TAN vs VTI
Invesco Solar ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, TAN or VTI?
Mid Cap Growth against Large Cap Blend.
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 56.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | TAN | VTI |
|---|---|---|
| Expense Ratio | 0.70% | 0.03%Best |
| AUM | $889M | $690.1B |
| Dividend Yield | 0.00% | 1.03% |
| Holdings | 91 | 3,524 |
| YTD Return | -16.53% | +12.51%Best |
| 1Y Return | -4.46% | +15.23%Best |
| 3Y Return (annualized) | -4.46% | +22.50%Best |
| 5Y Return (annualized) | -11.87% | +12.31%Best |
| Volatility (annualized) | 43.5% | 16.1%Best |
| Max Drawdown | -95.3% | -52.6%Best |
| $10,000 over 5 years | $5,316 | $17,869Best |
| Top 10 Weight | 56.6% | 33.3%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | Apr 15, 2008 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Apr 15, 2008 to Oct 1, 2026 (18.5 years).
TAN vs VTI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 18.5 years both funds cover.
TAN vs VTI Performance
Invesco Solar ETF (TAN) is an ETF from Invesco (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year TAN returned -4.46% while VTI returned +15.23%. Year to date, TAN is down 16.53% versus a gain of 12.51% for VTI.
Over three years, TAN compounded at -4.46% per year against +22.50% for VTI; over five years the annualized figures are -11.87% and +12.31% respectively. Across the full 19-year window we track, VTI has the edge at +10.32% annualized vs -7.80%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TAN has been the more volatile fund, with annualized monthly volatility of 43.5% compared with 16.1% for VTI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -95.3% for TAN and -52.6% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.64. They move together some of the time, and apart the rest.
Fees and Cost Over Time
TAN charges 0.70% per year while VTI charges 0.03%. On a $10,000 position that is $70 vs $3 annually, a gap of $67 per year that compounds over a long holding period. On income, TAN currently yields 0.00% against 1.03% for VTI.
Holdings Overlap
40.7% of TAN's money is in holdings VTI also owns. 0.1% of VTI's money is in holdings TAN also owns.
The two portfolios partly overlap.
The two holdings books were reported 46 days apart, TAN as of Sep 15, 2026 and VTI as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
8 positions in common, counted across the 36 positions we hold weights for in TAN and 3,463 in VTI, against full books of 91 and 3,524.
What only one of them owns
Our book lists 1,146 positions for VTI that do not appear in our book for TAN (97.4% of the fund), and 5 for TAN that do not appear in VTI (10.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in TAN | Weight in VTI | Difference |
|---|---|---|---|
| FSLRFirst Solar, Inc | 10.31% | 0.03% | 10.28% |
| NXTNextpower Inc Class A Common Stock | 8.97% | 0.02% | 8.95% |
| ENPHEnphase Energy Inc Common Stock | 6.59% | 0.01% | 6.58% |
| HASIHa Sustainable Infrastructure Capital Inc | 4.40% | 0.01% | 4.39% |
| RUNSunrun Inc | 3.82% | 0.00% | 3.82% |
| SHLSShoals Technologies Group Inc Cl A | 2.69% | 0.00% | 2.69% |
| TET1 Energy Inc | 2.18% | 0.00% | 2.18% |
| ARRYArray Biopharma Inc. | 1.73% | 0.00% | 1.73% |
40.7% of TAN is already inside VTI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, TAN or VTI?
TAN has an expense ratio of 0.70% while VTI charges 0.03%. VTI is the cheaper option, by $67 a year on a $10,000 investment.
Which performed better, TAN or VTI?
Over the past year TAN returned -4.46% vs +15.23% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (19 years), TAN annualized -7.80% vs +10.32% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TAN or VTI?
TAN has been the more volatile fund at 43.5% annualized versus 16.1% for VTI. Worst drawdown: TAN -95.3% vs VTI -52.6%.
Should I hold both TAN and VTI?
TAN and VTI have a monthly-return correlation of 0.64, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between TAN and VTI?
40.7% of TAN's money is in holdings VTI also owns. 0.1% of VTI's is in holdings TAN also owns. They hold 8 positions in common, counted across the 36 positions we hold weights for in TAN and 3,463 in VTI.
Which pays a higher dividend, TAN or VTI?
TAN yields 0.00% while VTI yields 1.03%, so VTI currently pays the higher dividend yield.
Is VTI better than TAN?
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 56.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.