Summary
Invesco Solar ETF is an ETF - a fund traded on an exchange like a stock - run by Invesco. Positions inside: 44. The ten largest make up 63% of the fund.
- Yearly costs
- 0.70%
- Fund size
- $877.8M
- Positions
- 44
- Running since
- 2008
What speaks for it
- Easy to buy and sell: about $39.7M changes hands a day.
- Average yearly growth over the last ten years: 8.0%.
- It has been running since 2008.
What to watch
- The ten largest positions make up 63% of the fund, so its result rests on a few names.
- 56% of the fund is in one sector (Energy).
- Costs of 0.70% a year are above the middle of comparable funds (0.43%).
- In the last five years its price once dropped by 79% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -6.3%
- 3 months
- -17%
- This year
- -16%
- 1 year
- -16%
- 3 years
- -1.9%
- 5 years
- -58%
- 10 years
- +116%
- Avg. market cap
- $5.55B
- P/E
- 20.5x
- Forward P/E
- 12.3x
- P/S
- 0.6x
- P/B
- 0.9x
- P/FCF
- 14.1x
- EV/EBITDA
- 12.1x
- Dividend yield
- 0.88%
- ROIC
- 3.8%
- ROE
- 0.6%
- Gross margin
- 28.8%
- Operating margin
- 7.9%
- Net margin
- 5.3%
- Payout ratio
- 18.1%
- Net debt/EBITDA
- 7.9x
- Beta
- 1.85
Weighted average of the 35 largest companies, which make up 100% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 NXNextracker NXT 11%
- 2 FSFirst Solar FSLR 9.4%
- 3 ENEnlight Renewable Energy Ltd ENLT.TA 8.4%
- 4 ENEnphase Energy ENPH 7.3%
- 5 HAHannon Armstrong Sustainable Infrastructure Capital, Inc. HASI 5.2%
- 6 DODoral Group Renewable Energy Resources Ltd DORL.TA 5.0%
- 7 CWClearway Energy, Inc. CWEN 4.3%
- 8 SESolarEdge SEDG 4.2%
- 9 GCGCL Technology Holdings Limited GCPEF 4.0%
- 10 RUSunrun RUN 3.9%
Positions in the fund: 44. The ten largest make up 63% of it.
Composition as of Oct 24, 2026.
Where is it spread?
One sector dominatesBy sector
- Energy 56%
- Utilities 32%
- Financials 5.1%
- Industrials 3.8%
- Technology 3.1%
- Other 0.01%
By country
- United States 46%
- Israel 23%
- China 6.7%
- Taiwan 5.6%
- Other countries 19%
By company size
- Large cap 25%
- Mid cap 41%
- Small cap 32%
- Micro cap 2.6%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 81% of the fund.
Largest sector: Energy (56%). Largest country: United States (46%). Largest size group: Mid cap (41%).
What does it cost me?
Expensive- A year from $10,000
- $70.00
- Over 20 years
- $3,322
From every $10,000 invested the fund takes $70.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,322.
How has it done?
Growing over the long run- A year on average, 10 years
- +8.0%
- Deepest drop
- -79%
- Yearly volatility
- 38%
Average yearly growth over the last ten years: 8.0%. Deepest drop in these years: 79% below the earlier high.
Does it pay dividends?
Yes, it pays out- Last payment
- $0.16
The last payment was $0.16 on Dec 23, 2024.
Is it easy to buy and sell?
Very easy- Traded a day
- $39.7M
- Shares a day
- 987K
On an average day about $39.7M of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 20.5
- Average Bulios Score
- 54 out of 100
Weight by Bulios Fair Price
- Undervalued 21%
- Fairly valued 5.0%
- Overvalued 74%
On average the companies inside trade for 20.5 times their yearly profit. By Fair Price, 74% of the rated weight comes out as overvalued.
Counted from its largest companies (35), which make up 100% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
S0 S0LR.DE Invesco Solar Energy UCITS ETF | Ireland | 0.69% | $160.7M | -15% | Reinvests | 92% |
S0 S0LR.F Invesco Solar Energy UCITS ETF | Ireland | 0.69% | $30.0M | -15% | Reinvests | 92% |
FR FRNW Fidelity Clean Energy ETF | United States | 0.39% | $91.1M | -5.2% | Pays out | 32% |
AC ACES ALPS Clean Energy ETF | United States | 0.55% | $89.8M | -25% | Pays out | 31% |
IN INRE.PA iShares Global Clean Energy Transition UCITS ETF | Ireland | 0.65% | $389.5M | -4.4% | Reinvests | 30% |
IN INRG.SW iShares Global Clean Energy Transition UCITS ETF | Ireland | 0.65% | $2.70B | -8.8% | Pays out | 30% |