ACES vs. CTEC ETF Comparison

Comparison of ALPS Clean Energy ETF (ACES) to Global X CleanTech ETF (CTEC)

ACES

ALPS Clean Energy ETF

ACES Description

The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the "underlying index"). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the "index provider"), 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. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.99

Average Daily Volume

115,943

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CTEC

Global X CleanTech ETF

CTEC Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global CleanTech Index. The fund invests at least 80% of its total assets, plus borrowings for investments purposes, in the securities of the index and in ADRs, GDRs based on the securities in the index. The index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of technologies focused on improving the efficiency of renewable energy production and/or mitigating the adverse environmental effects of resource consumption. It is non-diversified.

Grade (RS Rating)

Last Trade

$8.34

Average Daily Volume

22,712

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ACES	CTEC
30 Days	-8.74%	-11.37%
60 Days	-17.65%	-12.12%
90 Days	-10.81%	-6.19%
12 Months	-39.77%	-45.39%

9 Overlapping Holdings

Symbol	Grade	Weight in ACES	Weight in CTEC	Overlap
AMRC	F	0.85%	1.03%	0.85%
ARRY	F	2.4%	2.82%	2.4%
ENPH	F	4.99%	5.63%	4.99%
FLNC	F	1.2%	2.77%	1.2%
FSLR	B	6.21%	7.05%	6.21%
PLUG	F	2.35%	2.74%	2.35%
SHLS	F	1.91%	2.24%	1.91%
SPWR	F	0.25%	0.58%	0.25%
STEM	F	0.32%	0.38%	0.32%

ACES Overweight 23 Positions Relative to CTEC

Symbol	Grade	Weight
DAR	D	5.54%
ITRI	A	4.88%
ALB	F	4.86%
TSLA	F	4.59%
RIVN	F	4.49%
WOLF	F	4.08%
ORA	D	4.01%
HASI	B	3.47%
NEP	F	3.15%
RUN	F	2.97%
LCID	F	2.6%
CWEN	B	2.25%
ANDE	A	2.2%
GPRE	C	1.64%
NKLA	D	1.08%
REX	A	1.03%
CHPT	F	0.74%
NOVA	F	0.56%
AMSC	D	0.52%
CLNE	F	0.47%
PLL	F	0.28%
AMPS	F	0.27%
GEVO	F	0.18%

ACES Underweight 7 Positions Relative to CTEC

Symbol	Grade	Weight
SEDG	F	-4.3%
QS	F	-3.42%
BE	D	-3.35%
DQ	D	-2.51%
JKS	F	-1.7%
CSIQ	F	-1.46%
FCEL	F	-0.67%