Data as of Nov 4, 2026.

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Thematic ETFs

KGRN vs TAN: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, KGRN returned −26.1% to TAN's −4.5%; 4% of their weight is in the same names.

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Net assets: $44m on Nov 4, 2026 for KraneShares MSCI China Clean Technology Index ETF, and $937m on Nov 3, 2026 for Invesco Solar ETF.

At a glance
0.0%
KGRN in the S&P 500
9.7%
TAN in the S&P 500
−26.1%
KGRN total return, 1 year
−4.5%
TAN total return, 1 year
KGRN · 1 year to Nov 4, 2026 100% of its weight is outside the S&P 500
100% of its weight is outside the S&P 5000% of KGRN's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Nov 4, 2026.0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 59% of the fund · 48 holdings as published by its issuer for Nov 4, 2026 · Nasdaq-100: 0% in100% of its weight is outside the S&P 5000% of KGRN's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Nov 4, 2026.0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · Nasdaq-100: 0% in

0% of KGRN's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Nov 4, 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

TAN costs 0.09 points a year less; their one-year returns differ by 21.6 points; TAN is far larger, $937m against $43m.

Points (pts) are percentage points.

KGRN vs TAN: Holdings Overlap & Returns
MeasureKGRNTAN
Return
Total return, 1 year−26.1%−4.5%
Drawdown
Below its all-time high57.8%, high on Feb 16, 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 ratio0.79%0.70%
Net assets, as of Nov 3, 2026$43m$937m
Holdings
Holdings in common4%

Method

What they share

4%

By the books each fund has filed, KGRN and TAN hold 4% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026 and Nov 4, 2026.

0 half 100%

half

4% in common

Positions both hold · largest shared weight first KGRN TAN
XINYI SOLAR HOLDINGS LTD 3.03% 2.65%
JINKO HOLDINGS LTD- ADR 0.77% 1.03%
XINYI ENERGY HOLDINGS LTD 0.54% 0.70%
Only in one fund ↓
Only in KGRN
CGN POWER CO LTD-H 12.23%
CHINA YANGTZE POWER CO LTD-A 10.33%
BYD CO LTD-H 7.17%
CHINA NATIONAL NUCLEAR POW-A 5.43%
EB ENVIRONMENT 4.78%
CHINA LONGYUAN POWER GROUP-H 4.54%
SDIC POWER HOLDINGS CO LTD-A 3.91%
CHINA CONCH VENTURE HOLDINGS 3.64%
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%
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Window by window

Window by window: KGRN vs TAN: Holdings Overlap & Returns
Total returnvs its benchmark
WindowKGRNTANKGRNTAN
3 months−10.1%−10.7%not measured−9.4 pts vs ACWI
6 months−24.8%−24.3%not measured−26.9 pts vs ACWI
1 year−26.1%−4.5%not measured−19.5 pts vs ACWI
3 years−8.0%+3.0%not measured−74.6 pts vs ACWI
Since launchNot the same days: KGRN Oct 2017 · TAN Apr 2008−1.9%−76.1%not measurednot measured

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Side by side

KGRN KraneShares MSCI China Clean Technology Index ETF · Holds 48 stocks in clean energy, 0% 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 0.0% 9.7%
Active share vs the S&P 500 100.0% 100.0%
In the Nasdaq-100 0.0% 0.0%
Holdings 48 37
Top ten, share of the fund 59.0% 63.1%
Expense ratio 0.79% 0.70%
Fee for the differing part 0.79% 0.70%
Total return, 1 year −26.1% −4.5%
vs its benchmark not measured −19.5 pts vs ACWI
Below its high −57.8% −79.0%
Net assets, KGRN as of Nov 4, 2026 and TAN as of Nov 3, 2026 $44m $937m

As of Nov 4, 2026. Source: ETFIQ.

4% of the two portfolios are the same securities at the same weight.

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About each fund
KGRN

By weight, 0% of KGRN'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 59% of the fund across 48 positions, as published by its issuer for Nov 4, 2026. Over the year to Nov 4, 2026 the fund returned −26.1% with distributions reinvested. It sits 57.8% below its all-time high of Feb 16, 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 KGRN and TAN hold the same stocks?
By their latest filings, 4% 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, KGRN or TAN?
KGRN has 0% of its weight in S&P 500 names and TAN has 10%, so KGRN differs more from the index.
Which is cheaper, KGRN or TAN?
KGRN charges 0.79% a year and TAN charges 0.70%, so TAN is cheaper. Fees come from each fund's prospectus.
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ETFIQ, KGRN against TAN, data as of Nov 4, 2026. https://etfiq.com/compare/themes/kgrn-vs-tan

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