Aptus Collared Income Opportunity ETF (ACIO) belongs to the Diversified Portfolio category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ACIO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ACIO
ACIO charges 0.79% annually. There are 39 ETFs in the Diversified Portfolio category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify US Equity PLUS Managed Futures Strategy E... | 0.10% | 167.39M | Dec 2025 | ACIO vs CTAP | |
| iShares Core 80/20 Aggressive Allocation ETF | 0.15% | 3.21B | Nov 2008 | ACIO vs AOA | |
| iShares Core 60/40 Balanced Allocation ETF | 0.15% | 3.67B | Nov 2008 | ACIO vs AOR | |
| iShares Core 30/70 Conservative Allocation ETF | 0.15% | 809.63M | Nov 2008 | ACIO vs AOK | |
| iShares ESG Aware Growth Allocation ETF | 0.18% | 32.94M | Jun 2020 | ACIO vs EAOR |
Best Risk-Adjusted Alternatives to ACIO
ACIO has a PortfoliosLab risk / return rank of 45. There are 46 ETFs in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 89.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin Income Focus ETF | 89 | 1.65B | Jun 2023 | ACIO vs INCM | |
| Avantis Moderate Allocation ETF | 84 | 76.06M | Jun 2023 | ACIO vs AVMA | |
| Alpha Architect High Inflation And Deflation ETF | 82 | 100.05M | Nov 2022 | ACIO vs HIDE | |
| First Trust Multi-Asset Diversified Income Index F... | 82 | 424.55M | Aug 2012 | ACIO vs MDIV | |
| iShares Morningstar Multi-Asset Income ETF | 81 | 124.92M | Apr 2012 | ACIO vs IYLD |
Top Performing ACIO Alternatives (YTD)
ACIO is at 6.25% YTD. There are 43 ETFs in the Diversified Portfolio category with higher YTD returns, going as high as 30.31%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Adaptive Core ETF | 30.31% | 16.56M | Nov 2021 | ACIO vs RULE | |
| WisdomTree Emerging Markets Efficient Core Fund | 20.86% | 55.78M | May 2021 | ACIO vs NTSE | |
| STF Tactical Growth ETF | 15.56% | 41.36M | May 2022 | ACIO vs TUG | |
| STF Tactical Growth & Income ETF | 15.27% | 76.94M | May 2022 | ACIO vs TUGN | |
| Myriad Dynamic Asset Allocation ETF | 15.21% | 444.94M | Oct 2025 | ACIO vs MDAA |
Lowest Volatility Alternatives to ACIO
ACIO has 8.86% 1-year volatility. There are 26 ETFs in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FlexShares Real Assets Allocation Index Fund | 0.00% | 7.49M | Nov 2015 | ACIO vs ASET | |
| Prospera Income ETF | 2.86% | 2.20M | Sep 2025 | ACIO vs THRV | |
| First Trust High Income Strategic Focus ETF | 3.31% | 99.40M | Aug 2014 | ACIO vs HISF | |
| Mindful Conservative ETF | 4.26% | 26.13M | Nov 2021 | ACIO vs MFUL | |
| Brookstone Yield ETF | 4.51% | 44.82M | Sep 2023 | ACIO vs BAMY |
Lowest Drawdown Alternatives to ACIO
ACIO has a 1-year max drawdown of -7.22%. There are 38 ETFs in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -2.48%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Brookstone Yield ETF | -2.48% | 44.82M | Sep 2023 | ACIO vs BAMY | |
| First Trust High Income Strategic Focus ETF | -2.90% | 99.40M | Aug 2014 | ACIO vs HISF | |
| Franklin Income Focus ETF | -3.19% | 1.65B | Jun 2023 | ACIO vs INCM | |
| Alpha Architect High Inflation And Deflation ETF | -3.31% | 100.05M | Nov 2022 | ACIO vs HIDE | |
| Mindful Conservative ETF | -3.36% | 26.13M | Nov 2021 | ACIO vs MFUL |
Other ETFs from Aptus Capital Advisors
The 8 most viewed Aptus Capital Advisors ETFs shown here include ADME, DRSK, OSCV and span 5 categories. AUM among these funds goes as high as $1B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Aptus Drawdown Managed Equity ETF | Hedge Fund | 52 | 8.67% | 243.07M | Jun 2016 | ACIO vs ADME | |
| Aptus Defined Risk ETF | Diversified Portfolio | 20 | 2.48% | 1.39B | Aug 2018 | ACIO vs DRSK | |
| Opus Small Cap Value Plus ETF | Small Cap Blend Equities | 56 | 16.02% | 685.56M | Jul 2018 | ACIO vs OSCV | |
| Aptus International Drawdown Managed Equity ETF | Global Equities | 64 | 14.33% | 62.12M | Jul 2021 | ACIO vs IDME | |
| Aptus October Buffer ETF | Defined Outcome | — | 6.99% | — | Oct 2025 | ACIO vs OCTB | |
| Aptus January Buffer ETF | Defined Outcome | — | 6.78% | — | Oct 2025 | ACIO vs JANB | |
| Aptus July Buffer ETF | Defined Outcome | — | 8.05% | — | Oct 2025 | ACIO vs JULB | |
| Aptus April Buffer ETF | Defined Outcome | — | 5.47% | — | Oct 2025 | ACIO vs APRB |
Often Compared With ACIO
Investors most often compare ACIO with HEQT, XTR, UJUL. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare ACIO with Any Fund or Stock
Compare ACIO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ACIO with funds that move differently
Aptus Collared Income Opportunity ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ACIO.
Explore ACIO Diversifiers