ATLASInvesco Solar ETF (TAN): outlook, holdings and fees
Invesco Solar ETF (TAN) is an exchange-traded fund and is managed by Invesco. The expense ratio is 0.64% and the yield is 0.00%. The ten largest holdings are 61% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on TAN
| Last price | $42.15 (+4.9%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 50% |
| Likely 1-month range (50%) | $39.80 – $44.74 |
| Normal 1-day range (±1σ) | ±2.0% |
| Distribution yield | 0.00% · annual |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
TAN fund facts
| Issuer | Invesco |
|---|---|
| Theme | Clean energy |
| Assets under management | $882M |
| Expense ratio | 0.64% |
| Number of holdings | 35 |
| Portfolio turnover | 35% |
| Inception | Apr 15, 2008 |
| Exchange | NYSE |
The fund will generally invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, MAC Indexing LLC, has contracted with S&P DJI Netherlands B.V. to calculate and administer the underlying index, which seeks to track the performance of companies in global solar energy businesses. The fund is non-diversified.
TAN top holdings
| Holding | Sector | Weight |
|---|---|---|
| Nextpower Inc. NXT | Technology | 10.72% |
| First Solar Inc FSLR | Technology | 9.55% |
| Enlight Renewable Energy Ltd ENLT | Utilities | 8.17% |
| Enphase Energy Inc ENPH | Technology | 7.04% |
| Hannon Armstrong Sustainable Infrastructure Capital Inc HASI | Financial Services | 4.88% |
| Doral Group Renewable Energy Resources Ltd DORL | Utilities | 4.57% |
| GCL-Poly Energy Holdings Ltd 3800 | Technology | 4.60% |
| Clearway Energy Inc Class C CWEN | Utilities | 4.02% |
| SolarEdge Technologies Inc SEDG | Technology | 3.87% |
| Sunrun Inc RUN | Technology | 3.90% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
TAN sector breakdown
| Sector | Weight |
|---|---|
| Technology | 62.7% |
| Utilities | 28.9% |
| Financial Services | 5.1% |
| Industrials | 3.3% |
By region: North America 51.2%, Africa/Middle East 17.0%, Asia Emerging 13.5%, Europe Developed 9.2%, Asia Developed 7.4%.
TAN returns and risk
| Year to date | -11.8% |
|---|---|
| 1 year | -3.2% |
| 3 years (annualised) | -3.7% |
| 5 years (annualised) | -12.6% |
| 10 years (annualised) | +8.7% |
| Volatility (3 years) | 40.3% |
| Sharpe ratio (3 years) | -0.06 |
Past returns do not guarantee future results.
TAN: frequently asked questions
What does TAN invest in?
Invesco Solar ETF invests in a portfolio of securities. Its largest holdings are Nextpower Inc. (10.7%), First Solar Inc (9.6%), Enlight Renewable Energy Ltd (8.2%), Enphase Energy Inc (7.0%), Hannon Armstrong Sustainable Infrastructure Capital Inc (4.9%).
What is the TAN expense ratio?
0.64% a year: about $64.00 for every $10,000 invested.
What is the TAN dividend yield?
0.00%, paid annual. ATLAS does not hold the exact distribution dates for ETFs.
Will TAN go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 50%, with a likely range (50%) of $39.80 to $44.74 from $42.15 today. It is a probability, not a prediction.
How has TAN performed?
Year to date -11.8%, one year -3.2%, three years -3.7% a year, five years -12.6% a year. Past returns do not guarantee future results.
Similar ETFs: Clean energy
Educational information, not investment advice. Disclaimer