TAN vs. ICLN ETF Comparison

Comparison of Invesco Solar ETF (TAN) to iShares S&P Global Clean Energy Index Fund (ICLN)

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

$41.08

Average Daily Volume

929,668

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ICLN

iShares S&P Global Clean Energy Index Fund

ICLN Description

The investment seeks to track the investment results of an index composed of global equities in the clean energy sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Global Clean Energy IndexTM (the "underlying index"), which is designed to track the performance of approximately 30 of what is expected to be the most liquid and tradable securities of global companies involved in clean energy related businesses. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$13.45

Average Daily Volume

2,331,966

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TAN	ICLN
30 Days	-2.49%	-5.01%
60 Days	2.73%	-5.15%
90 Days	4.85%	-0.74%
12 Months	-8.01%	-0.18%

2 Overlapping Holdings

	Symbol	Grade	Weight in TAN	Weight in ICLN	Overlap
	ENPH	D	7.79%	7.49%	7.49%
	FSLR	C	9.06%	8.19%	8.19%

TAN Overweight 14 Positions Relative to ICLN

Symbol	Grade	Weight
RUN	C	5.06%
HASI	A	3.77%
DQ	A	3.66%
JKS	A	3.15%
SEDG	F	2.79%
CWEN	C	2.55%
ARRY	D	2.4%
CSIQ	C	2.13%
AY	A	2.06%
SHLS	D	2.02%
NOVA	F	1.33%
AMPS	C	0.95%
RNW	F	0.93%
RENB	D	0.61%

TAN Underweight 1 Positions Relative to ICLN

	Symbol	Grade	Weight
	ED	C	-6.52%