Guggenheim Solar ETF (TAN)
Description
The investment seeks to track the performance of the MAC Global Solar Energy (TR). The TAN ETF contains 46 constituents. It is focused on blend holdings in the North America region.
Price $65.37 as of 2022-10-20Cost/Risk/Yield
| Dividend yield | |
| Expense ratio | 0.69% |
| Average spread | 0.107% |
| 1Y roundtrip cost | 0.797% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -14.9% | 9.1% | 5.6% | -14.9% | 10.7% | 0.4% | 19.9% | -1.4% | -12.7% | -11.2% | -9.5% | ||
| 2021 | 5.8% | -6.8% | -9.4% | -9.4% | -4.9% | 12.9% | -4.1% | -0.0% | -6.6% | 24.0% | -9.7% | -14.0% | -22.3% |
| 2020 | 4.4% | 13.4% | -30.8% | 19.4% | 12.1% | 6.9% | 24.7% | 26.2% | 14.1% | 6.1% | 23.0% | 21.6% | 141.1% |
| 2019 | 25.6% | 7.0% | -7.1% | 8.3% | 2.3% | 10.1% | 4.4% | 3.5% | -3.9% | -4.4% | -0.4% | 10.4% | 56.0% |
| 2018 | -0.3% | -3.2% | 1.2% | 0.2% | 3.5% | -9.3% | -1.6% | -4.0% | -5.0% | -10.8% | 13.8% | -11.3% | -26.7% |
| 2017 | 4.3% | 8.5% | -7.9% | 1.3% | 5.8% | 7.5% | 8.8% | 0.3% | -0.2% | 10.8% | 2.5% | 4.1% | 45.6% |
| 2016 | -17.7% | -7.0% | -3.4% | 5.1% | -7.6% | -4.8% | 2.2% | -2.4% | -2.9% | -6.0% | -8.2% | -0.8% | -53.3% |
| 2015 | -0.8% | 16.8% | 12.5% | 5.8% | -9.6% | -7.7% | -9.9% | -16.3% | -10.2% | 12.3% | -10.9% | 17.3% | -0.9% |
| 2014 | 11.8% | 18.7% | -5.3% | -7.5% | -0.2% | 9.3% | -11.6% | 10.1% | -6.3% | -5.7% | -6.8% | -2.8% | 3.7% |
| 2013 | 14.6% | 0.2% | -10.9% | 27.4% | 22.3% | -4.7% | 20.1% | -4.8% | 27.1% | 5.2% | 6.3% | -7.7% | 95.1% |
| 2012 | 22.7% | -4.6% | -13.9% | -11.0% | -20.6% | 4.3% | -16.6% | 9.2% | 0.3% | -12.5% | -2.5% | 19.5% | -25.7% |
| 2011 | 9.0% | 3.1% | 7.2% | 0.0% | -14.9% | -5.1% | -9.6% | -15.1% | -40.8% | 8.4% | -12.3% | -13.0% | -83.0% |
| 64.4% | 55.4% | -62.3% | 24.7% | -1.2% | 19.9% | 26.7% | 5.2% | -47.3% | 16.2% | -5.2% | 23.4% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 0.09 | 0.09 | |||||||||||
| 2019 | 0.09 | 0.09 | |||||||||||
| 2018 | 0.13 | 0.13 | |||||||||||
| 2017 | 0.45 | 0.45 | |||||||||||
| 2016 | 0.83 | 0.83 | |||||||||||
| 2015 | 0.49 | 0.49 | |||||||||||
| 2014 | 0.64 | 0.64 | |||||||||||
| 2013 | 0.45 | 0.45 | |||||||||||
| 2012 | 1.42 | 1.42 | |||||||||||
| 2011 | 2.11 | 2.11 | |||||||||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.71 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| Enphase Energy, Inc. | 12.42% |
| SolarEdge Technologies, Inc. | 11.20% |
| Sunrun Inc. | 7.21% |
| First Solar, Inc. | 7.01% |
| Xinyi Solar Holdings Ltd. | 6.10% |
| Daqo New Energy Corp Sponsored ADR | 3.89% |
| SunPower Corporation | 3.20% |
| Sunnova Energy International Inc | 3.18% |
| Shoals Technologies Group, Inc. Class A | 3.14% |
| Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 2.74% |
| Array Technologies Inc | 2.72% |
| JinkoSolar Holding Co., Ltd. Sponsored ADR | 2.66% |
| Atlantica Sustainable Infrastructure plc | 2.61% |
| Encavis AG | 2.22% |
| Canadian Solar Inc. | 2.21% |
| Top 15 Weights | 72.51% |
Compare with similar ETFs
| TAN | GIGE | ICLN | LOUP | OGIG | XKCP | |
|---|---|---|---|---|---|---|
| Product name | Guggenheim Solar ETF | SoFi Gig Economy ETF | iShares Global Clean Energy ETF | Innovator Loup Frontier Tech ETF | O’Shares Global Internet Giants ETF | SPDR Kensho Clean Power ETF |
| Issuer | Invesco | SoFi | iShares | Innovator | O'Shares | N/A |
| Price | $65.37 | $13.02 | $17.63 | $27.3818 | $24.78 | $77.34 |
| Expense Ratio | 0.69% |  0.59% | 0.42% |  0.7% | 0.48% | 0.45% |
| Average Spread | 0.107% | 0.768% | 0.057% | 0.402% | 0.242% | 0.155% |
| AUM | $2,624,500,000 | $11,292,100 | $4,795,260,000 | $37,714,900 | $272,747,000 | $0 |
| Shares | 40,148,335 | 867,291 | 271,994,460 | 1,377,372 | 11,006,759 | 0 |
| Average Daily Volume | 1,436,847 | 1,653 | 7,264,635 | 8,600 | 56,280 | 25,650 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2008-04-15 | 2019-05-08 | 2008-06-24 | 2018-07-25 | 2018-06-05 | 2018-10-22 |
| Index Tracked | MAC Global Solar Energy (TR) | No Underlying Index | S&P Global Clean Energy | Loup Frontier Tech Index | O’Shares Global Internet Giants Index | S&P Kensho Clean Power Index |
| Category | Alternative Energy Equities | Global Equities | Alternative Energy Equities | Global Equities | Large Cap Growth Equities | Alternative Energy Equities |
| Asset Class | Equity | Equity | Equity | Equity | Equity | Equity |
| Asset Class Size | Large/Mid/Small Caps | Large/Mid/Small Caps | Large/Mid Caps | Large/Mid/Small Caps | Large/Mid Caps | Large/Mid/Small Caps |
| Value or Growth | Blend | Growth | Blend | Blend | Growth | Blend |
| Region | North America | North America | North America | North America | North America | North America |
| Countries | Broad | Broad | Broad | Broad | Broad | Broad |
| Annual Dividend Rate | $0 | $0 | $0.266 | $0 | $0 | $1.196 |
| Annual Dividend Yield | 0.000% | 0.000% | 0.015% | 0.000% | 0.000% | 0.015% |
| Number of Holdings | 46 | 73 | 81 | 29 | 90 | 42 |
| YTD Return | -15.07% | -54.81% | -16.15% | -48.91% | -49.66% | -13.52% |
| Beta | -0.20 | 0.96 | 0.20 | 1.30 | 1.22 | 1.42 |
| Upside Beta | 0.07 | 0.16 | 0.15 | 0.63 | 0.50 | 0.91 |
| Downside Beta | -0.24 | -0.47 | -0.20 | 0.57 | 0.53 | 1.23 |
| Volatility 1Y | 47.39% | 57.21% | 35.72% | 39.99% | 48.49% | 38.72% |
| Sharpe Ratio 3Y | 1.37 | -0.44 | 0.92 | 0.22 | 0.00 | 1.38 |
| Treynor Ratio 3Y | -0.21 | -0.01 | 0.11 | 0.00 | 0.00 | 0.03 |