LITP vs. ACES ETF Comparison
Comparison of Sprott Lithium Miners ETF (LITP) to ALPS Clean Energy ETF (ACES)
LITP
Sprott Lithium Miners ETF
LITP Description
The fund will, under normal circumstances, invest at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that derive at least 50% of their revenue and/or assets from mining, exploration, development, or production of lithium. The index generally consists of from 40 to 50 constituents. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$8.30
Average Daily Volume
14,723
Number of Holdings
*
5
* may have additional holdings in another (foreign) market
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
$26.37
Average Daily Volume
113,931
Number of Holdings
*
28
* may have additional holdings in another (foreign) market
Performance
Period | LITP | ACES |
---|---|---|
30 Days | -4.60% | -9.44% |
60 Days | 18.57% | -7.23% |
90 Days | 18.74% | -6.18% |
12 Months | -25.61% | -13.09% |
1 Overlapping Holdings
Symbol | Grade | Weight in LITP | Weight in ACES | Overlap | |
---|---|---|---|---|---|
ALB | C | 9.81% | 6.6% | 6.6% |
LITP Underweight 27 Positions Relative to ACES
Symbol | Grade | Weight | |
---|---|---|---|
TSLA | B | -7.71% | |
ITRI | B | -6.19% | |
DAR | B | -5.74% | |
ORA | B | -5.4% | |
FSLR | F | -4.32% | |
RIVN | F | -3.95% | |
HASI | F | -3.76% | |
ENPH | F | -2.74% | |
CWEN | D | -2.64% | |
RUN | F | -2.56% | |
LCID | F | -2.35% | |
PLUG | D | -2.01% | |
ANDE | C | -1.85% | |
NEP | F | -1.81% | |
AMSC | C | -1.62% | |
FLNC | D | -1.55% | |
ASPN | F | -1.44% | |
WOLF | F | -1.28% | |
ARRY | C | -1.16% | |
AMRC | F | -1.03% | |
SHLS | F | -1.0% | |
REX | C | -0.89% | |
GPRE | F | -0.85% | |
EOSE | D | -0.61% | |
CLNE | D | -0.59% | |
CHPT | F | -0.54% | |
NOVA | F | -0.5% |
LITP: Top Represented Industries & Keywords
ACES: Top Represented Industries & Keywords
Industries:
Solar
Auto Manufacturers
Electronic Components
Specialty Chemicals
Utilities - Independent Power Producers
Building Materials
Chemicals
Conglomerates
Engineering & Construction
Food Distribution
Oil & Gas Refining & Marketing
REIT - Diversified
Scientific & Technical Instruments
Semiconductor Equipment & Materials
Semiconductors
Utilities - Regulated Electric
Utilities - Renewable
Waste Management