TAN vs. PBD ETF Comparison
Comparison of Invesco Solar ETF (TAN) to PowerShares Global Clean Energy Portfolio (PBD)
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
$34.64
Average Daily Volume
1,200,240
16
PBD
PowerShares Global Clean Energy Portfolio
PBD Description
The PowerShares Global Clean Energy Portfolio (Fund) is based on the WilderHill New Energy Global Innovation Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and American Depository Receipts (ADRs) based on the securities in the Index. The Index seeks to deliver capital appreciation and is composed of companies that focus on greener and generally renewable sources of energy and technologies facilitating cleaner energy. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$11.87
Average Daily Volume
38,339
33
Performance
| Period | TAN | PBD |
|---|---|---|
| 30 Days | -6.48% | -7.70% |
| 60 Days | -15.39% | -11.88% |
| 90 Days | -17.86% | -13.06% |
| 12 Months | -24.72% | -15.59% |
11 Overlapping Holdings
| Symbol | Grade | Weight in TAN | Weight in PBD | Overlap | |
|---|---|---|---|---|---|
| ARRY | C | 3.08% | 1.19% | 1.19% | |
| CSIQ | F | 1.81% | 0.82% | 0.82% | |
| ENPH | F | 6.55% | 0.56% | 0.56% | |
| FSLR | F | 9.67% | 0.86% | 0.86% | |
| HASI | D | 3.37% | 0.9% | 0.9% | |
| JKS | F | 2.72% | 1.13% | 1.13% | |
| NOVA | F | 1.12% | 0.49% | 0.49% | |
| RENB | F | 0.64% | 0.83% | 0.64% | |
| RUN | F | 4.29% | 0.57% | 0.57% | |
| SEDG | F | 2.3% | 0.53% | 0.53% | |
| SHLS | F | 2.2% | 1.0% | 1.0% |
TAN Underweight 22 Positions Relative to PBD
| Symbol | Grade | Weight | |
|---|---|---|---|
| XPEV | C | -1.88% | |
| ITRI | B | -1.24% | |
| EOSE | D | -1.21% | |
| NIO | F | -1.18% | |
| ACHR | B | -1.18% | |
| HUBB | B | -1.17% | |
| BE | B | -1.13% | |
| ORA | B | -1.1% | |
| SQM | F | -1.04% | |
| DAR | C | -1.03% | |
| ATKR | C | -0.99% | |
| AMRC | F | -0.97% | |
| PLUG | F | -0.95% | |
| OLED | D | -0.9% | |
| QS | F | -0.84% | |
| CNM | D | -0.83% | |
| BLBD | D | -0.8% | |
| RIVN | F | -0.77% | |
| LCID | F | -0.66% | |
| CHPT | F | -0.64% | |
| TPIC | F | -0.63% | |
| WOLF | F | -0.59% |
TAN: Top Represented Industries & Keywords
PBD: Top Represented Industries & Keywords
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