ACES vs SPYA

Comparison between ALPS CLEAN ENERGY ETF (ACES, ETF) and Twin Oak Endure ETF (SPYA, ETF).

ACES vs SPYA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ACES(ETF)	SPYA(ETF)
Net Assets	$127M	$127M
Expense Ratio	0.55%	0.49%
Max Drawdown	79.86%	9.59%
Sharpe Ratio	1.39	1.13
5Y Beta	1.21	0.89
P/E Ratio	-27.88	N/A
Forward P/E	21.94	N/A
5Y Dividends CAGR	-13.71%	N/A
5Y EPS CAGR	9.23%	N/A
Debt to Equity	36.74%	N/A
P/S Ratio	2.38	N/A
P/B Ratio	2.97	N/A

Net Assets

ACES

$127M

Winner

SPYA

$127M

Expense Ratio

ACES

0.55%

Winner

SPYA

0.49%

Max Drawdown

ACES

79.86%

Winner

SPYA

9.59%

Sharpe Ratio

Winner

ACES

1.39

SPYA

1.13

5Y Beta

ACES

1.21

Winner

SPYA

0.89

P/E Ratio

ACES

-27.88

SPYA

N/A

Forward P/E

ACES

21.94

SPYA

N/A

5Y Dividends CAGR

ACES

-13.71%

SPYA

N/A

5Y EPS CAGR

ACES

9.23%

SPYA

N/A

Debt to Equity

ACES

36.74%

SPYA

N/A

P/S Ratio

ACES

2.38

SPYA

N/A

P/B Ratio

ACES

2.97

SPYA

N/A

ACES vs SPYA - Holdings Comparison

ACES and SPYA have 1 common holdings. Overlap is -17.48%

ACES's top 25 holdings weight is 90.66%. SPYA's top 25 holdings weight is 116.87%.

Rank	ACES	SPYA
#1	ENPHASE ENERGY INC (ENPH) - 6.82%	VANGUARD S&P 500 ETF (VOO) - 50.91%
#2	PLUG POWER INC (PLUG) - 6.43%	SPDR S&P 500 ETF TRUST SWAP CS (n/a) - 17.78%
#3	FIRST SOLAR INC (FSLR) - 5.66%	SNOWFLAKE INC ORDINARY SHARES (SNOW) - 10.37%
#4	NEXTPOWER INC CLASS A (NXT) - 5.23%	MAPLEBEAR INC (CART) - 7.23%
#5	ORMAT TECHNOLOGIES INC (ORA) - 5.01%	MICROSOFT CORP (MSFT) - 6.37%
#6	BROOKFIELD RENEWABLE PARTNERS LP (n/a) - 4.70%	NATERA INC (NTRA) - 4.63%
#7	HA SUSTAINABLE INFRASTRUCTURE CAPITAL INC (HASI) - 4.55%	BLOCK INC CLASS A (XYZ) - 4.36%
#8	TESLA INC (TSLA) - 4.35%	DOORDASH INC ORDINARY SHARES CLASS A (DASH) - 4.30%
#9	NORTHLAND POWER INC (NPIFF) - 4.29%	NU HOLDINGS LTD ORDINARY SHARES CLASS A (NU) - 2.53%
#10	ALBEMARLE CORP (ALB) - 4.27%	CART 01/16/2026 43.37 P (n/a) - 1.98%
#11	SUNRUN INC (RUN) - 3.87%	SNOW 01/16/2026 200.23 P (n/a) - 1.17%
#12	CLEARWAY ENERGY INC CLASS C (CWEN) - 3.78%	SPDR S&P 500 ETF SWAP NOMURA (n/a) - 0.84%
#13	RIVIAN AUTOMOTIVE INC CLASS A (RIVN) - 3.74%	SPY 10/15/2025 656.83 C (n/a) - 0.69%
#14	ITRON INC (ITRI) - 3.65%	NTRA 01/16/2026 155.52 P (n/a) - 0.68%
#15	EOS ENERGY ENTERPRISES INC ORDINARY SHARES CLASS A (EOSE) - 3.22%	U.S. BANK MONEY MARKET DEPOSIT ACCOUNT (n/a) - 0.56%
#16	BORALEX INC CLASS A (n/a) - 3.05%	XYZ 01/16/2026 61.72 P (n/a) - 0.52%
#17	AMERICAN SUPERCONDUCTOR CORP (AMSC) - 2.71%	UBER TECHNOLOGIES INC (UBER) - 0.48%
#18	ANDERSONS INC (ANDE) - 2.58%	PDD HOLDINGS INC ADR (PDD) - 0.37%
#19	SHOALS TECHNOLOGIES GROUP INC ORDINARY SHARES CLASS A (SHLS) - 2.23%	DASH 01/16/2026 207.46 P (n/a) - 0.36%
#20	AMPRIUS TECHNOLOGIES INC (AMPX) - 2.09%	MSFT 01/16/2026 446.72 P (n/a) - 0.24%
#21	T1 ENERGY INC (TE) - 2.06%	NU 01/16/2026 11.54 P (n/a) - 0.22%
#22	BALLARD POWER SYSTEMS INC (BLDP) - 1.71%	EVENTBRITE INC CLASS A (EB) - 0.17%
#23	REX AMERICAN RESOURCES CORP (REX) - 1.57%	UBER 01/16/2026 81.29 P (n/a) - 0.04%
#24	FLUENCE ENERGY INC CLASS A (FLNC) - 1.56%	EB 01/16/2026 2.41 P (n/a) - 0.04%
#25	ARRAY TECHNOLOGIES INC ORDINARY SHARES (ARRY) - 1.53%	PDD 01/16/2026 95.54 P (n/a) - 0.03%
Total Holdings	39	43

ACES vs SPYA - Historical Returns

Returns include dividend reinvestment.

Period	ACES	SPYA
1 month	+4.75%	+2.01%
3 months	+18.16%	+7.66%
6 months	+14.48%	+5.38%
1 year	+57.73%	+17.32%
5 years(CAGR)	-10.35%	N/A
Max(CAGR)	+6.45%	+18.06%

Winner

ACES

+4.75%

SPYA

+2.01%

Winner

ACES

+18.16%

SPYA

+7.66%

Winner

ACES

+14.48%

SPYA

+5.38%

Winner

ACES

+57.73%

SPYA

+17.32%

5Y(CAGR)

ACES

-10.35%

SPYA

N/A

Max(CAGR)

ACES

+6.45%

Winner

SPYA

+18.06%

ACES vs SPYA - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	ACES	SPYA
2026	+12.62%	+6.03%
2025	+22.28%	+11.69%
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 SPYA 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 SPYA was -9.51%, occurring on Mar 30, 2026. Recovery took 66 trading sessions.

The current ACES drawdown is -60.16%. The current SPYA drawdown is -2.74%.

Rank	ACES	SPYA
#1	-79.05% Feb 9, 2021 - Apr 8, 2025	-9.51% Jan 12, 2026 - Apr 17, 2026
#2	-43.70% Feb 19, 2020 - Jul 14, 2020	-5.26% Oct 28, 2025 - Jan 6, 2026
#3	-20.32% Aug 27, 2018 - Feb 22, 2019	-2.74% Jun 2, 2026 - Jun 5, 2026
#4	-10.14% Oct 9, 2020 - Nov 9, 2020	-2.71% Oct 8, 2025 - Oct 24, 2025
#5	-9.97% Sep 1, 2020 - Sep 29, 2020	-1.96% May 14, 2026 - May 26, 2026
#6	-6.81% Jan 22, 2021 - Feb 8, 2021	-1.93% Jul 28, 2025 - Aug 12, 2025
#7	-6.34% Sep 23, 2019 - Nov 25, 2019	-1.47% Aug 12, 2025 - Aug 27, 2025
#8	-6.20% May 7, 2019 - Jun 18, 2019	-1.47% Sep 22, 2025 - Oct 6, 2025
#9	-5.29% Jan 13, 2021 - Jan 21, 2021	-1.33% Aug 28, 2025 - Sep 9, 2025
#10	-4.62% Nov 27, 2020 - Dec 8, 2020	-0.82% May 1, 2026 - May 5, 2026
#11	-4.44% Aug 8, 2019 - Sep 17, 2019	-0.77% Jun 6, 2025 - Jun 24, 2025
#12	-3.89% Aug 1, 2019 - Aug 8, 2019	-0.68% Apr 27, 2026 - Apr 30, 2026
#13	-3.70% Dec 8, 2020 - Dec 15, 2020	-0.66% Apr 17, 2026 - Apr 22, 2026
#14	-3.19% Jul 10, 2018 - Aug 6, 2018	-0.57% Jan 6, 2026 - Jan 12, 2026
#15	-3.12% Dec 24, 2020 - Dec 31, 2020	-0.49% Jul 10, 2025 - Jul 17, 2025