// Index Comparison

ACCE Clean Energy vs ACCE Semiconductors

Head-to-head: performance, risk profile, and constituent overlap between two ACCE indices.

Energy transition infrastructure: solar, wind, storage, and grid modernization. Policy tailwinds meet declining unit economics.

ACCE Semiconductors →

The full semiconductor value chain — from chip design through fabrication to equipment. Cyclical upswing meets structural AI demand.

Performance windows

Period	ACCE Clean Energy	ACCE Semiconductors	Spread
1M	-5.0%	+34.9%	-39.8%
3M	-8.5%	+19.6%	-28.2%
YTD	-9.9%	+33.3%	-43.2%
1Y	-9.9%	+33.3%	-43.2%
3Y	-9.9%	+33.3%	-43.2%
5Y	-9.9%	+33.3%	-43.2%
Inception	-9.9%	+33.3%	-43.2%

ACCE Clean Energy — risk

Volatility 30d+36.9%

Volatility 90d+39.9%

Sharpe 90d-0.75

Max drawdown-19.2%

Beta vs ICLN0.92

ACCE Semiconductors — risk

Volatility 30d+39.1%

Volatility 90d+36.9%

Sharpe 90d2.59

Max drawdown-13.9%

Beta vs SOXX2.09

Constituent overlap

0 stocks held by both indices (out of 5 and 11)

Top sectors — ACCE Clean Energy

Technology65.9%

Utilities34.1%

Top sectors — ACCE Semiconductors

Technology100.0%

ACCE Verdict

ACCE Semiconductors has crushed ACCE Clean Energy since inception, delivering 33.28% returns versus Clean Energy's -9.91% loss—a performance gap of over 43 percentage points. Semiconductors also demonstrates superior risk-adjusted returns with a Sharpe ratio of 2.59 compared to Clean Energy's negative -0.75, despite both indices carrying similar volatility around 37-40%.

While both indices target transformative technology sectors, they occupy entirely different risk profiles and market cycles. Clean Energy sits in policy-dependent infrastructure with moderate beta exposure (0.92), while Semiconductors rides high-beta cyclical momentum (2.09) amplified by AI demand. The semiconductor index has also shown better downside protection with a maximum drawdown of 13.9% versus Clean Energy's 19.2%.

Semiconductors fits aggressive growth investors willing to stomach high beta exposure for outsized returns during tech upcycles. Clean Energy appeals to thematic investors betting on long-term energy transition despite near-term headwinds, though the current risk-return profile offers little justification. For investors seeking technology exposure with proven momentum, Semiconductors delivers both the growth and risk management that Clean Energy currently lacks.