FMCX vs ACES

Comparison between FM FOCUS EQUITY ETF (FMCX, ETF) and ALPS CLEAN ENERGY ETF (ACES, ETF).

FMCX vs ACES - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FMCX(ETF)	ACES(ETF)
Net Assets	$117M	$116M
Expense Ratio	0.72%	0.55%
Max Drawdown	18.54%	79.86%
Sharpe Ratio	0.37	0.20
5Y Beta	0.76	1.23
P/E Ratio	27.30	-20.19
Forward P/E	23.06	18.92
PEG Ratio	0.37	0.59
5Y Dividends CAGR	N/A	-13.75%
5Y EPS CAGR	16.66%	11.47%
Debt to Equity	4.96%	67.46%
P/S Ratio	3.74	1.74
P/B Ratio	5.28	2.30

Net Assets

Winner

FMCX

$117M

ACES

$116M

Expense Ratio

FMCX

0.72%

Winner

ACES

0.55%

Max Drawdown

Winner

FMCX

18.54%

ACES

79.86%

Sharpe Ratio

Winner

FMCX

0.37

ACES

0.20

5Y Beta

Winner

FMCX

0.76

ACES

1.23

P/E Ratio

FMCX

27.30

Winner

ACES

-20.19

Forward P/E

FMCX

23.06

Winner

ACES

18.92

PEG Ratio

Winner

FMCX

0.37

ACES

0.59

5Y Dividends CAGR

FMCX

N/A

ACES

-13.75%

5Y EPS CAGR

Winner

FMCX

16.66%

ACES

11.47%

Debt to Equity

Winner

FMCX

4.96%

ACES

67.46%

P/S Ratio

FMCX

3.74

Winner

ACES

1.74

P/B Ratio

FMCX

5.28

Winner

ACES

2.30

FMCX vs ACES - Holdings Comparison

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

FMCX's top 25 holdings weight is 88.25%. ACES's top 25 holdings weight is 89.53%.

Rank	FMCX	ACES
#1	MICROSOFT CORP (MSFT) - 6.79%	RIVIAN AUTOMOTIVE INC CLASS A (RIVN) - 6.20%
#2	GE AEROSPACE (GE) - 5.53%	HA SUSTAINABLE INFRASTRUCTURE CAPITAL INC (HASI) - 5.78%
#3	KKR & CO INC ORDINARY SHARES (KKR) - 5.42%	TESLA INC (TSLA) - 5.63%
#4	GOLDMAN SACHS FS GOVERNMENT INSTL (FGTXX) - 5.04%	NORTHLAND POWER INC (NPIFF) - 5.26%
#5	BERKSHIRE HATHAWAY INC CLASS A (BRK-A) - 4.82%	BROOKFIELD RENEWABLE PARTNERS LP (n/a) - 5.20%
#6	O'REILLY AUTOMOTIVE INC (ORLY) - 4.39%	CLEARWAY ENERGY INC CLASS C (CWEN) - 5.00%
#7	DANAHER CORP (DHR) - 4.33%	NEXTPOWER INC CLASS A (NXT) - 4.71%
#8	LINDE PLC (LIN) - 3.64%	ITRON INC (ITRI) - 4.70%
#9	BROADCOM INC (AVGO) - 3.64%	ALBEMARLE CORP (ALB) - 4.46%
#10	APPLIED MATERIALS INC (AMAT) - 3.53%	FIRST SOLAR INC (FSLR) - 4.41%
#11	VERALTO CORP (VLTO) - 3.44%	ORMAT TECHNOLOGIES INC (ORA) - 4.38%
#12	AMAZON.COM INC (AMZN) - 3.33%	ENPHASE ENERGY INC (ENPH) - 4.17%
#13	BLACKLINE INC (BL) - 3.32%	PLUG POWER INC (PLUG) - 4.01%
#14	AUTOZONE INC (AZO) - 3.11%	BORALEX INC CLASS A (n/a) - 3.46%
#15	ASML HOLDING NV ADR (ASML) - 2.99%	ANDERSONS INC (ANDE) - 3.42%
#16	INTEL CORP (INTC) - 2.93%	SUNRUN INC (RUN) - 3.28%
#17	NIKE INC CLASS B (NKE) - 2.83%	SHOALS TECHNOLOGIES GROUP INC ORDINARY SHARES CLASS A (SHLS) - 2.22%
#18	CHUBB LTD (CB) - 2.68%	AMERICAN SUPERCONDUCTOR CORP (AMSC) - 1.99%
#19	HONEYWELL INTERNATIONAL INC (HON) - 2.62%	REX AMERICAN RESOURCES CORP (REX) - 1.74%
#20	SALESFORCE INC (CRM) - 2.45%	EOS ENERGY ENTERPRISES INC ORDINARY SHARES CLASS A (EOSE) - 1.72%
#21	UNITEDHEALTH GROUP INC (UNH) - 2.44%	AMPRIUS TECHNOLOGIES INC (AMPX) - 1.59%
#22	UNION PACIFIC CORP (UNP) - 2.39%	T1 ENERGY INC (TE) - 1.58%
#23	ORACLE CORP (ORCL) - 2.25%	GREEN PLAINS INC (GPRE) - 1.56%
#24	GE VERNOVA INC (GEV) - 2.22%	XPLR INFRASTRUCTURE LP (XIFR) - 1.56%
#25	POOL CORP (POOL) - 2.12%	LUCID GROUP INC SHS (LCID) - 1.50%
Total Holdings	33	39

FMCX vs ACES - Historical Returns

Returns include dividend reinvestment.

Period	FMCX	ACES
1 month	+4.75%	+0.56%
3 months	-0.11%	-23.84%
6 months	+7.77%	-13.13%
1 year	+8.91%	+5.13%
5 years(CAGR)	+10.34%	-14.46%
10 years(CAGR)	N/A	+3.50%
Max(CAGR)	+10.34%	+3.50%

Winner

FMCX

+4.75%

ACES

+0.56%

Winner

FMCX

-0.11%

ACES

-23.84%

Winner

FMCX

+7.77%

ACES

-13.13%

Winner

FMCX

+8.91%

ACES

+5.13%

5Y(CAGR)

Winner

FMCX

+10.34%

ACES

-14.46%

10Y(CAGR)

FMCX

N/A

ACES

+3.50%

Max(CAGR)

Winner

FMCX

+10.34%

ACES

+3.50%

FMCX vs ACES - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	FMCX	ACES
2026	+6.38%	-9.18%
2025	+11.52%	+22.28%
2024	+20.26%	-25.86%
2023	+22.02%	-18.07%
2022	-11.16%	-29.90%
2021	N/A	-19.26%
2020	N/A	+136.96%
2019	N/A	+51.11%
2018	N/A	-9.63%

FMCX vs ACES Drawdown Comparison

The maximum drawdown for FMCX was -17.70%, occurring on Apr 8, 2025. Recovery took 106 trading sessions.

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

The current FMCX drawdown is -2.68%. The current ACES drawdown is -67.87%.

Rank	FMCX	ACES
#1	-17.70% Jan 23, 2025 - Jun 26, 2025	-79.05% Feb 9, 2021 - Apr 8, 2025
#2	-17.33% Aug 16, 2022 - Jun 15, 2023	-43.70% Feb 19, 2020 - Jul 14, 2020
#3	-15.15% Apr 25, 2022 - Aug 15, 2022	-20.32% Aug 27, 2018 - Feb 22, 2019
#4	-12.59% Jan 12, 2026 - Apr 30, 2026	-10.14% Oct 9, 2020 - Nov 9, 2020
#5	-11.66% Jul 25, 2023 - Nov 30, 2023	-9.97% Sep 1, 2020 - Sep 29, 2020
#6	-6.71% Jul 16, 2024 - Aug 19, 2024	-6.81% Jan 22, 2021 - Feb 8, 2021
#7	-6.22% Oct 6, 2025 - Jan 9, 2026	-6.34% Sep 23, 2019 - Nov 25, 2019
#8	-6.16% Jun 30, 2026 - Aug 4, 2026	-6.20% May 7, 2019 - Jun 18, 2019
#9	-6.01% Mar 21, 2024 - Jun 21, 2024	-5.29% Jan 13, 2021 - Jan 21, 2021
#10	-5.84% Dec 6, 2024 - Jan 22, 2025	-4.62% Nov 27, 2020 - Dec 8, 2020
#11	-4.26% Aug 30, 2024 - Sep 16, 2024	-4.44% Aug 8, 2019 - Sep 17, 2019
#12	-4.21% Jun 1, 2026 - Jun 18, 2026	-3.89% Aug 1, 2019 - Aug 8, 2019
#13	-3.86% Oct 18, 2024 - Nov 7, 2024	-3.70% Dec 8, 2020 - Dec 15, 2020
#14	-3.09% May 8, 2026 - Jun 1, 2026	-3.19% Jul 10, 2018 - Aug 6, 2018
#15	-2.87% Aug 13, 2026 - Aug 24, 2026	-3.12% Dec 24, 2020 - Dec 31, 2020

Correlation

Correlation between FMCX and ACES is -0.63 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.63

-101