TAN vs. CNRG ETF Comparison
Comparison of Invesco Solar ETF (TAN) to SPDR S&P Kensho Clean Power ETF (CNRG)
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
1,192,581
16
CNRG
SPDR S&P Kensho Clean Power ETF
CNRG Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Clean Power Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to capture companies whose products and services are driving innovation behind clean power. The fund may invest in equity securities that are not included in the index, cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds. It is non-diversified.Grade (RS Rating)
Last Trade
$62.13
Average Daily Volume
12,815
41
Performance
Period | TAN | CNRG |
---|---|---|
30 Days | -7.91% | 2.73% |
60 Days | -15.57% | -2.42% |
90 Days | -18.59% | -0.63% |
12 Months | -25.40% | -1.28% |
13 Overlapping Holdings
Symbol | Grade | Weight in TAN | Weight in CNRG | Overlap | |
---|---|---|---|---|---|
AMPS | C | 1.16% | 1.22% | 1.16% | |
ARRY | F | 3.08% | 1.54% | 1.54% | |
AY | A | 2.33% | 3.03% | 2.33% | |
CSIQ | F | 1.81% | 2.07% | 1.81% | |
DQ | F | 2.83% | 3.2% | 2.83% | |
ENPH | F | 6.55% | 1.43% | 1.43% | |
FSLR | F | 9.67% | 1.95% | 1.95% | |
JKS | F | 2.72% | 2.68% | 2.68% | |
NOVA | F | 1.12% | 1.93% | 1.12% | |
RNW | D | 0.94% | 1.38% | 0.94% | |
RUN | F | 4.29% | 2.11% | 2.11% | |
SEDG | F | 2.3% | 0.93% | 0.93% | |
SHLS | F | 2.2% | 2.46% | 2.2% |
TAN Underweight 28 Positions Relative to CNRG
Symbol | Grade | Weight | |
---|---|---|---|
GEV | B | -5.94% | |
TSLA | B | -4.27% | |
GNRC | C | -4.14% | |
ACA | A | -3.77% | |
ORA | B | -3.36% | |
CEG | C | -3.28% | |
NEE | C | -3.17% | |
ALE | A | -3.12% | |
AMSC | B | -3.09% | |
AGR | A | -3.07% | |
CMI | A | -2.83% | |
VMI | B | -2.78% | |
GLW | B | -2.77% | |
BE | B | -2.7% | |
AMRC | D | -2.43% | |
ROCK | C | -2.24% | |
ADTN | A | -2.23% | |
TAC | A | -2.17% | |
EBR | F | -2.17% | |
AES | F | -2.13% | |
FLNC | D | -2.07% | |
PLUG | F | -2.06% | |
AMAT | F | -1.72% | |
HY | D | -1.28% | |
GNE | F | -0.7% | |
TPIC | F | -0.52% | |
MNTK | F | -0.48% | |
ENIC | B | -0.32% |
TAN: Top Represented Industries & Keywords
CNRG: Top Represented Industries & Keywords