche Bank, joins CNBC's 'Power Lunch' to discuss the impact of politics on solar stocks.
Solar stocks shine after inflation reading bolsters rate-cut hopes
Solar stocks were sharply higher on Thursday, buoyed by a cooler-than-expected inflation reading that bolstered hopes the Federal Reserve will start lowering interest rates sooner rather than later.
8 Stocks I'm Buying As A Resurgent Trade War Looms
Economic data suggests a recession may be looming, with signs of weakening in the labor market and consumer spending. Investing based on politics is not recommended, as market reactions to political e...
TAN: A Great Option To Play A Beaten Down Space
The solar energy industry has seen growth due to technological innovation and global movement towards renewables, despite a bear market for solar stocks. Invesco Solar ETF provides broad exposure to s...
Solar energy stocks gain a significant tailwind from data centers and digitalization
CNBC's Pippa Stevens joins 'Power Lunch' to discuss solar energy stocks surge.
Solar stocks are rallying, with boosts from Tesla and China
Solar stocks jumped on Wednesday, with SunPower Corp. shares leading the way after the solar-power company unveiled a deal with Tesla, Inc. for stationary batteries.
The Unknown Picks And Shovels Of A.I.
The A.I. boom has led to increased investment in products and services that fuel A.I., such as data centers and GPU makers like Nvidia. Energy producers have not been priced in as key suppliers of A.I...
Here's how Biden's slapping tariffs on Chinese EVs, chips, medical gear and more
President Joe Biden's administration has rolled out its much-anticipated new tariffs targeting Chinese electric vehicles and other key products from that country.
Sunny Outlook for Solar Stocks
Is there a sunny outlook for solar stocks? Maheep Mandloi discusses the outlook for solar demand.
NVO, ELF, TAN: Stocks & ETFs to Watch
Mish Schneider discusses her stock and ETF picks as stocks continue to tick lower today. She highlights Novo Nordisk (NVO), E.L.F. Beauty (ELF), and Invesco Solar ETF (TAN). Tune in to find out more a...
TAN: Current Macroeconomic Difficulties Will Not Stop Long-Term Growth
Invesco Solar ETF allows investors to benefit from the growth of the photovoltaic sector without high specific risks. TAN is expected to perform well due to increased demand for new photovoltaic insta...
TAN: Solar Stocks Slump To Key Support As Rates Jump
Energy stocks have performed well, but renewable energy stocks like the Invesco Solar ETF have not seen the same success. TAN has sharply underperformed the S&P 500 over the past six months, and share...
GDX, DJT, TAN: Investment Ideas
Stocks are little changed as the first quarter comes to a close. Mish Schneider discusses this and goes over some of her investment ideas which include Vaneck Gold Miners ETF (GDX), Trump Media & Tech...
TAN: 2024 Could Be Volatile
Deflation is a headwind in the solar industry as oversupply could lead to lower prices in some sectors. Tariffs on Chinese solar imports and the Inflation Reduction Act have helped some American solar...
Record January stock-market rally left these ETFs behind. Few are set to bounce.
While the megacap technology names once again drove the U.S. stock market to solid monthly gains to kick off 2024, some of the last year's stock laggards continued to struggle.
China-focused ETFs struggle amid fears of another regulatory ‘crackdown'
Hi! This week's ETF Wrap funds looks at China-focused funds that are struggling in 2024, with Clocktower's chief strategist Marko Papic providing his take on concerns tied to the country.
TAN: Madness But Signs Of Life
2023 has been tough for the solar industry, but this has not stopped impressive growth despite the challenges. Stocks are down, but business actually looks bright. The Invesco Solar ETF is a US-focuse...
TAN: Take It From A Florida Man, This One Could Shine, Then Burn
Invesco Solar ETF is a tactical trading vehicle rather than a long-term investment due to the volatile nature of the solar industry. The solar industry faces challenges and skepticism, with some belie...