ACES vs. RNEW ETF Comparison
Comparison of ALPS Clean Energy ETF (ACES) to VanEck Green Infrastructure ETF (RNEW)
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
$26.84
Average Daily Volume
125,147
28
RNEW
VanEck Green Infrastructure ETF
RNEW Description
The fund normally invests at least 80% of its total assets in securities of Green Infrastructure Companies. The index is a U.S. index that tracks the performance of Green Infrastructure Companies. "Green Infrastructure Companies" are companies that seek to positively impact the environment through the production, transmission, or distribution of green energy and/or through the establishment of sustainable infrastructure to facilitate the use of green energy. The fund is non-diversified.Grade (RS Rating)
Last Trade
$25.29
Average Daily Volume
132
39
Performance
| Period | ACES | RNEW |
|---|---|---|
| 30 Days | -4.62% | 4.52% |
| 60 Days | -6.28% | 1.13% |
| 90 Days | -8.93% | -0.95% |
| 12 Months | -11.10% | 12.92% |
19 Overlapping Holdings
| Symbol | Grade | Weight in ACES | Weight in RNEW | Overlap | |
|---|---|---|---|---|---|
| AMRC | F | 1.03% | 0.52% | 0.52% | |
| ARRY | F | 1.16% | 0.53% | 0.53% | |
| CHPT | F | 0.54% | 0.27% | 0.27% | |
| CLNE | F | 0.59% | 0.36% | 0.36% | |
| CWEN | C | 2.64% | 1.21% | 1.21% | |
| ENPH | F | 2.74% | 2.39% | 2.39% | |
| FSLR | F | 4.32% | 3.26% | 3.26% | |
| GPRE | F | 0.85% | 0.38% | 0.38% | |
| ITRI | C | 6.19% | 2.99% | 2.99% | |
| LCID | F | 2.35% | 2.83% | 2.35% | |
| NEP | F | 1.81% | 0.85% | 0.85% | |
| NOVA | F | 0.5% | 0.23% | 0.23% | |
| ORA | B | 5.4% | 2.65% | 2.65% | |
| PLUG | F | 2.01% | 0.77% | 0.77% | |
| REX | D | 0.89% | 0.45% | 0.45% | |
| RIVN | F | 3.95% | 4.73% | 3.95% | |
| RUN | F | 2.56% | 1.19% | 1.19% | |
| SHLS | F | 1.0% | 0.52% | 0.52% | |
| TSLA | B | 7.71% | 9.97% | 7.71% |
ACES Underweight 20 Positions Relative to RNEW
ACES: Top Represented Industries & Keywords
RNEW: Top Represented Industries & Keywords
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