ACES vs. PBW ETF Comparison

Comparison of ALPS Clean Energy ETF (ACES) to PowerShares WilderHill Clean Energy Portfolio (PBW)
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

$26.43

Average Daily Volume

110,463

Number of Holdings *

32

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

PowerShares WilderHill Clean Energy Portfolio

PBW Description The PowerShares WilderHill Clean Energy Portfolio (Fund) is based on the WilderHill Clean Energy Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to deliver capital appreciation through the selection of companies that focus on greener and generally renewable sources of energy and technologies that facilitate cleaner energy. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$19.52

Average Daily Volume

275,182

Number of Holdings *

59

* may have additional holdings in another (foreign) market
Performance
Period ACES PBW
30 Days -5.61% -10.00%
60 Days -7.36% -12.96%
90 Days -10.83% -18.45%
12 Months -35.42% -41.95%
21 Overlapping Holdings
Symbol Grade Weight in ACES Weight in PBW Overlap
ALB F 4.64% 1.57% 1.57%
AMPS F 0.26% 1.49% 0.26%
AMRC F 0.76% 1.53% 0.76%
AMSC D 0.52% 1.37% 0.52%
ARRY D 2.05% 1.62% 1.62%
CHPT F 0.69% 1.32% 0.69%
ENPH F 5.0% 1.57% 1.57%
FLNC D 1.24% 1.7% 1.24%
FSLR B 6.51% 2.07% 2.07%
ITRI A 5.21% 1.54% 1.54%
NOVA F 0.53% 1.2% 0.53%
ORA D 4.1% 1.64% 1.64%
PLL F 0.31% 1.93% 0.31%
PLUG F 2.36% 1.28% 1.28%
RIVN F 4.45% 1.2% 1.2%
RUN F 2.95% 1.29% 1.29%
SHLS F 1.78% 1.09% 1.09%
SPWR F 0.25% 1.1% 0.25%
STEM F 0.3% 1.15% 0.3%
TSLA D 4.44% 1.49% 1.49%
WOLF F 4.02% 1.43% 1.43%
ACES Overweight 11 Positions Relative to PBW
Symbol Grade Weight
DAR C 5.52%
HASI C 3.48%
NEP D 3.26%
LCID F 2.74%
ANDE A 2.32%
CWEN B 2.31%
GPRE F 1.67%
REX A 1.12%
NKLA F 1.05%
CLNE F 0.5%
GEVO F 0.18%
ACES Underweight 38 Positions Relative to PBW
Symbol Grade Weight
FREY F -1.95%
MP C -1.89%
SES F -1.73%
SLDP D -1.69%
BE F -1.69%
LNZA F -1.67%
JKS D -1.62%
BELFB B -1.6%
AEIS D -1.57%
ESE B -1.57%
MYRG B -1.55%
THRM F -1.52%
PWR A -1.52%
OLED D -1.51%
SQM F -1.51%
SLI F -1.5%
QS F -1.48%
PLPC D -1.48%
WBX F -1.47%
SEDG F -1.46%
CSIQ F -1.45%
JOBY F -1.43%
FCEL F -1.41%
LEV F -1.37%
ENVX F -1.29%
NAAS F -1.29%
BLNK F -1.29%
PSNY F -1.25%
NIO F -1.24%
XPEV F -1.23%
ACHR D -1.22%
RNW D -1.21%
EOSE F -1.13%
NRGV F -1.0%
AMPX F -0.99%
SOL F -0.52%
TPIC F -0.49%
MAXN F -0.32%
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