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ETF comparison

PHO vs TAN

Both Thematic.

Invesco Water Resources ETF · Invesco Solar ETF

Holdings overlap

Weighted by ISIN/CUSIP
0.0 %

1 positions appear in both funds. Buying equal dollars of PHO and TAN would leave roughly 0.0% of each dollar exposed to the same underlying securities.

PHO unmatched 100.1% Shared 0.0% TAN unmatched 100.0%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In PHO only
40 positions
Shared
1 positions
In TAN only
31 positions

Side by side

PHO

Invesco Water Resources ETF

Invesco · Thematic

54 composite / 100
Expense ratio
0.59%
Net assets
$1.89B
TTM yield
0.52%
Top-10 conc.
57.5%
TAN

Invesco Solar ETF

Invesco · Thematic

44 composite / 100
Expense ratio
0.70%
Net assets
$899.6M
TTM yield
0.00%
Top-10 conc.
65.2%

Sub-score comparison

41
Cost
30
77
Tax efficiency
78
69
Liquidity
55
32
Concentration
21
—
Tracking quality
—
PHO sub-score TAN

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

PHO is 11 bps cheaper than TAN. On a $100,000 position that's about $110/yr more in fees for TAN.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with PHO vs TAN.

Top shared holdings

1 shared in total
# Holding In PHO In TAN Overlap
1 Invesco Government & Agency Portfolio 0.13% 0.04% 0.04%

Only in PHO

40 total
  • Roper Technologies, Inc. 9.12%
  • Ecolab Inc. 8.21%
  • Ferguson Enterprises Inc. 6.89%
  • Waters Corp. 6.74%
  • IDEXX Laboratories, Inc. 6.47%
  • Veralto Corp. 4.34%
  • American Water Works Co., Inc. 4.12%
  • Xylem Inc. 4.04%
  • Agilent Technologies, Inc. 3.87%
  • IDEX Corp. 3.67%

Only in TAN

31 total
  • First Solar, Inc. 11.74%
  • Nextpower Inc. 9.81%
  • Enphase Energy, Inc. 8.75%
  • Enlight Renewable Energy Ltd. 7.58%
  • SolarEdge Technologies, Inc. 6.32%
  • Doral Group Renewable Energy Resources Ltd. 5.09%
  • Sunrun Inc. 4.83%
  • O.Y. Nofar Energy Ltd. 4.22%
  • HA Sustainable Infrastructure Capital, Inc. 3.46%
  • Shoals Technologies Group, Inc. 3.39%

Related comparisons

More comparisons with PHO

More comparisons with TAN

Percentages are holdings overlap with the named fund.

Open PHO or TAN at a brokerage

Both funds trade commission-free at major US brokerages.

Open at Fidelity

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.