ACES vs GLOW
ALPS Clean Energy ETF vs VictoryShares WestEnd Global Equity ETF
Quick Verdict
ACES has a lower expense ratio. GLOW delivered stronger 1-year returns. ACES offers more diversification with 37 holdings.
Side-by-Side Comparison
| Metric | ACES | GLOW | Winner |
|---|---|---|---|
| Expense Ratio | 0.55% | 0.72% | |
| AUM | $109M | $63M | |
| Dividend Yield | 1.22% | 1.28% | |
| Holdings | 38 | 16 | |
| YTD Return | -3.74% | +14.14% | |
| 1Y Return | +20.63% | +25.00% | |
| 3Y Return (annualized) | -7.82% | - | |
| 5Y Return (annualized) | -13.74% | - | |
| Volatility (annualized) | 35.4% | 10.7% | |
| Max Drawdown | -79.0% | -15.6% | |
| Fund Family | ALPS Advisors | Victory Capital Management Inc. | |
| Category | Equity | Equity | |
| Inception | Jun 27, 2018 | Jun 21, 2024 |
ACES vs GLOW Performance
ALPS Clean Energy ETF (ACES) is a ETF from ALPS Advisors and VictoryShares WestEnd Global Equity ETF (GLOW) is a ETF from Victory Capital Management Inc.. Over the past year ACES returned +20.63% while GLOW returned +25.00%. Year to date, ACES is down 3.74% versus a gain of 14.14% for GLOW.
Risk: Volatility and Drawdowns
ACES has been the more volatile fund, with annualized monthly volatility of 35.4% compared with 10.7% for GLOW. 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 -15.6% for GLOW. 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 0.49. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ACES charges 0.55% per year while GLOW charges 0.72%. On a $10,000 position that is $55 vs $72 annually, a gap of $17 per year that compounds over a long holding period. On income, ACES currently yields 1.22% against 1.28% for GLOW.
Holdings Overlap
ACES and GLOW share 0 holdings out of 52 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, ACES or GLOW?
ACES has an expense ratio of 0.55% while GLOW charges 0.72%. ACES is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, ACES or GLOW?
Over the past year ACES returned +20.63% vs +25.00% for GLOW, so GLOW leads on 1-year performance. Over the longest common window we track (2 years), ACES annualized +3.81% vs +19.57% for GLOW. Past performance does not guarantee future results.
Which is riskier, ACES or GLOW?
ACES has been the more volatile fund at 35.4% annualized versus 10.7% for GLOW. Worst drawdown: ACES -79.0% vs GLOW -15.6%.
Should I hold both ACES and GLOW?
ACES and GLOW have a monthly-return correlation of 0.49, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ACES and GLOW?
ACES and GLOW share 0 common holdings with a 0.0% weight overlap. Combined, they hold 52 unique securities.
Which pays a higher dividend, ACES or GLOW?
ACES yields 1.22% while GLOW yields 1.28%, so GLOW currently pays the higher dividend yield.
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