ACIO vs. ADME

Last updated Jun 4, 2026

ACIO (Aptus Collared Income Opportunity ETF) and ADME (Aptus Drawdown Managed Equity ETF) are both exchange-traded funds - ACIO is a Diversified Portfolio fund actively managed by Aptus Capital Advisors, while ADME is a Hedge Fund fund tracking the Aptus Behavioral Momentum Index. ACIO is actively managed, while ADME is passively managed. Over the past 5 years, ACIO returned 10.18%/yr vs 8.23%/yr for ADME. Their correlation of 0.90 suggests significant overlap in exposure. Both charge a 0.79% expense ratio.

Performance

ACIO vs. ADME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aptus Collared Income Opportunity ETF (ACIO) and Aptus Drawdown Managed Equity ETF (ADME). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ACIO achieves a 7.22% return, which is significantly lower than ADME's 9.81% return.

ACIO

• 1D: -0.55%
• 1M: 3.52%
• YTD: 7.22%
• 6M: 6.40%
• 1Y: 15.88%
• 3Y*: 15.97%
• 5Y*: 10.18%
• 10Y*: —

ADME

• 1D: -0.72%
• 1M: 4.45%
• YTD: 9.81%
• 6M: 8.93%
• 1Y: 20.89%
• 3Y*: 17.40%
• 5Y*: 8.23%
• 10Y*: —

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

ACIO vs. ADME - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ACIO Aptus Collared Income Opportunity ETF	7.22%	9.03%	21.92%	15.90%	-10.31%	18.03%	9.85%	3.32%
ADME Aptus Drawdown Managed Equity ETF	9.81%	10.28%	22.11%	15.42%	-21.80%	20.24%	18.21%	-0.15%

Correlation

The correlation between ACIO and ADME is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (All Time) Calculated using the full available price history since Jul 11, 2019	0.90

The correlation between ACIO and ADME has been stable across timeframes, ranging from 0.90 to 0.97 - a consistent structural relationship.

ACIO vs. ADME - Sectors Allocation Comparison

Sectors	ACIO	ADME
Technology	35.2%	35.2%
Financial Services	11.9%	11.9%
Communication Services	11.3%	11.3%
Consumer Cyclical	10.1%	10.2%
Healthcare	8.4%	8.4%
Industrials	8.3%	8.3%
Consumer Defensive	5.0%	5.0%
Energy	3.6%	3.6%
Utilities	2.4%	2.3%
Real Estate	2.1%	2.0%
Basic Materials	1.7%	1.7%

Return for Risk

ACIO vs. ADME — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ACIO

ACIO Risk / Return Rank: 53
ACIO Sharpe Ratio Rank: 56
ACIO Sortino Ratio Rank: 57
ACIO Omega Ratio Rank: 56
ACIO Calmar Ratio Rank: 44
ACIO Martin Ratio Rank: 52

ADME

ADME Risk / Return Rank: 62
ADME Sharpe Ratio Rank: 62
ADME Sortino Ratio Rank: 64
ADME Omega Ratio Rank: 60
ADME Calmar Ratio Rank: 56
ADME Martin Ratio Rank: 66

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ACIO vs. ADME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aptus Collared Income Opportunity ETF (ACIO) and Aptus Drawdown Managed Equity ETF (ADME). 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.

	ACIO	ADME	Difference
Sharpe ratio: Return per unit of total volatility	1.93	2.11	-0.18
Sortino ratio: Return per unit of downside risk	2.74	3.01	-0.27
Omega ratio: Gain probability vs. loss probability	1.35	1.37	-0.02
Calmar ratio: Return relative to maximum drawdown	2.21	2.80	-0.59
Martin ratio: Return relative to average drawdown	8.84	12.23	-3.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ACIO vs. ADME - Sharpe Ratio Comparison

The current ACIO Sharpe Ratio is 1.93, which is comparable to the ADME Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of ACIO and ADME, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ACIO	ADME	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.93	2.11	-0.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.93	0.64	+0.28
Sharpe Ratio (All Time) Calculated using the full available price history	0.90	0.63	+0.27

Drawdowns

ACIO vs. ADME - Drawdown Comparison

The maximum ACIO drawdown since its inception was -14.19%, smaller than the maximum ADME drawdown of -27.49%. Use the drawdown chart below to compare losses from any high point for ACIO and ADME.

Drawdown Indicators

	ACIO	ADME	Difference
Max Drawdown Largest peak-to-trough decline	-14.19%	-27.49%	+13.30%
Max Drawdown (1Y) Largest decline over 1 year	-7.22%	-7.49%	+0.27%
Max Drawdown (3Y) Largest decline over 3 years	-12.12%	-15.67%	+3.55%
Max Drawdown (5Y) Largest decline over 5 years	-14.00%	-23.43%	+9.43%
Current Drawdown Current decline from peak	-0.64%	-0.72%	+0.08%
Average Drawdown Average peak-to-trough decline	-3.19%	-7.92%	+4.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.80%	1.71%	+0.09%

Volatility

ACIO vs. ADME - Volatility Comparison

The current volatility for Aptus Collared Income Opportunity ETF (ACIO) is 2.18%, while Aptus Drawdown Managed Equity ETF (ADME) has a volatility of 2.99%. This indicates that ACIO experiences smaller price fluctuations and is considered to be less risky than ADME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ACIO	ADME	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.18%	2.99%	-0.81%
Volatility (6M) Calculated over the trailing 6-month period	6.13%	7.69%	-1.56%
Volatility (1Y) Calculated over the trailing 1-year period	8.26%	9.95%	-1.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.05%	12.87%	-1.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.64%	14.40%	-2.76%

ACIO vs. ADME - Expense Ratio Comparison

Both ACIO and ADME have an expense ratio of 0.79%.

Dividends

ACIO vs. ADME - Dividend Comparison

ACIO's dividend yield for the trailing twelve months is around 0.38%, more than ADME's 0.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ACIO Aptus Collared Income Opportunity ETF	0.38%	0.37%	0.44%	0.72%	1.51%	0.61%	1.02%	1.32%	0.00%	0.00%	0.00%
ADME Aptus Drawdown Managed Equity ETF	0.37%	0.38%	0.47%	0.78%	0.73%	0.26%	0.41%	0.70%	0.86%	0.32%	0.69%

Frequently Asked Questions

Can I hold both ACIO and ADME in my portfolio?

With a correlation of 0.96, ACIO and ADME 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, ACIO or ADME?

ADME has higher volatility (2.99%) compared to ACIO (2.18%). In terms of maximum drawdown, ACIO dropped -14.19% vs ADME's -27.49%.

Which ETF is better, ACIO or ADME?

On 5-year performance, ACIO leads with 10.18% vs 8.23% for ADME. Both ETFs have the same 0.79% expense ratio. On volatility, ACIO has been the lower-risk option at 2.18%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ACIO or ADME?

Over the 5-year period, ACIO has performed better with a 10.18% return vs 8.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ACIO or ADME?

ACIO and ADME have the same expense ratio: 0.79% per year.

Which ETF pays a higher dividend yield, ACIO or ADME?

ACIO and ADME have nearly identical dividend yields, around 0.38%.

What is the main difference between ACIO and ADME?

ACIO is categorized as Diversified Portfolio, while ADME is Hedge Fund.

Which has better risk-adjusted returns?

ADME currently has the higher Sharpe Ratio (2.11 vs 1.93), 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.