Guggenheim Solar ETF (TAN)
| 43.01 Data as of 3:59pm ET |  -0.32 / -0.74%Today’s Change | 18.04 Today|||52-Week Range 51.07 | +22.26% Year-to-Date |
Investment Objective
The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the MAC Global Solar Energy Index. The fund will invest at least 90% of total assets in common stock, ADRs and GDRs that comprise the index and depositary receipts representing common stocks included in the index. The Solar Index was comprised of approximately 26 securities selected based on the relative importance of solar power within the company's business model. It generally will invest in all of the securities comprising the index in proportion to their weightings in the index. The fund is non-diversified.
Latest TAN News
Performance
| 1 month | -7.86% | 3 years | -14.42% | |
| 3 months | +3.76% | 5 years | -7.39% | |
| 1 year | +142.19% | Since inception | -23.37% |
Data through 04/23/2014
Quote Details
| Previous close | $43.33 |
| Open day’s range | 42.86 – 43.52 |
| Net asset value (NAV) | 43.05 (04/22/2014) |
| Daily volume | 367,579 |
| Average volume (3 months) | 675,551 |
Data as of 3:59pm ET, 04/23/2014
Peer Comparisonvs. Miscellaneous sector ETFs
| TAN | Category | |
|---|---|---|
| Performance 5-yr return | -7.39% | +9.10% |
| Expense Gross exp ratio | 0.86% | 1.14% |
| Risk 5 year sharpe ratio | 0.14 | 0.59 |
| Net assets | $447.9M | $207.6M |
| Average market cap | $1.9B | $7.0B |
| Average P/E | -- | 17.5 |
| Dividend / Share | -- | 0.28% |
Competitors
| IGF iShares Global Infrastructure ETF |
| CGW Guggenheim S&P Global Water Index ETF |
| FIW First Trust ISE Water Index Fund |
Holdings
Top 5 SectorsPortfolio weighting
| Hardware | 93.57% |
| Industrial materials | 5.34% |
| Utilities | 1.09% |
| Business service | 0.00% |
| Consumer goods | 0.00% |
Top 10 HoldingsPortfolio weighting
| FSLR First Solar, Inc. | 9.49% |
| SUNE SunEdison Inc | 7.37% |
| -- GCL-Poly Energy Holdings Limited | 6.32% |
| -- Hanergy Solar Group Ltd | 6.28% |
| GTAT GT Advanced Technologies Inc | 6.24% |
| SCTY SolarCity Corp | 5.82% |
| -- Shunfeng Photovoltaic International Ltd | 4.84% |
| SPWR SunPower Corporation | 4.57% |
| CSIQ Canadian Solar, Inc. | 4.30% |
| -- Meyer Burger Technology AG | 4.14% |