TAN vs. FRNW ETF Comparison
Comparison of Invesco Solar ETF (TAN) to Fidelity Clean Energy ETF (FRNW)
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
FRNW
Fidelity Clean Energy ETF
FRNW Description
The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Clean Energy Index. Normally investing at least 80% of assets in securities included in the Fidelity Clean Energy Index and in depositary receipts representing securities included in the index. The Fidelity Clean Energy Index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum that distribute, produce or provide technology or equipment to support the production of energy from solar, wind, hydrogen and other renewable sourcesGrade (RS Rating)
Last Trade
$14.87
Average Daily Volume
5,713
19
Performance
Period | TAN | FRNW |
---|---|---|
30 Days | -6.27% | -6.01% |
60 Days | -3.61% | -2.11% |
90 Days | -1.00% | 1.04% |
12 Months | -7.46% | 3.92% |
13 Overlapping Holdings
Symbol | Grade | Weight in TAN | Weight in FRNW | Overlap | |
---|---|---|---|---|---|
ARRY | D | 2.4% | 1.49% | 1.49% | |
AY | A | 2.06% | 1.71% | 1.71% | |
CSIQ | D | 2.13% | 1.61% | 1.61% | |
CWEN | C | 2.55% | 1.85% | 1.85% | |
ENPH | F | 7.79% | 2.81% | 2.81% | |
FSLR | C | 9.06% | 4.07% | 4.07% | |
JKS | A | 3.15% | 2.11% | 2.11% | |
NOVA | F | 1.33% | 0.76% | 0.76% | |
RENB | F | 0.61% | 0.79% | 0.61% | |
RNW | F | 0.93% | 1.2% | 0.93% | |
RUN | C | 5.06% | 1.82% | 1.82% | |
SEDG | F | 2.79% | 1.34% | 1.34% | |
SHLS | F | 2.02% | 1.43% | 1.43% |
TAN: Top Represented Industries & Keywords
FRNW: Top Represented Industries & Keywords