Let the Sunshine In: 'TAN' ETF Outshines the S&P in 2019

The Invesco Solar ETF, trading under the ticker TAN, targets the solar energy industry. It includes around 25 mid and small-cap companies, with a significant portion from the US, China, and Hong Kong. Despite a strong performance this year, TAN has a negative return since its inception in 2008. The fund generates additional revenue through lending shares, which helps offset its high expense ratio. TAN manages approximately $270 million in assets and has received a favorable rating from Bloomberg.

What is the primary focus of the Invesco Solar ETF?

• Hydroelectric power sector

• Solar energy sector

• Wind energy sector

• Nuclear energy sector

Which countries contribute to more than 60% of TAN's weight?

• Australia, South Korea, and Russia

• Germany, Japan, and India

• Brazil, Canada, and Mexico

• US, China, and Hong Kong

Which company is NOT among the top five holdings of TAN?

• Tesla

• SolarEdge

• Sunrun

• First Solar

What has contributed to TAN's performance boost this year?

• Increase in wind energy investments

• Government subsidies for nuclear energy

• Decline in oil prices

• Positive outlook from solar panel makers

How does TAN offset its high expense ratio?

• By investing in fossil fuels

• Through government grants

• By reducing management fees

• By earning revenue from lending shares