5 Best Energy ETFs: Top Oil, Gas and Renewable Energy Funds

2. Invesco Solar ETF (NYSE:TAN)

5-Year Share Price Performance as of March 14: 82.64%

Invesco Solar ETF (NYSE:TAN) tracks the MAC Global Solar Energy Index, which includes companies operating in the solar energy industry. Rebalanced quarterly, the ETF was established on April 15, 2008, and features an expense ratio of 0.67% as of March 12, 2024. Its portfolio comprises 45 stocks. Invesco Solar ETF (NYSE:TAN) is one of the best energy ETFs to monitor. 

First Solar, Inc. (NASDAQ:FSLR) is one of the top holdings of Invesco Solar ETF (NYSE:TAN). It is a solar technology company that operates globally, providing photovoltaic solar energy solutions. On February 27, First Solar, Inc. (NASDAQ:FSLR) reported a Q4 GAAP EPS of $3.25, beating market estimates by $0.13. The revenue of $1.16 billion, however, fell short of Wall Street consensus by $160 million. 

According to Insider Monkey’s fourth quarter database, 47 hedge funds were long First Solar, Inc. (NASDAQ:FSLR), compared to 49 funds in the prior quarter. 

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