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The investment seeks to track the investment results (before fees and expenses) of the MAC Global Solar Energy Index. The fund will generally invest at least 90% of its total assets in the securities (including American depositary receipts (“ADRs”)) that comprise the index. Strictly in accordance with its guidelines and mandated procedures, MAC Indexing LLC compiles, maintains, and calculates the index, which is designed to track the global solar energy equity sector. The fund is non-diversified.
U.S. News evaluated 37 Miscellaneous Sector ETFs and 11 make our Best Fit list. Our list highlights the best passively managed funds for long-term investors. Rankings are assigned based on comparisons with Best Fit funds in this category.
TAN is listed as:
Top 10 Holdings
% NET ASSETS
|Enphase Energy Inc ENPH||-||11.36|
|Solaredge Technologies Inc SEDG||-||11.07|
|First Solar Inc FSLR||-||6.80|
|Sunrun Inc RUN||-||5.95|
|Daqo New Energy Corp - ADR DQ||-||3.60|
|Shoals Technologies Group Inc - Ordinary Shares - Class A SHLS||-||2.73|
|Hannon Armstrong Sustainable Infrastructure capital Inc HASI||-||2.67|
|Array Technologies Inc ARRY||-||2.61|
|Sunnova Energy International Inc NOVA||-||2.57|
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