SMOGvsTANETF Comparison
VS
VanEck Low Carbon Energy ETF (SMOG) and Invesco Solar ETF (TAN) belong to the same industry segment: Alternative Energy. SMOG's top 3 sector exposures are Utilities, Industrials and Consumer Cyclicals. In contrast, TAN's top sector exposures are Industrials, Utilities and Technology. SMOG is less expensive with a Total Expense Ratio (TER) of 0.64%, versus 0.7% for TAN. SMOG is up 5.31% year-to-date (YTD) with -$3M in YTD flows. TAN performs worse with -6.82% YTD performance, and +$89M in YTD flows. Run a side-by-side ETF comparison of SMOG 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.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
SMOG vs TAN performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/18/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SMOG TAN | -1.30%-8.30% | -7.84%-24.19% | +5.31%-6.82% | +11.53%+6.82% | +27.24%-15.15% | -3.77%-43.12% |
| Flows | SMOG TAN | --$270M | -$4M-$483M | -$3M+$89M | -$10M+$220M | -$66M-$113M | -$103M-$591M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SMOG TAN | +22.31%+34.72% | +21.83%+35.13% | +21.68%+36.25% | +24.59%+36.27% |
| Max drawdown | SMOG TAN | -12.72%-26.79% | -16.90%-39.29% | -19.34%-51.70% | -47.31%-73.61% |
| Max drawdown duration | SMOG TAN | 88d88d | 130d110d | 226d856d | 1782d1782d |
Trading data
SMOG | TAN | |
Last sale 9/18/2026 at 1:30 PM | $136.47 | $45.66 |
| Previous close 09/17/2026 | $137.87 | $46.36 |
| Consolidated volume 09/17/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
SMOG | TAN | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/18/2026 at 1:30 PM
Live
Closed
SMOG | TAN | |
|---|---|---|
| Last price | $136.47 | $45.66 |
| 1D performance | -1.02% | -1.51% |
| AuM | $130.85 M | $938.44 M |
| E/R | 0.64% | 0.7% |
Advertisement
Exposure
Countries
SMOG
USA
35.01%
China
15.08%
Spain
11.19%
Denmark
7.43%
Italy
7.3%
Other
23.99%
TAN
USA
44.51%
Israel
22.15%
China
8.15%
Other
25.19%
Sectors
SMOG
Utilities
39.11%
Industrials
30.46%
Consumer Cyclical.
21.43%
Other
9.01%
TAN
Industrials
44.91%
Utilities
34.17%
Technology
10.53%
Other
10.38%
Diversification
SMOG
Total weight of top 15 holdings out of 15
68%
TAN
Total weight of top 15 holdings out of 15
73.02%
Top 15 holdings
Data as of July 31, 2026
SMOG
Iberdrola SA
8.77%
NextEra Energy, Inc.
7.62%
Enel SpA
7.03%
Tesla, Inc.
6.83%
BYD Co., Ltd.
6.32%
Bloom Energy Corp.
5.60%
Vestas Wind Systems A/S
4.85%
Samsung SDI Co., Ltd.
3.36%
First Solar, Inc.
3.13%
Rivian Automotive, Inc.
2.94%
Contemporary Amperex Technology Co., Ltd.
2.85%
Kingspan Group Plc
2.42%
AXIA Energia SA
2.36%
Ørsted A/S
2.08%
Nextpower, Inc.
1.85%
TAN
Nextpower, Inc.
9.93%
First Solar, Inc.
9.73%
Enlight Renewable Energy Ltd.
7.54%
Enphase Energy, Inc.
6.29%
Doral Group Renewable Energy Resources Ltd.
4.59%
HA Sustainable Infrastructure Capital, Inc.
4.39%
SolarEdge Technologies, Inc.
4.24%
Sunrun, Inc.
4.18%
Clearway Energy, Inc.
3.54%
GCL Technology Holdings Ltd.
3.50%
OY Nofar Energy Ltd.
3.37%
Solaria Energía y Medio Ambiente SA
3.16%
Xinyi Solar Holdings Ltd.
2.95%
Shoals Technologies Group, Inc.
2.90%
SMA Solar Technology AG
2.69%
Frequently asked questions about SMOG and TAN
How have the SMOG and TAN ETFs performed in 2026?
As of September 18, 2026, SMOG is up 5.31% year-to-date (YTD), while TAN has lost -6.82%. That puts SMOG better performer ahead so far this year.
Which ETF is attracting more investor money: SMOG or TAN?
Year-to-date, the SMOG ETF saw -$3M in flows, compared to +$89M for TAN.
Which ETF is more volatile: SMOG or TAN?
Over the past year, SMOG had a volatility of 21.83%, while TAN experienced 35.13%.
Which ETF is bigger: SMOG or TAN?
As of September 18, 2026, SMOG holds $130.85 M in assets under management (AUM), while TAN manages $938.44 M.
What sectors do the SMOG and TAN ETFs invest in?
SMOG leans toward sectors like Utilities, Industrials and Consumer Cyclicals. Meanwhile, TAN focuses on Industrials, Utilities and Technology.
What are the top holdings of the SMOG ETF and TAN ETF?
SMOG top holdings include Iberdrola SA, NextEra Energy, Inc. and Enel SpA. TAN holds in its top three: Nextpower, Inc., First Solar, Inc. and Enlight Renewable Energy Ltd..
Which ETF is more diversified: SMOG or TAN?
SMOG holds 56 securities with 68% of its assets in the top 15. TAN has 35 securities and a top 15 weight of 73.02%.
Advertisement
Latest news about SMOG & TAN
The Trump Trade: Which ETFs Stand to Lose Most from a Second Donald Trump Presidency?
August 14, 2024
TAN
Rising Interest Rates Cast Shadows Over US Alternative Energy ETFs
August 21, 2023
TAN
Inflation Reduction Act: 3 renewable energy ETFs to watch
September 20, 2022
TAN
Advertisement
Investing in solar energy with ETFs
June 7, 2022
TAN
Investing in solar energy with ETFs
June 7, 2022
TAN
