Invesco Solar ETF
Invesco Exchange-Traded Fund Trust II · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
Invesco Solar ETF is a global equity index ETF that tracks the MAC Global Solar Energy Index.
- Asset class
- Equity
- Region
- Global
- Management
- Index (passive)
- Fund type
- ETF
- Features
- Non-diversified
Fund profile
As filed in the prospectus · 2025 Q4
The Invesco Solar ETF (the Fund) seeks to track the investment results (before fees and expenses) of the MAC Global Solar Energy Index (the Underlying Index).
The fund tracks the MAC Global Solar Energy Index through full replication, holding all constituents in their index weights. The index includes companies listed on exchanges in specified developed countries that derive at least one-third of revenues from solar business activities, which span equipment production, installation, materials supply, and solar power generation. The fund is non-diversified and therefore not required to meet diversification requirements under the Investment Company Act of 1940. Because the fund holds all index constituents, its returns will diverge from the index only by the amount of fees and expenses.
| Share class | Expense ratio |
|---|---|
| TAN | 0.70% |
Portfolio turnover 41.00% · as of 2025 Q4
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 100.03% |
| Cash & short-term | 22.05% |
These positions come to 122.07% of the fund's net assets. This counts only what the fund reported holding — the holdings disclosure covers assets, not liabilities such as borrowings — so it is not expected to reconcile to 100%.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| International | 38.3% |
| Information Technology | 22.0% |
| Cash | 18.1% |
| Industrials | 16.7% |
| 2 smaller | 4.9% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Latest quarter
What changed since the fund's previous filing
New: HD Hyundai Energy Solutions Co., Ltd., Gigastorage Corp.
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | Invesco Private Prime Fund | 15.97% | — | $365.97M | — |
| FSLR | First Solar, Inc.FSLR | 11.74% | $306.79 | $269.19M | 877.4K |
| NXT | Nextpower Inc.NXT | 9.81% | $156.40 | $224.90M | 1.4M |
| ENPH | Enphase Energy, Inc.ENPH | 8.75% | $68.36 | $200.65M | 2.9M |
| ENLT | Enlight Renewable Energy Ltd.ENLT | 7.58% | $107.75 | $173.83M | 1.6M |
| SEDG | SolarEdge Technologies, Inc.SEDG | 6.32% | $76.35 | $144.79M | 1.9M |
| — | Invesco Private Government Fund | 6.04% | — | $138.56M | — |
| — | Doral Group Renewable Energy Resources Ltd. | 5.09% | $36.88 | $116.61M | 3.2M |
| RUN | Sunrun Inc.RUN | 4.83% | $16.72 | $110.69M | 6.6M |
| — | O.Y. Nofar Energy Ltd. | 4.22% | $100.08 | $96.64M | 965.6K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.
Top 10 positions are 80.35% of net assets, top 25 114.21%, across 34 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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