ACES vs. FRNW ETF Comparison

Comparison of ALPS Clean Energy ETF (ACES) to Fidelity Clean Energy ETF (FRNW)

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

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FRNW

Fidelity Clean Energy ETF

FRNW Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Clean Energy Index. Normally investing at least 80% of assets in securities included in the Fidelity Clean Energy Index and in depositary receipts representing securities included in the index. The Fidelity Clean Energy Index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum that distribute, produce or provide technology or equipment to support the production of energy from solar, wind, hydrogen and other renewable sources

Grade (RS Rating)

Last Trade

$14.04

Average Daily Volume

8,071

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ACES	FRNW
30 Days	-4.62%	-4.63%
60 Days	-6.28%	-9.73%
90 Days	-8.93%	-7.76%
12 Months	-11.10%	-5.75%

11 Overlapping Holdings

Symbol	Grade	Weight in ACES	Weight in FRNW	Overlap
AMRC	F	1.03%	1.37%	1.03%
ARRY	F	1.16%	1.64%	1.16%
CWEN	C	2.64%	2.08%	2.08%
ENPH	F	2.74%	2.19%	2.19%
FSLR	F	4.32%	3.95%	3.95%
ITRI	C	6.19%	3.28%	3.28%
NOVA	F	0.5%	0.53%	0.5%
ORA	B	5.4%	2.79%	2.79%
PLUG	F	2.01%	2.05%	2.01%
RUN	F	2.56%	1.42%	1.42%
SHLS	F	1.0%	1.45%	1.0%

ACES Overweight 17 Positions Relative to FRNW

Symbol	Grade	Weight
TSLA	B	7.71%
ALB	B	6.6%
DAR	C	5.74%
RIVN	F	3.95%
HASI	D	3.76%
LCID	F	2.35%
ANDE	D	1.85%
NEP	F	1.81%
AMSC	B	1.62%
FLNC	D	1.55%
ASPN	F	1.44%
WOLF	F	1.28%
REX	D	0.89%
GPRE	F	0.85%
EOSE	D	0.61%
CLNE	F	0.59%
CHPT	F	0.54%

ACES Underweight 8 Positions Relative to FRNW

Symbol	Grade	Weight
GEV	B	-8.36%
BE	B	-2.69%
AY	A	-1.89%
JKS	F	-1.8%
CSIQ	F	-1.36%
RNW	D	-1.15%
SEDG	F	-1.02%
RENB	F	-0.85%