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ACES - ETF AI Analysis
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ALPS Clean Energy ETF (ACES)
Rating:62Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered solid gains so far this year, showing positive momentum in the clean energy theme.
Leading Clean Energy Holdings
Several of the largest positions, such as Albemarle and Eos Energy Enterprises, have shown strong performance, helping support the fund’s overall returns.
Diversified Across Clean Energy Industries
Holdings spread across technology, utilities, industrials, and consumer sectors help reduce the impact if one clean energy segment struggles.
Negative Factors
High Expense Ratio
The fund’s fee is relatively high for an ETF, which can eat into long-term returns compared with lower-cost options.
Concentrated in a Few Names
The top holdings each take up a meaningful slice of the portfolio, increasing the impact if any one of them runs into trouble.
Exposure to Volatile Stocks
Some key holdings like Sunrun and Tesla have recently shown weak performance, highlighting the fund’s sensitivity to swings in individual clean energy stocks.
ACES vs. SPDR S&P 500 ETF (SPY)
AUM120.58M
RegionNorth America
Expense Ratio0.55%
Beta1.10
IssuerALPS
Inception DateJun 28, 2018
Dividend Yield0.64%
Asset ClassEquity
Index TrackedCIBC Atlas Clean Energy Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume46,857
30 Day Avg. Volume36,544
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
41.79Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering37
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
ACES Summary
The ALPS Clean Energy ETF (ACES) follows the CIBC Atlas Clean Energy Index and focuses on companies involved in renewable energy, such as solar, wind, and other clean power technologies. It mainly holds U.S. and Canadian stocks across technology, utilities, and industrials. Well-known names in the fund include Tesla and Albemarle. Someone might invest in ACES to seek long-term growth while supporting the global shift toward cleaner energy and to get diversified exposure to many clean energy companies at once. A key risk is that clean energy stocks can be very volatile and can go up and down sharply with market and policy changes.
How much will it cost me?The ALPS Clean Energy ETF (ACES) has an expense ratio of 0.55%, meaning you’ll pay $5.50 per year for every $1,000 invested. This is higher than average because it’s a specialized, actively managed fund focused on the renewable energy sector, which typically involves more research and management costs compared to passively managed funds.
What would affect this ETF?The ALPS Clean Energy ETF (ACES) could benefit from increasing global demand for renewable energy and supportive government policies promoting clean energy adoption, especially in North America. However, it may face challenges from rising interest rates, which can increase borrowing costs for companies in the sector, and potential regulatory hurdles or delays in clean energy projects. The ETF's exposure to technology and industrial sectors, along with top holdings like Tesla and First Solar, positions it to capitalize on innovation but also makes it sensitive to market volatility in these industries.
ACES Top 10 Holdings
ACES is a pure play on North American clean energy, with a heavy tilt toward tech and utilities names powering the energy transition. Albemarle and Eos Energy are among the brighter spots, rising on optimism around batteries and grid-scale storage. NEXTracker and Ormat are also pulling their weight, with steady to rising trends that help support the fund. On the flip side, Sunrun and Tesla are losing steam, acting as noticeable drags, while Brookfield Renewable’s weaker momentum keeps overall performance more mixed than the clean-energy story might suggest.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Albemarle | 6.41% | $7.51M | $20.08B | 102.67% | 58 Neutral | |
| Nextpower Inc | 6.08% | $7.12M | $17.37B | 132.23% | 78 Outperform | |
| Enphase Energy | 5.56% | $6.52M | $4.84B | -40.62% | 61 Neutral | |
| Ormat Techno | 5.21% | $6.11M | $7.59B | 94.76% | 71 Outperform | |
| Sunrun | 4.97% | $5.82M | $4.41B | 109.94% | 52 Neutral | |
| Brookfield Renewable Partners | 4.94% | $5.79M | C$27.79B | 36.27% | 56 Neutral | |
| HASI | 4.84% | $5.67M | $4.34B | 22.85% | 70 Outperform | |
| Itron | 4.76% | $5.57M | $4.54B | -7.71% | 70 Outperform | |
| Eos Energy Enterprises | 4.59% | $5.38M | $4.74B | 155.05% | 56 Neutral | |
| Tesla | 4.45% | $5.21M | $1.62T | 6.38% | 73 Outperform |
ACES Technical Analysis
Positive
―
Price Trends
33.80
Positive
33.60
Positive
29.78
Positive
Market Momentum
0.72
Negative
52.39
Neutral
64.03
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For ACES, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 35.28, equal to the 50-day MA of 33.80, and equal to the 200-day MA of 29.78, indicating a bullish trend. The MACD of 0.72 indicates Negative momentum. The RSI at 52.39 is Neutral, neither overbought nor oversold. The STOCH value of 64.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ACES.
ACES Peer Comparison
Comparison Results
Performance Comparison
ACES
ALPS Clean Energy ETF
35.42
10.03
39.50%
IYZ
iShares U.S. Telecommunications ETF
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SIXG
Defiance Connective Technologies Etf
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PNQI
Invesco NASDAQ Internet ETF
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QCLN
First Trust Nasdaq Clean Edge Green Energy Index Fund
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CNRG
SPDR S&P Kensho Clean Power ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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