ACES vs. QCLN ETF Comparison
Comparison of ALPS Clean Energy ETF (ACES) to First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN)
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
$26.72
Average Daily Volume
110,463
32
QCLN
First Trust NASDAQ Clean Edge Green Energy Index Fund
QCLN Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ(R) Clean Edge(R) Green Energy Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified market capitalization-weighted index in which larger companies receive a larger Index weighting and includes caps to prevent high concentrations among larger alternative energy stocks. The fund is non-diversified.Grade (RS Rating)
Last Trade
$31.94
Average Daily Volume
197,170
49
Performance
| Period | ACES | QCLN |
|---|---|---|
| 30 Days | -5.61% | -4.81% |
| 60 Days | -7.36% | -6.12% |
| 90 Days | -10.83% | -9.70% |
| 12 Months | -35.42% | -28.82% |
25 Overlapping Holdings
| Symbol | Grade | Weight in ACES | Weight in QCLN | Overlap | |
|---|---|---|---|---|---|
| ALB | F | 4.64% | 7.07% | 4.64% | |
| AMPS | F | 0.26% | 0.34% | 0.26% | |
| AMRC | F | 0.76% | 0.35% | 0.35% | |
| AMSC | D | 0.52% | 0.23% | 0.23% | |
| ARRY | D | 2.05% | 0.91% | 0.91% | |
| CHPT | F | 0.69% | 0.32% | 0.32% | |
| CLNE | F | 0.5% | 0.28% | 0.28% | |
| CWEN | B | 2.31% | 1.02% | 1.02% | |
| ENPH | F | 5.0% | 7.81% | 5.0% | |
| FLNC | D | 1.24% | 1.09% | 1.09% | |
| FSLR | B | 6.51% | 10.03% | 6.51% | |
| HASI | C | 3.48% | 1.5% | 1.5% | |
| ITRI | A | 5.21% | 2.27% | 2.27% | |
| LCID | F | 2.74% | 3.09% | 2.74% | |
| NEP | D | 3.26% | 1.39% | 1.39% | |
| NOVA | F | 0.53% | 0.25% | 0.25% | |
| ORA | D | 4.1% | 2.09% | 2.09% | |
| PLUG | F | 2.36% | 1.02% | 1.02% | |
| RIVN | F | 4.45% | 3.54% | 3.54% | |
| RUN | F | 2.95% | 1.22% | 1.22% | |
| SHLS | F | 1.78% | 0.77% | 0.77% | |
| SPWR | F | 0.25% | 0.22% | 0.22% | |
| STEM | F | 0.3% | 0.14% | 0.14% | |
| TSLA | D | 4.44% | 6.75% | 4.44% | |
| WOLF | F | 4.02% | 1.64% | 1.64% |
ACES Underweight 24 Positions Relative to QCLN
| Symbol | Grade | Weight | |
|---|---|---|---|
| ON | D | -7.24% | |
| AYI | C | -4.18% | |
| OLED | D | -3.98% | |
| ALGM | D | -2.81% | |
| ENS | D | -2.01% | |
| POWI | D | -2.0% | |
| AEIS | D | -1.86% | |
| SEDG | F | -1.8% | |
| MP | C | -1.61% | |
| BE | F | -1.21% | |
| AY | A | -1.17% | |
| SQM | F | -1.16% | |
| RNW | D | -0.78% | |
| VICR | F | -0.62% | |
| ASPN | C | -0.57% | |
| LNZA | F | -0.31% | |
| MNTK | F | -0.27% | |
| FCEL | F | -0.23% | |
| LYTS | B | -0.22% | |
| WBX | F | -0.13% | |
| BLNK | F | -0.13% | |
| LEV | F | -0.12% | |
| PSNY | F | -0.1% | |
| MAXN | F | -0.06% |
ACES: Top Represented Industries & Keywords
QCLN: Top Represented Industries & Keywords
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