Fund Overlap

See which holdings any two equity ETFs have in common, along with top differences in exposure.


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OVERLAP
33%

OVERLAP
BY WEIGHT
15

# OF OVERLAPPING
HOLDINGS
TAN
28
HOLDINGS
54%
ALSO IN RAYS
RAYS
1
HOLDINGS
33%
ALSO IN TAN
SECTOR DRIFT (TAN minus RAYS)
OVERLAPPING HOLDINGS

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Company Weight
in TAN
Weight
in RAYS
Overlap
FIRST SOLAR INC 10.0% 8.0% 8.0%
NEXTRACKER, INC. CLASS A 8.8% 7.3% 7.3%
ENPHASE ENERGY INC 6.7% 4.9% 4.9%
XINYI SOLAR HOLDINGS LTD 5.2% 2.5% 2.5%
SUNRUN INC. 5.4% 1.9% 1.9%
TAN Overweight Relative to RAYS
GCL POLY ENERGY HOLDINGS LTD 7.6%
ENLIGHT RENEWABLE ENERGY LTD 4.6%
HANNON ARMSTRONG SUSTAINABLE 4.1%
CLEARWAY ENERGY, INC. CLASS C 3.7%
DAQO NEW ENERGY CORP. SPONSORED ADR 3.6%
SUNRUN INC. 3.5%
JINKOSOLAR HOLDING CO-ADR 3.0%
XINYI SOLAR HOLDINGS LTD 2.7%
GRENERGY RENOVABLES S.A 2.6%
SOLAREDGE TECHNOLOGIES, INC. 2.4%
TAN Underweight Relative to RAYS
SUNGROW POWER SUPPLY CO., LTD. CLASS -9.7%
XI'AN LONGI SILICON MATERIALS CO., L -8.1%
TIANJIN ZHONGHUAN SEMICOND-A -4.0%
ZHEJIANG CHINT ELECTRICS-A -4.0%
SHENZHEN S.C NEW ENERGY TECHNOLOGY C -3.5%
JA SOLAR TECHNOLOGY CO., LTD. CLASS -3.2%
GINLONG TECHNOLOGIES CO., LTD. CLASS -3.0%
NINGBO DEYE TECHNOLOGY CO., LTD. CLA -2.9%
SHANGHAI AIKO SOLAR ENERGY CO., LTD. -2.9%
HANWHA CHEMICAL CORP -2.4%
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