Data as of .
ACES vs CNRG: which is really different?
ACES and CNRG hold 32% of their weight in the same names, and CNRG returned more over the year.
ETFIQ Off-Index Score: ACES scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
32% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, ACES and CNRG hold 32% of their money in the same securities at the same weight.
| Holding | ACES | CNRG |
|---|---|---|
| First Solar Inc | 6.25% | 2.67% |
| Tesla Inc | 4.24% | 2.57% |
| Plug Power Inc | 6.04% | 2.49% |
| Nextpower Inc | 5.93% | 2.45% |
| Sunrun Inc | 4.18% | 2.43% |
| Ormat Technologies Inc | 4.84% | 2.42% |
| Enphase Energy Inc | 6.53% | 2.33% |
| Eos Energy Enterprises Inc | 3.10% | 2.22% |
| American Superconductor Corp | 2.58% | 2.21% |
| T1 Energy Inc | 1.95% | 1.84% |
| Ballard Power Systems Inc | 1.74% | 1.69% |
| Array Technologies Inc | 1.51% | 2.02% |
| Only in ACES | Only in CNRG |
|---|---|
| Brookfield Renewable Partners Lp 4.68% | ARCOSA INC 4.03% |
| Ha Sustainable Infrastructure Capital In 4.40% | BLOOM ENERGY CORP A 3.85% |
| Northland Power Inc 4.20% | FUELCELL ENERGY INC 3.79% |
| Albemarle Corp 4.17% | GE VERNOVA INC 3.69% |
| Rivian Automotive Inc 4.08% | CONSTELLATION ENERGY 3.57% |
| Clearway Energy Inc 3.79% | CIA ENERGETICA DE SPON ADR 3.55% |
| Itron Inc 3.48% | AES CORP 3.44% |
| Boralex Inc 3.00% | TRANSALTA CORP 3.35% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| ACES | CNRG | ACES | CNRG | ACES | CNRG | |
| 3 months | −21.4% | −22.7% | −23.6 pts | −24.9 pts | −18.9 pts | −20.2 pts |
| 6 months | −10.0% | −2.6% | −28.0 pts | −20.7 pts | −34.2 pts | −26.9 pts |
| 1 year | −5.9% | +9.6% | −22.4 pts | −6.9 pts | −27.6 pts | −12.1 pts |
| 3 years | −25.4% | +26.0% | −103.8 pts | −52.4 pts | −123.6 pts | −72.2 pts |
| Since launch | +25.2% | +226.7% | −192.9 pts | +12.7 pts | −317.7 pts | −111.2 pts |
| ACES ALPS Clean Energy ETF Holds 37 stocks in clean energy, 15% of its weight in S&P 500 companies | CNRG State Street(R) SPDR(R) S&P Kensho Clean Power ETF Holds 40 stocks in clean energy, 24% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | ALPS | State Street |
| Theme | Clean energy | Clean energy |
| In the S&P 500 | 14.7% | 24.5% |
| Active share vs the S&P 500 | 98.1% | 96.9% |
| In the Nasdaq-100 | 4.2% | 6.2% |
| Holdings | 37 | 40 |
| Top ten, share of the fund | 51.3% | 35.9% |
| Expense ratio | 0.55% | 0.45% |
| Fee for the differing part | 0.56% | 0.46% |
| Total return, 1 year | −5.9% | +9.6% |
| vs the S&P 500 | −22.4 pts | −6.9 pts |
| vs the Nasdaq-100 | −27.6 pts | −12.1 pts |
| Below its high | −69.6% | −36.3% |
| Net assets | $145m | $188m |
ACES in plain words
By weight, 15% of ACES's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 51% of the fund across 37 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned −5.9% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 22.4 pts. It sits 69.6% below its all-time high of Feb 9, 2021.
CNRG in plain words
By weight, 24% of CNRG's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 36% of the fund across 40 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +9.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 6.9 pts. It sits 36.3% below its all-time high of Feb 9, 2021.
Questions people ask
- Do ACES and CNRG hold the same stocks?
- By their latest filings, 32% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, ACES or CNRG?
- ACES has 15% of its weight in S&P 500 names and CNRG has 24%, so ACES differs more from the index.
- Which is cheaper, ACES or CNRG?
- ACES charges 0.55% a year and CNRG charges 0.45%, so CNRG is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, ACES against CNRG, data as of Sep 18, 2026. https://etfiq.com/compare/themes/aces-vs-cnrg Free to use with attribution; the underlying files are at Open data.