Invesco Solar ETF (TAN)Miscellaneous Sector | Exchange Traded Fund | NYSEArca
53.12 USD
-1.84
(-3.348%) ⇩
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 3:17 a.m. EDT
The solar sector is currently trapped in a severe structural decline, with the asset down nearly 12% year-over-year and suffering four consecutive years of negative annual returns. Despite a positive cumulative return over the last nine years, the relentless downward trajectory suggests the market has correctly identified deteriorating fundamentals or a value trap. The recent price action shows weakness, trading well below its 50-day moving average, while the options market screams caution with heavy put positioning at strikes significantly below current prices. With negligible dividend support and a trailing P/E that offers no margin of safety given the multi-year decline, this is a clear avoid for investors seeking capital preservation. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.066140 |
| AutoTheta | 0.067214 |
| AutoARIMA | 0.070865 |
| AutoETS | 0.071112 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 49% |
| H-stat | 0.35 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.113 |
| Excess Kurtosis | -0.33 |
| Attribute | Value |
|---|---|
| Trailing P/E | 20.40 |
As of July 11, 2026, 3:17 a.m. EDT: Speculators are aggressively positioning for downside protection, evidenced by massive open interest walls in deep out-of-the-money puts (strikes 19, 25, 29, 39) across multiple expirations, particularly for January 2027. While there is some volume in near-term calls, the overwhelming capital deployment is in put writing and buying, creating a 'glass ceiling' around the $40-$50 range. Implied volatility is elevated relative to historical norms, reflecting fear of further declines rather than anticipation of a rally.
| Date | Dividend | Yield % |
|---|---|---|
| 2024-12-23 | 0.165 | 0.484439 |
| 2023-12-18 | 0.048 | 0.094862 |
| 2020-12-21 | 0.092 | 0.092388 |
| 2019-12-23 | 0.091 | 0.296514 |
| 2018-12-24 | 0.129 | 0.716269 |
| 2017-12-26 | 0.445 | 1.802349 |
| 2016-12-23 | 0.835 | 4.982100 |
| 2015-12-24 | 0.490 | 1.542821 |
| 2014-12-24 | 0.640 | 1.875733 |
| 2013-12-24 | 0.451 | 1.321805 |
| 2012-12-24 | 1.424 | 9.380764 |
| 2011-12-23 | 2.110 | 8.178295 |
| 2010-12-27 | 0.290 | 0.395095 |
| 2008-12-24 | 0.120 | 0.155642 |
| Attribute | Value |
|---|---|
| All Time High | 307.9 |
| All Time Low | 12.6 |
| Ask | 54.49 |
| Ask Size | 300 |
| Average Daily Volume10 Day | 945,970 |
| Average Daily Volume3 Month | 1,509,634 |
| Average Volume | 1,509,634 |
| Average Volume10Days | 945,970 |
| Beta3 Year | 1.85 |
| Bid | 52.3 |
| Bid Size | 400 |
| Category | Miscellaneous Sector |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 54.6 |
| Day Low | 52.81 |
| Dividend Yield | 0.0 |
| Eps Trailing Twelve Months | 2.6043744 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 61.9266 |
| Fifty Day Average Change | -8.8066025 |
| Fifty Day Average Change Percent | -0.14221033 |
| Fifty Two Week Change Percent | 43.498695 |
| Fifty Two Week High | 75.6 |
| Fifty Two Week High Change | -22.48 |
| Fifty Two Week High Change Percent | -0.2973545 |
| Fifty Two Week Low | 35.98 |
| Fifty Two Week Low Change | 17.14 |
| Fifty Two Week Low Change Percent | 0.47637576 |
| Fifty Two Week Range | 35.98 - 75.6 |
| First Trade Date Milliseconds | 1,208,266,200,000 |
| Five Year Average Return | -0.0961079 |
| Full Exchange Name | NYSEArca |
| Fund Family | Invesco |
| Fund Inception Date | 1,208,217,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund will generally invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, MAC Indexing LLC, has contracted with S&P DJI Netherlands B.V. to calculate and administer the underlying index, which seeks to track the performance of companies in global solar energy businesses. The fund is non-diversified. |
| Long Name | Invesco Solar ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_43532813 |
| Nav Price | 54.91 |
| Net Assets | 1,719,587,200.0 |
| Net Expense Ratio | 0.7 |
| Open | 54.26 |
| Pre Market Change | -0.07999802 |
| Pre Market Change Percent | -0.15059868 |
| Pre Market Price | 53.04 |
| Pre Market Time | 1,784,016,143 |
| Previous Close | 54.96 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -1.84 |
| Regular Market Change Percent | -3.34789 |
| Regular Market Day High | 54.6 |
| Regular Market Day Low | 52.81 |
| Regular Market Day Range | 52.81 - 54.6 |
| Regular Market Open | 54.26 |
| Regular Market Previous Close | 54.96 |
| Regular Market Price | 53.12 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 527,280 |
| Short Name | Invesco Solar ETF |
| Source Interval | 15 |
| Symbol | TAN |
| Three Year Average Return | -0.0951597 |
| Total Assets | 1,719,587,200 |
| Tradeable | 0 |
| Trailing P E | 20.396452 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 7.05349 |
| Trailing Three Month Returns | 7.05349 |
| Triggerable | 1 |
| Two Hundred Day Average | 54.371 |
| Two Hundred Day Average Change | -1.2509995 |
| Two Hundred Day Average Change Percent | -0.02300858 |
| Type Disp | ETF |
| Volume | 527,280 |
| Yield | 0.0 |
| Ytd Return | 20.09764 |