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ACES

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1d
1w
1m

Analysis and statistics

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About

The ETF with the financial product symbol ACES.US refers to the Global X Clean Energy ETF. It is designed to track the performance of companies that are involved in the development and production of clean energy technologies. This includes companies in sectors like solar, wind, hydroelectric, and geothermal energy.
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Factors

[Underlying Holdings' Performance]: The primary driver is the performance of companies within the Renewable Energy and Clean Technologies ETF's portfolio. Upward stock movement increases ACES' value.

[Sector Sentiment]: Positive market sentiment towards renewable energy and clean technology generally boosts ACES' price.

[Interest Rates]: Higher interest rates can negatively affect growth stocks and clean energy projects' financing, potentially decreasing ACES' value.

[Government Policies]: Supportive government policies, subsidies, and regulations for clean energy can drive demand and lift ACES' price.

[Supply and Demand]: Increased investor demand for ACES shares, relative to the supply, raises its price.

[Expense Ratio]: The ETF's expense ratio slightly reduces the return over time.

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