ACES vs. VCLN ETF Comparison

Comparison of ALPS Clean Energy ETF (ACES) to Virtus Duff & Phelps Clean Energy ETF (VCLN)

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

$27.23

Average Daily Volume

127,231

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VCLN

Virtus Duff & Phelps Clean Energy ETF

VCLN Description

The investment seeks capital appreciation. Under normal market conditions, the fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of clean energy companies. The sub-adviser defines clean energy companies as those that derive at least 50% of their value from one or more of the following clean energy businesses: (a) the production of clean energy; (b) the provision of clean energy technology and equipment; or (c) the transmission and distribution of clean energy. It is non-diversified.

Grade (RS Rating)

Last Trade

$17.87

Average Daily Volume

642

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ACES	VCLN
30 Days	-0.58%	-1.81%
60 Days	-5.68%	-8.86%
90 Days	-7.61%	-5.95%
12 Months	-9.81%	7.72%

6 Overlapping Holdings

Symbol	Grade	Weight in ACES	Weight in VCLN	Overlap
CWEN	C	2.81%	2.56%	2.56%
ENPH	F	2.9%	3.94%	2.9%
FLNC	C	1.61%	1.63%	1.61%
FSLR	F	4.33%	7.72%	4.33%
PLUG	F	2.02%	0.52%	0.52%
RUN	F	2.7%	0.92%	0.92%

ACES Overweight 22 Positions Relative to VCLN

Symbol	Grade	Weight
TSLA	B	8.0%
ALB	C	7.04%
ITRI	B	5.96%
DAR	C	5.56%
ORA	B	5.46%
HASI	D	4.02%
RIVN	F	3.76%
LCID	F	2.27%
ANDE	D	1.88%
NEP	F	1.86%
AMSC	B	1.53%
ASPN	F	1.28%
ARRY	C	1.12%
AMRC	F	1.02%
WOLF	F	0.99%
SHLS	F	0.91%
REX	D	0.86%
GPRE	F	0.85%
EOSE	D	0.65%
NOVA	F	0.65%
CLNE	D	0.55%
CHPT	F	0.54%

ACES Underweight 14 Positions Relative to VCLN

Symbol	Grade	Weight
NEE	D	-2.47%
BE	B	-2.28%
DTM	B	-2.1%
XYL	D	-1.75%
GEV	B	-1.75%
SO	D	-1.71%
AGX	B	-1.66%
ABBV	D	-1.55%
AES	F	-1.33%
MP	B	-1.33%
LNG	B	-1.06%
NVT	B	-0.91%
CEG	D	-0.89%
HUBB	B	-0.86%