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TANvsQCLNETF Comparison

ETF 1
TAN

Invesco Solar ETF

This fund is part of
Alternative Energy
+0.36%
VS
ETF 2
QCLN

First Trust NASDAQ Clean Edge Green Energy Index Fund ETF

This fund is part of
Alternative Energy
+0.36%

Invesco Solar ETF (TAN) and First Trust NASDAQ Clean Edge Green Energy Index Fund ETF (QCLN) belong to the same industry segment: Alternative Energy. TAN's top 3 sector exposures are Industrials, Utilities and Technology. In contrast, QCLN's top sector exposures are Technology, Industrials and Consumer Cyclicals. TAN is more expensive with a Total Expense Ratio (TER) of 0.7%, versus 0.56% for QCLN. TAN is down -6.85% year-to-date (YTD) with +$222M in YTD flows. QCLN performs better with 1.98% YTD performance, and -$52M in YTD flows. Run a side-by-side ETF comparison of TAN and QCLN 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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TAN vs QCLN performance and flow charts

Performance

-15.0-10.0-5.00.05.0%Oct 5Oct 12Oct 19Oct 26Nov 2

Cumulative Flows

0 M50 M100 MOct 5Oct 12Oct 19Oct 26Nov 2

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Historic performance and flows
Data as of 11/04/2026
1M3MYTD1Y3Y5Y
Perf.
TAN
QCLN
+4.68%-9.28%
-14.33%-9.82%
-6.85%+1.98%
-4.71%-2.24%
+4.27%+28.21%
-52.73%-42.29%
Flows
TAN
QCLN
+$133M-$35M
-$153M-$62M
+$222M-$52M
+$278M-$58M
+$26M-$590M
-$908M-$1.19B
Volatility and drawdown
3M1Y3Y5Y
Volatility
TAN
QCLN
+31.98%+34.39%
+35.45%+41.53%
+36.13%+37.49%
+36.29%+39.42%
Max drawdown
TAN
QCLN
-24.77%-20.26%
-45.54%-37.77%
-51.26%-42.86%
-73.33%-69.47%
Max drawdown duration
TAN
QCLN
92d79d
157d154d
756d644d
1816d1821d
Trading data

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TAN
QCLN
Last sale
11/4/2026 at 2:30 PM
$45.79
$45.17
Previous close
11/04/2026
$43.34
$45.44
Consolidated volume
11/04/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of October 30, 2026
1-year trailing difference

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TAN
QCLN
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 11/4/2026 at 2:30 PM
Live
Closed
TAN
QCLN
Last price
$45.79
$45.17
1D performance
+5.65%
-0.59%
AuM$1.08 B$481.90 M
E/R0.7%0.56%
Characteristics
TAN
QCLN
Management strategyPassivePassive
ProviderInvescoFirst Trust
BenchmarkMAC Global Solar Energy Stock IndexNASDAQ Clean Edge Green Energy Index
N° of holdings3557
Asset classEquitiesEquities
Trailing 12m distribution yield
Join
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Inception dateApril 15, 2008February 8, 2007
ESGYesYes
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Exposure

Countries

TAN
USA
44.84%
Israel
21.81%
China
7.06%
Other
26.29%
QCLN
USA
90.82%
Other
9.18%

Sectors

TAN
Industrials
43.37%
Utilities
33.64%
Technology
10.65%
Non-Energy Materi.
7.41%
Other
4.94%
QCLN
Technology
32.17%
Industrials
30.51%
Consumer Cyclical.
15.18%
Utilities
10.57%
Non-Energy Materi.
8.91%
Other
2.66%
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Diversification

TAN

Total weight of top 15 holdings out of 15

74.23%
QCLN

Total weight of top 15 holdings out of 15

74.71%

Top 15 holdings

Data as of September 30, 2026
TAN
Nextpower, Inc.
10.42%
First Solar, Inc.
9.03%
Enlight Renewable Energy Ltd.
8.00%
Enphase Energy, Inc.
6.83%
HA Sustainable Infrastructure Capital, Inc.
4.94%
Doral Group Renewable Energy Resources Ltd.
4.92%
GCL Technology Holdings Ltd.
4.60%
Clearway Energy, Inc.
3.83%
SolarEdge Technologies, Inc.
3.82%
Sunrun, Inc.
3.79%
Solaria Energía y Medio Ambiente SA
3.35%
OY Nofar Energy Ltd.
2.89%
Shoals Technologies Group, Inc.
2.75%
Xinyi Solar Holdings Ltd.
2.72%
SMA Solar Technology AG
2.34%
QCLN
Bloom Energy Corp.
10.82%
ON Semiconductor Corp.
8.69%
Monolithic Power Systems, Inc.
8.63%
Tesla, Inc.
7.74%
Rivian Automotive, Inc.
6.68%
Advanced Energy Industries, Inc.
3.99%
Nextpower, Inc.
3.90%
Vicor Corp.
3.59%
First Solar, Inc.
3.43%
Albemarle Corp.
3.13%
Enlight Renewable Energy Ltd.
3.09%
Acuity, Inc.
3.03%
Brookfield Renewable Partners LP
2.89%
MP Materials Corp.
2.78%
EnerSys
2.32%
Frequently asked questions about TAN and QCLN

How have the TAN and QCLN ETFs performed in 2026?

As of November 4, 2026, TAN is down -6.85% year-to-date (YTD), while QCLN has returned 1.98%. That puts QCLN better performer ahead so far this year.

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

Year-to-date, the TAN ETF saw +$222M in flows, compared to -$52M for QCLN.

Which ETF is more volatile: TAN or QCLN?

Over the past year, TAN had a volatility of 35.45%, while QCLN experienced 41.53%.

Which ETF is bigger: TAN or QCLN?

As of November 4, 2026, TAN holds $1.08 B in assets under management (AUM), while QCLN manages $481.90 M.

What sectors do the TAN and QCLN ETFs invest in?

TAN leans toward sectors like Industrials, Utilities and Technology. Meanwhile, QCLN focuses on Technology, Industrials and Consumer Cyclicals.

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

TAN top holdings include Nextpower, Inc., First Solar, Inc. and Enlight Renewable Energy Ltd.. QCLN holds in its top three: Bloom Energy Corp., ON Semiconductor Corp. and Monolithic Power Systems, Inc..

Which ETF is more diversified: TAN or QCLN?

TAN holds 35 securities with 74.23% of its assets in the top 15. QCLN has 57 securities and a top 15 weight of 74.71%.

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