{
 "ticker": "TAN",
 "name": "Invesco Solar ETF",
 "issuer": "Invesco",
 "desk": "themes",
 "url": "https://etfiq.com/funds/tan",
 "html": "https://etfiq.com/funds/tan",
 "markdown": "https://etfiq.com/funds/tan.md",
 "as_of": "2026-09-11",
 "verdict": "TAN holds 40 stocks, and 90% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "10.2%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "TAN, already in the S&P 500: 10.2%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "100.0%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "TAN, active share vs the S&P 500: 100.0%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "56.6%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "TAN, top ten holdings: 56.6%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+12.6%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "TAN, total return, 1 year: +12.6%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$1.0bn",
   "source": "the issuer daily holdings, added up, as of Sep 10, 2026",
   "as_of": "2026-09-11",
   "sentence": "TAN, net assets: $1.0bn (the issuer daily holdings, added up, as of Sep 10, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.70%",
   "source": "485BPOS XBRL, Dec 18, 2025",
   "as_of": "2026-09-11",
   "sentence": "TAN, expense ratio: 0.70% (485BPOS XBRL, Dec 18, 2025)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Clean energy",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jan 4, 2010",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "10.2%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "100.0%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "0.0%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "100.0%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "56.6%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "40",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Sep 10, 2026",
   "source": "the issuer\u2019s daily file"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "First Solar Inc 10.2%, Nextpower Inc 8.8%, Enlight Renewable Energy Ltd 6.9%, Enphase Energy Inc 6.7%, HA Sustainable Infrastructure Capital Inc 4.4%, GCL Technology Holdings Ltd 4.1%, SolarEdge Technologies Inc 4.0%, Doral Group Renewable Energy Resources Ltd 3.9%, Sunrun Inc 3.9%, Clearway Energy Inc 3.7%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$1.0bn",
   "source": "the issuer daily holdings, added up, as of Sep 10, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u221261.1%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.70%",
   "source": "485BPOS XBRL, Dec 18, 2025"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.70%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "ACES 36%, FRNW 32%, ICLN 31%, CNRG 27%, VCLN 26%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "\u221225.2%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "\u221228.5 pts",
   "Gap to Nasdaq-100": "\u221224.4 pts"
  },
  {
   "window": "6 months",
   "Total return": "\u221214.9%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "\u221230.9 pts",
   "Gap to Nasdaq-100": "\u221235.5 pts"
  },
  {
   "window": "1 year",
   "Total return": "+12.6%",
   "S&P 500": "+17.5%",
   "Gap to S&P 500": "\u22124.9 pts",
   "Gap to Nasdaq-100": "\u221210.3 pts"
  },
  {
   "window": "3 years",
   "Total return": "\u221216.5%",
   "S&P 500": "+77.9%",
   "Gap to S&P 500": "\u221294.4 pts",
   "Gap to Nasdaq-100": "\u2212111.6 pts"
  },
  {
   "window": "Since launch",
   "Total return": "\u221239.8%",
   "S&P 500": "+804.4%",
   "Gap to S&P 500": "\u2212844.1 pts",
   "Gap to Nasdaq-100": "\u22121713.7 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of TAN is in S&P 500 companies?",
   "a": "By its holdings published by its issuer for Sep 10, 2026, 10% of TAN by weight is stocks the S&P 500 already holds. Its active share against the index is 100%, so that share is the part doing something different."
  },
  {
   "q": "What does TAN hold?",
   "a": "40 positions as published by its issuer for Sep 10, 2026, with the top ten at 57% of the fund. The largest are First Solar Inc at 10.2%, Nextpower Inc at 8.8%, Enlight Renewable Energy Ltd at 6.9%."
  },
  {
   "q": "Has TAN beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 TAN returned +12.6% with distributions reinvested, against +17.5% for the S&P 500, so it finished behind the index by 4.9 points."
  },
  {
   "q": "What does TAN cost?",
   "a": "The prospectus expense ratio is 0.70% a year. Because 100% of the fund differs from the S&P 500, the fee on that differing part works out at 0.70%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}