ALPS Clean Energy ETF (ACES)
| Assets | $1.00B |
| NAV | $72.60 |
| Expense Ratio | 0.55% |
| PE Ratio | 31.27 |
| Shares Out | 13.78M |
| Dividend (ttm) | $0.42 |
| Dividend Yield | 0.58% |
| Ex-Dividend Date | Sep 23, 2021 |
| 1-Year Return | - |
| Volume | 67,604 |
| Open | 72.60 |
| Previous Close | 72.53 |
| Day's Range | 71.06 - 72.60 |
| 52-Week Low | 53.96 |
| 52-Week High | 101.24 |
| Beta | 1.24 |
| Holdings | 41 |
| Inception Date | Jun 29, 2018 |
About ACES
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.
Top 10 Holdings
50.22% of assets| Name | Symbol | Weight |
|---|---|---|
| Plug Power | PLUG | 6.17% |
| Tesla | TSLA | 5.90% |
| SunRun | RUN | 5.63% |
| First Solar | FSLR | 5.47% |
| Enphase Energy | ENPH | 5.00% |
| NextEra Energy Partners | NEP | 4.91% |
| Northland Power Inc. | N/A | 4.70% |
| Brookfield Renewable Partners LP | N/A | 4.41% |
| Hannon Armstrong | HASI | 4.37% |
| Ballard Power Systems Inc. | BLDP.TO | 3.66% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 23, 2021 | $0.114 | Sep 30, 2021 |
| Jun 17, 2021 | $0.17461 | Jun 24, 2021 |
| Mar 18, 2021 | $0.04776 | Mar 25, 2021 |
| Dec 22, 2020 | $0.08064 | Dec 30, 2020 |
| Sep 17, 2020 | $0.09751 | Sep 24, 2020 |
| Jun 18, 2020 | $0.11544 | Jun 25, 2020 |
News
Don't Be Myopic With Renewable Energy ETFs
Yes, the performances being turned by renewable energy exchange traded funds this year are disappointing, but investors might do well to take a long-term view of assets such as the ALPS Clean Energy ETF...
ACES Could Pop Thanks to These Holdings
Renewable energy stocks and the related exchange traded funds are sagging this year, but analysts aren't abandoning select names in the group. That means that there could be some silver lining and a buy...
This Statistic Confirms Bright Future for Renewable Energy
Renewable energy stocks and related exchange traded funds are encountering some headwinds this year as ebullience from the 2020 election cycle has long since worn off. Further hindering these assets is ...
Massive Funding Needed to Advance Climate Change Agendas
Climate-driven agendas are increasingly common for institutional investors, including endowments and pension plans. In fact, these investors aren't just talking the climate-aware talk.
It Pays to Be Proactive With Climate Change Plans
Renewable energy exchange traded funds, including the ALPS Clean Energy ETF (ACES), are increasingly relevant ideas for investors. Sure, the climate change conversation is driving interest in funds such...
Politics Could Again Power ACES
By now, many investors know the tale of the tape over the last 15 months or so for renewable energy exchange traded funds, including the ALPS Clean Energy ETF (ACES). Last summer, ACES and friends start...
Cost-Benefit Analysis Highly Favorable for Renewable Energy
When it comes to deploying and investing in renewable energy, market participants frequently hear about costs. As in, the point at which the costs of installing solar and wind systems will decline to th...
Renewable Energy Spending Sizzles in First Half of 2021
Renewable energy funds like the ALPS Clean Energy ETF (ACES) may have stumbled in the first six months of 2021, but those sticking these products could be rewarded for their patience. The reason is simple.
ACES Solar Components Face Earnings Tests
The ALPS Clean Energy ETF (ACES) and other renewable energy funds languished in the first half of this year, but there are near-term catalysts that could breathe new life into this previously beloved co...
Don't Ignore Clean Energy's Regulatory Environment
For all the political implications that come along with renewable energy exchange traded funds such as the ALPS Clean Energy ETF (ACES), investors should not gloss over the current regulatory environmen...
How Does New Budget Proposal Affect Clean Energy ETFs?
Renewable energy exchange traded funds, including the ALPS Clean Energy ETF (ACES), could soon re-enter the limelight thanks to the familiar catalyst of domestic politics. Earlier this week, Senate Demo...
Time for Clean Energy ETFs?
Ownership of renewable energy stocks is extremely crowded in recent times and is likely to remain hot in the coming days as well.
Scorching Summer Set to Put Solar Stocks in the Limelight
Helped by a rebound in growth stocks, the ALPS Clean Energy ETF (ACES) jumped 3.72% last week. Yet there's more to the ACES story.
When It Comes to Clean Energy, California Is King
Broad-based renewable energy exchange traded funds, such as the ALPS Clean Energy ETF (ACES), are moved by a variety of industries and geographies. On the geographic note, the renewable energy investmen...
The Changing World of Renewable Energy Costs
One of the most frequently referenced issues in the renewable energy conversation is costs. When will wind, solar, and other renewables producers bring prices down to a point that they are competitive w...
Sunny Predictions from Goldman Sachs Bolstering This Solar ETF
In a world of thematic clean energy funds, the ALPS Clean Energy ETF (ACES) is a rare example of a diversified clean energy fund. The $924.63 million ACES, which turns three years old next week, doesn't...
Biden Interior's Budget May Hint at Renewable Energy Spending
The ALPS Clean Energy ETF (ACES) closed slightly lower last week, which may be a sign some market participants are overlooking a political catalyst for the well-known renewable energy exchange traded fu...
Climate Change May Be Ominous, but This ETF Can Help
When it comes to the long-ranging rationale for energy ETFs like the ALPS Clean Energy ETF (ACES), climate change is by far the biggest issue. ACES components, be they providers of wind and solar power ...
Can ACES Capitalize on the Energy Sector's ‘New Normal'?
The complexion of the world's energy mix is changing. Doors are opening for renewables, while many power providers are tiring of dirty sources like coal.
US Renewables Are Closing In on Coal
Like any other industry, energy has a new and old guard. Today, those factions are competing on pricing.
Solar ETFs Crash: What Lies Ahead for the Clean Energy Space?
Solar ETF crashed on May 4, 2021 as rising cost pressures and supply chain issues are likely to hit margins of the sector players. With the long-term outlook being bullish, gutsy investors consider any ...
While Congress Deals, Renewables Investors Hold These ACES
Many renewable energy investors are hoping that President Biden's clean energy plans come to fruition. Investors holding the ALPS Clean Energy ETF (ACES) are among them.
Biden's Big on Renewables. So Is the ACES ETF
President Biden's first address before a joint session of Congress reflected his dedication to the renewable energy theme. Resulting policy could be positive for the ALPS Clean Energy ETF (ACES).
Real Economic Competition Is Coming to the Clean Energy Space
Among the marquee longer-ranging issues for renewable energy assets like the ALPS Clean Energy ETF (ACES) are declining costs and economic competitiveness. The first box is being checked, leading to inc...