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 $115.8 million in assets since launching in June 2018, according to ETF Database. ACES returned 36.2% over the past year, outpacing the S&P 1000 Index’s 8.07% gain over the same period.
Rising electricity demand from AI computing facilities has refocused investor interest on companies that build batteries, manage power grids, and develop renewable generation capacity needed to handle these high-utilization loads, according to the ALPS report.
Energy Investment Reaches Record Levels
Energy storage companies drove much of the…
