ALPS Clean Energy ETFNYSE American: ACES

Is now the time to get back into clean energy investing? The space has offered real opportunities in the past but has dimmed of late.

Could now finally be the time for rate cuts to arrive? The Fed's “will they/won't they” back-and-forth on rate cuts and inflation has dominated finance media headlines for almost two years.

ACES ETF has underperformed in the clean energy sector, but offers a diversified portfolio with leading electric vehicle companies. The renewable energy sector is projected to grow rapidly, creating job opportunities and increasing demand for specialized labor. Despite challenges, advancements in clean energy technology and increasing global energy consumption present opportunities for growth in the clean energy industry and stock market.

Yes, AI is using quite a lot of energy. However, should that technology develop in the way its proponents believe it will, it could propel clean, renewable, energy-efficient technologies.

Renewable energy ETFs are making a comeback after a dismal showing in the first half of the year. And much of the gains have been fueled by an unlikely source – the rising tide of bullishness over artificial intelligence.

On a year-to-date basis, many clean energy stocks and related ETFs are saddled with steep losses. However, some of those assets are proving responsive to recent positive headlines regarding renewable adoption.

Climate change has been a political and social debate for 50 years. The ALPS Clean Energy ETF is a buy despite recent poor performance. The clean energy sector is expected to thrive due to increasing demand, financial incentives, and shifting consumer sentiment.

The expansion of clean energy technology made a tangible impact in 2023, according to data from the International Energy Agency. This could be a persisting trend, benefiting like the ALPS Clean Energy ETF (ACES).

The current macroeconomic environment has been affecting the renewable energy industry, with inflationary pressures pushing the costs of materials higher. Nonetheless, the long-term trend of declining costs should prevail, and thus maintain clean energy growth.