ALPS Clean Energy ETF (ACES) is an exchange-traded fund that provides investors with targeted exposure to the clean energy sector by tracking the CIBC Atlas Clean Energy Index (NACEX). Launched in June 2018 and managed passively by SS&C ALPS Advisors, Inc., a wholly-owned subsidiary of SS&C Technologies Holdings, Inc. headquartered in Denver, Colorado, the ETF holds a diversified portfolio of approximately 35 equities focused on renewables, clean technologies, solar, wind, energy storage, electric vehicles, and related enabling products and services; top holdings as of late 2025 include Eos Energy Enterprises (5.60%), Tesla (5.36%), Nextracker (5.34%), Ormat Technologies (4.89%), and Brookfield Renewable Partners (4.87%). The fund primarily invests in US- and Canadian-listed companies, with geographic exposure spanning North America and select international clean energy firms, targeting institutional and retail investors seeking sustainable energy themes amid global transitions to lower-carbon economies.
In recent developments, ACES has navigated sector volatility influenced by political uncertainties and high financing costs in 2025, underperforming benchmarks like the WilderHill Clean Energy Index amid policy shifts under President Trump's administration, yet benefiting from optimistic signals in clean energy policy announcements. SS&C ALPS Advisors, the fund's investment adviser, has pursued strategic expansions including a November 2025 partnership with TIFIN Give to launch a white-label donor-advised fund platform and an October 2025 overhaul of the related ALPS | O'Shares Europe Quality Dividend ETF, rebranding it as the ALPS | O'Shares International Developed Quality Dividend ETF (OEFA) with a broadened index and investment strategy. These initiatives reflect ongoing product innovation and alliances, building on prior integrations such as the 2024 alignment with O’Shares ETFs and partnerships with CoreCommodity Management and Smith Capital Investors.