CLNE vs. ACES
Compare and contrast key facts about Clean Energy Fuels Corp. (CLNE) and ALPS Clean Energy ETF (ACES).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CLNE or ACES.
Correlation
The correlation between CLNE and ACES is 0.60, 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
CLNE vs. ACES - Performance Comparison
Key characteristics
CLNE:
0.01
ACES:
-0.50
CLNE:
0.51
ACES:
-0.53
CLNE:
1.05
ACES:
0.94
CLNE:
0.00
ACES:
-0.22
CLNE:
0.02
ACES:
-1.28
CLNE:
16.18%
ACES:
12.66%
CLNE:
62.08%
ACES:
32.42%
CLNE:
-95.48%
ACES:
-74.59%
CLNE:
-87.25%
ACES:
-73.22%
Returns By Period
In the year-to-date period, CLNE achieves a 21.51% return, which is significantly higher than ACES's -0.81% return.
CLNE
21.51%
5.90%
-3.17%
-4.09%
1.23%
-4.68%
ACES
-0.81%
-4.69%
-7.54%
-17.30%
-9.01%
N/A
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Risk-Adjusted Performance
CLNE vs. ACES — Risk-Adjusted Performance Rank
CLNE
ACES
CLNE vs. ACES - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Clean Energy Fuels Corp. (CLNE) and ALPS Clean Energy ETF (ACES). 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
CLNE vs. ACES - Dividend Comparison
CLNE has not paid dividends to shareholders, while ACES's dividend yield for the trailing twelve months is around 1.11%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
CLNE Clean Energy Fuels Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ACES ALPS Clean Energy ETF | 1.11% | 1.10% | 1.44% | 1.09% | 0.71% | 0.56% | 1.30% | 0.34% |
Drawdowns
CLNE vs. ACES - Drawdown Comparison
The maximum CLNE drawdown since its inception was -95.48%, which is greater than ACES's maximum drawdown of -74.59%. Use the drawdown chart below to compare losses from any high point for CLNE and ACES. For additional features, visit the drawdowns tool.
Volatility
CLNE vs. ACES - Volatility Comparison
Clean Energy Fuels Corp. (CLNE) has a higher volatility of 16.73% compared to ALPS Clean Energy ETF (ACES) at 8.26%. This indicates that CLNE's price experiences larger fluctuations and is considered to be riskier than ACES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.