ACES vs. NBCT ETF Comparison

Comparison of ALPS Clean Energy ETF (ACES) to Neuberger Berman Carbon Transition Infrastructure ETF (NBCT)
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

$27.29

Average Daily Volume

121,265

Number of Holdings *

32

* may have additional holdings in another (foreign) market
NBCT

Neuberger Berman Carbon Transition Infrastructure ETF

NBCT Description Under normal market conditions, the fund invests at least 80% of its net assets (plus borrowing for investment purposes) in equity securities of carbon transition companies and infrastructure companies. It invests a significant portion of its assets in carbon transition companies, which the Managers consider to be those companies that have, or in the Portfolio Managers" view, are reasonably expected to have, at least 20% of their assets or revenue, committed to or derived from infrastructure that will facilitate global decarbonization and/or the reduction of other greenhouse gas emissions.

Grade (RS Rating)

Last Trade

$26.35

Average Daily Volume

669

Number of Holdings *

27

* may have additional holdings in another (foreign) market
Performance
Period ACES NBCT
30 Days -8.01% -1.02%
60 Days -10.91% 3.39%
90 Days -12.01% 8.82%
12 Months -32.57% 11.78%
4 Overlapping Holdings
Symbol Grade Weight in ACES Weight in NBCT Overlap
FSLR A 6.38% 3.48% 3.48%
ITRI B 5.38% 3.36% 3.36%
NEP B 3.36% 1.19% 1.19%
ORA C 4.06% 1.54% 1.54%
ACES Overweight 28 Positions Relative to NBCT
Symbol Grade Weight
DAR F 5.77%
ENPH F 4.87%
TSLA C 4.69%
ALB D 4.62%
RIVN F 4.5%
WOLF F 4.08%
HASI D 3.61%
RUN F 2.73%
LCID F 2.72%
CWEN A 2.35%
ANDE B 2.27%
ARRY F 2.22%
PLUG F 2.03%
SHLS F 1.78%
GPRE F 1.67%
FLNC B 1.28%
REX B 1.09%
NKLA F 1.02%
AMRC F 0.85%
CHPT F 0.61%
NOVA F 0.53%
AMSC C 0.52%
CLNE F 0.51%
STEM F 0.34%
PLL F 0.27%
AMPS D 0.24%
SPWR F 0.21%
GEVO F 0.19%
ACES Underweight 23 Positions Relative to NBCT
Symbol Grade Weight
ETN B -5.84%
LIN C -5.78%
CEG B -5.33%
ABBV D -4.95%
HUBB D -3.98%
PWR A -3.79%
NEE A -3.74%
LNG D -3.54%
WCN C -3.28%
WMB A -3.1%
D A -2.19%
J C -1.96%
CNP A -1.79%
GNRC B -1.63%
SRE A -1.63%
DTM A -1.62%
FE A -1.4%
APD C -1.35%
GTLS D -1.24%
DUK A -1.16%
AY A -1.11%
EXC A -1.1%
JCI B -0.85%
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