TAN - Solar ETF

Description: The Index is designed to track companies within the following business segments of the solar energy industry: companies that produce solar power equipment and products for end-users, companies that produce fabrication products (such as the equipment used by solar cell and module producers to manufacture solar power equipment) or services (such as companies specializing in the solar cell manufacturing or the provision of consulting services to solar cell and module producers) for solar power equipment producers, companies that supply raw materials or components to solar power equipment producers or integrators; companies that derive a significant portion of their business from solar power system sales, distribution, installation, integration or financing; and companies that specialize in selling electricity derived from solar power.

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TAN - Profile


Summary Data for TAN

52 Week Lo: $29.73 52 Week Hi: $51.07
AUM: $437.1 M Shares: 9.8 M
Avg. Volume (1 month) 178,648 Avg. Volume (3 month) 237,991
Filings Data as of:

TAN - Holdings

Top Ten Holdings

  1. SunEdison Inc SUNE: 8.09%
  2. SolarCity Corp SCTY: 7.85%
  3. First Solar Inc FSLR: 7.45%
  4. GCL-Poly Energy Holdings Ltd GCPEF: 6.23%
  5. Hanergy Solar Group Ltd HNGSF: 5.50%
  6. Canadian Solar Inc CSIQ: 5.26%
  7. GT Advanced Technologies Inc GTAT: 5.10%
  8. SunPower Corp SPWR: 4.85%
  9. Trina Solar Ltd ADR TSL: 4.02%
  10. Shunfeng Photovoltaic International Ltd SHUNF: 3.96%
%Assets in Top 10: 58.31%
Total Holdings: 26.0

TAN Asset Allocation


Asset Percentage
U.S. Stocks 38.5%
International Stocks 61.5%
U.S. Bonds 0.0%
International Bonds 0.0%
Preferred Stock 0.0%
Convertibles 0.0%
Cash 0.0%
Other 0.0%

TAN Sector Breakdown


Sector Percentage
Technology 89.5%
Utilities 6.23%
Industrials 2.87%
Basic Materials 1.4%
Consumer Cyclical 0.0%
Consumer Defensive 0.0%
Real Estate 0.0%
Communication Services 0.0%
Energy 0.0%
Health Care 0.0%
Financial Services 0.0%

TAN Market Cap Breakdown


Market Cap Percentage
Giant 0.0%
Large 11.73%
Medium 47.18%
Small 32.47%
Micro 8.62%

TAN Region Breakdown


Region Percentage
U.S. 38.5%
Asia (Emerging) 37.66%
Canada 6.65%
Asia (Developed) 5.5%
Europe 2.6%
Africa 0.0%
Japan 0.0%
Latin America 0.0%
Australia 0.0%
Middle East 0.0%
Region Percentage
Developed 62.34%
Emerging 37.66%

TAN Country Breakdown


Country Percentage
United States 38.5%
China 37.66%
Canada 6.65%
Norway 6.21%
Hong Kong 5.5%
Switzerland 2.87%
Germany 2.6%
Other 0.01%
© 2014 Morningstar Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

TAN - Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.

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TAN - Charts

The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.

The following chart also includes the option to compare the performance of TAN relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.

TAN - Fundamentals

TAN Performance

1 Week Return: -3.94%
2 Week Return: -3.84%
4 Week Return: -0.37%
13 Week Return: -2.57%
26 Week Return: -5.28%
YTD Return: 23.99%
1 Year Return: 42.37%
3 Year Return: 9.86%
5 Year Return: -53.89%

TAN Expenses & Fees

TAN Valuation

P/E Ratio: 17.21
Beta: 2.77
20 Day Moving Average: $44.22
60 Day Moving Average: $42.67

TAN Dividend

Annual Dividend Rate: $0.45
Dividend Date: 2013-12-24
Dividend: $0.45
Annual Dividend Yield %: 1.02%

TAN Volatility

5 Day Volatility: 77.25%
20 Day Volatility: 24.28%
50 Day Volatility: 24.90%
200 Day Volatility: 28.30%
Standard Deviation: 3.79%

TAN - Technicals

TAN Technicals

20 Day MA: $44.22
60 Day MA: $42.67
MACD 15 Period: -0.75
MACD 100 Period: 1.73
Williams % Range 10 Day: 74.24
Williams % Range 20 Day: 74.24
RSI 10 Day: 47
RSI 20 Day: 51
RSI 30 Day: 52
Ultimate Oscillator: 45

TAN Bollinger Bands

Lower Bollinger (10 Day): $43.13
Upper Bollinger (10 Day): $46.02
Lower Bollinger (20 Day): $42.75
Upper Bollinger (20 Day): $45.75
Lower Bollinger (30 Day): $40.97
Upper Bollinger (30 Day): $46.15

TAN Support & Resistance

Support Level 1: $43.00
Support Level 2: $42.39
Resistance Level 1: $44.43
Resistance Level 2: $45.25

TAN Stochastic

Stochastic Oscillator %D (1 Day): 35.55
Stochastic Oscillator %D (5 Day): 40.11
Stochastic Oscillator %K (1 Day): 45.39
Stochastic Oscillator %K (5 Day): 42.56

TAN Volatility

5 Day Volatility: 77.25%
20 Day Volatility: 24.28%
50 Day Volatility: 24.90%
200 Day Volatility: 28.30%
Standard Deviation: 3.79%

TAN - ETFdb Realtime Rating & Analyst Report

TAN is a passive ETF that seeks to replicate MAC Global Solar Energy Index. The Index is designed to track companies within the following business segments of the solar energy industry: companies that produce solar power equipment and products for end-users, companies that produce fabrication products (such as the equipment used by solar cell and module producers to manufacture solar power equipment) or services (such as companies specializing in the solar cell manufacturing or the provision of consulting services to solar cell and module producers) for solar power equipment producers, companies that supply raw materials or components to solar power equipment producers or integrators; companies that derive a significant portion of their business from solar power system sales, distribution, installation, integration or financing; and companies that specialize in selling electricity derived from solar power.

ETFdb Category Expense Ratio Inception Date Issuer Structure YTD Return *
Alternative Energy Equities 0.7 2008-04-15 Guggenheim ETF +23.99%

TAN Realtime Rating: By Metric

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A
Expenses B-
Performance ETFdb Pro Members Only
Volatility ETFdb Pro Members Only
Dividend ETFdb Pro Members Only
Concentration ETFdb Pro Members Only

The first adjacent table gives investors an individual Realtime Rating for TAN on several different metrics, including liquidity, expenses, performance, volatility, dividend, and concentration of holdings. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Alternative Energy Equities ETFdb Category with the highest Metric Realtime Rating for each individual field.

TAN Realtime Rating: Overall

ETFdb Rating Type Overall Rating A+ Overall Rated ETF
Realtime Rating (Overall) ETFdb Pro Members Only ETFdb Pro Members Only

The second table shows the overall Realtime Rating for TAN, as well as the A+ Overall Rated ETF in TAN's Category. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.

ETFdb Analyst Report for TAN

The cleverly-named TAN delivers targeted exposure to the solar power energy, making it potentially useful for both betting on long-term adoption of this energy source or capitalizing on perceived short-term mispricings. Like many granular ETFs focusing on specific sub-sectors, TAN doesn't offer t...

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