Quick Verdict

ACES has a lower expense ratio. FTKI delivered stronger 1-year returns. FTKI offers more diversification with 144 holdings.

Lower Fees: ACESHigher Returns: FTKIMore Diversified: FTKI

Side-by-Side Comparison

MetricACESFTKIWinner
Expense Ratio0.55%0.85%
AUM$109M$25M
Dividend Yield1.22%12.53%
Holdings38170
YTD Return-4.16%+13.99%
1Y Return+21.72%+23.96%
3Y Return (annualized)-8.79%-
5Y Return (annualized)-13.98%-
Volatility (annualized)35.4%10.3%
Max Drawdown-79.0%-15.2%
Fund FamilyALPS AdvisorsFirst Trust Portfolios (US)
CategoryEquityEquity
InceptionJun 27, 2018Feb 26, 2025

ACES vs FTKI Performance

ALPS Clean Energy ETF (ACES) is a ETF from ALPS Advisors and First Trust Small Cap BuyWrite Income ETF (FTKI) is a ETF from First Trust Portfolios (US). Over the past year ACES returned +21.72% while FTKI returned +23.96%. Year to date, ACES is down 4.16% versus a gain of 13.99% for FTKI.

Risk: Volatility and Drawdowns

ACES has been the more volatile fund, with annualized monthly volatility of 35.4% compared with 10.3% for FTKI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -79.0% for ACES and -15.2% for FTKI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at -0.12. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

ACES charges 0.55% per year while FTKI charges 0.85%. On a $10,000 position that is $55 vs $85 annually, a gap of $30 per year that compounds over a long holding period. On income, ACES currently yields 1.22% against 12.53% for FTKI.

Holdings Overlap

1.0%overlap

ACES and FTKI share 2 holdings out of 179 unique holdings combined, representing a 1.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in ACESWeight in FTKIDifference
ORA4.41%0.67%3.74%
RUN3.14%0.33%2.81%

Frequently Asked Questions

Which is cheaper, ACES or FTKI?

ACES has an expense ratio of 0.55% while FTKI charges 0.85%. ACES is the cheaper option. On a $10,000 investment, that is $30 per year of difference.

Which performed better, ACES or FTKI?

Over the past year ACES returned +21.72% vs +23.96% for FTKI, so FTKI leads on 1-year performance. Over the longest common window we track (1 years), ACES annualized +3.76% vs +13.38% for FTKI. Past performance does not guarantee future results.

Which is riskier, ACES or FTKI?

ACES has been the more volatile fund at 35.4% annualized versus 10.3% for FTKI. Worst drawdown: ACES -79.0% vs FTKI -15.2%.

Should I hold both ACES and FTKI?

ACES and FTKI have a monthly-return correlation of -0.12, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between ACES and FTKI?

ACES and FTKI share 2 common holdings with a 1.0% weight overlap. Combined, they hold 179 unique securities.

Which pays a higher dividend, ACES or FTKI?

ACES yields 1.22% while FTKI yields 12.53%, so FTKI currently pays the higher dividend yield.

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