Consolidated Edison, Inc. vs Invesco Solar ETF — how do they compare? Consolidated Edison, Inc. trades at $107.5 (market cap $39.76B), while Invesco Solar ETF trades at $52.8. The key difference: Consolidated Edison, Inc. pays a 3.27% dividend while Invesco Solar ETF pays none, and Consolidated Edison, Inc. is trading nearer its 52-week high, Invesco Solar ETF nearer its low. Which is the better fit depends on your goals.
| ED | TAN | |
|---|---|---|
Market Cap | $39.76B | — |
Sector | Utilities | Sector/Thematic |
52-Week High | $115.46 | $73.95 |
52-Week Low | $95.37 | $36.62 |
Enterprise Value | $66.61B | — |
Dividend Yield | 3.27% | — |
Trailing returns across standard periods
Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities will generate nearly all of Con Ed's earnings once it closes the sale of its clean energy business to RWE. Con Ed's clean energy business owns the second-largest portfolio of utility-scale solar projects in the U.S. Following the sale, Con Ed's only non-utility earnings will come from investments in gas and electric transmission.
Read more on ED →TAN is a thematic ETF that tracks the MAC Global Solar Energy Index. It provides targeted exposure to the global solar industry, including manufacturers of solar panels, installers, and component suppliers like Enphase and First Solar.
Read more on TAN →