ALPS Clean Energy ETF

ACES

Market cap $120M

Experienced traders have seen this movie before. When oil prices surge, clean and renewable energy equities often follow suit.

Artificial intelligence infrastructure investing requires looking beyond semiconductors to the physical systems powering the digital revolution, according to Paul Baiocchi, head of fund strategy at SS&C ALPS Advisors. In an interview at the Exchange conference in Las Vegas, Baiocchi outlined a mosaic approach using three funds to capture different layers of infrastructure growth.

The U.S. clean energy industry capped its strongest year on record for new installations in 2025. That buildout helped drive returns for the ALPS Clean Energy ETF (ACES).

Green ETFs like ICLN are in focus after U.S. clean power installations hit a record 50.3 GW in 2025, as solar, wind and battery storage drive grid expansion.

Most clean energy ETFs promise broad exposure to the energy transition. ALPS Clean Energy ETF ( NYSEARCA:ACES ) goes further, bundling solar manufacturers, battery storage companies, EV makers, hydrogen plays, and lithium miners into a single 38-stock fund.

The ALPS Clean Energy ETF (ACES) stands to benefit from a $1.4 trillion utility infrastructure buildout through 2030 as companies rush to modernize an aging grid struggling to meet rising power demands, according to recent Morningstar research. The investment wave represents roughly double the spending of the previous decade, according to Morningstar.

The ALPS Clean Energy ETF (ACES) jumped 9.26% in January as investors turned their attention to the massive power requirements of AI data centers and the infrastructure needed to support them, according to recent ALPS Advisors insights. The fund, which tracks seven clean energy segments including solar, wind, and energy storage, has attracted $115.

Following a multi-year stretch of disappointment, clean energy equities and the related ETFs ranked among 2025's most resurgent asset classes. Just look at the ALPS Clean Energy ETF (ACES), which is higher by 42% for the 12 months ending Feb. 4.

Green ETFs like ICLN come into focus as global energy transition investments hit a record $2.3 trillion in 2025, led by transport and renewables.

It's widely known that artificial intelligence (AI) is an energy-intensive pursuit. The data centers needed to power this disruptive technology are massive power consumers.