ACES vs SOLT

Comparison between ALPS CLEAN ENERGY ETF (ACES, ETF) and 2x Solana ETF (SOLT, ETF).

ACES vs SOLT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ACES(ETF)	SOLT(ETF)
Net Assets	$145M	$145M
Expense Ratio	0.55%	N/A
Max Drawdown	79.86%	96.32%
Sharpe Ratio	1.14	-1.03
5Y Beta	1.23	3.51
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

Winner

ACES

$145M

SOLT

$145M

Expense Ratio

ACES

0.55%

SOLT

N/A

Max Drawdown

Winner

ACES

79.86%

SOLT

96.32%

Sharpe Ratio

Winner

ACES

1.14

SOLT

-1.03

5Y Beta

Winner

ACES

1.23

SOLT

3.51

P/E Ratio

ACES

-19.94

SOLT

N/A

Forward P/E

ACES

19.71

SOLT

N/A

5Y Dividends CAGR

ACES

-13.71%

SOLT

N/A

5Y EPS CAGR

ACES

8.87%

SOLT

N/A

Debt to Equity

ACES

36.74%

SOLT

N/A

P/S Ratio

ACES

2.13

SOLT

N/A

P/B Ratio

ACES

2.65

SOLT

N/A

ACES vs SOLT - Holdings Comparison

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

ACES's top 25 holdings weight is 90.66%. SOLT's top 25 holdings weight is 3.36%.

Rank	ACES	SOLT
#1	ENPHASE ENERGY INC (ENPH) - 6.82%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 3.36%
#2	PLUG POWER INC (PLUG) - 6.43%	N/A
#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	1

ACES vs SOLT - Historical Returns

Returns include dividend reinvestment.

Period	ACES	SOLT
1 month	-1.13%	-52.78%
3 months	+11.31%	-46.49%
6 months	+11.08%	-81.14%
1 year	+45.63%	-91.59%
5 years(CAGR)	-11.77%	N/A
Max(CAGR)	+6.00%	-84.60%

Winner

ACES

-1.13%

SOLT

-52.78%

Winner

ACES

+11.31%

SOLT

-46.49%

Winner

ACES

+11.08%

SOLT

-81.14%

Winner

ACES

+45.63%

SOLT

-91.59%

5Y(CAGR)

ACES

-11.77%

SOLT

N/A

Max(CAGR)

Winner

ACES

+6.00%

SOLT

-84.60%

ACES vs SOLT - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	ACES	SOLT
2026	+9.02%	-80.54%
2025	+22.28%	-53.74%
2024	-25.86%	N/A
2023	-18.07%	N/A
2022	-29.90%	N/A
2021	-19.26%	N/A
2020	+136.96%	N/A
2019	+51.11%	N/A
2018	-9.63%	N/A

ACES vs SOLT 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 SOLT was -96.27%, occurring on Jun 10, 2026. This drawdown has not yet recovered.

The current ACES drawdown is -61.43%. The current SOLT drawdown is -95.90%.

Rank	ACES	SOLT
#1	-79.05% Feb 9, 2021 - Apr 8, 2025	-96.27% Sep 18, 2025 - Jun 10, 2026
#2	-43.70% Feb 19, 2020 - Jul 14, 2020	-52.65% Mar 25, 2025 - May 8, 2025
#3	-20.32% Aug 27, 2018 - Feb 22, 2019	-44.42% May 13, 2025 - Jul 21, 2025
#4	-10.14% Oct 9, 2020 - Nov 9, 2020	-37.42% Jul 22, 2025 - Sep 8, 2025
#5	-9.97% Sep 1, 2020 - Sep 29, 2020	-7.41% Sep 12, 2025 - Sep 18, 2025
#6	-6.81% Jan 22, 2021 - Feb 8, 2021	-1.09% May 9, 2025 - May 13, 2025
#7	-6.34% Sep 23, 2019 - Nov 25, 2019	-0.49% Sep 8, 2025 - Sep 10, 2025
#8	-6.20% May 7, 2019 - Jun 18, 2019	N/A
#9	-5.29% Jan 13, 2021 - Jan 21, 2021	N/A
#10	-4.62% Nov 27, 2020 - Dec 8, 2020	N/A
#11	-4.44% Aug 8, 2019 - Sep 17, 2019	N/A
#12	-3.89% Aug 1, 2019 - Aug 8, 2019	N/A
#13	-3.70% Dec 8, 2020 - Dec 15, 2020	N/A
#14	-3.19% Jul 10, 2018 - Aug 6, 2018	N/A
#15	-3.12% Dec 24, 2020 - Dec 31, 2020	N/A

Correlation

Correlation between ACES and SOLT is -0.62 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.62

-101