ACES

ALPS Clean Energy ETF

$32.51
+0.00%
Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The ALPS Clean Energy ETF (ACES) seeks to track the performance of the CIBC Atlas Clean Energy Index, which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector, including renewables and clean technology.

Overview

ETF tracking ALPS Clean Energy ETF

Category Thematic
Issuer Other
Inception Date 2021-03-29
Market Cap $106.5M
Average Volume N/A
Dividend Yield 0.76%
52-Week Range $20.20 - $37.32
VWAP $32.51

Performance

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Investment Summary

📎 Investment Objective

The ALPS Clean Energy ETF (ACES) seeks to track the performance of the CIBC Atlas Clean Energy Index, which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector, including renewables and clean technology.

🎯 Investment Strategy

The ETF invests in a portfolio of stocks of companies that are primarily engaged in the clean energy industry, including companies involved in renewable energy sources such as solar, wind, hydropower, geothermal, biofuels, and electric vehicles and energy storage technology.

✨ Key Features

  • Provides exposure to a broad range of companies in the clean energy sector
  • Diversified portfolio across different clean energy technologies and industries
  • Tracks an index that is designed to measure the performance of the clean energy industry
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a specific sector
  • Volatility risk as clean energy stocks can be subject to significant price swings
  • Regulatory and policy risk as changes in government policies can impact the clean energy industry
  • Liquidity risk as some of the underlying holdings may have limited trading volume

👤 Best For

The ALPS Clean Energy ETF may be suitable for investors seeking exposure to the growing clean energy sector as part of a diversified portfolio. Investors should have a long-term investment horizon and be willing to accept the higher volatility associated with a thematic sector fund.