ETF·NYSE
Invesco Solar ETF (TAN)
- Net assets
- $899.58M
- Expense ratio
- 0.70%
- Yield
- 0.34%
- 52-week range
- $41.61 $75.60
The short version
Where TAN stands today, in four lines, and what CleaRank Financial AI makes of it.
TAN at a glance
Invesco Solar ETF (TAN): Strong Sell, 12/100 on CleaRank's AI score.
- Trend Down: the price is below both its 50- and 200-day moving averages ($46.85 and $54.57).
- Fund Expense ratio 0.70%, $899.6M in net assets, +0.7% total return over 1 year.
Figures as of October 16, 2026.
CleaRank Financial AI
CleaRank rates Invesco Solar ETF (TAN) Strong Sell, with a model score of 12/100.
The trend holds it back most: the price is 23.35% below its 200-day average and 10.71% below its 50-day average, and the 50-day average is 14.16% below the 200-day. The 50-day average stands at $46.85 and the 200-day at $54.57. Over the past year the price fell 12.91%.
Only on CleaRank
Figures we compute ourselves from TAN's own price history. Tap one to see it in context.
Price and trading
The chart, today's range and how far the price has moved over each period.
Trend checks
0/4Price above its 50-day average ›
The price of $41.83 is 10.7% below the 50-day simple moving average of $46.85.Price above its 200-day average ›
The price is 23.3% below the 200-day simple moving average of $54.57.50-day average above the 200-day ›
The 50-day average ($46.85) is 14.2% below the 200-day average ($54.57), the arrangement of a falling longer-term trend.In the upper half of its 52-week range ›
The price sits at 1% of its 52-week range, between $41.61 and $75.60.
TAN share price
Pick a period: each tab shows how far TAN has moved over it, to the last close.
Today's trading
Where TAN sits inside today's range and its 52-week range.
Fund facts and valuation
What the fund holds, what it costs and how it is valued.
Fund checks
2/5Expense ratio at or below 0.20% ›
The fund charges 0.70% a year, $70.00 on a $10,000 holding.Over $1B in net assets ›
Net assets total $899.6M.No sector above 35% of the fund ›
The largest sector, Technology, makes up 60.9% of the fund.Pays a distribution ›
The distribution yield is 0.34%.Positive return over one year ›
The fund family reports a one-year total return of 0.71%.
TAN Fund Facts
Invesco Solar ETF is an exchange-traded fund that provides targeted exposure to companies involved in the global solar energy industry. The fund aims to track the MAC Global Solar Energy Index, which includes businesses across the solar value chain such as panel manufacturers, equipment suppliers, project developers, installers, and related service providers. By concentrating on solar-focused firms, the ETF serves as a thematic equity vehicle for investors seeking diversified access to this renewable energy segment through a single listed product.
Sector weights
Trailing total returns
| Period | TAN |
|---|---|
| YTD | -10.68% |
| 1 month | -8.02% |
| 3 months | -25.63% |
| 1 year | 0.71% |
| 3 years | -5.28% |
| 5 years | -11.20% |
| 10 years | 9.00% |
As of Oct 16, 2026, TAN has an expense ratio of 0.70%, $899.58M in net assets and a distribution yield of 0.34%.
Fund reference data as of Oct 16, 2026. Expense ratio and net assets are reported by the fund; returns are total returns and can differ from price change.
Key statistics
The headline figures for TAN.
What the numbers say
CleaRank Financial AI's reading of TAN's holdings, performance and risks.
TAN is led by Technology, which makes up 60.9% of the fund, followed by Utilities at 30.6% and Financial Services at 4.8%. With more than half in one sector, TAN moves with that sector more than a broadly spread fund would. TAN is a Miscellaneous Sector fund from Invesco, launched on April 15, 2008.
Costs run at 0.70% a year, or $70.00 on a $10,000 holding. The fund's net assets come to $899.6M, its distribution yield is 0.34%, and portfolio turnover is 41%.
Day-to-day volatility is the first thing to plan around: TAN has moved 2.02% on an average session. Concentration matters here: Technology makes up 60.9% of the fund, so a setback in that sector would weigh on the whole. The downtrend is itself a risk for as long as the price stays under both moving averages. The price is 44.67% below its 52-week high of $75.60.
AI analysis and technicals
CleaRank's score and reasoning, the indicators behind it, and what the price moves with.
Momentum checks
1/3RSI not overbought or oversold ›
The 14-day RSI is 36.1, showing bearish momentum without being oversold.RSI above 50 ›
An RSI of 36.1 is below the 50 midpoint, so sellers have had the upper hand over the last 14 days.MACD line above zero ›
The MACD line is negative, so the 12-day average is below the 26-day average.
CleaRank AI analysis of TAN
The score, the reasoning behind it, and what could move the price next.
Both moving averages sit above the price, the shape of a downtrend for Invesco Solar ETF (TAN): the price of $41.83 is 10.71% below the 50-day average ($46.85) and 23.35% below the 200-day average ($54.57). At 1% of its 52-week range, the price is 0.53% above the 52-week low of $41.61. The averages agree: the 50-day is 14.16% below the 200-day.
On momentum, the 14-day RSI reads 36.1, in the bearish zone, above the oversold line, with the MACD line negative. Every period on the chart shows a loss, with the price down 22.39% over the past three months, 24.12% over the past six months and 12.91% over the past year.
- Two levels matter most right now. Above the price, the 20-day EMA sits at $44.00. Below it, the 52-week low is at $41.61.
- The 14-day RSI reads 36.1, in the bearish zone, with the MACD line negative; readings above 70 or below 30 mark stretched momentum.
- Fees add up over time. TAN's expense ratio of 0.70% a year means $70.00 on every $10,000 invested.
The downtrend stays in place while TAN is below both its 50-day average at $46.85 and its 200-day average at $54.57; a close back above the 50-day would be the first step of a repair. The 20-day EMA at $44.00 is the first hurdle overhead.
The 52-week low at $41.61 is the next level below. The RSI sits in the bearish band, which leans against a quick recovery.
Technical indicators
Momentum and trend for TAN, from its daily closes.
As of October 16, 2026, with TAN at $41.83, its 14-day RSI is 36.1 (showing bearish momentum without being oversold), its 50-day simple moving average is $46.85 and its 200-day is $54.57.
Calculated by CleaRank on daily closes as of October 16, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26).
What TAN moves with
Correlation of daily returns over one year: +1 moves in step, 0 has no link, -1 moves the opposite way.
As of October 16, 2026, TAN's 1-year correlation of daily returns is +0.46 with S&P 500 (SPY), +0.49 with Nasdaq 100 (QQQ), +0.33 with Bitcoin (BTC) and +0.28 with gold (XAU).
A trade plan, if you want one
Entry, stop and target levels from the moving averages and recent volatility. Educational, not advice.
TAN trade plan
Entry, stop and target levels, sized to your account. Change the bias or the risk and every level updates.
Short entry pick an entry style
Risk management
Profit targets (Based on Conservative Entry)
These levels come from TAN's moving averages and recent volatility, not from a forecast. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Risk profile
How much TAN tends to move, against the market and on its own.
The long record
TAN's worst falls and recoveries, what $10,000 became, and which months have been kind to it.
Track record checks
0/4Average daily move under 2% ›
The price has moved 2.02% on an average day (30-day standard deviation of daily returns).Recovered from its worst fall ›
The worst fall was 78.5%, from February 2021 to April 2025; the price is still 65.5% below that peak.Most 1-year holds ended higher ›
57% of 1-year holding periods in the last 10 years ended with a gain.Beat the S&P 500 since the chart begins ›
$10,000 invested in October 2016 is now worth $22,979, against $42,525 in the S&P 500 (SPY).
TAN Drawdowns & Recovery
As of October 16, 2026, TAN's worst peak-to-trough fall over the last 10 years with dividends reinvested was -78.5% (February 2021 to April 2025); it is still 65.5% below that peak, and 57% of 1-year holding periods ended with a gain.
From weekly closing values with dividends reinvested. A drawdown is the fall from the highest value reached so far to a later low.
Growth of $10,000
What $10,000 put into TAN in October 2016 is worth now, against the same amount in the S&P 500.
Against the market: TAN trailed the S&P 500 over this period: $22,979 against $42,525.
A $10,000 investment in TAN in October 2016 would be worth about $22,979 today with dividends reinvested, compared with about $42,525 for the same investment in the S&P 500 benchmark (also with dividends reinvested).
Seasonal patterns
Which calendar months have been kind to TAN, and which have not.
Strongest month, May: an average of +7.64%, up in 8 of 10 years.
Weakest month, March: an average of -6.14%, up in 2 of 10 years.
This month, October: has averaged -1.33%, up in 4 of 9 years. Past seasonality does not repeat on schedule.
Over the last 10 years, TAN's strongest calendar month has been May (average +7.64%, up in 8 of 10 years) and its weakest March (average -6.14%, up in 2 of 10 years).
Average return for each calendar month over the last 10 years, from weekly closing prices with dividends included.
Long-term scenarios
Thousands of simulated paths from the price history. A range of outcomes, not a forecast.
Monte Carlo projection
Thousands of simulated paths for $10,000 in TAN, from its own past volatility. The shaded area holds 80% of them.
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in TAN today could grow to about $19,535 by 2036 in the base case, with a 90th-percentile outcome near $93,048 and a 10th-percentile outcome around $4,101. The simulation models price only; at today's 0.34% yield, dividends would add to these figures. Projections are statistical simulations, not guarantees.
TAN 2030 Scenarios (Monte Carlo)
The same simulation in share prices, year by year.
CleaRank's simulation projects a price near $54.68 for TAN by 2030 in the base case, from $41.83 today (1.3x over 4 years). The 10th-percentile path ends near $20.37. These are outcomes of a Monte Carlo simulation run on TAN's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | 10th percentile | Base case | 90th percentile | range base today |
|---|---|---|---|---|
| 2027 | $27.30 | $44.73 | $73.27 | |
| 2028 | $23.79 | $47.82 | $96.12 | |
| 2029 | $21.75 | $51.14 | $120 | |
| 2030 | $20.37 | $54.68 | $147 | |
| 2031 | $19.39 | $58.46 | $176 |
Method: a lognormal simulation of TAN's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles.
Questions people ask
Answered from the figures on this page, as of October 16, 2026.