Guggenheim Solar ETF (TAN)
| 35.93 Data as of Dec 06 |  -1.27 / -3.41%Today’s Change | 14.15 Today|||52-Week Range 41.90 | +129.73% 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 invests 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 22 securities selected based on the relative importance of solar power within the company's business model. It generally invests in all of the stocks comprising the index in proportion to their weightings in the index. The fund is non-diversified.
Latest TAN News
No recent news for Guggenheim Solar ETF.
Performance
| 1 month | -10.76% | 3 years | -16.90% | |
| 3 months | +22.01% | 5 years | -10.11% | |
| 1 year | +178.73% | Since inception | -27.14% |
Data through 12/07/2013
Quote Details
| Previous close | $37.20 |
| Open day’s range | 35.78 – 37.76 |
| Net asset value (NAV) | 36.26 (12/06/2013) |
| Daily volume | 867,122 |
| Average volume (3 months) | 581,453 |
Data as of 3:59pm ET, 12/06/2013
Peer Comparisonvs. Miscellaneous sector ETFs
| TAN | Category | |
|---|---|---|
| Performance 5-yr return | -10.11% | -4.57% |
| Expense Gross exp ratio | 1.01% | 1.11% |
| Risk 5 year sharpe ratio | 0.04 | 0.41 |
| Net assets | $393.7M | $169.9M |
| Average market cap | $1.1B | $6.5B |
| Average P/E | -- | 13.9 |
| Dividend / Share | -- | 0.27% |
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. | 7.09% |
| CSIQ Canadian Solar, Inc. | 6.33% |
| SUNE SunEdison Inc | 5.81% |
| -- Hanergy Solar Group Ltd | 5.53% |
| SCTY SolarCity Corp | 5.49% |
| GTAT GT Advanced Technologies Inc | 5.10% |
| -- GCL-Poly Energy Holdings Limited | 5.04% |
| -- Shunfeng Photovoltaic International Ltd | 4.89% |
| SPWR SunPower Corporation | 4.65% |
| TSL Trina Solar Limited ADR | 4.32% |