Is TAN a good investment?

Invesco Solar ETF (TAN) is a clean-energy ETF. As of September 11, 2026, ETF Copilot scores TAN 4.0 out of 10 — highest on Growth (8.6), lowest on Risk (0.2). It trades at 21.6 times earnings, against its own median of 16.6. Its ten largest holdings are 57% of the fund.

Updated September 11, 2026

How is TAN rated? ETF Copilot scores Invesco Solar ETF (TAN) 4.0 out of 10

As of September 11, 2026, ETF Copilot scores Invesco Solar ETF (TAN) 4.0 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 4.0 / 10
Growth: 8.6 / 10
Valuation: 5.4 / 10
Risk: 0.2 / 10
Quality: 2.4 / 10
Return: 1.9 / 10

What is TAN's expense ratio? 0.70% a year

As of September 11, 2026, TAN charges 0.70% a year, yields 0.66% and holds $1.0B in assets across 35 positions.

Invesco Solar ETF (TAN) — cost, income and size
Measure	TAN
Expense ratio	0.70%
Dividend yield	0.66%
Assets under management	$1.0B
Holdings	35

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

What stands out in TAN's data

Global solar energy companies, from panel makers to project developers.

Earns the same on its equity as the typical clean-energy fund — no edge from profitability.

Return on equity of 3.3% sits in line with the category median, and the fund's top ten holdings account for 56.6% of assets.

A focused bet on the solar supply chain — narrow reach for direct exposure to the industry.

Why did TAN move this week? It fell 1.2% in the week to September 11, 2026 — Doral Group Renewable Energy Resou and Enlight Renewable Energy drove it

TAN fell 1.2% in the week to September 11, 2026. The holdings that moved it most were Doral Group Renewable Energy Resou (−11.4%), Enlight Renewable Energy (−4.2%) and Hannon Armstrong Sustainable (−6.2%); Solaria Energia y Medio Ambi (+10.8%) pushed the other way.

Is TAN expensive right now? It trades at 21.6 times earnings, against its own median of 16.6

As of September 11, 2026, TAN is more expensive than 76% of its own 114 monthly readings since 2017 — 87 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside TAN? 11% Tech

What's inside TAN: Size (Large 0%, Mid 26%, Small 74%); Geography (International 55%, US 45%); Tech 11.3%; Semiconductors 1.6%.

What are TAN's top holdings? The ten largest are 57% of the fund

First Solar, Nextpower, Enlight Renewable Energy, Enphase Energy, Hannon Armstrong Sustainable, GCL Technology, SolarEdge, Doral Group Renewable Energy Resources, Sunrun and Clearway Energy are TAN's largest holdings, in that order.

More concentrated than 73% of Clean Energy ETFs.

Half of TAN's weight sits in its 9 largest positions, and once those weights are taken into account it behaves like 22 equally weighted holdings.

Cite this

ETF Copilot, “Invesco Solar ETF (TAN) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/tan