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ALPS Clean Energy ETF

ACES

ALPS Funds

ALPS Clean Energy ETF (ACES) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 99.84%. Below: the fund under all five rulebooks, its facts and every holding with its own verdict.

Akinda fund screen

Akinda fund screen (AAOIFI-derived)Not halalCoverage: 99.84%
  • Halal 42.02%
  • Doubtful 1.99%
  • Not halal 55.83%
  • Not rated 0.16%

The bar is scaled to fit; the figures are as reported, and the buckets do not always total 100%.

Coverage is the share of the fund's weight we hold a usable verdict for. Below 95%, a fund is rated only when the weight we can see already breaches the 5% limit; otherwise it is not rated by this method.

Fund facts

Issuer
ALPS Funds
Venue (where it trades)
United States
Domicile (where it is registered)
United States
Reporting currency
USD
Expense ratio
0.55%
AUM
89.52M USD
Holdings
37 (37 screened)
Basket as of (provider)
30 Oct 2026
Basket fetched by Akinda
30 Oct 2026
Verdict updated
3 Nov 2026

Venue is where a fund trades; domicile is where it is registered. London-listed funds are domiciled in Ireland or Luxembourg, so use Venue for UK ETFs.

Five rulebooks

RulebookVerdictHalalNot halalSplit (0–100%)
Akinda fund screen (AAOIFI)Not halal42.02%55.83%
DJIMNot halal41.63%56.22%
FTSENot halal39.08%60.76%
MSCINot halal39.95%59.88%
S&PNot halal43.82%49.92%

Every bar uses the same 0–100% scale. Index rulebooks report only halal and not-halal weight; uncoloured weight is weight that rulebook does not classify. Coverage is published for the Akinda fund screen only.

The fund screen and the four index rulebooks answer different questions, so they are expected to disagree. A fund can be doubtful on our fund screen and halal under S&P; both are correct.

Holdings

1–37 of 37 holdings, largest first · basket as of 30 Oct 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
TSLATesla Inc.
6.12%HalalHalalHalalHalalHalal
2
NPI.TONorthland Power Inc.
6.06%Not halalNot halalNot halalNot halalNot halal
3
CWENClearway Energy Inc.
5.97%Not halalNot halalNot halalNot halalNot halal
4
ITRIItron Inc.
5.66%HalalHalalNot halalNot halalHalal
5
NXTNextpower Inc.
5.47%HalalHalalHalalHalalHalal
6
HASIHA Sustainable Infrastructure Capital Inc.
5.38%Not halalNot halalNot halalNot halalNot halal
7
BEP-UN.TOBrookfield Renewable Partners LP
5.34%Not halalNot halalNot halalNot halalNot halal
8
ORAOrmat Technologies Inc.
5.06%Not halalNot halalNot halalNot halalNot halal
9
FSLRFirst Solar Inc.
4.87%HalalHalalHalalHalalHalal
10
DARDarling Ingredients Inc.
4.79%Not halalNot halalNot halalNot halalNot halal
11
RIVNRivian Automotive Inc.
4.11%Not halalNot halalNot halalNot halalNot rated
12
ENPHEnphase Energy Inc.
4.07%HalalHalalNot halalNot halalHalal
13
ALBAlbemarle Corp.
4.04%HalalHalalHalalHalalHalal
14
ANDEAndersons Inc.
3.28%Not halalNot halalHalalHalalNot halal
15
PLUGPlug Power Inc.
3.17%HalalHalalHalalHalalHalal
16
RUNSunrun Inc.
2.85%Not halalNot halalNot halalNot halalNot halal
17
AMSCAmerican Superconductor Corp.
2.11%HalalHalalHalalHalalHalal
18
SHLSShoals Technologies Group Inc.
2.00%HalalHalalHalalHalalHalal
19
AMPXAmprius Technologies Inc.
1.99%DoubtfulNot ratedNot halalNot halalNot rated
20
WLDNWilldan Group Inc.
1.83%HalalHalalHalalHalalHalal
21
REXREX American Resources Corp.
1.80%Not halalNot halalNot halalNot halalHalal
22
MWHSolv Energy Inc.
1.78%Not halalNot halalNot halalNot halalNot halal
23
GPREGreen Plains Inc.
1.48%Not halalNot halalHalalHalalNot halal
24
XIFRXPLR Infrastructure LP
1.44%Not halalNot halalHalalHalalNot halal
25
EOSEEos Energy Enterprises Inc.
1.14%Not halalNot halalNot halalNot halalNot halal
26
AMRCAmeresco Inc.
1.08%Not halalNot halalNot halalNot halalNot halal
27
TET1 Energy Inc.
1.01%Not halalNot halalHalalHalalNot halal
28
FLNCFluence Energy Inc.
0.87%HalalHalalNot halalHalalHalal
29
ARRYArray Technologies Inc.
0.87%Not halalNot halalNot halalNot halalNot halal
30
NRGVEnergy Vault Holdings Inc.
0.83%HalalHalalHalalHalalHalal
31
LCIDLucid Group Inc.
0.81%Not halalNot halalNot halalNot halalNot halal
32
BLDPBallard Power Systems Inc.
0.78%Not halalNot halalNot halalNot halalNot halal
33
GEVOGevo Inc.
0.46%Not halalNot halalHalalHalalNot halal
34
CLNEClean Energy Fuels Corp.
0.39%HalalNot halalHalalHalalHalal
35
ABATAmerican Battery Technology Co.
0.33%Not halalNot halalNot halalNot halalNot halal
36
ELVAElectrovaya Inc.
0.30%HalalHalalHalalHalalHalal
37
EVGOEVgo Inc.
0.28%HalalHalalHalalHalalHalal

Not rated means we hold no usable verdict for that company; it is never treated as compliant.

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