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ACES vs CNEQ

ALPS Clean Energy ETF vs Alger Concentrated Equity ETF

ACES

ALPS Clean Energy ETF

ALPS

Annual cost

0.55%

Fund size

$127M

CNEQ

Alger Concentrated Equity ETF

Alger

Annual cost

0.56%

Fund size

$503M

Key differences

  • CNEQ is significantly larger than ACES — larger funds tend to be more liquid and less likely to close.
  • ACES follows a index tracking strategy; CNEQ uses active selection.
  • ACES has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ACESCNEQ
Annual cost (TER)0.55%0.56%
Fund size (AUM)$127M$503M
Since20182024
Dividend yield0.64%0.50%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+55.8%+51.1%
CAGR 3Y-2.1%N/A
CAGR 5Y-8.4%N/A
Sharpe 3Y0.00N/A
Volatility 1Y32.30%22.53%
Max drawdown-79.05%-27.58%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to ACES and CNEQ