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IBATvsTANETF Comparison

ETF 1
IBAT

iShares Energy Storage & Materials ETF

This fund is part of
Alternative Energy
-1.53%
VS
ETF 2
TAN

Invesco Solar ETF

This fund is part of
Alternative Energy
-1.53%

iShares Energy Storage & Materials ETF (IBAT) and Invesco Solar ETF (TAN) belong to the same industry segment: Alternative Energy. IBAT's top 3 sector exposures are Industrials, Materials and Information Technology. In contrast, TAN's top sector exposures are Information Technology, Utilities and Industrials. IBAT is less expensive with a Total Expense Ratio (TER) of 0.47%, versus 0.7% for TAN. IBAT is up 44.6% year-to-date (YTD) with +$39M in YTD flows. TAN performs worse with 18.32% YTD performance, and +$399M in YTD flows. Run a side-by-side ETF comparison of IBAT and TAN below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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IBAT vs TAN performance and flow charts

Performance

-505101520%Mar 24Mar 31Apr 8Apr 15Apr 22

Cumulative Flows

-10 M0 M10 M20 M30 M40 M50 MMar 24Mar 31Apr 8Apr 15Apr 22

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 04/24/2026
1M3MYTD1Y3Y5Y
Perf.
IBAT
TAN
+23.75%+4.71%
+28.54%+5.05%
+44.60%+18.32%
+103.87%+100.44%
n/a-24.85%
n/a-36.19%
Flows
IBAT
TAN
+$15M+$50M
+$24M+$237M
+$39M+$399M
+$42M+$363M
-+$32M
--$221M
Volatility and drawdown
3M1Y3Y5Y
Volatility
IBAT
TAN
+31.38%+32.10%
+23.80%+34.32%
n/a+34.69%
n/a+35.78%
Max drawdown
IBAT
TAN
-11.58%-11.92%
-11.92%-12.92%
n/a-66.05%
n/a-73.61%
Max drawdown duration
IBAT
TAN
42d65d
79d72d
n/a1096d
n/a1635d
Trading data

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IBAT
TAN
Last sale
4/27/2026 at 1:30 PM
$41.10
$58.69
Previous close
04/24/2026
$41.45
$58.32
Consolidated volume
04/24/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of March 31, 2026
1-year trailing difference

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IBAT
TAN
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 4/27/2026 at 1:30 PM
Live
Closed
IBAT
TAN
Last price
$41.10
$58.69
1D performance
-0.84%
+0.63%
AuM$61.21 M$1.60 B
E/R0.47%0.7%
Characteristics
IBAT
TAN
Management strategyPassivePassive
ProvideriSharesInvesco
BenchmarkSTOXX Global Energy Storage and Materials IndexMAC Global Solar Energy Stock Index
N° of holdings6129
Asset class-Equities
Trailing 12m distribution yield
Join
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Inception dateMarch 19, 2024April 15, 2008
ESGYesYes
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Exposure

Countries

IBAT
Japan
22.93%
USA
21.54%
Republic of Korea
15.5%
France
9.33%
China
9.01%
Other
21.71%
TAN
USA
54.07%
Israel
14.77%
Cayman Islands
7.6%
Other
23.55%

Sectors

IBAT
Industrials
39.65%
Materials
35.25%
Information Techn.
19.44%
Other
5.66%
TAN
Information Techn.
42.06%
Utilities
29.3%
Industrials
10%
Other
18.64%
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Diversification

IBAT

Total weight of top 15 holdings out of 15

72.3%
TAN

Total weight of top 15 holdings out of 15

74.12%

Top 15 holdings

Data as of March 31, 2026
IBAT
BLOOM ENERGY CORP
7.05%
BASF SE
6.63%
AIR LIQUIDE
6.38%
SAMSUNG SDI
6.34%
AIR PRODUCTS AND CHEMICALS
6.13%
MURATA MFG
5.62%
AMPEREX TECH
5.35%
LG ENERGY SOLUTION LTD
4.57%
FURUKAWA ELEC
4.54%
ASAHI KASEI
4.21%
LG CHEMICAL
3.42%
EATON CORP PLC
3.23%
IE000S9YS762
3.18%
ABB
2.86%
SCHNEIDER ELECTRIC SE
2.82%
TAN
US65290E1010
10.18%
FIRST SOLAR
9.85%
ENPHASE ENERGY
6.55%
ENLIGHT RENEWABLE ENERGY
6.33%
SOLAREDGE TECH/D
5.79%
SUNRUN
4.92%
GCL TECHNOLOGY
4.31%
HNN ARMSTRNG S/D
4.15%
SOLARIA ENERGIA Y MEDIO AMBIENTE
3.96%
DORAL GROUP RENEWABLE ENERGY RESOURCES
3.48%
XINYI SOLAR HOLDINGS
3.30%
CLEARWAY ENERGY INC
3.23%
OY NOFAR ENERGY LTD
2.84%
ARRAY TECHNOLOGIES
2.64%
GRENERGY RENOVABLES
2.59%
Frequently asked questions about IBAT and TAN

How have the IBAT and TAN ETFs performed in 2026?

As of April 24, 2026, IBAT is up 44.6% year-to-date (YTD), while TAN has returned 18.32%. That puts IBAT better performer ahead so far this year.

Which ETF is attracting more investor money: IBAT or TAN?

Year-to-date, the IBAT ETF saw +$39M in flows, compared to +$399M for TAN.

Which ETF is more volatile: IBAT or TAN?

Over the past year, IBAT had a volatility of 23.8%, while TAN experienced 34.32%.

Which ETF is bigger: IBAT or TAN?

As of April 24, 2026, IBAT holds $61.21 M in assets under management (AUM), while TAN manages $1.60 B.

What sectors do the IBAT and TAN ETFs invest in?

IBAT leans toward sectors like Industrials, Materials and Information Technology. Meanwhile, TAN focuses on Information Technology, Utilities and Industrials.

What are the top holdings of the IBAT ETF and TAN ETF?

IBAT top holdings include BLOOM ENERGY CORP, BASF SE and AIR LIQUIDE. TAN holds in its top three: US65290E1010, FIRST SOLAR and ENPHASE ENERGY.

Which ETF is more diversified: IBAT or TAN?

IBAT holds 64 securities with 72.3% of its assets in the top 15. TAN has 31 securities and a top 15 weight of 74.12%.

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