ACES vs. SCHG
Compare and contrast key facts about ALPS Clean Energy ETF (ACES) and Schwab U.S. Large-Cap Growth ETF (SCHG).
ACES and SCHG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ACES is a passively managed fund by SS&C that tracks the performance of the CIBC Atlas Clean Energy Index. It was launched on Jun 29, 2018. SCHG is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Growth Total Stock Market Total Return Index. It was launched on Dec 11, 2009. Both ACES and SCHG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ACES or SCHG.
Key characteristics
| ACES | SCHG | |
|---|---|---|
| YTD Return | -24.61% | 34.32% |
| 1Y Return | -13.83% | 42.00% |
| 3Y Return (Ann) | -29.82% | 11.21% |
| 5Y Return (Ann) | -2.43% | 20.69% |
| Sharpe Ratio | -0.34 | 2.64 |
| Sortino Ratio | -0.27 | 3.39 |
| Omega Ratio | 0.97 | 1.48 |
| Calmar Ratio | -0.16 | 3.62 |
| Martin Ratio | -0.62 | 14.42 |
| Ulcer Index | 19.19% | 3.10% |
| Daily Std Dev | 35.53% | 16.93% |
| Max Drawdown | -73.33% | -34.59% |
| Current Drawdown | -72.23% | -0.18% |
Correlation
The correlation between ACES and SCHG is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ACES vs. SCHG - Performance Comparison
In the year-to-date period, ACES achieves a -24.61% return, which is significantly lower than SCHG's 34.32% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ACES vs. SCHG - Expense Ratio Comparison
ACES has a 0.55% expense ratio, which is higher than SCHG's 0.04% expense ratio.
Risk-Adjusted Performance
ACES vs. SCHG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ALPS Clean Energy ETF (ACES) and Schwab U.S. Large-Cap Growth ETF (SCHG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ACES vs. SCHG - Dividend Comparison
ACES's dividend yield for the trailing twelve months is around 1.32%, more than SCHG's 0.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACES ALPS Clean Energy ETF | 1.32% | 1.44% | 1.09% | 0.71% | 0.56% | 1.30% | 0.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.40% | 0.46% | 0.55% | 0.42% | 0.52% | 0.82% | 1.27% | 1.01% | 1.04% | 1.22% | 1.09% | 1.07% |
Drawdowns
ACES vs. SCHG - Drawdown Comparison
The maximum ACES drawdown since its inception was -73.33%, which is greater than SCHG's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for ACES and SCHG. For additional features, visit the drawdowns tool.
Volatility
ACES vs. SCHG - Volatility Comparison
ALPS Clean Energy ETF (ACES) has a higher volatility of 9.66% compared to Schwab U.S. Large-Cap Growth ETF (SCHG) at 5.16%. This indicates that ACES's price experiences larger fluctuations and is considered to be riskier than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.