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Data as of .

ACES vs KGRN: which is really different?

ACES and KGRN hold 0% of their weight in the same names, and ACES returned more over the year.

ALPS Clean Energy ETF and KraneShares MSCI China Clean Technology Index ETF.

14.7%ACES in the S&P 500
0.0%KGRN in the S&P 500
−5.9%ACES total return, 1 year
−28.1%KGRN total return, 1 year

ETFIQ Off-Index Score: KGRN scores higher

How much of it is not the index it is sold as an alternative to?

ACES 51.7KGRN 91.80.1, the lowest in this set91.8, the highest

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

ACES85% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
15%85%in the S&P 500of its weight outside the S&P 500active share 98% · top ten 51% of the fund · 37 holdings filed May 31, 2026 · Nasdaq-100: 4% in15%85%inof its weight outside the S&P 500active share 98% · top ten 51% of the fund
KGRN100% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 57% of the fund · 51 holdings filed Sep 18, 2026 · Nasdaq-100: 0% in0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 57% of the fund

0% 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 KGRN hold 0% of their money in the same securities at the same weight.

Only in each
Only in ACESOnly in KGRN
Enphase Energy Inc 6.53%CGN POWER CO LTD-H 10.44%
First Solar Inc 6.25%CHINA YANGTZE POWER CO LTD-A 9.71%
Plug Power Inc 6.04%BYD CO LTD-H 8.07%
Nextpower Inc 5.93%CHINA NATIONAL NUCLEAR POW-A 4.96%
Ormat Technologies Inc 4.84%EB ENVIRONMENT 4.66%
Brookfield Renewable Partners Lp 4.68%CHINA LONGYUAN POWER GROUP-H 4.23%
Ha Sustainable Infrastructure Capital In 4.40%CONTEMPORARY AMPEREX TECHN-A 3.94%
Tesla Inc 4.24%SUNGROW POWER SUPPLY CO LT-A 3.84%

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

ACES and KGRN over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
ACESKGRNACESKGRNACESKGRN
3 months−21.4%−10.9%−23.6 pts−13.2 pts−18.9 pts−8.5 pts
6 months−10.0%−22.8%−28.0 pts−40.8 pts−34.2 pts−47.0 pts
1 year−5.9%−28.1%−22.4 pts−44.6 pts−27.6 pts−49.9 pts
3 years−25.4%−10.9%−103.8 pts−89.3 pts−123.6 pts−109.1 pts
Since launch+25.2%−1.8%−192.9 pts−245.0 pts−317.7 pts−417.3 pts
Open the live comparison on ETFIQ
ACES and KGRN on the same fields, as of Sep 18, 2026. Source: ETFIQ.
ACES
ALPS Clean Energy ETF
Holds 37 stocks in clean energy, 15% of its weight in S&P 500 companies
KGRN
KraneShares MSCI China Clean Technology Index ETF
Holds 51 stocks in clean energy, 0% of its weight in S&P 500 companies
IssuerALPSKraneShares
ThemeClean energyClean energy
In the S&P 50014.7%0.0%
Active share vs the S&P 50098.1%100.0%
In the Nasdaq-1004.2%0.0%
Holdings3751
Top ten, share of the fund51.3%57.1%
Expense ratio0.55%0.79%
Fee for the differing part0.56%0.79%
Total return, 1 year−5.9%−28.1%
vs the S&P 500−22.4 pts−44.6 pts
vs the Nasdaq-100−27.6 pts−49.9 pts
Below its high−69.6%−57.7%
Net assets$145m$47m

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.

KGRN in plain words

By weight, 0% of KGRN's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 57% of the fund across 51 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned −28.1% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 44.6 pts. It sits 57.7% below its all-time high of Feb 16, 2021.

Questions people ask

Do ACES and KGRN hold the same stocks?
By their latest filings, 0% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, ACES or KGRN?
ACES has 15% of its weight in S&P 500 names and KGRN has 0%, so KGRN differs more from the index.
Which is cheaper, ACES or KGRN?
ACES charges 0.55% a year and KGRN charges 0.79%, so ACES 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.

ACES against KGRN, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, ACES against KGRN, data as of Sep 18, 2026. https://etfiq.com/compare/themes/aces-vs-kgrn Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources