The Message Is Clear: Green Energy ETFs Have Never Been Hotter
No securities move up in linear fashion, but the
ALPS Clean Energy ETF (ACES) is primed for even more long-term upside as renewable energy investments ramp up.
ACES follows the CIBC Atlas Clean Energy Index. That benchmark is comprised of U.S.- and Canada-based companies that primarily operate in the clean energy sector. Constituents are companies focused on renewables and other clean technologies that enable the evolution of a more sustainable energy sector.
Setting the stage for ACES are expectations that in the coming decades, renewables will account for more power generation than fossil fuels.
Green Energy for Green Pockets: The ALPS ACES ETF
Renewable energy exchange traded funds like the
ALPS Clean Energy ETF (ACES) are among the best-performing non-leveraged ETFs since 2020. Now, some ACES components are capitalizing on stock surges, issuing equity at or near record highs.
ACES follows the CIBC Atlas Clean Energy Index. That benchmark is comprised of U.S.- and Canada-based companies that primarily operate in the clean energy sector. Constituents are companies focused on renewables and other clean technologies that enable the evolution of a more sustainable energy sector.
Some ACES holdings are “among those that have taken advantage of Wall Street’s appetite for all things renewable to raise $4.4 billion in stock offerings in January, setting a monthly record, according to data compiled by Bloomberg. It’s the third consecutive monthly record after solar, hydrogen and other clean-tech companies raised $1.76 billion in December and $1.15 billion in Novemb
The ACES ETF: On the Right Side of Renewable Energy History January 26, 2021
Owing to its relative youth, the renewable energy industry often hits an array of milestones, which is proving rewarding for exchange traded funds such as the
ACES follows the CIBC Atlas Clean Energy Index. That benchmark is comprised of U.S.- and Canada-based companies that primarily operate in the clean energy sector. Constituents are companies focused on renewables and other clean technologies that enable the evolution of a more sustainable energy sector.
Another milestone was reached last year when Europe generated more electricity from renewables than fossil fuel for the first time on record.
Already up 21.60% to start 2021, the
ALPS Clean Energy ETF (ACES) is on a torrid pace. Some market observers argue that there’s even more than meets the eye in the renewable energy realm.
ACES follows the CIBC Atlas Clean Energy Index. That benchmark is comprised of U.S.- and Canada-based companies that primarily operate in the clean energy sector. Constituents are companies focused on renewables and other clean technologies that enable the evolution of a more sustainable energy sector.
“Global investment in wind and solar power, biofuels, biomass and waste, small hydropower the main technologies behind clean electricity has expanded by nearly an order of magnitude since BloombergNEF first started tracking this data,” reports Nathaniel Bullard for