ACES vs. RAYS ETF Comparison

Comparison of ALPS Clean Energy ETF (ACES) to Global X Solar ETF (RAYS)

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

$28.93

Average Daily Volume

125,825

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RAYS

Global X Solar ETF

RAYS Description

The Global X Solar ETF seeks to invest in companies positioned to benefit from the advancement of the global solar technology industry. This includes companies involved in solar power production; the integration of solar into energy systems; and the development/manufacturing of solar-powered generators, engines, batteries, and other technologies related to the utilization of solar as an energy source.

Grade (RS Rating)

Last Trade

$11.40

Average Daily Volume

5,410

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ACES	RAYS
30 Days	0.17%	-2.98%
60 Days	-2.49%	-2.02%
90 Days	-4.40%	7.19%
12 Months	-27.40%	-38.24%

8 Overlapping Holdings

Symbol	Grade	Weight in ACES	Weight in RAYS	Overlap
AMPS	F	0.24%	0.41%	0.24%
ARRY	D	2.22%	2.57%	2.22%
ENPH	F	4.87%	10.3%	4.87%
FSLR	B	6.38%	10.2%	6.38%
NOVA	F	0.53%	0.44%	0.44%
RUN	D	2.73%	2.41%	2.41%
SHLS	F	1.78%	1.7%	1.7%
SPWR	F	0.21%	0.22%	0.21%

ACES Overweight 24 Positions Relative to RAYS

Symbol	Grade	Weight
DAR	F	5.77%
ITRI	A	5.38%
TSLA	D	4.69%
ALB	D	4.62%
RIVN	F	4.5%
WOLF	F	4.08%
ORA	C	4.06%
HASI	C	3.61%
NEP	C	3.36%
LCID	D	2.72%
CWEN	B	2.35%
ANDE	B	2.27%
PLUG	F	2.03%
GPRE	F	1.67%
FLNC	B	1.28%
REX	B	1.09%
NKLA	F	1.02%
AMRC	C	0.85%
CHPT	F	0.61%
AMSC	C	0.52%
CLNE	F	0.51%
STEM	F	0.34%
PLL	D	0.27%
GEVO	F	0.19%

ACES Underweight 4 Positions Relative to RAYS

Symbol	Grade	Weight
SEDG	F	-3.74%
AY	B	-1.71%
CSIQ	F	-1.04%
MAXN	F	-0.12%