ACES - ETF AI Analysis

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ALPS Clean Energy ETF (ACES)

Rating:62Neutral

Price Target:―

The ALPS Clean Energy ETF (ACES) has a balanced overall rating, reflecting both strengths and challenges among its top holdings. Strong contributors like NEXTracker (NXT), with its robust financial performance and international growth, and First Solar (FSLR), supported by strategic initiatives and reasonable valuation, bolster the fund's rating. However, weaker holdings such as Sunrun (RUN), which faces significant financial challenges and valuation concerns, and Brookfield Renewable Partners (TSE:BEP.UN), hindered by high leverage and weak momentum, weigh on the overall score. A key risk for the ETF is its exposure to companies with financial instability, which could impact long-term performance despite the promising growth potential in clean energy markets.

Positive Factors

Strong Top Holdings

Several top holdings, such as Eos Energy Enterprises and NEXTracker, have delivered strong year-to-date performance, supporting the ETF’s overall returns.

Sector Diversification

The ETF is spread across multiple sectors, including Technology, Utilities, and Industrials, which helps mitigate risks from downturns in any single industry.

Clean Energy Focus

The ETF targets the growing clean energy sector, which benefits from increasing global demand and favorable policy trends.

Negative Factors

High Geographic Concentration

The ETF is heavily concentrated in U.S. companies, with limited exposure to international markets, which may reduce diversification.

Moderate Expense Ratio

The ETF’s expense ratio is higher than some low-cost alternatives, which could slightly eat into investor returns over time.

Mixed Performance Among Holdings

While some holdings have performed well, others like Albemarle and Tesla have shown weaker year-to-date performance, potentially dragging on overall results.

ACES vs. SPDR S&P 500 ETF (SPY)

AUM107.22M

RegionNorth America

Expense Ratio0.55%

Beta1.15

IssuerALPS

Inception DateJun 28, 2018

Dividend Yield0.76%

Asset ClassEquity

Index TrackedCIBC Atlas Clean Energy Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume27,366

30 Day Avg. Volume31,690

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

38.64

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering34

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

ACES Summary

The ALPS Clean Energy ETF (ACES) is an investment fund that focuses on companies in the renewable energy sector, including solar, wind, and hydroelectric power. It follows the CIBC Atlas Clean Energy Index and includes well-known companies like Tesla and First Solar. This ETF is ideal for investors who want to support clean energy and potentially benefit from the growth of sustainable technologies. However, new investors should know that its performance can be heavily influenced by the renewable energy market, which may experience ups and downs depending on economic and industry trends.

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

The ALPS Clean Energy ETF (ACES) is riding the wave of renewable energy, with a strong focus on North American companies driving the green transition. First Solar and NEXTracker are steady performers, benefiting from robust financials and strategic growth, while Albemarle adds momentum with its technical strength. However, Tesla and Sunrun are losing a bit of spark, with valuation concerns and financial challenges weighing on their contributions. The fund leans heavily into technology and utilities, making it a thematic play on clean energy innovation, though its reliance on a few key names introduces some concentration risk.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
ALB	Albemarle	7.50%	$7.85M	$15.43B	48.78%	58 Neutral
TSLA	Tesla	6.06%	$6.34M	$1.63T	6.16%	73 Outperform
RIVN	Rivian Automotive	5.64%	$5.90M	$21.95B	34.99%	58 Neutral
FSLR	First Solar	5.62%	$5.88M	$27.74B	37.86%	75 Outperform
NXT	NEXTracker, Inc. Class A	5.56%	$5.82M	$13.06B	145.30%	78 Outperform
ORA	Ormat Techno	5.43%	$5.68M	$6.76B	61.99%	71 Outperform
HASI	HASI	5.28%	$5.52M	$4.12B	23.16%	70 Outperform
BEP.UN	Brookfield Renewable Partners	4.88%	$5.10M	C$25.91B	17.93%	56 Neutral
EOSE	Eos Energy Enterprises	4.85%	$5.07M	$4.31B	203.71%	56 Neutral
RUN	Sunrun	4.27%	$4.46M	$4.07B	86.67%	52 Neutral

ACES Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

33.94

Negative

100DMA

31.76

Positive

200DMA

28.12

Positive

Market Momentum

MACD

-0.10

Negative

RSI

43.58

Neutral

STOCH

20.59

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 32.68, equal to the 50-day MA of 33.94, and equal to the 200-day MA of 28.12, indicating a neutral trend. The MACD of -0.10 indicates Negative momentum. The RSI at 43.58 is Neutral, neither overbought nor oversold. The STOCH value of 20.59 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

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
ACES	―	―	$107.22M	0.55%	―
PWRD	―	―	$946.15M	0.75%	―
PNQI	―	―	$771.91M	0.60%	―
SIXG	―	―	$671.05M	0.30%	―
QCLN	―	―	$545.39M	0.56%	―
CNRG	―	―	$199.75M	0.45%	―

Performance Comparison

ACES

ALPS Clean Energy ETF

32.27

6.75

26.45%

PWRD

Tcw Transform Systems Etf

―

PNQI

Invesco NASDAQ Internet ETF

―

SIXG

Defiance Connective Technologies Etf

―

QCLN

First Trust Nasdaq Clean Edge Green Energy Index Fund

―

CNRG

SPDR S&P Kensho Clean Power ETF

―

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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