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TAN vs BAR

Comparison between INVESCO SOLAR ETF (TAN, ETF) and GraniteShares Gold Shares (BAR, ETF).

5-Year PerformanceBAR has outperformed TAN, delivering a return of +20.6% compared to -3.7%

TAN vs BAR - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
TAN
$1.50B
Winner
BAR
$1.60B
Expense Ratio
TAN
0.70%
Winner
BAR
0.17%
Max Drawdown
TAN
95.67%
Winner
BAR
21.53%
Sharpe Ratio
Winner
TAN
2.06
BAR
1.25
5Y Beta
TAN
0.93
Winner
BAR
0.18
P/E Ratio
TAN
109.68
BAR
N/A
Forward P/E
TAN
19.15
BAR
N/A
PEG Ratio
TAN
0.36
BAR
N/A
5Y Dividends CAGR
TAN
-5.57%
BAR
N/A
Debt to Equity
TAN
64.84%
BAR
N/A
P/S Ratio
TAN
0.29
BAR
N/A
P/B Ratio
TAN
1.64
BAR
N/A

TAN vs BAR - Historical Returns

Returns include dividend reinvestment.

1M
Winner
TAN
+11.64%
BAR
-0.21%
3M
Winner
TAN
+5.48%
BAR
-7.05%
6M
Winner
TAN
+22.92%
BAR
+17.87%
1Y
Winner
TAN
+101.56%
BAR
+42.71%
5Y(CAGR)
TAN
-3.68%
Winner
BAR
+20.62%
10Y(CAGR)
TAN
+12.02%
Winner
BAR
+15.62%
Max(CAGR)
TAN
-6.06%
Winner
BAR
+15.62%

TAN vs BAR - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

YearTANBAR
2026+20.04%+9.00%
2025+41.43%+61.93%
2024-36.09%+27.29%
2023-26.01%+12.03%
2022-7.07%+0.89%
2021-26.67%-6.10%
2020+222.03%+24.03%
2019+64.40%+18.10%
2018-27.28%-2.73%
2017+50.84%-1.15%
2016-43.47%N/A
2015-8.44%N/A
2014-8.24%N/A
2013+117.08%N/A
2012-35.20%N/A
2011-63.84%N/A
2010-30.79%N/A
2009+10.57%N/A
2008-66.18%N/A

TAN vs BAR Drawdown Comparison

The maximum drawdown for TAN was -95.29%, occurring on Nov 20, 2012. This drawdown has not yet recovered.

The maximum drawdown for BAR was -21.53%, occurring on Sep 26, 2022. Recovery took 853 trading sessions.

The current TAN drawdown is -71.53%. The current BAR drawdown is -12.51%.

RankTANBAR
#1-95.29%
May 16, 2008 - Nov 20, 2012
-21.53%
Aug 6, 2020 - Dec 27, 2023
#2-6.53%
Apr 16, 2008 - May 13, 2008
-19.19%
Jan 29, 2026 - Mar 26, 2026
#3-0.10%
May 14, 2008 - May 16, 2008
-13.46%
Jan 24, 2018 - Jun 20, 2019
#4N/A-12.45%
Mar 9, 2020 - Apr 9, 2020
#5N/A-10.05%
Oct 20, 2025 - Dec 22, 2025
#6N/A-8.37%
Sep 8, 2017 - Jan 24, 2018
#7N/A-8.03%
Oct 30, 2024 - Jan 30, 2025
#8N/A-7.10%
Apr 21, 2025 - Jun 13, 2025
#9N/A-6.52%
Sep 4, 2019 - Jan 6, 2020
#10N/A-5.71%
May 20, 2024 - Jul 16, 2024
#11N/A-4.86%
Mar 31, 2025 - Apr 10, 2025
#12N/A-4.86%
Dec 26, 2025 - Jan 12, 2026
#13N/A-4.84%
Jun 13, 2025 - Aug 29, 2025
#14N/A-4.78%
Feb 24, 2020 - Mar 5, 2020
#15N/A-4.35%
Jul 16, 2024 - Aug 12, 2024

Correlation

Correlation between TAN and BAR is 0.11 which considered as a very weak or no correlation - the stocks move independently of each other.

0.11
-101

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