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ACEP vs. EQL
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ACEP vs. EQL

Last updated Aug 6, 2026
Documentation

ACEP (ARS Core Equity Portfolio ETF) and EQL (ALPS Equal Sector Weight ETF) are both Large Cap Blend Equities funds. ACEP is actively managed, while EQL is passively managed. Their 0.68 correlation means they have sometimes moved together and sometimes differently. ACEP charges 0.45%/yr vs 0.27%/yr for EQL.

Performance

ACEP vs. EQL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARS Core Equity Portfolio ETF (ACEP) and ALPS Equal Sector Weight ETF (EQL). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, ACEP achieves a 24.65% return, which is significantly higher than EQL's 12.36% return.

ACEP

1D
0.02%
1M
2.51%
6M
15.44%
YTD
24.65%
1Y
—
3Y*
—
5Y*
—
10Y*
—
ALL TIME*
—

EQL

1D
-0.25%
1M
1.57%
6M
7.31%
YTD
12.36%
1Y
19.04%
3Y*
15.88%
5Y*
10.78%
10Y*
12.45%
ALL TIME*
13.57%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

ACEP

ARS Core Equity Portfolio ETF
$36.53K$36.84K$48.24K

EQL

ALPS Equal Sector Weight ETF
$3.29M$2.86M$2.72M

ACEP vs. EQL - Yearly Performance Comparison

2026 (YTD)2025
ACEP
ARS Core Equity Portfolio ETF		24.65%8.00%
EQL
ALPS Equal Sector Weight ETF		12.36%4.13%

Correlation

The correlation between ACEP and EQL is 0.68, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

Correlation
Correlation (All Time)
Calculated using the full available price history since Nov 21, 2025

0.68

ACEP vs. EQL - Sectors Allocation Comparison

Sectors
ACEP
EQL

Technology

34.3%
10.2%

Financial Services

14.4%
9.1%

Energy

12.5%
8.7%

Industrials

12.1%
9.3%

Basic Materials

11.1%
8.0%

Healthcare

8.2%
9.4%

Consumer Cyclical

2.8%
9.6%

Consumer Defensive

1.9%
8.8%

Real Estate

1.6%
8.7%

Communication Services

1.2%
8.9%

Utilities

-

9.4%

Technology

ACEP
34.3%
EQL
10.2%

Financial Services

ACEP
14.4%
EQL
9.1%

Energy

ACEP
12.5%
EQL
8.7%

Industrials

ACEP
12.1%
EQL
9.3%

Basic Materials

ACEP
11.1%
EQL
8.0%

Healthcare

ACEP
8.2%
EQL
9.4%

Consumer Cyclical

ACEP
2.8%
EQL
9.6%

Consumer Defensive

ACEP
1.9%
EQL
8.8%

Real Estate

ACEP
1.6%
EQL
8.7%

Communication Services

ACEP
1.2%
EQL
8.9%

Utilities

ACEP

-

EQL
9.4%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

ARS Core Equity Portfolio ETF

ALPS Equal Sector Weight ETF

Often compared with ACEP:
ACEP vs. AFOSACEP vs. GXLCACEP vs. FNDBACEP vs. NRSHACEP vs. PSCXACEP vs. UJUNACEP vs. CNAV
Often compared with EQL:
EQL vs. RSPEQL vs. VOOEQL vs. SPYEQL vs. ^SPXEWEQL vs. MOODEQL vs. VDCEQL vs. voo

Return for Risk

ACEP vs. EQL — Risk / Return Rank

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

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

EQL
EQL Risk / Return Rank: 7979
Overall Rank
EQL Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
EQL Sortino Ratio Rank: 7878
Sortino Ratio Rank
EQL Omega Ratio Rank: 7878
Omega Ratio Rank
EQL Calmar Ratio Rank: 7777
Calmar Ratio Rank
EQL Martin Ratio Rank: 8181
Martin Ratio Rank
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.

ACEP vs. EQL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARS Core Equity Portfolio ETF (ACEP) and ALPS Equal Sector Weight ETF (EQL). 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.

ACEPEQLDifference
Sharpe ratioReturn per unit of total volatility

—

2.03

—

Sortino ratioReturn per unit of downside risk

—

2.83

—

Omega ratioGain probability vs. loss probability

—

1.37

—

Calmar ratioReturn relative to maximum drawdown

—

3.09

—

Martin ratioReturn relative to average drawdown

—

12.10

—

ACEP vs. EQL - Sharpe Ratio Comparison

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Drawdowns

ACEP vs. EQL - Drawdown Comparison

The maximum ACEP drawdown since its inception was -7.06%, smaller than the maximum EQL drawdown of -35.65%. Use the drawdown chart below to compare losses from any high point for ACEP and EQL.

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Drawdown Indicators

ACEPEQLDifference

Max Drawdown

Largest peak-to-trough decline

-7.06%

-35.65%

+28.59%

Max Drawdown (1Y)

Largest decline over 1 year

—

-6.19%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-15.07%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-19.24%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-35.65%

—

Current Drawdown

Current decline from peak

-0.44%

-0.25%

-0.19%

Average Drawdown

Average peak-to-trough decline

-1.74%

-3.23%

+1.49%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

1.58%

—

Volatility

ACEP vs. EQL - Volatility Comparison

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Volatility by Period

ACEPEQLDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

2.41%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

7.12%

—

Volatility (1Y)

Calculated over the trailing 1-year period

16.86%

9.43%

+7.43%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.86%

14.52%

+2.34%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.86%

16.49%

+0.37%

ACEP vs. EQL - Expense Ratio Comparison

ACEP has a 0.45% expense ratio, which is higher than EQL's 0.27% expense ratio.

Dividends

ACEP vs. EQL - Dividend Comparison

ACEP's dividend yield for the trailing twelve months is around 0.11%, less than EQL's 1.33% yield.

PositionTTM20252024202320222021202020192018201720162015
ACEP
ARS Core Equity Portfolio ETF		0.11%0.14%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
EQL
ALPS Equal Sector Weight ETF		1.33%1.73%1.78%1.96%2.14%1.69%2.29%1.95%2.39%1.97%2.89%2.07%

Frequently Asked Questions

ACEP and EQL have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, EQL is cheaper at 0.27% per year. The better choice depends on whether you care most about return, fees, risk, or income.

EQL is cheaper with a 0.27% expense ratio, compared with 0.45% for ACEP.

EQL has the higher dividend yield at 1.33%, compared with 0.11% for ACEP.

They also come from different issuers: ARS Investment Partners and SS&C. Their fees differ too: 0.45% for ACEP and 0.27% for EQL.

Portfolio Optimizer

Find the right allocation for ACEP and EQL

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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