Guggenheim Solar ETF (TAN)
| 38.61 Data as of Aug 01 |  -0.81 / -2.05%Today’s Change | 25.54 Today|||52-Week Range 51.07 | +9.75% 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
| Best & Worst ETFs Of The Week, Amid The Summer Sell-Off Aug 01 / Benzinga |
Performance
| 1 month | -8.40% | 3 years | -8.85% | |
| 3 months | +0.22% | 5 years | -13.54% | |
| 1 year | +45.90% | Since inception | -23.15% |
Data through 07/31/2014
Quote Details
| Previous close | $39.42 |
| Open day’s range | 37.80 – 39.25 |
| Net asset value (NAV) | 40.78 (07/30/2014) |
| Daily volume | 627,664 |
| Average volume (3 months) | 369,214 |
Data as of 3:59pm ET, 08/01/2014
Peer Comparisonvs. Miscellaneous sector ETFs
| TAN | Category | |
|---|---|---|
| Performance 5-yr return | -13.54% | +4.55% |
| Expense Gross exp ratio | 0.86% | 1.10% |
| Risk 5 year sharpe ratio | 0.00 | 0.43 |
| Net assets | $495.4M | $208.2M |
| Average market cap | $2.0B | $6.5B |
| Average P/E | -- | 17.3 |
| Dividend / Share | -- | 0.26% |
Competitors
| CGW Guggenheim S&P Global Water Index ETF |
| IGF iShares Global Infrastructure 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
| SUNE SunEdison Inc | 8.15% |
| SCTY SolarCity Corp | 7.97% |
| FSLR First Solar Inc | 7.56% |
| -- GCL-Poly Energy Holdings Ltd | 5.95% |
| GTAT GT Advanced Technologies Inc | 5.30% |
| SPWR SunPower Corp | 5.16% |
| -- Hanergy Solar Group Ltd | 5.04% |
| CSIQ Canadian Solar Inc | 4.60% |
| -- Meyer Burger Technology AG | 4.05% |
| TSL Trina Solar Ltd ADR | 4.04% |