AAUS vs. XDIV

Last updated Aug 4, 2026

AAUS (Alpha Architect US Equity ETF) and XDIV (Roundhill S&P 500 No Dividend Target ETF) are both exchange-traded funds - AAUS is a Large Cap Blend Equities fund actively managed by Alpha Architect, while XDIV is a S&P 500 fund actively managed by Roundhill. Both are actively managed. Over the past year, AAUS returned 23.95% vs 23.33% for XDIV. Their 0.97 correlation means they have historically moved very closely together. AAUS charges 0.15%/yr vs 0.08%/yr for XDIV.

Performance

AAUS vs. XDIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alpha Architect US Equity ETF (AAUS) and Roundhill S&P 500 No Dividend Target ETF (XDIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AAUS achieves a 10.23% return, which is significantly lower than XDIV's 11.42% return.

AAUS

• 1D: 1.33%
• 1M: 1.73%
• 6M: 8.51%
• YTD: 10.23%
• 1Y: 23.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 20.70%

XDIV

• 1D: 1.41%
• 1M: 1.58%
• 6M: 9.49%
• YTD: 11.42%
• 1Y: 23.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.12%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AAUS Alpha Architect US Equity ETF	$2.46M	$1.39M	$544.73K
XDIV Roundhill S&P 500 No Dividend Target ETF	$620.59K	$547.33K	$535.54K

AAUS vs. XDIV - Yearly Performance Comparison

	2026 (YTD)	2025
AAUS Alpha Architect US Equity ETF	10.23%	10.11%
XDIV Roundhill S&P 500 No Dividend Target ETF	11.42%	9.38%

Correlation

The correlation between AAUS and XDIV is 0.97 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.97
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025	0.97

The correlation between AAUS and XDIV has been stable across timeframes, ranging from 0.97 to 0.97 - a consistent structural relationship.

Return for Risk

AAUS vs. XDIV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AAUS

AAUS Risk / Return Rank: 76
AAUS Sharpe Ratio Rank: 77
AAUS Sortino Ratio Rank: 76
AAUS Omega Ratio Rank: 75
AAUS Calmar Ratio Rank: 71
AAUS Martin Ratio Rank: 79

XDIV

XDIV Risk / Return Rank: 76
XDIV Sharpe Ratio Rank: 77
XDIV Sortino Ratio Rank: 77
XDIV Omega Ratio Rank: 76
XDIV Calmar Ratio Rank: 71
XDIV Martin Ratio Rank: 81

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AAUS vs. XDIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alpha Architect US Equity ETF (AAUS) and Roundhill S&P 500 No Dividend Target ETF (XDIV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AAUS	XDIV	Difference
Sharpe ratio: Return per unit of total volatility	1.89	1.81	+0.07
Sortino ratio: Return per unit of downside risk	2.62	2.52	+0.10
Omega ratio: Gain probability vs. loss probability	1.33	1.33	+0.01
Calmar ratio: Return relative to maximum drawdown	2.63	2.56	+0.07
Martin ratio: Return relative to average drawdown	10.86	11.02	-0.16

AAUS vs. XDIV - Sharpe Ratio Comparison

The current AAUS Sharpe Ratio is 1.89, which is comparable to the XDIV Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of AAUS and XDIV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AAUS vs. XDIV - Drawdown Comparison

The maximum AAUS drawdown since its inception was -9.13%, roughly equal to the maximum XDIV drawdown of -9.16%. Use the drawdown chart below to compare losses from any high point for AAUS and XDIV.

Drawdown Indicators

	AAUS	XDIV	Difference
Max Drawdown Largest peak-to-trough decline	-9.13%	-9.16%	+0.03%
Max Drawdown (1Y) Largest decline over 1 year	-9.13%	-9.16%	+0.03%
Current Drawdown Current decline from peak	-0.06%	0.00%	-0.06%
Average Drawdown Average peak-to-trough decline	-1.43%	-1.30%	-0.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.21%	2.12%	+0.09%

Volatility

AAUS vs. XDIV - Volatility Comparison

Alpha Architect US Equity ETF (AAUS) has a higher volatility of 3.77% compared to Roundhill S&P 500 No Dividend Target ETF (XDIV) at 3.57%. This indicates that AAUS's price experiences larger fluctuations and is considered to be riskier than XDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AAUS	XDIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.77%	3.57%	+0.20%
Volatility (6M) Calculated over the trailing 6-month period	9.87%	10.31%	-0.44%
Volatility (1Y) Calculated over the trailing 1-year period	12.78%	12.96%	-0.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.80%	12.70%	+0.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.80%	12.70%	+0.10%

AAUS vs. XDIV - Expense Ratio Comparison

AAUS has a 0.15% expense ratio, which is higher than XDIV's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

AAUS vs. XDIV - Dividend Comparison

AAUS's dividend yield for the trailing twelve months is around 0.33%, while XDIV has not paid dividends to shareholders.

Position	TTM	2025
AAUS Alpha Architect US Equity ETF	0.33%	0.37%
XDIV Roundhill S&P 500 No Dividend Target ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both AAUS and XDIV in my portfolio?

With a correlation of 0.97, AAUS and XDIV move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, AAUS or XDIV?

AAUS has higher volatility (3.77%) compared to XDIV (3.57%). In terms of maximum drawdown, AAUS dropped -9.13% vs XDIV's -9.16%.

Which ETF is better, AAUS or XDIV?

On 1-year performance, AAUS leads with 23.95% vs 23.33% for XDIV. On fees, XDIV is cheaper at 0.08% per year. On volatility, XDIV has been the lower-risk option at 3.57%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AAUS or XDIV?

Over the 1-year period, AAUS has performed better with a 23.95% return vs 23.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AAUS or XDIV?

XDIV is cheaper with a 0.08% expense ratio, compared with 0.15% for AAUS.

Which ETF pays a higher dividend yield, AAUS or XDIV?

AAUS has the higher dividend yield at 0.33%, compared with 0.00% for XDIV.

What is the main difference between AAUS and XDIV?

AAUS is categorized as Large Cap Blend Equities, while XDIV is S&P 500. They also come from different issuers: Alpha Architect and Roundhill. Their fees differ too: 0.15% for AAUS and 0.08% for XDIV.

Which has better risk-adjusted returns?

AAUS currently has the higher Sharpe Ratio (1.89 vs 1.81), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.