ACES vs KRBN

Comparison between ALPS CLEAN ENERGY ETF (ACES, ETF) and KRANESHARES GLOBAL CARBON STRATEGY ETF (KRBN, ETF).

5-Year PerformanceKRBN has outperformed ACES, delivering a return of +6.2% compared to -11.8%

ACES vs KRBN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ACES(ETF)	KRBN(ETF)
Net Assets	$145M	$146M
Expense Ratio	0.55%	0.90%
Max Drawdown	79.86%	53.83%
Sharpe Ratio	1.13	0.48
5Y Beta	1.23	0.19
P/E Ratio	-19.94	N/A
Forward P/E	19.71	N/A
5Y Dividends CAGR	-13.71%	N/A
5Y EPS CAGR	8.87%	N/A
Debt to Equity	36.74%	N/A
P/S Ratio	2.13	N/A
P/B Ratio	2.65	N/A

Net Assets

ACES

$145M

Winner

KRBN

$146M

Expense Ratio

Winner

ACES

0.55%

KRBN

0.90%

Max Drawdown

ACES

79.86%

Winner

KRBN

53.83%

Sharpe Ratio

Winner

ACES

1.13

KRBN

0.48

5Y Beta

ACES

1.23

Winner

KRBN

0.19

P/E Ratio

ACES

-19.94

KRBN

N/A

Forward P/E

ACES

19.71

KRBN

N/A

5Y Dividends CAGR

ACES

-13.71%

KRBN

N/A

5Y EPS CAGR

ACES

8.87%

KRBN

N/A

Debt to Equity

ACES

36.74%

KRBN

N/A

P/S Ratio

ACES

2.13

KRBN

N/A

P/B Ratio

ACES

2.65

KRBN

N/A

ACES vs KRBN - Holdings Comparison

ACES and KRBN have 0 common holdings. Overlap is 0.00%

ACES's top 25 holdings weight is 90.66%. KRBN's top 25 holdings weight is 60.25%.

Rank	ACES	KRBN
#1	ENPHASE ENERGY INC (ENPH) - 6.82%	KRANESHARES SUST ULTRA SHRT DUR IDX ETF (KCSH) - 56.32%
#2	PLUG POWER INC (PLUG) - 6.43%	STATE STREET INSTL US GOVT MMKT PREMIER (GVMXX) - 3.93%
#3	FIRST SOLAR INC (FSLR) - 5.66%	N/A
#4	NEXTPOWER INC CLASS A (NXT) - 5.23%	N/A
#5	ORMAT TECHNOLOGIES INC (ORA) - 5.01%	N/A
#6	BROOKFIELD RENEWABLE PARTNERS LP (n/a) - 4.70%	N/A
#7	HA SUSTAINABLE INFRASTRUCTURE CAPITAL INC (HASI) - 4.55%	N/A
#8	TESLA INC (TSLA) - 4.35%	N/A
#9	NORTHLAND POWER INC (NPIFF) - 4.29%	N/A
#10	ALBEMARLE CORP (ALB) - 4.27%	N/A
#11	SUNRUN INC (RUN) - 3.87%	N/A
#12	CLEARWAY ENERGY INC CLASS C (CWEN) - 3.78%	N/A
#13	RIVIAN AUTOMOTIVE INC CLASS A (RIVN) - 3.74%	N/A
#14	ITRON INC (ITRI) - 3.65%	N/A
#15	EOS ENERGY ENTERPRISES INC ORDINARY SHARES CLASS A (EOSE) - 3.22%	N/A
#16	BORALEX INC CLASS A (n/a) - 3.05%	N/A
#17	AMERICAN SUPERCONDUCTOR CORP (AMSC) - 2.71%	N/A
#18	ANDERSONS INC (ANDE) - 2.58%	N/A
#19	SHOALS TECHNOLOGIES GROUP INC ORDINARY SHARES CLASS A (SHLS) - 2.23%	N/A
#20	AMPRIUS TECHNOLOGIES INC (AMPX) - 2.09%	N/A
#21	T1 ENERGY INC (TE) - 2.06%	N/A
#22	BALLARD POWER SYSTEMS INC (BLDP) - 1.71%	N/A
#23	REX AMERICAN RESOURCES CORP (REX) - 1.57%	N/A
#24	FLUENCE ENERGY INC CLASS A (FLNC) - 1.56%	N/A
#25	ARRAY TECHNOLOGIES INC ORDINARY SHARES (ARRY) - 1.53%	N/A
Total Holdings	39	2

ACES vs KRBN - Historical Returns

Returns include dividend reinvestment.

Period	ACES	KRBN
1 month	-1.13%	+2.33%
3 months	+11.31%	+15.82%
6 months	+11.08%	-5.72%
1 year	+45.63%	+8.20%
5 years(CAGR)	-11.77%	+6.25%
Max(CAGR)	+6.00%	+15.70%

ACES

-1.13%

Winner

KRBN

+2.33%

ACES

+11.31%

Winner

KRBN

+15.82%

Winner

ACES

+11.08%

KRBN

-5.72%

Winner

ACES

+45.63%

KRBN

+8.20%

5Y(CAGR)

ACES

-11.77%

Winner

KRBN

+6.25%

Max(CAGR)

ACES

+6.00%

Winner

KRBN

+15.70%

ACES vs KRBN - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	ACES	KRBN
2026	+9.02%	-9.09%
2025	+22.28%	+22.00%
2024	-25.86%	-10.15%
2023	-18.07%	+8.14%
2022	-29.90%	-15.02%
2021	-19.26%	+101.38%
2020	+136.96%	+22.60%
2019	+51.11%	N/A
2018	-9.63%	N/A

ACES vs KRBN Drawdown Comparison

The maximum drawdown for ACES was -79.05%, occurring on Apr 8, 2025. This drawdown has not yet recovered.

The maximum drawdown for KRBN was -36.42%, occurring on Mar 7, 2022. This drawdown has not yet recovered.

The current ACES drawdown is -61.43%. The current KRBN drawdown is -16.00%.

Rank	ACES	KRBN
#1	-79.05% Feb 9, 2021 - Apr 8, 2025	-36.42% Feb 4, 2022 - Mar 7, 2022
#2	-43.70% Feb 19, 2020 - Jul 14, 2020	-16.66% Sep 14, 2020 - Dec 2, 2020
#3	-20.32% Aug 27, 2018 - Feb 22, 2019	-14.19% Dec 8, 2021 - Feb 2, 2022
#4	-10.14% Oct 9, 2020 - Nov 9, 2020	-10.67% May 14, 2021 - Jun 30, 2021
#5	-9.97% Sep 1, 2020 - Sep 29, 2020	-10.09% Jul 1, 2021 - Aug 11, 2021
#6	-6.81% Jan 22, 2021 - Feb 8, 2021	-10.05% Oct 5, 2021 - Nov 10, 2021
#7	-6.34% Sep 23, 2019 - Nov 25, 2019	-8.38% Jan 7, 2021 - Feb 3, 2021
#8	-6.20% May 7, 2019 - Jun 18, 2019	-6.67% Aug 16, 2021 - Aug 27, 2021
#9	-5.29% Jan 13, 2021 - Jan 21, 2021	-6.18% Aug 28, 2020 - Sep 14, 2020
#10	-4.62% Nov 27, 2020 - Dec 8, 2020	-6.12% Mar 17, 2021 - Apr 12, 2021
#11	-4.44% Aug 8, 2019 - Sep 17, 2019	-5.30% Feb 12, 2021 - Mar 10, 2021
#12	-3.89% Aug 1, 2019 - Aug 8, 2019	-3.72% Sep 8, 2021 - Sep 24, 2021
#13	-3.70% Dec 8, 2020 - Dec 15, 2020	-3.65% Aug 5, 2020 - Aug 24, 2020
#14	-3.19% Jul 10, 2018 - Aug 6, 2018	-3.40% Aug 11, 2021 - Aug 16, 2021
#15	-3.12% Dec 24, 2020 - Dec 31, 2020	-3.24% Dec 15, 2020 - Dec 24, 2020

Correlation

Correlation between ACES and KRBN is -0.40 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.40

-101