ACES - ALPS Clean Energy ETF

The ALPS Clean Energy ETF, identified by the ticker ACES, aims to replicate the investment performance of its benchmark index, the CIBC Atlas Clean Energy Index (NACEX), before any fees and expenses are factored in.

As of Aug 14, 2026: spot at $32.61, ATM IV 399.9%, max pain $25.00, net GEX -$656.

Sector
Financial Services
Industry
Asset Management
Market Cap
$123.5M
Beta
1.44
52-Week Range
27.09-43
Dividend Yield
$0.22
IPO Date
Jun 29, 2018
Exchange
AMEX

What ACES Looks Like to Options Traders Today

IV rank of 79.5% signals elevated pricing relative to the 1-year history, conditions that typically favor premium-selling structures (credit spreads, iron condors, covered calls); negative net gamma exposure (-$656) means dealers hedge with trend, amplifying realized volatility and accelerating directional moves; the 25-delta skew (0.041) prices calls richer than puts, often reflecting upside speculation or squeeze risk.

What This Page Covers

The ACES overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

Frequently asked ACES overview questions

What is ACES?
ACES is the ticker symbol for ALPS Clean Energy ETF, an listed exchange-traded fund. The ALPS Clean Energy ETF, identified by the ticker ACES, aims to replicate the investment performance of its benchmark index, the CIBC Atlas Clean Energy Index (NACEX), before any fees and expenses are factored in. Listed on AMEX. ACES is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What does the ACES options snapshot look like today?
As of Aug 14, 2026, the ACES options snapshot shows spot at $32.61, ATM IV 399.9%, IV rank 79.5%, max pain $25.00, net GEX -$656, expected move 8.05%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
What are ACES's key statistics?
ALPS Clean Energy ETF (ACES) carries a market capitalization of $123.5M, 52-week range of 27.09-43. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does ACES belong to?
ALPS Clean Energy ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare ACES's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the ACES data on this page?
The options snapshot above is dated Aug 14, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.