http://apiprod.etf.internal.com/private/fund/TAN/fundreport
TAN

TAN

Guggenheim Solar ETF
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BID SIZEBID ($)ASK ($)ASK SIZE
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C

18
  • Overview
  • Efficiency
  • Tradability
  • Fit

TAN Fund Description

The Guggenheim Solar ETF tracks an index of solar energy companies selected based on the relative importance of solar power to the company's business model.

TAN Factset Analytics Insight

TAN offers a unique and popular take on renewable energy, holding a concentrated portfolio of companies involved in the solar energy industry, thus cutting out much of the broader renewable energy market covered by our benchmark. It adjusts each company's weight in an attempt to boost exposure to "pure-play" companies and underweight "non-pure-play" companies, based on revenues from solar-related activity. The resulting portfolio is very concentrated, holding just a handful of names. TAN overweights the US and especially China, and favors smaller firms. TAN offers adequate liquidity, though spreads are generally significant. The underlying basket is lacking in liquidity, however, and creations and redemption could cause prices to move. TAN charges a pretty steep fee, though strong short interest in solar stocks has often allowed the ETF to earn enough from lending out its securities to pay back its fee several times over. Lending income has been highly variable though, so investors holding onto TAN will have a wild ride ahead of them.

TAN MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of October 19, 2017 the Guggenheim Solar ETF MSCI ESG Fund Quality Score is 5.22 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. TAN ranks in the 82nd percentile within its peer group and in the 45th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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TAN Top 10 Countries View All

TAN Top 10 Sectors

TAN Top 10 Holdings View All

TAN Summary Data

Guggenheim
04/15/08
Open-Ended Fund
0.71%
$377.09M
$4.71M
0.11%

TAN Portfolio Data

$1.48B
-45.32
1.09
3.75%
12/23/16
25

TAN Index Data

MAC Global Solar Energy Index
Tiered
Market Cap
Thomson Reuters Global Renewable Energy

Related ETFs to TAN

PBW, FAN, PBD, ICLN, GEX
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

TAN Portfolio Management

0.71%
2.32%
2.92%
1.53%

TAN Tax Exposures

20% / 39.6%
--
Qualified dividends
No

TAN Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
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LAST 10 TRADES
TIMEPRICESHARES
14:30:0622.45100
13:35:5622.43100
12:37:4022.42150
12:37:4022.4250
12:05:0722.42100
12:05:0722.4250
12:05:0722.4220
12:05:0722.42150
12:05:0722.42400
11:22:2022.44100
Bats BZX Real-time Quote - 23:59:59
Daily Spread
Premium/Discount
Volume

TAN Factset Analytics Block Liquidity

As of 10/20/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of TAN. TAN is rated a 2 out of 5.

TAN Tradability

215,704
$4.71M
166,638
$3.67M
0.11%
$0.02
0.14%
0.91% / -1.78%
None
60%
80,000
2.08
0.03%
1.77%
3,432
$22.25
2

TAN Geographic Exposure

TANSegment Benchmark
18.53% 50.18%
9.33% 17.69%
1.33% 11.86%
2.35% 7.98%
1.02% 7.30%
-- 4.99%
1.52% --
1.17% --
47.62% --

TANSegment Benchmark
19.69% 50.18%
19.40% 29.55%
60.91% 20.26%
95.63% / 4.37% 88.14% / 11.86%

TAN Performance Statistics

0.24
0.51
0.52
0.39
1.06%
Thomson Reuters Global Renewable Energy

TAN MSCI ESG Ratings

5.22 / 10
81.95
44.74
--
54.53%
155.62

TAN BENCHMARK COMPARISON

    TAN
    25 Holdings
    Segment Benchmark
    41 Constituents
    Shared Holdings
    10 (Count)
     
    21.15% (Weight)
TANSegment Benchmark
47.62% 0.00%
16.55% 9.58%
22.13% 70.18%
13.70% 20.24%
56.69 -45.32
1.28% 1.47%
-- High