TANvsQCLNETF Comparison
VS
ETF 2
QCLN
First Trust NASDAQ Clean Edge Green Energy Index Fund ETF
This fund is part of
Alternative Energy
-0.11%
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 Information Technology, Utilities and Industrials. In contrast, QCLN's top sector exposures are Information Technology, Industrials and Consumer Discretionary. TAN is more expensive with a Total Expense Ratio (TER) of 0.7%, versus 0.56% for QCLN. TAN is up 20.19% year-to-date (YTD) with +$426M in YTD flows. QCLN performs better with 31.52% YTD performance, and +$38M 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
Cumulative Flows
Historic performance and flows
Data as of 05/01/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | TAN QCLN | +5.37%+34.29% | +9.85%+19.06% | +20.19%+31.52% | +104.73%+111.84% | -16.53%+33.91% | -27.87%-7.52% |
| Flows | TAN QCLN | +$73M+$48M | +$149M+$43M | +$426M+$38M | +$390M+$703K | +$100M-$644M | -$268M-$1.12B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | TAN QCLN | +32.11%+40.58% | +34.27%+34.16% | +34.57%+35.01% | +35.76%+38.20% |
| Max drawdown | TAN QCLN | -11.92%-15.60% | -12.92%-15.86% | -64.11%-56.02% | -73.61%-69.47% |
| Max drawdown duration | TAN QCLN | 72d47d | 72d75d | 1019d1008d | 1642d1634d |
Trading data
TAN | QCLN | |
Last sale 5/1/2026 at 1:30 PM | $59.27 | $59.19 |
| Previous close 04/29/2026 | $58.41 | $58.65 |
| Consolidated volume 04/29/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of April 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 5/1/2026 at 1:30 PM
Live
Closed
TAN | QCLN | |
|---|---|---|
| Last price | $59.27 | $59.19 |
| 1D performance | +1.47% | +0.92% |
| AuM | $1.65 B | $738.73 M |
| E/R | 0.7% | 0.56% |
Characteristics
TAN | QCLN | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Invesco | First Trust |
| Benchmark | MAC Global Solar Energy Stock Index | NASDAQ Clean Edge Green Energy Index |
| N° of holdings | 29 | 44 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 15, 2008 | February 8, 2007 |
| ESG | Yes | Yes |
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Exposure
Countries
TAN
USA
54.07%
Israel
14.77%
Cayman Islands
7.6%
Other
23.55%
QCLN
USA
93.38%
Other
6.62%
Sectors
TAN
Information Techn.
42.06%
Utilities
29.3%
Industrials
10%
Other
18.64%
QCLN
Information Techn.
37.59%
Industrials
21.96%
Consumer Discreti.
11.9%
Utilities
8.79%
Materials
8.04%
Other
11.72%
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Diversification
TAN
Total weight of top 15 holdings out of 15
74.12%
QCLN
Total weight of top 15 holdings out of 15
72.8%
Top 15 holdings
Data as of March 31, 2026
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%
QCLN
MONOLITHIC POWER SYSTEMS
8.07%
TESLA
7.80%
ON SEMICONDUCTOR
7.71%
FIRST SOLAR
7.13%
BLOOM ENERGY CORP
7.01%
US65290E1010
4.72%
ALBEMARLE
4.11%
ADVANCED ENERGY INDUSTRIES
4.08%
RIVIAN AUTOMOTIVE
4.01%
BROOKFIELD RENEWABLE PARTNERS
3.90%
ACUITY BRANDS
3.39%
MP MATERIALS CORPORATION
3.31%
ORMAT TECHNOLOGIES
2.66%
ENERSYS
2.52%
ALLEGRO MICROSYSTEMS
2.38%
Frequently asked questions about TAN and QCLN
How have the TAN and QCLN ETFs performed in 2026?
As of May 1, 2026, TAN is up 20.19% year-to-date (YTD), while QCLN has returned 31.52%. 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 +$426M in flows, compared to +$38M for QCLN.
Which ETF is more volatile: TAN or QCLN?
Over the past year, TAN had a volatility of 34.27%, while QCLN experienced 34.16%.
Which ETF is bigger: TAN or QCLN?
As of May 1, 2026, TAN holds $1.65 B in assets under management (AUM), while QCLN manages $738.73 M.
What sectors do the TAN and QCLN ETFs invest in?
TAN leans toward sectors like Information Technology, Utilities and Industrials. Meanwhile, QCLN focuses on Information Technology, Industrials and Consumer Discretionary.
What are the top holdings of the TAN ETF and QCLN ETF?
TAN top holdings include US65290E1010, FIRST SOLAR and ENPHASE ENERGY. QCLN holds in its top three: MONOLITHIC POWER SYSTEMS, TESLA and ON SEMICONDUCTOR.
Which ETF is more diversified: TAN or QCLN?
TAN holds 31 securities with 74.12% of its assets in the top 15. QCLN has 51 securities and a top 15 weight of 72.8%.
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