ACES vs. CTEX ETF Comparison
Comparison of ALPS Clean Energy ETF (ACES) to ProShares S&P Kensho Cleantech ETF (CTEX)
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
$27.05
Average Daily Volume
126,745
28
CTEX
ProShares S&P Kensho Cleantech ETF
CTEX Description
ProShares Trust - ProShares S&P Kensho Cleantech ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the public equity markets across the globe. It invests in the stocks of companies focused on building technologies or products that enable generation of energy in a clean manner that includes hardware, software, or materials technologies used for clean energy capture from sources such as solar, wind, geothermal, and hydro, installation of clean energy capture technologies for use in residential or commercial applications and advanced energy storage devices sectors. The fund invests in growth and value stocks of companies across diversified market capitalizations. It replicates the performance of the S&P Kensho Cleantech Index, by using full replication technique. ProShares Trust - ProShares S&P Kensho Cleantech ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$21.88
Average Daily Volume
4,216
29
Performance
| Period | ACES | CTEX |
|---|---|---|
| 30 Days | -5.47% | 3.92% |
| 60 Days | -7.12% | -3.21% |
| 90 Days | -5.36% | 2.50% |
| 12 Months | -12.13% | -2.82% |
11 Overlapping Holdings
| Symbol | Grade | Weight in ACES | Weight in CTEX | Overlap | |
|---|---|---|---|---|---|
| AMSC | C | 1.62% | 6.4% | 1.62% | |
| ARRY | F | 1.16% | 2.21% | 1.16% | |
| ENPH | F | 2.74% | 1.99% | 1.99% | |
| FLNC | C | 1.55% | 2.86% | 1.55% | |
| FSLR | F | 4.32% | 3.15% | 3.15% | |
| NOVA | F | 0.5% | 3.09% | 0.5% | |
| ORA | B | 5.4% | 4.02% | 4.02% | |
| PLUG | F | 2.01% | 2.35% | 2.01% | |
| RUN | F | 2.56% | 3.15% | 2.56% | |
| SHLS | F | 1.0% | 2.67% | 1.0% | |
| TSLA | B | 7.71% | 4.71% | 4.71% |
ACES Underweight 18 Positions Relative to CTEX
ACES: Top Represented Industries & Keywords
CTEX: Top Represented Industries & Keywords
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