TAN vs. UTES ETF Comparison

Comparison of Invesco Solar ETF (TAN) to Reaves Utilities ETF (UTES)

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

1,192,583

Number of Holdings ^*

* may have additional holdings in another (foreign) market

UTES

Reaves Utilities ETF

UTES Description

ETFis Series Trust I - Reaves Utilities ETF is an exchange traded fund launched and managed by Virtus ETF Advisers LLC. The fund is co-managed by W. H. Reaves & Co., Inc. It invests in public equity markets of the United States. The fund invests in stocks of companies operating in the utilities sector. It invests in dividend yielding stocks of companies across all market capitalization. The fund employs fundamental analysis with a bottom-up stock picking approach with a focus on factors such as conservative capital structures, solid balance sheets, history of and/or potential for growing earnings and raising dividends, lower-than-market levels of volatility, correlation or similar characteristics earnings and cash flow potential, dividend prospects and tax treatment of dividends, strength of business franchises and estimates of net asset value to create its portfolio. ETFis Series Trust I - Reaves Utilities ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$69.69

Average Daily Volume

83,970

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TAN	UTES
30 Days	-7.91%	7.45%
60 Days	-15.57%	11.24%
90 Days	-18.59%	23.00%
12 Months	-25.40%	61.36%

0 Overlapping Holdings

	Symbol	Grade	Weight in TAN	Weight in UTES	Overlap

TAN Overweight 16 Positions Relative to UTES

Symbol	Grade	Weight
FSLR	F	9.67%
ENPH	F	6.55%
RUN	F	4.29%
HASI	D	3.37%
ARRY	F	3.08%
CWEN	C	2.99%
DQ	F	2.83%
JKS	F	2.72%
AY	A	2.33%
SEDG	F	2.3%
SHLS	F	2.2%
CSIQ	F	1.81%
AMPS	C	1.16%
NOVA	F	1.12%
RNW	D	0.94%
RENB	F	0.64%

TAN Underweight 16 Positions Relative to UTES

Symbol	Grade	Weight
NEE	C	-14.41%
VST	A	-13.81%
CEG	C	-10.62%
SRE	A	-5.08%
ETR	B	-4.74%
PNW	A	-4.63%
PEG	A	-4.51%
PPL	A	-4.4%
ATO	A	-4.39%
XEL	A	-4.26%
PNM	B	-4.21%
IDA	A	-3.87%
NI	A	-3.82%
DTE	C	-3.69%
CMS	C	-2.68%
CNP	A	-1.69%