Claymore/MAC Global Solar Energy Index ETF (TAN)

The Economic Times  Apr 14  Comment 
The government said the Certificate of Incorporation (COI), issued by the Ministry of Corporate Affairs, is adequate proof of PAN or TAN for a company.
Benzinga  Dec 19  Comment 
In what has been an ongoing surprise this year, the Guggenheim Solar ETF (NYSE: TAN) is up 11.5 percent in the fourth quarter, stretching its year-to-date gain to 50 percent. That makes TAN, the bellwether solar exchange traded fund, one of 2017's...
Forbes  Nov 14  Comment 
BY JESSICA TAN - Gaming company Razer recently conducted its IPO on the Hong Kong stock exchange, closing 18% above its initial public offering price of HKD3.88 a share. As a result, its founder Tan Min-Liang is now worth upwards of $1.6B.
The Hindu Business Line  Jul 19  Comment 
CBDT’s plan to boost TDS collection appears to be very complex. It is an uphill task to bring in all TDS deductors and deductees under TAN, TIN and PAN. The Government and the I-T department should ...
Benzinga  Apr 18  Comment 
The Guggenheim Solar ETF (NYSE: TAN), the largest exchange-traded fund dedicated to solar stocks, is up a solid-though-not-spectacular 4.4 percent year-to-date. TAN's 2017 performance, at least to this point, belies some encouraging solar industry...
The Hindu Business Line  Apr 11  Comment 
CBDT says in 19,704 firms got PAN in one day till March 31
The Hindu Business Line  Apr 11  Comment 
Benzinga  Feb 14  Comment 
The Guggenheim Solar ETF (NYSE: TAN) stumbled last year, but the largest solar exchange-traded fund is showing signs of shaking out of those doldrums. Year-to-date, TAN is higher by more than 7 percent, and with a move of just over 5 percent, the...
Benzinga  Sep 27  Comment 
This year has not been kind to solar stocks and the relevant exchange-traded funds. The Guggenheim Solar ETF (NYSE: TAN), the largest dedicated solar ETF, is off 5.5 percent over just the past month, bringing its year-to-date loss to nearly 35...
WA Business News  Aug 25  Comment 
A chemical plant making an ingredient for explosives in the Pilbara is an example of Western Australia’s economic diversity, according to Premier Colin Barnett, who predicted manufacturing would undergo growth in the state despite its years of...


Claymore/MAC Global Solar Energy Index ETF (TAN)


The "Fund", seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an equity index called the MAC Global Solar Energy Index (the “Index”). The Fund will normally invest at least 90% of its total assets in common stock, American depositary receipts ("ADRs") and global depositary receipts ("GDRs") that comprise the Index. Claymore Advisors, LLC (the "Investment Adviser") seeks a correlation over time of 0.95 or better between the Fund’s performance and the performance of the Index. A figure of 1.00 would represent a perfect correlation.

The Fund, using a low cost “passive” or “indexing” investment approach, will seek to replicate, before fees and expenses, the performance of the Index. The Index is designed to track companies within the following business segments of the solar energy industry: companies that produce solar power equipment and products for end-users, companies that produce fabrication products (such as the equipment used by solar cell and module producers to manufacture solar power equipment) or services (such as companies specializing in the solar cell manufacturing or the provision of consulting services to solar cell and module producers) for solar power equipment producers, companies that supply raw materials or components to solar power equipment producers or integrators; companies that derive a significant portion of their business (measured in the manner set forth below under “Index Methodology" section) from solar power system sales, distribution, installation, integration or financing; and companies that specialize in selling electricity derived from solar power. The Index is currently comprised of approximately 25 stocks selected based upon the relative importance of solar power within the company’s business model, as determined by MAC Indexing LLC ("MAC"). [1]

Fund Information

  • Fund Manager - Claymore Advisors
  • Inception Date - 04/15/2008
  • Exchange – NYSE Arca
  • Index Ticker - TAN
  • Intra-day NAV Ticker - TANIV
  • Expense Ratio - 0.65%

Top Holdings

Holdings % of the portfolio
Q-CELLS AG 4.64%

Holdings as of 23/10/2009

Other Renewable Energy ETFs

ETF Name Fund Manager Expense Ratio
Claymore/MAC Global Solar Energy Index ETF (TAN)Claymore Advisors0.65%
First Trust ISE Global Wind Energy Index Fund (FAN)First Trust Portfolios L.P0.60%
Global Water Portfolio ETF (PIO)Invesco PowerShares0.75%
Global Wind Energy Portfolio ETF (PWND)Invesco PowerShares0.75%
Global Wind Energy Portfolio ETF (PWND)Invesco PowerShares0.75%
iShares Goldman Sachs Natural Resources Index Fund (IGE)ishares0.48%
Market Vectors - Solar Energy ETF (KWT)Van Eck Funds0.65%


  1. - Overview of Claymore/MAC Global Solar Energy Index ETF (TAN)
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