Summary
Invesco Solar Energy UCITS ETF is an ETF - a fund traded on an exchange like a stock - run by Invesco. Positions inside: 36. The ten largest make up 63% of the fund.
- Yearly costs
- 0.69%
- Fund size
- 103.2M €
- Positions
- 36
- Dividends
- Reinvested
- Running since
- 2021
What speaks for it
Nothing stands out in its favour.
What to watch
- The ten largest positions make up 63% of the fund, so its result rests on a few names.
- 55% of the fund is in one sector (Energy).
- Costs of 0.69% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 73% from its high.
- It trades little: only about 1.46K € changes hands a day.
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
- +5.8%
- 3 months
- -9.5%
- This year
- -4.2%
- 1 year
- -6.4%
- 3 years
- +3.5%
- 5 years
- -51%
- Avg. market cap
- $6.72B
- P/E
- 20.0x
- Forward P/E
- 14.3x
- P/S
- 0.7x
- P/B
- 1.0x
- P/FCF
- 19.4x
- EV/EBITDA
- 12.6x
- Dividend yield
- 0.81%
- ROIC
- 4.7%
- ROE
- 1.9%
- Gross margin
- 29.2%
- Operating margin
- 9.5%
- Net margin
- 6.9%
- Payout ratio
- 16.1%
- Net debt/EBITDA
- 6.2x
- Beta
- 0.77
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 13%
- 2 FSFirst Solar FSLR 9.9%
- 3 ENEnlight Renewable Energy Ltd ENLT.TA 7.4%
- 4 ENEnphase Energy ENPH 6.2%
- 5 HAHannon Armstrong Sustainable Infrastructure Capital, Inc. HASI 5.2%
- 6 DODoral Group Renewable Energy Resources Ltd DORL.TA 5.1%
- 7 RUSunrun RUN 4.7%
- 8 CWClearway Energy, Inc. CWEN 4.4%
- 9 38GCL Technology Holdings Limited 3800.HK 4.1%
- 10 SHShoals Technologies SHLS 3.2%
Positions in the fund: 36. The ten largest make up 63% of it.
Composition as of Nov 6, 2026.
Where is it spread?
One sector dominatesBy sector
- Energy 55%
- Utilities 32%
- Financials 5.2%
- Industrials 3.9%
- Technology 3.2%
- Other 0.03%
By country
- United States 51%
- Israel 19%
- China 11%
- Taiwan 5.5%
- Other countries 13%
By company size
- Large cap 23%
- Mid cap 49%
- Small cap 26%
- Micro cap 2.0%
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.
Largest sector: Energy (55%). Largest country: United States (51%). Largest size group: Mid cap (49%).
What does it cost me?
Expensive- A year from 10,000 €
- 69.00 €
- Over 20 years
- 3,278 €
From every 10,000 € invested the fund takes 69.00 € 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 3,278 €.
How has it done?
Losing value- A year on average, 5 years
- -13%
- Deepest drop
- -73%
- Yearly volatility
- 39%
Average yearly decline over the last five years: 13%. Deepest drop in these years: 73% below the earlier high.
Does it pay dividends?
No, it reinvestsThe fund pays nothing out. What its holdings earn stays inside and shows in the price.
Is it easy to buy and sell?
It trades little- Traded a day
- 1.46K €
- Shares a day
- 68
On an average day about 1.46K € of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 20.0
- Average Bulios Score
- 55 out of 100
Weight by Bulios Fair Price
- Undervalued 50%
- Fairly valued 0.0%
- Overvalued 50%
On average the companies inside trade for 20.0 times their yearly profit. By Fair Price, 50% 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% | $177.3M | -4.1% | Reinvests | 100% |
TA TAN Invesco Solar ETF | United States | 0.70% | $999.4M | -9.5% | Pays out | 92% |
FR FRNW Fidelity Clean Energy ETF | United States | 0.39% | $85.1M | -1.7% | Pays out | 35% |
AC ACES ALPS Clean Energy ETF | United States | 0.55% | $92.1M | -21% | Pays out | 34% |
IN INRE.PA iShares Global Clean Energy Transition UCITS ETF | Ireland | 0.65% | $407.6M | +0.1% | Reinvests | 33% |
IN INRG.SW iShares Global Clean Energy Transition UCITS ETF | Ireland | 0.65% | $2.78B | -4.8% | Pays out | 33% |