ACES - ETF AI Analysis
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ALPS Clean Energy ETF (ACES)
ACES, the ALPS Clean Energy ETF, has a solid overall rating that reflects a mix of strong growth-focused clean energy leaders and some more challenged utility-style names. High-quality holdings like NEXTracker and Tesla, which show robust financial performance, bullish technical trends, and clear growth potential, are key drivers of the fund’s strength. However, weaker holdings such as Northland Power and Brookfield Renewable, which face high leverage, profitability issues, and bearish momentum, highlight the main risk: exposure to financially stretched clean energy and infrastructure companies within a relatively concentrated sector.
ACES vs. SPDR S&P 500 ETF (SPY)
- AUM
- 88.14M
- Region
- North America
- Expense Ratio
- 0.55%
- Beta
- 0.99
- Issuer
- ALPS
- Inception Date
- Jun 28, 2018
- Dividend Yield
- 0.72%
- Asset Class
- Equity
- Index Tracked
- CIBC Atlas Clean Energy Index
ACES Summary
ACES is the ALPS Clean Energy ETF, which follows the CIBC Atlas Clean Energy Index and focuses on companies involved in renewable energy like solar, wind, and hydro. It mainly holds U.S. and Canadian stocks across technology, utilities, and industrials. Well-known names in the fund include Tesla and Brookfield Renewable Partners. Someone might invest in ACES to tap into the long-term growth potential of clean energy while spreading their money across many companies instead of picking just one stock. A key risk is that clean energy stocks can be very volatile and may go up and down more than the overall market.
How much will it cost me?
This ETF has an expense ratio of 0.55%, which means you’ll pay about $5.50 per year for every $1,000 you invest. That’s higher than the average ETF cost because it’s a specialized, theme-based fund focused on clean energy rather than a broad, low-cost index.
What would affect this ETF?
ACES focuses on North American clean energy companies in technology, utilities, and industrials, so it could benefit from supportive government policies, growing demand for renewable power, and innovation at top holdings like Tesla and Brookfield Renewable Partners. On the downside, higher interest rates, changing regulations or subsidies, and economic slowdowns that hurt funding or consumer demand for clean energy projects could weigh on the ETF’s future performance.
ACES Top 10 Holdings
ACES is a pure play on North American clean energy, with most of its muscle coming from U.S.-listed names. Tesla and Darling Ingredients are the fund’s main engines right now, both rising and helping offset weakness elsewhere. Clearway Energy and HASI are steady contributors, adding some income-oriented ballast. On the other side, First Solar and Ormat Technologies have been lagging, acting like headwinds just as the broader renewable theme tries to pick up speed. Overall, the ETF is tightly focused on renewables, blending growth stories with more utility-like stability.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 TSLA | Tesla | 6.14% | $5.35M | $1.58T | -9.15% | 73Outperform |
 TSE:NPI | Northland Power | 6.06% | $5.27M | CAD 5.66B | -14.60% | 53Neutral |
 CWEN | Clearway Energy | 5.89% | $5.13M | $6.57B | 0.91% | 70Neutral |
 ITRI | Itron | 5.80% | $5.05M | $4.20B | -12.08% | 70Outperform |
 NXT | Nextpower Inc | 5.50% | $4.79M | $12.04B | -19.97% | 78Outperform |
 HASI | HASI | 5.40% | $4.70M | $4.78B | 34.22% | 70Outperform |
 TSE:BEP.UN | Brookfield Renewable Partners | 5.34% | $4.65M | CAD 27.38B | -5.21% | 56Neutral |
 ORA | Ormat Techno | 4.98% | $4.34M | $5.52B | -14.67% | 71Outperform |
 FSLR | First Solar | 4.86% | $4.23M | $18.74B | -25.34% | 75Outperform |
 DAR | Darling Ingredients | 4.90% | $4.27M | $8.79B | 73.45% | 69Neutral |
ACES Technical Analysis
Price Trends
Market Momentum
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 25.94 is below the 20-day moving average (MA) of 26.56, below the 50-day MA of 28.26, and below the 200-day MA of 33.11, indicating a bearish trend. The MACD of -0.69 indicates Negative momentum. The RSI at 39.23 is Neutral, neither overbought nor oversold. The STOCH value of 71.24 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 | $25.94 | $29.00(11.81% Upside) | $88.14M | 0.55% | 62Neutral |
 MILN | $43.73 | $53.26(21.80% Upside) | $89.58M | 0.50% | 71Outperform |
 CCSO | $24.26 | $31.69(30.65% Upside) | $45.24M | 0.35% | 68Neutral |
 TMGN | $24.08 | $31.27(29.84% Upside) | $43.33M | 0.88% | 75Outperform |
 LRNZ | $61.32 | $85.43(39.32% Upside) | $43.66M | 0.69% | 66Neutral |
 BUIL | $22.94 | $33.97(48.05% Upside) | $43.07M | 0.65% | 68Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| ACES | ALPS Clean Energy ETF | 25.94 | -9.05 | -25.88% | |
| MILN | Global X Millennial Consumer ETF | 43.73 | -3.36 | -7.14% | |
| CCSO | Carbon Collective Climate Solutions U.S. Equity ETF | 24.26 | -1.05 | -4.14% | |
| TMGN | TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF | 24.08 | 0.96 | 4.14% | |
| LRNZ | TrueShares Technology, AI & Deep Learning ETF | 61.32 | 9.10 | 17.42% | |
| BUIL | Rebuild America ETF | 22.94 | -1.92 | -7.71% |
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.