SOLT vs ACES

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

SOLT vs ACES - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SOLT(ETF)	ACES(ETF)
Net Assets	$145M	$145M
Expense Ratio	N/A	0.55%
Max Drawdown	96.32%	79.86%
Sharpe Ratio	-1.03	1.13
5Y Beta	3.51	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

SOLT

$145M

Winner

ACES

$145M

Expense Ratio

SOLT

N/A

ACES

0.55%

Max Drawdown

SOLT

96.32%

Winner

ACES

79.86%

Sharpe Ratio

SOLT

-1.03

Winner

ACES

1.13

5Y Beta

SOLT

3.51

Winner

ACES

1.23

P/E Ratio

SOLT

N/A

ACES

-19.94

Forward P/E

SOLT

N/A

ACES

19.71

5Y Dividends CAGR

SOLT

N/A

ACES

-13.71%

5Y EPS CAGR

SOLT

N/A

ACES

8.87%

Debt to Equity

SOLT

N/A

ACES

36.74%

P/S Ratio

SOLT

N/A

ACES

2.13

P/B Ratio

SOLT

N/A

ACES

2.65

SOLT vs ACES - Holdings Comparison

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

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

Rank	SOLT	ACES
#1	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 3.36%	ENPHASE ENERGY INC (ENPH) - 6.82%
#2	N/A	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	1	39

SOLT vs ACES - Historical Returns

Returns include dividend reinvestment.

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

SOLT

-52.78%

Winner

ACES

-1.13%

SOLT

-46.49%

Winner

ACES

+11.31%

SOLT

-81.14%

Winner

ACES

+11.08%

SOLT

-91.59%

Winner

ACES

+45.63%

5Y(CAGR)

SOLT

N/A

ACES

-11.77%

Max(CAGR)

SOLT

-84.60%

Winner

ACES

+6.00%

SOLT vs ACES - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

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

SOLT vs ACES Drawdown Comparison

The maximum drawdown for SOLT was -96.27%, occurring on Jun 10, 2026. 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 SOLT drawdown is -95.90%. The current ACES drawdown is -61.43%.

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

Correlation

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

-0.62

-101