KRBN vs ACES

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

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

KRBN vs ACES - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

KRBN

$146M

ACES

$145M

Expense Ratio

KRBN

0.90%

Winner

ACES

0.55%

Max Drawdown

Winner

KRBN

53.83%

ACES

79.86%

Sharpe Ratio

KRBN

0.48

Winner

ACES

1.13

5Y Beta

Winner

KRBN

0.19

ACES

1.23

P/E Ratio

KRBN

N/A

ACES

-19.94

Forward P/E

KRBN

N/A

ACES

19.71

5Y Dividends CAGR

KRBN

N/A

ACES

-13.71%

5Y EPS CAGR

KRBN

N/A

ACES

8.87%

Debt to Equity

KRBN

N/A

ACES

36.74%

P/S Ratio

KRBN

N/A

ACES

2.13

P/B Ratio

KRBN

N/A

ACES

2.65

KRBN vs ACES - Holdings Comparison

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

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

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

KRBN vs ACES - Historical Returns

Returns include dividend reinvestment.

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

Winner

KRBN

+2.33%

ACES

-1.13%

Winner

KRBN

+15.82%

ACES

+11.31%

KRBN

-5.72%

Winner

ACES

+11.08%

KRBN

+8.20%

Winner

ACES

+45.63%

5Y(CAGR)

Winner

KRBN

+6.25%

ACES

-11.77%

Max(CAGR)

Winner

KRBN

+15.70%

ACES

+6.00%

KRBN vs ACES - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

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

KRBN vs ACES Drawdown Comparison

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

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

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

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

Correlation

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

-0.40

-101