Solaredge Technologies Inc vs Invesco Solar ETF — how do they compare? Solaredge Technologies Inc trades at $50.26 (market cap $2.96B), while Invesco Solar ETF trades at $53.51. Which is the better fit depends on your goals.
| SEDG | TAN | |
|---|---|---|
Market Cap | $2.96B | — |
Sector | Technology | Sector/Thematic |
52-Week High | $78.51 | $73.95 |
52-Week Low | $24.42 | $36.07 |
Enterprise Value | $2.89B | — |
Trailing returns across standard periods
SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. The company system consists of power optimizers, inverters, and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. The company sells its products directly to solar installers, engineering, procurement, and construction firms and indirectly to solar installers through distributors and electrical equipment wholesalers. Additionally, the company has nonsolar products targeting energy storage and e-mobility.
Read more on SEDG →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 →