ETF Copilot
Clean Energy

Is ACES a good investment?

Updated October 9, 2026

ALPS Clean Energy ETF (ACES) is a clean-energy ETF. As of October 9, 2026, ETF Copilot scores ACES 3.6 out of 10 — highest on Growth (8.3), lowest on Return (0.1). It trades at 19.8 times earnings, against its own median of 22.6. Its ten largest holdings are 52% of the fund.

What stands out in ACES's data

Holds U.S. and Canadian clean energy firms focused on sustainable tech innovation.

Its valuation is in line with the clean energy group — no premium for the theme.

Trailing EBITDA multiple of 11.7x sits near the peer median of 11.7x. Top holdings concentration is 51.7%.

Provides a concentrated clean energy exposure for a portfolio seeking innovation-focused sustainable technology companies.

Why did ACES move this week? It fell 2.0% in the week to October 9, 2026 — Plug Power and EOS Energy Enterprises drove it

ACES fell 2.0% in the week to October 9, 2026. The holdings that moved it most were Plug Power (−11.6%), EOS Energy Enterprises (−21.5%) and Darling Ingredients (−4.3%); Brookfield Renewable Partner (+4.2%) pushed the other way.

How is ACES rated? ETF Copilot scores ALPS Clean Energy ETF (ACES) 3.6 out of 10

As of October 9, 2026, ETF Copilot scores ALPS Clean Energy ETF (ACES) 3.6 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

  • Overall: 3.6 / 10
  • Growth: 8.3 / 10
  • Value: 8.1 / 10
  • Risk: 0.4 / 10
  • Quality: 0.7 / 10
  • Return: 0.1 / 10

Is ACES expensive right now? It trades at 19.8 times earnings, against its own median of 22.6

As of October 9, 2026, ACES is cheaper than 73% of its own 73 monthly readings since 2018 — 20 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside ACES? 10% Tech

What's inside ACES: Size (Large 5%, Mid 36%, Small 59%); Geography (International 12%, US 88%); Tech 10.4%; Magnificent 7 5.4%.

What are ACES's top holdings? The ten largest are 52% of the fund

Northland Power, Nextpower, Tesla, Clearway Energy, Darling Ingredients, Brookfield Renewable Partners, Hannon Armstrong Sustainable, Enphase Energy, Rivian Automotive and Itron are ACES's largest holdings, in that order.

Less concentrated than 59% of Clean Energy ETFs.

Half of ACES's weight sits in its 10 largest positions, and once those weights are taken into account it behaves like 25 equally weighted holdings.

What is ACES's expense ratio? 0.55% a year

As of October 9, 2026, ACES charges 0.55% a year, yields 0.67% and holds $98M in assets across 39 positions.

ALPS Clean Energy ETF (ACES) — cost, income and size
MeasureACES
Expense ratio0.55%
Dividend yield0.67%
Assets under management$98M
Holdings39

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Cite this

ETF Copilot, “ALPS Clean Energy ETF (ACES) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/aces

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