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CNEQ vs ACES

Alger Concentrated Equity ETF vs ALPS Clean Energy ETF

CNEQ

Alger Concentrated Equity ETF

Alger

Annual cost

0.56%

Fund size

$503M

ACES

ALPS Clean Energy ETF

ALPS

Annual cost

0.55%

Fund size

$127M

Key differences

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

Side-by-side comparison

CNEQACES
Annual cost (TER)0.56%0.55%
Fund size (AUM)$503M$127M
Since20242018
Dividend yield0.50%0.64%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+51.1%+55.8%
CAGR 3YN/A-2.1%
CAGR 5YN/A-8.4%
Sharpe 3YN/A0.00
Volatility 1Y22.53%32.30%
Max drawdown-27.58%-79.05%

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

Similar to CNEQ and ACES