Data as of Nov 4, 2026.

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Thematic ETFs

HYDR vs TAN: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, HYDR returned −14.7% to TAN's −4.5%; 0% of their weight is in the same names.

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Net assets: $89m on Oct 12, 2026 for Global X Hydrogen ETF, and $937m on Nov 3, 2026 for Invesco Solar ETF.

At a glance
5.6%
HYDR in the S&P 500
9.7%
TAN in the S&P 500
−14.7%
HYDR total return, 1 year
−4.5%
TAN total return, 1 year
HYDR · 1 year to Nov 4, 2026 94% of its weight is outside the S&P 500
94% of its weight is outside the S&P 5006% of HYDR's weight is in S&P 500 companies and 94% is outside the index. Holdings as of Aug 31, 2026.6%94%inof its weight outside the S&P 500active share 100% · top ten 70% of the fund · 25 holdings as filed for Aug 31, 2026 · Nasdaq-100: 0% in94% of its weight is outside the S&P 5006% of HYDR's weight is in S&P 500 companies and 94% is outside the index. Holdings as of Aug 31, 2026.6%94%6% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · Nasdaq-100: 0% in

6% of HYDR's weight is in S&P 500 companies and 94% is outside the index. Holdings as of Aug 31, 2026.

TAN · 1 year to Nov 4, 2026 90% of its weight is outside the S&P 500
90% of its weight is outside the S&P 50010% of TAN's weight is in S&P 500 companies and 90% is outside the index. Holdings as of Nov 3, 2026.10%90%inof its weight outside the S&P 500active share 100% · top ten 63% of the fund · 37 holdings as published by its issuer for Nov 3, 2026 · Nasdaq-100: 0% in90% of its weight is outside the S&P 50010% of TAN's weight is in S&P 500 companies and 90% is outside the index. Holdings as of Nov 3, 2026.10%90%inof its weight outside the S&P 500active share 100% · Nasdaq-100: 0% in

10% of TAN's weight is in S&P 500 companies and 90% is outside the index. Holdings as of Nov 3, 2026.

Pair scorecard

HYDR costs 0.20 points a year less; their one-year returns differ by 10.2 points; TAN is 9.9 times larger.

Points (pts) are percentage points.

HYDR vs TAN: Holdings Overlap & Returns
MeasureHYDRTAN
Return
Total return, 1 year−14.7%−4.5%
Drawdown
Below its all-time high74.1%, high on Nov 8, 202179.0%, high on May 16, 2008
Against its benchmark
What it tracksClean energyClean energy
Its benchmark, total return, 1 year+15.0%
Against its benchmark, 1 yearbehind by 19.5 pts
Cost and size
Expense ratio0.50%0.70%
Net assets, as of Oct 12, 2026$89m$882m
Holdings
Holdings in common0%

Method

What they share

0%

By the books each fund has filed, HYDR and TAN hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 3, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first HYDR TAN
Only in one fund ↓
Only in HYDR
BLOOM ENERGY CORPORATION 13.69%
Doosan Fuel Cell Co., Ltd. 10.73%
PLUG POWER INC. 10.36%
CERES POWER HOLDINGS PLC 7.46%
SFC Energy AG 6.81%
FUELCELL ENERGY, INC. 5.54%
ITM POWER PLC 4.51%
Nel ASA 4.36%
Only in TAN
Nextpower Inc 12.58%
First Solar Inc 9.66%
Enlight Renewable Energy Ltd 7.63%
Enphase Energy Inc 6.69%
HA Sustainable Infrastructure Capital Inc 5.20%
Doral Group Renewable Energy Resources Ltd 4.88%
Clearway Energy Inc 4.49%
Sunrun Inc 4.27%
Check overlap with more funds →

Window by window

Window by window: HYDR vs TAN: Holdings Overlap & Returns
Total returnvs its benchmark
WindowHYDRTANHYDRTAN
3 months−18.7%−10.7%not measured−9.4 pts vs ACWI
6 months−44.4%−24.3%not measured−26.9 pts vs ACWI
1 year−14.7%−4.5%not measured−19.5 pts vs ACWI
3 years+12.6%+3.0%not measured−74.6 pts vs ACWI
Since launchNot the same days: HYDR Jul 2021 · TAN Apr 2008−68.6%−76.1%not measurednot measured

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Side by side

HYDR Global X Hydrogen ETF · Holds 25 stocks in clean energy, 6% of its weight in S&P 500 companies TAN Invesco Solar ETF · Holds 37 stocks in clean energy, 10% of its weight in S&P 500 companies
Theme Clean energy Clean energy
In the S&P 500 5.6% 9.7%
Active share vs the S&P 500 99.7% 100.0%
In the Nasdaq-100 0.0% 0.0%
Holdings 25 37
Top ten, share of the fund 70.4% 63.1%
Expense ratio 0.50% 0.70%
Fee for the differing part 0.50% 0.70%
Total return, 1 year −14.7% −4.5%
vs its benchmark not measured −19.5 pts vs ACWI
Below its high −74.1% −79.0%
Net assets, HYDR as of Oct 12, 2026 and TAN as of Nov 3, 2026 $89m $937m

As of Nov 4, 2026. Source: ETFIQ.

0% of the two portfolios are the same securities at the same weight.

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About each fund
HYDR

By weight, 6% of HYDR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 70% of the fund across 25 positions, as filed for Aug 31, 2026. Over the year to Nov 4, 2026 the fund returned −14.7% with distributions reinvested. It sits 74.1% below its all-time high of Nov 8, 2021.

TAN

By weight, 10% of TAN's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 63% of the fund across 37 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned −4.5% with distributions reinvested against +15.0% for its benchmark, the MSCI ACWI Index, so a holder was behind by 19.5 pts. It sits 79.0% below its all-time high of May 16, 2008.

Questions people ask

Do HYDR and TAN hold the same stocks?
By their latest filings, 0% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, HYDR or TAN?
HYDR has 6% of its weight in S&P 500 names and TAN has 10%, so TAN differs more from the index.
Which is cheaper, HYDR or TAN?
HYDR charges 0.50% a year and TAN charges 0.70%, so HYDR is cheaper. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, HYDR against TAN, data as of Nov 4, 2026. https://etfiq.com/compare/themes/hydr-vs-tan

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