ACES vs. VPU
Compare and contrast key facts about ALPS Clean Energy ETF (ACES) and Vanguard Utilities ETF (VPU).
ACES and VPU 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. VPU is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Utilities 25/50 Index. It was launched on Jan 26, 2004. Both ACES and VPU 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 VPU.
Key characteristics
| ACES | VPU | |
|---|---|---|
| YTD Return | -24.61% | 26.51% |
| 1Y Return | -13.83% | 30.98% |
| 3Y Return (Ann) | -29.82% | 8.46% |
| 5Y Return (Ann) | -2.43% | 7.39% |
| Sharpe Ratio | -0.34 | 2.31 |
| Sortino Ratio | -0.27 | 3.20 |
| Omega Ratio | 0.97 | 1.40 |
| Calmar Ratio | -0.16 | 1.86 |
| Martin Ratio | -0.62 | 11.63 |
| Ulcer Index | 19.19% | 3.13% |
| Daily Std Dev | 35.53% | 15.78% |
| Max Drawdown | -73.33% | -46.31% |
| Current Drawdown | -72.23% | -4.38% |
Correlation
The correlation between ACES and VPU is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ACES vs. VPU - Performance Comparison
In the year-to-date period, ACES achieves a -24.61% return, which is significantly lower than VPU's 26.51% 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. VPU - Expense Ratio Comparison
ACES has a 0.55% expense ratio, which is higher than VPU's 0.10% expense ratio.
Risk-Adjusted Performance
ACES vs. VPU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ALPS Clean Energy ETF (ACES) and Vanguard Utilities ETF (VPU). 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. VPU - Dividend Comparison
ACES's dividend yield for the trailing twelve months is around 1.32%, less than VPU's 2.93% 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% |
VPU Vanguard Utilities ETF | 2.93% | 3.49% | 2.98% | 2.70% | 3.17% | 2.83% | 3.23% | 3.18% | 3.19% | 3.63% | 3.02% | 3.76% |
Drawdowns
ACES vs. VPU - Drawdown Comparison
The maximum ACES drawdown since its inception was -73.33%, which is greater than VPU's maximum drawdown of -46.31%. Use the drawdown chart below to compare losses from any high point for ACES and VPU. For additional features, visit the drawdowns tool.
Volatility
ACES vs. VPU - Volatility Comparison
ALPS Clean Energy ETF (ACES) has a higher volatility of 9.66% compared to Vanguard Utilities ETF (VPU) at 4.89%. This indicates that ACES's price experiences larger fluctuations and is considered to be riskier than VPU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.