Tech-focused ALPS ETFs surged over 10% in May, led by clean energy and internet stocks.

In May, three ALPS ETFs—ACES, OGIG, and DTEC—each gained more than 10%, driven by a shift from traditional energy to technology sectors. The ALPS Clean Energy ETF (ACES) led with a 19.4% gain, reflecting strong interest in renewables amid a decline in traditional energy stocks. The ALPS O'Shares Global Internet Giants ETF (OGIG) returned 11.2%, boosted by major internet companies like Snowflake. The ALPS Disruptive Technologies ETF (DTEC) also rose 10.8%, benefiting from growth in cloud computing, cybersecurity, and robotics. This rotation highlights growing investor confidence in tech and clean energy themes as the broader market showed moderate gains.