ETF Versus

QQQ vs TAN

Invesco QQQ Trust vs Invesco Solar ETF

Last updated: 2026-04-10

QQQ Invesco

Invesco QQQ Trust (QQQ) is an exchange-traded fund issued by Invesco that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a moderate expense ratio of 0.18%. The fund offers a modest dividend yield of 0.46%. Launched in 1999, the fund has a 27-year track record.

AUM: $389.6B ER: 0.18% Yield: 0.46% Since: Mar 10, 1999
TAN Invesco

Invesco Solar ETF (TAN) is an exchange-traded fund issued by Invesco that provides exposure to thematic - clean energy securities. It charges a high expense ratio of 0.70%. Launched in 2008, the fund has a 18-year track record.

AUM: $1.5B ER: 0.70% Yield: N/A Since: Apr 15, 2008

Quick Verdict

QQQ is significantly cheaper at 0.18% vs 0.70% expense ratio, saving you approximately $1,002 per $10,000 invested over 10 years. Over the past year, TAN has significantly outperformed with a 108.5% return vs 37.0%.

Key Metrics

Metric QQQ TAN
Expense Ratio 0.18% 0.70%
Dividend Yield 0.5% N/A
Fund Family Invesco Invesco
Category US Large Cap Growth Thematic - Clean Energy

Performance Chart

Indexed to 100 at start (5-year comparison)

30 62 94 126 158 190 2021-04 2022-07 2023-10 2025-01 2026-04
QQQ +81.6%
TAN -34.3%

Performance Comparison

Period QQQ TAN Difference
1 Month +0.58% -0.09% +0.67%
3 Months -2.54% +6.79% -9.33%
6 Months +1.53% +20.21% -18.68%
YTD -0.31% +7.91% -8.22%
1 Year +36.99% +108.54% -71.55%
3 Years +93.53% -26.47% +120.00%
5 Years +81.55% -34.27% +115.82%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period QQQ Fees TAN Fees You Save
$10,000 10 years $357 $1,359 $1,002
$10,000 20 years $1,529 $5,684 $4,155
$10,000 30 years $4,912 $17,834 $12,922
$50,000 10 years $1,786 $6,796 $5,010
$50,000 30 years $24,558 $89,170 $64,612
$100,000 30 years $49,116 $178,339 $129,223

Risk Metrics

Based on 5 years of daily returns

Metric QQQ TAN
Annualized Volatility 22.4% 39.8%
Max Drawdown -35.6% -74.1%
Sharpe Ratio 0.45 -0.13

Dividend Comparison

Metric QQQ TAN
Annual Dividend (per share) $2.81 $0.00
Dividend Yield 0.46% 0.00%
Distribution Frequency Quarterly None

Top Holdings

0 of top 9 holdings overlap (0% overlap in top holdings)

QQQ Top Holdings

NameWeight
NVIDIA CorporationNVDA8.69%
Apple Inc.AAPL7.47%
Microsoft CorporationMSFT5.55%
Amazon.com, Inc.AMZN4.61%
Tesla, Inc.TSLA3.47%
Meta Platforms, Inc.META3.41%
Alphabet Inc.GOOG3.32%
Walmart Inc.WMT3.32%
Broadcom Inc.AVGO3.18%

TAN Top Holdings

NameWeight
First Solar, Inc.FSLR10.20%
Nextpower Inc.NXT9.24%
Enlight Renewable Energy Ltd!tlv/ENLT6.53%
Enphase Energy, Inc.ENPH5.87%
Sunrun Inc.RUN5.21%
SolarEdge Technologies, Inc.SEDG5.08%
GCL Technology Holdings Limited!hkg/38004.63%
Solaria Energía y Medio Ambiente, S.A.!bme/SLR4.39%
HA Sustainable Infrastructure Capital, Inc.HASI4.33%
Doral Group Renewable Energy Resources Ltd!tlv/DORL3.47%

Which One Should You Choose?

Choose QQQ if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose TAN if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

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