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ACES vs. TAN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ACES and TAN is 0.54, 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.


-0.50.00.51.0
Correlation: 0.5

Performance

ACES vs. TAN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS Clean Energy ETF (ACES) and Invesco Solar ETF (TAN). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%80.00%NovemberDecember2025FebruaryMarchApril
-4.78%
27.67%
ACES
TAN

Key characteristics

Sharpe Ratio

ACES:

-0.40

TAN:

-0.69

Sortino Ratio

ACES:

-0.36

TAN:

-0.85

Omega Ratio

ACES:

0.96

TAN:

0.91

Calmar Ratio

ACES:

-0.17

TAN:

-0.31

Martin Ratio

ACES:

-0.81

TAN:

-1.11

Ulcer Index

ACES:

16.51%

TAN:

24.36%

Daily Std Dev

ACES:

33.83%

TAN:

39.09%

Max Drawdown

ACES:

-79.05%

TAN:

-95.29%

Current Drawdown

ACES:

-76.78%

TAN:

-86.68%

Returns By Period

In the year-to-date period, ACES achieves a -13.98% return, which is significantly lower than TAN's -12.44% return.


ACES

YTD

-13.98%

1M

-7.10%

6M

-18.88%

1Y

-15.20%

5Y*

-5.80%

10Y*

N/A

TAN

YTD

-12.44%

1M

-9.74%

6M

-21.68%

1Y

-27.70%

5Y*

0.58%

10Y*

-4.05%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


ACES vs. TAN - Expense Ratio Comparison

ACES has a 0.55% expense ratio, which is lower than TAN's 0.69% expense ratio.


Expense ratio chart for TAN: current value is 0.69%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
TAN: 0.69%
Expense ratio chart for ACES: current value is 0.55%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
ACES: 0.55%

Risk-Adjusted Performance

ACES vs. TAN — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ACES
The Risk-Adjusted Performance Rank of ACES is 99
Overall Rank
The Sharpe Ratio Rank of ACES is 77
Sharpe Ratio Rank
The Sortino Ratio Rank of ACES is 88
Sortino Ratio Rank
The Omega Ratio Rank of ACES is 99
Omega Ratio Rank
The Calmar Ratio Rank of ACES is 1111
Calmar Ratio Rank
The Martin Ratio Rank of ACES is 99
Martin Ratio Rank

TAN
The Risk-Adjusted Performance Rank of TAN is 44
Overall Rank
The Sharpe Ratio Rank of TAN is 22
Sharpe Ratio Rank
The Sortino Ratio Rank of TAN is 22
Sortino Ratio Rank
The Omega Ratio Rank of TAN is 33
Omega Ratio Rank
The Calmar Ratio Rank of TAN is 77
Calmar Ratio Rank
The Martin Ratio Rank of TAN is 66
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ACES vs. TAN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS Clean Energy ETF (ACES) and Invesco Solar ETF (TAN). 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.


The chart of Sharpe ratio for ACES, currently valued at -0.40, compared to the broader market-1.000.001.002.003.004.00
ACES: -0.40
TAN: -0.69
The chart of Sortino ratio for ACES, currently valued at -0.36, compared to the broader market-2.000.002.004.006.008.00
ACES: -0.36
TAN: -0.85
The chart of Omega ratio for ACES, currently valued at 0.96, compared to the broader market0.501.001.502.002.50
ACES: 0.96
TAN: 0.91
The chart of Calmar ratio for ACES, currently valued at -0.17, compared to the broader market0.002.004.006.008.0010.0012.00
ACES: -0.17
TAN: -0.34
The chart of Martin ratio for ACES, currently valued at -0.81, compared to the broader market0.0020.0040.0060.00
ACES: -0.81
TAN: -1.11

The current ACES Sharpe Ratio is -0.40, which is higher than the TAN Sharpe Ratio of -0.69. The chart below compares the historical Sharpe Ratios of ACES and TAN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.80-0.60-0.40-0.200.00NovemberDecember2025FebruaryMarchApril
-0.40
-0.69
ACES
TAN

Dividends

ACES vs. TAN - Dividend Comparison

ACES's dividend yield for the trailing twelve months is around 1.33%, more than TAN's 0.57% yield.


TTM20242023202220212020201920182017201620152014
ACES
ALPS Clean Energy ETF
1.33%1.10%1.44%1.09%0.71%0.56%1.30%0.34%0.00%0.00%0.00%0.00%
TAN
Invesco Solar ETF
0.57%0.50%0.09%0.00%0.00%0.09%0.30%0.70%1.77%5.04%1.60%1.88%

Drawdowns

ACES vs. TAN - Drawdown Comparison

The maximum ACES drawdown since its inception was -79.05%, smaller than the maximum TAN drawdown of -95.29%. Use the drawdown chart below to compare losses from any high point for ACES and TAN. For additional features, visit the drawdowns tool.


-80.00%-75.00%-70.00%-65.00%NovemberDecember2025FebruaryMarchApril
-76.78%
-76.08%
ACES
TAN

Volatility

ACES vs. TAN - Volatility Comparison

ALPS Clean Energy ETF (ACES) and Invesco Solar ETF (TAN) have volatilities of 15.18% and 15.54%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%16.00%NovemberDecember2025FebruaryMarchApril
15.18%
15.54%
ACES
TAN