Data as of Nov 4, 2026.

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Thematic ETFs

RNRG vs TAN: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, RNRG returned −4.3% to TAN's −4.5%; 19% of their weight is in the same names.

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Net assets: $23m on Oct 12, 2026 for Global X Renewable Energy Producers ETF, and $937m on Nov 3, 2026 for Invesco Solar ETF.

At a glance
0.0%
RNRG in the S&P 500
9.7%
TAN in the S&P 500
−4.3%
RNRG total return, 1 year
−4.5%
TAN total return, 1 year
RNRG · 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 RNRG's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Jul 31, 2026.0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 54% of the fund · 39 holdings as filed for Jul 31, 2026 · Nasdaq-100: 0% in100% of its weight is outside the S&P 5000% of RNRG's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Jul 31, 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 RNRG's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Jul 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

RNRG costs 0.05 points a year less; their one-year returns differ by 0.2 points; TAN is far larger, $882m against $23m.

Points (pts) are percentage points.

RNRG vs TAN: Holdings Overlap & Returns
MeasureRNRGTAN
Return
Total return, 1 year−4.3%−4.5%
Drawdown
Below its all-time high43.7%, high on Jan 7, 202179.0%, high on May 16, 2008
Against its benchmark
What it tracksClean energyClean energy
Its benchmark, total return, 1 year+15.0%+15.0%
Against its benchmark, 1 yearbehind by 19.3 ptsbehind by 19.5 pts
Cost and size
Expense ratio0.65%0.70%
Net assets, as of Oct 12, 2026$23m$882m
Holdings
Holdings in common19%

Method

What they share

19%

By the books each fund has filed, RNRG and TAN hold 19% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 3, 2026.

0 half 100%

half

19% in common

Positions both hold · largest shared weight first RNRG TAN
ENLIGHT RENEWABLE ENERGY LTD 5.74% 7.63%
CLEARWAY ENERGY, INC. 2.72% 4.49%
ENERGIX - RENEWABLE ENERGIES LTD 2.98% 2.05%
Solaria Energia y Medio Ambiente, S.A. 1.82% 3.18%
Grenergy Renovables, S.A. 2.15% 1.72%
SUNRUN INC. 1.66% 4.27%
SCATEC ASA 1.09% 1.61%
RENEW ENERGY GLOBAL PLC 1.08% 1.32%
XINYI ENERGY HOLDINGS LIMITED 0.69% 0.70%
West Holdings Corporation 0.52% 0.99%
Only in one fund ↓
Only in RNRG
AXIA Energia S.A. 6.38%
VERBUND AG 6.26%
Oersted A/S 6.07%
EDP RENEWABLES SOCIEDAD ANONIMA 5.99%
PT Barito Renewables Energy Tbk 5.69%
MERIDIAN ENERGY LIMITED 4.69%
Brookfield Renewable Partners L.P. 4.61%
ENGIE Brasil Energia S.A. 4.61%
Only in TAN
Nextpower Inc 12.58%
First Solar Inc 9.66%
Enphase Energy Inc 6.69%
HA Sustainable Infrastructure Capital Inc 5.20%
Doral Group Renewable Energy Resources Ltd 4.88%
SolarEdge Technologies Inc 3.96%
GCL Technology Holdings Ltd 3.71%
Shoals Technologies Group Inc 3.12%
Check overlap with more funds →

Window by window

Window by window: RNRG vs TAN: Holdings Overlap & Returns
Total returnvs its benchmark
WindowRNRGTANRNRGTAN
3 months−7.4%−10.7%−6.1 pts vs ACWI−9.4 pts vs ACWI
6 months−19.6%−24.3%−22.2 pts vs ACWI−26.9 pts vs ACWI
1 year−4.3%−4.5%−19.3 pts vs ACWI−19.5 pts vs ACWI
3 years+9.9%+3.0%−67.7 pts vs ACWI−74.6 pts vs ACWI
Since launchNot the same days: RNRG May 2015 · TAN Apr 2008−6.4%−76.1%−224.5 pts vs ACWInot measured

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Side by side

RNRG Global X Renewable Energy Producers ETF · Holds 39 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 39 37
Top ten, share of the fund 54.3% 63.1%
Expense ratio 0.65% 0.70%
Fee for the differing part 0.65% 0.70%
Total return, 1 year −4.3% −4.5%
vs its benchmark −19.3 pts vs ACWI −19.5 pts vs ACWI
Below its high −43.7% −79.0%
Net assets, RNRG as of Oct 12, 2026 and TAN as of Nov 3, 2026 $23m $937m

As of Nov 4, 2026. Source: ETFIQ.

19% of the two portfolios are the same securities at the same weight.

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About each fund
RNRG

By weight, 0% of RNRG'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 54% of the fund across 39 positions, as filed for Jul 31, 2026. Over the year to Nov 4, 2026 the fund returned −4.3% with distributions reinvested against +15.0% for its benchmark, the MSCI ACWI Index, so a holder was behind by 19.3 pts. It sits 43.7% below its all-time high of Jan 7, 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 RNRG and TAN hold the same stocks?
By their latest filings, 19% 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, RNRG or TAN?
RNRG has 0% of its weight in S&P 500 names and TAN has 10%, so RNRG differs more from the index.
Which is cheaper, RNRG or TAN?
RNRG charges 0.65% a year and TAN charges 0.70%, so RNRG is cheaper. Fees come from each fund's prospectus.
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ETFIQ, RNRG against TAN, data as of Nov 4, 2026. https://etfiq.com/compare/themes/rnrg-vs-tan

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