TAN is trading 4.9% down today as investors rotate out of growth and tech-linked assets amid global semiconductor weakness and AI-spending concerns.
- Caution ahead of the Federal Reserve’s two-day meeting is weighing heavily on solar and broader clean-tech names.
- Renewed geopolitical uncertainty surrounding shipping routes is amplifying risk-off sentiment across the sector.
- The ETF is underperforming the wider market due to its significant exposure to information technology and industrials.