ACES vs SPGM
ACES vs SPGM
ALPS Clean Energy ETF vs State Street SPDR Portfolio MSCI Global Stock Market ETF
Quick Verdict
SPGM has a lower expense ratio. SPGM delivered stronger 1-year returns. SPGM offers more diversification with 2846 holdings.
Side-by-Side Comparison
| Metric | ACES | SPGM | Winner |
|---|---|---|---|
| Expense Ratio | 0.55% | 0.09% | |
| AUM | $109M | $1.7B | |
| Dividend Yield | 1.22% | 1.80% | |
| Holdings | 38 | 2,985 | |
| YTD Return | -4.16% | +14.76% | |
| 1Y Return | +21.72% | +27.05% | |
| 3Y Return (annualized) | -8.79% | +20.87% | |
| 5Y Return (annualized) | -13.98% | +11.68% | |
| Volatility (annualized) | 35.4% | 13.6% | |
| Max Drawdown | -79.0% | -34.0% | |
| Fund Family | ALPS Advisors | SPDR State Street Global Advisors | |
| Category | Equity | Equity | |
| Inception | Jun 27, 2018 | Feb 27, 2012 |
ACES vs SPGM Performance
ALPS Clean Energy ETF (ACES) is a ETF from ALPS Advisors and State Street SPDR Portfolio MSCI Global Stock Market ETF (SPGM) is a ETF from SPDR State Street Global Advisors. Over the past year ACES returned +21.72% while SPGM returned +27.05%. Year to date, ACES is down 4.16% versus a gain of 14.76% for SPGM.
Over three years, ACES compounded at -8.79% per year against +20.87% for SPGM; over five years the annualized figures are -13.98% and +11.68% respectively. Across the full 8-year window we track, SPGM has the edge at +9.92% annualized vs +3.76%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ACES has been the more volatile fund, with annualized monthly volatility of 35.4% compared with 13.6% for SPGM. 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 -34.0% for SPGM. 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 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ACES charges 0.55% per year while SPGM charges 0.09%. On a $10,000 position that is $55 vs $9 annually, a gap of $46 per year that compounds over a long holding period. On income, ACES currently yields 1.22% against 1.80% for SPGM.
Holdings Overlap
ACES and SPGM share 20 holdings out of 2863 unique holdings combined, representing a 1.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in ACES | Weight in SPGM | Difference |
|---|---|---|---|
| HASI | 6.16% | 0.01% | 6.15% |
| RIVN | 6.02% | 0.01% | 6.01% |
| TSLA | 4.96% | 1.01% | 3.95% |
| ITRI | Pro | Pro | Pro |
| NXT | Pro | Pro | Pro |
| ALB | Pro | Pro | Pro |
| FSLR | Pro | Pro | Pro |
| ORA | Pro | Pro | Pro |
| ENPH | Pro | Pro | Pro |
| PLUG | Pro | Pro | Pro |
See all 10 holdings ACES shares with SPGM Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, ACES or SPGM?
ACES has an expense ratio of 0.55% while SPGM charges 0.09%. SPGM is the cheaper option. On a $10,000 investment, that is $46 per year of difference.
Which performed better, ACES or SPGM?
Over the past year ACES returned +21.72% vs +27.05% for SPGM, so SPGM leads on 1-year performance. Over the longest common window we track (8 years), ACES annualized +3.76% vs +9.92% for SPGM. Past performance does not guarantee future results.
Which is riskier, ACES or SPGM?
ACES has been the more volatile fund at 35.4% annualized versus 13.6% for SPGM. Worst drawdown: ACES -79.0% vs SPGM -34.0%.
Should I hold both ACES and SPGM?
ACES and SPGM have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ACES and SPGM?
ACES and SPGM share 20 common holdings with a 1.2% weight overlap. Combined, they hold 2863 unique securities.
Which pays a higher dividend, ACES or SPGM?
ACES yields 1.22% while SPGM yields 1.80%, so SPGM currently pays the higher dividend yield.
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