ACCE Clean Energy vs ACCE Smart Money

Performance windows

Constituent overlap

0 stocks held by both indices (out of 11 and 35)

ACCE Verdict

## Verdict ACCE Clean Energy holds a since-inception return of 7.42% against a benchmark of 23.58%, a gap of more than 16 percentage points that is difficult to argue away regardless of time horizon. That underperformance is compounded by a 90-day volatility of 43.68% and a maximum drawdown of 19.15%, while the Sharpe of 0.61 signals investors are not being adequately compensated for the turbulence they are absorbing. ACCE Smart Money carries no live performance history yet, which makes a direct quantitative comparison impossible. What separates the two conceptually is significant: Clean Energy is a concentrated thematic bet on policy-driven infrastructure buildout, while Smart Money is a conviction-aggregation strategy, surfacing stocks where multiple high-quality institutional managers are quietly building positions across the 13F universe. For investors with a high tolerance for sector-specific volatility and a genuine multi-year view on the energy transition, Clean Energy is the relevant vehicle, though the current risk-adjusted numbers demand patience and conviction. For investors who prefer to follow institutional accumulation signals across a diversified opportunity set rather than anchor to a single macro theme, Smart Money is the more appropriate fit once its track record develops. Chasing Clean Energy's thesis while the benchmark gap remains this wide requires a specific and well-reasoned view that the policy tailwinds will materially reprice the index.