ACES - ETF AI Analysis
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ALPS Clean Energy ETF (ACES)
Rating:61Neutral
Price Target:―
Positive Factors
Strong Clean-Energy Leaders in Top Holdings
Several of the largest positions, such as Albemarle, Plug Power, and Brookfield Renewable Partners, have shown strong gains this year, helping support the fund’s overall results.
Broad Sector Mix Within Clean Energy
Holdings spread across utilities, technology, industrials, and consumer-related companies help reduce the impact if one clean-energy industry segment struggles.
Recent Short-Term Performance Momentum
The ETF has delivered solid gains over the past month and is up so far this year, showing improving momentum after earlier weakness.
Negative Factors
High Concentration in a Few Names
The top 10 holdings each carry meaningful weights, so poor results from just a few companies could noticeably drag down the fund.
Mixed Performance Among Key Holdings
Some major positions like Rivian, Ormat, and First Solar have been weak this year, which can offset the gains from stronger holdings.
Above-Average Expense Ratio
The fund’s fee is on the higher side for an ETF, which slightly reduces the net return that investors keep over time.
ACES vs. SPDR S&P 500 ETF (SPY)
AUM127.53M
RegionNorth America
Expense Ratio0.55%
Beta1.07
IssuerALPS
Inception DateJun 28, 2018
Dividend Yield0.65%
Asset ClassEquity
Index TrackedCIBC Atlas Clean Energy Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume62,345
30 Day Avg. Volume93,465
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
44.51Price 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 utilities, technology, and industrials. Well-known names in the fund include Rivian Automotive and First Solar. Someone might invest in ACES to seek long-term growth while supporting the global shift toward cleaner energy and gaining diversification within the clean energy theme. A key risk is that clean energy stocks can be very volatile and may rise or fall sharply with changes in energy policy and market sentiment.
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 firmly hitched to the clean energy transition, with a North American tilt and a clear focus on renewables and related tech. NEXTracker has been the real engine lately, rising on strong growth and global expansion, while First Solar and Ormat add steady power to the portfolio. Brookfield Renewable and Northland Power are also helping, even if their momentum is a bit mixed. On the flip side, Tesla is losing steam and Rivian is dragging the fund, showing that the EV side of the clean energy story is still bumpy.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Rivian Automotive | 6.35% | $7.91M | $20.82B | 10.62% | 61 Neutral | |
| Tesla | 5.59% | $6.97M | $1.50T | 16.17% | 73 Outperform | |
| HASI | 5.51% | $6.87M | $4.99B | 53.40% | 70 Outperform | |
| Brookfield Renewable Partners | 5.18% | $6.45M | C$33.91B | 41.77% | 56 Neutral | |
| Northland Power | 4.87% | $6.07M | C$5.94B | 3.21% | 53 Neutral | |
| Albemarle | 4.86% | $6.06M | $18.91B | 171.00% | 58 Neutral | |
| Nextpower Inc | 4.78% | $5.95M | $18.92B | 129.66% | 78 Outperform | |
| Clearway Energy | 4.59% | $5.72M | $7.68B | 17.42% | 70 Neutral | |
| Itron | 4.54% | $5.66M | $3.58B | -37.50% | 70 Outperform | |
| Plug Power | 4.48% | $5.59M | $3.98B | 155.96% | 51 Neutral |
ACES Technical Analysis
Negative
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Price Trends
37.19
Negative
35.58
Negative
34.73
Negative
Market Momentum
-0.91
Positive
36.94
Neutral
26.91
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For ACES, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 36.28, equal to the 50-day MA of 37.19, and equal to the 200-day MA of 34.73, indicating a bearish trend. The MACD of -0.91 indicates Positive momentum. The RSI at 36.94 is Neutral, neither overbought nor oversold. The STOCH value of 26.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ACES.
ACES Peer Comparison
Comparison Results
Performance Comparison
ACES
ALPS Clean Energy ETF
34.13
7.13
26.41%
AIPO
Defiance AI & Power Infrastructure ETF
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SAMT
Strategas Macro Thematic Opportunities ETF
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QCLN
First Trust Nasdaq Clean Edge Green Energy Index Fund
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FEPI
REX FANG & Innovation Equity Premium Income ETF
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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.
DisclaimerThis 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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