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Invesco Solar ETF

Ticker: TAN
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Product Details

The Invesco Solar ETF (Fund) is based on the MAC Global Solar Energy Index (Index). The Fund will invest at least 90% of its total assets in the securities, American depositary receipts (ADRs) and global depositary receipts (GDRs) that comprise the Index. The Index is comprised of companies in the solar energy industry. The index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are rebalanced quarterly.

as of 10/31/2022 09/30/2022

Performance

Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
MAC Global Solar Energy Index -7.05 -27.34 36.11 24.31 17.49 -7.99
MSCI World Index -20.07 -18.48 6.11 6.37 8.94 5.99
Fund History (%)
Fund NAV -7.41 -27.70 36.52 25.16 19.65 -6.38
After Tax Held -7.41 -27.70 36.45 24.86 18.65 -7.10
After Tax Sold -4.39 -16.40 29.56 20.64 16.23 -4.61
Fund Market Price -7.62 -27.89 36.59 25.06 19.64 -6.39
Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
MAC Global Solar Energy Index -4.13 -7.57 35.51 27.58 16.23 -7.84
MSCI World Index -25.42 -19.63 4.56 5.30 8.11 5.52
Fund History (%)
Fund NAV -4.47 -7.84 35.93 28.48 18.46 -6.21
After Tax Held -4.47 -7.84 35.86 28.18 17.48 -6.94
After Tax Sold -2.65 -4.64 29.06 23.55 15.14 -4.53
Fund Market Price -4.76 -8.19 35.95 28.43 18.42 -6.23

Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects applicable fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV. Returns less than one year are cumulative.

As the result of a reorganization on May 18, 2018, the returns presented reflect performance of the Guggenheim predecessor fund. Invesco is not affiliated with Guggenheim.


Please keep in mind that high, double-digit and/or triple-digit returns are highly unusual and cannot be sustained.

as of 09/30/2022

Growth of $10,000

Data beginning 10 years prior to the ending date of 09/30/2022. Fund performance shown at NAV.

An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.

as of 12/01/2022

Sector Allocation

Sector Percent of Fund
Information Technology 59.10%
Utilities 20.54%
Industrials 15.47%
Materials 2.93%
Financials 1.85%
Cash 0.11%
as of 12/01/2022

Top Country Allocation

Country Percentage
United States 48.78%
China 20.45%
Spain 5.38%
Germany 4.68%
Israel 4.16%
Taiwan 3.81%
South Korea 3.58%
Switzerland 2.31%
Canada 2.24%
Japan 1.98%
as of 11/29/2022

Market Cap & Style Allocations

Large-Cap Value 5.37%
Large-Cap Blend 8.26%
Large-Cap Growth 13.47%
Mid-Cap Value 4.04%
Mid-Cap Blend 6.01%
Mid-Cap Growth 25.28%
Small-Cap Value 12.32%
Small-Cap Blend 6.91%
Small-Cap Growth 18.35%

as of 12/01/2022 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
ENPH Enphase Energy Inc 11.04
FSLR First Solar Inc 10.39
SEDG SolarEdge Technologies Inc 8.80
3800 HK GCL Technology Holdings Ltd 5.32
968 HK Xinyi Solar Holdings Ltd 4.67
RUN Sunrun Inc 4.59
DQ Daqo New Energy Corp ADR 3.40
ARRY Array Technologies Inc 3.23
009830 KS Hanwha Solutions Corp 2.93
SHLS Shoals Technologies Group Inc 2.90
The characterizations of distributions reflected in this table are as of the date noted below. The actual amounts of income, capital gains and return of capital for tax purposes are only determined after the Fund’s fiscal year end, and may differ from the amounts and characterizations reflected in the chart below. Please refer to the Tax Center for the most current and/or final characterizations of these distributions, including any distributions characterized as return of capital.

Distributions | HideView All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital Liquidation Distribution
12/21/2020 12/22/2020 12/31/2020 0.09224 0.09224 - - - -
12/23/2019 12/24/2019 12/31/2019 0.09081 0.09081 - - - -
12/24/2018 12/26/2018 12/31/2018 0.12879 0.12879 - - - -
12/26/2017 12/27/2017 12/29/2017 0.44490 0.44490 - - - -
12/23/2016 12/28/2016 12/30/2016 0.83490 0.83490 - - - -
12/24/2015 12/29/2015 12/31/2015 0.49020 0.49020 - - - -
12/24/2014 12/29/2014 12/31/2014 0.64000 0.64000 - - - -
12/24/2013 12/27/2013 12/31/2013 0.45100 0.45100 - - - -
12/24/2012 12/27/2012 12/31/2012 1.42400 1.42400 - - - -
12/23/2011 12/28/2011 12/30/2011 2.11000 2.11000 - - - -
12/27/2010 12/29/2010 12/31/2010 0.29000 0.29000 - - - -
12/24/2008 12/29/2008 12/31/2008 0.12000 0.12000 - - - -

Frequency Distribution of Discounts & Premiums

    Bid/Ask MidPoint Above NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
09/30/2022 64 13 10 4 1 0 0
06/30/2022 62 16 7 4 0 0 0
03/31/2022 62 7 11 5 1 1 0
12/31/2021 64 10 8 5 3 0 0
Year Ended 2021 252 39 26 14 10 2 0
    Bid/Ask Midpoint Below NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
09/30/2022 64 13 15 8 0 0 0
06/30/2022 62 12 15 6 2 0 0
03/31/2022 62 13 11 11 2 0 0
12/31/2021 64 7 20 11 0 0 0
Year Ended 2021 252 38 56 48 15 1 3

Fund Inception : 04/15/2008

Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.

Premiums/Discounts

Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.

 Risk & Other Information

Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.

There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund’s return may not match the return of the Underlying Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.

Investments focused in a particular industry, such as solar, and sector, such as information technology, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

The Fund is non-diversified and may experience greater volatility than a more diversified investment.

The risks of investing in securities of foreign issuers, including emerging market issuers, can include fluctuations in foreign currencies, political and economic instability, and foreign taxation issues.

Stocks of small and mid-sized companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale.

Stocks of micro-cap companies tend to involve substantially greater risks of loss and price fluctuations than more established companies.

The performance of an investment concentrated in issuers of a certain region or country is expected to be closely tied to conditions within that region and to be more volatile than more geographically diversified investments.

The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.

The MSCI World Index is an unmanaged index considered representative of stocks of developed countries. The index is computed using the net return, which withholds applicable taxes for non-resident investors.

The fund is not sponsored, endorsed, sold or promoted by MAC Indexing LLC ("licensor"). Licensor makes no representation or warranty, express or implied, regarding the advisability of investing in securities generally or in the fund particularly or the ability of the index to track general market performance. Licensor's only relationship to the licensee is the licensing of the index which is determined, composed and calculated by licensor without regard to the licensee or the product. Licensor has no obligation to take the needs of the licensee or the owners of the fund into consideration in determining & composing or calculating the index. Licensor shall not be liable to any person for any error in the index nor shall it be under any obligation to advise any person of any error therein.