Fund Overlap
See which holdings any two equity ETFs have in common, along with top differences in exposure.
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19
Number of overlapping holdings
55.9%
% of TAN's 34 holdings also in RAYS
38.8%
% of RAYS's 49 holdings also in TAN
Overlap by Weight
Sector Drift (TAN minus RAYS)
Overlapping Holdings
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| Company | Weight in TAN |
Weight in RAYS |
Overlap | |
|---|---|---|---|---|
 |
FIRST SOLAR INC | 9.8% | 8.4% | 8.4% |
|
NEXTRACKER, INC. CLASS A | 8.1% | 5.7% | 5.7% |
|
ENPHASE ENERGY INC | 6.4% | 4.5% | 4.5% |
|
SUNRUN INC. | 4.0% | 2.5% | 2.5% |
 |
XINYI SOLAR HOLDINGS LTD | 4.9% | 2.3% | 2.3% |
Position Highlights (Non-Overlapping Exposures)
TAN Overweight Relative to RAYS
|
GCL POLY ENERGY HOLDINGS LTD | 8.0% |
 |
ENCAVIS AG | 4.8% |
 |
NEOEN S.A. | 3.9% |
|
HANNON ARMSTRONG SUSTAINABLE | 3.4% |
|
CLEARWAY ENERGY, INC. CLASS C | 3.1% |
 |
ENLIGHT RENEWABLE ENERGY LTD | 2.8% |
|
DAQO NEW ENERGY CORP. SPONSORED ADR | 2.8% |
|
JINKOSOLAR HOLDING CO-ADR | 2.8% |
|
XINYI SOLAR HOLDINGS LTD | 2.6% |
|
NEXTRACKER, INC. CLASS A | 2.5% |
TAN Underweight Relative to RAYS
|
SUNGROW POWER SUPPLY CO., LTD. CLASS | -10.3% |
|
XI'AN LONGI SILICON MATERIALS CO., L | -8.7% |
|
NINGBO DEYE TECHNOLOGY CO., LTD. CLA | -7.0% |
|
TIANJIN ZHONGHUAN SEMICOND-A | -4.7% |
|
JA SOLAR TECHNOLOGY CO., LTD. CLASS | -3.9% |
|
SHENZHEN S.C NEW ENERGY TECHNOLOGY C | -3.6% |
|
GINLONG TECHNOLOGIES CO., LTD. CLASS | -3.0% |
|
SHANGHAI AIKO SOLAR ENERGY CO., LTD. | -2.9% |
|
HANGZHOU FIRST PV MATERIAL CO LTD CL | -2.6% |
|
ENCAVIS AG-TEND | -2.5% |