AMAX vs. ACES ETF Comparison
Comparison of RH Hedged Multi-Asset Income ETF (AMAX) to ALPS Clean Energy ETF (ACES)
AMAX
RH Hedged Multi-Asset Income ETF
AMAX Description
RH Hedged Multi-Asset Income ETF seeks total return through a combination of capital appreciation and current income. The Fund invests primarily in fixed income securities and the Fund may also invest in mortgage-related high-yield instruments rated below investment grade (commonly referred to as junk bonds) with up to 15% of the Fund's assets.
Grade (RS Rating)
Last Trade
$7.98
Average Daily Volume
10,385
Number of Holdings
*
8
* 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
$26.56
Average Daily Volume
126,476
Number of Holdings
*
28
* may have additional holdings in another (foreign) market
Performance
Period | AMAX | ACES |
---|---|---|
30 Days | -1.07% | -6.81% |
60 Days | 0.02% | -7.26% |
90 Days | 0.61% | -7.12% |
12 Months | 15.24% | -14.15% |
0 Overlapping Holdings
Symbol | Grade | Weight in AMAX | Weight in ACES | Overlap |
---|
AMAX Underweight 28 Positions Relative to ACES
Symbol | Grade | Weight | |
---|---|---|---|
TSLA | A | -7.71% | |
ALB | B | -6.6% | |
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 | C | -2.64% | |
RUN | F | -2.56% | |
LCID | F | -2.35% | |
PLUG | F | -2.01% | |
ANDE | F | -1.85% | |
NEP | F | -1.81% | |
AMSC | C | -1.62% | |
FLNC | C | -1.55% | |
ASPN | F | -1.44% | |
WOLF | F | -1.28% | |
ARRY | F | -1.16% | |
AMRC | F | -1.03% | |
SHLS | F | -1.0% | |
REX | D | -0.89% | |
GPRE | F | -0.85% | |
EOSE | D | -0.61% | |
CLNE | F | -0.59% | |
CHPT | F | -0.54% | |
NOVA | F | -0.5% |
AMAX: Top Represented Industries & Keywords
Industries:
Keywords:
Investment Strategy
ETF
Exchange Traded Fund
Exchange Traded Funds
Brent Crude
Contract Law
Crude Oil
Energy Economics
Forward Contract
Heating Oil
Invesco Powershares
Investment Management
Microeconomics
Nasdaq 100
Nasdaq 100 Index
Nasdaq Composite Index
Natural Gas
Options
Petroleum
Stock Market Index
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