Both in Securities & Investments
Invesco Solar ETF vs Invesco S&P 500 High Beta ETF
Over the past year TAN returned +0.8% and SPHB returned +37.3%; their daily moves had a correlation of 0.71.
TAN +0.8% SPHB +37.3%Growth of $1, one year, split-adjusted
| Metric | TAN | SPHB |
|---|---|---|
| Price | $43.97 | $150.73 |
| Market cap | $900.9M | $943.6M |
| Today | +1.24% | −0.72% |
| 1 month | −7.6% | +3.0% |
| 6 months | −21.1% | +30.0% |
| Year to date | −10.5% | +28.9% |
| 1 year | +0.3% | +37.5% |
| Revenue growth (YoY) | +20.5% | +20.5% |
| Gross margin | 100.0% | 100.0% |
| Net margin | 18.9% | 18.9% |
| P/E (TTM) | — | — |
| Price / sales | 0.1× | 0.1× |
| Net cash | $746.0M | $746.0M |
| Dividend yield | — | 0.37% |
| Volatility (60d) | 34.7% | 27.6% |
| Short % of float | — | — |
| Next earnings | — | — |
Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).