ACIO vs. DRAI

Last updated Jun 4, 2026

ACIO (Aptus Collared Income Opportunity ETF) and DRAI (Draco Evolution AI ETF) are both Diversified Portfolio funds. Both are actively managed. Over the past year, ACIO returned 15.88% vs 41.96% for DRAI. Their correlation of 0.83 suggests significant overlap in exposure. ACIO charges 0.79%/yr vs 1.50%/yr for DRAI.

Performance

ACIO vs. DRAI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aptus Collared Income Opportunity ETF (ACIO) and Draco Evolution AI ETF (DRAI). 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 DRAI's 18.51% return.

ACIO

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

DRAI

• 1D: -0.50%
• 1M: 7.63%
• YTD: 18.51%
• 6M: 16.55%
• 1Y: 41.96%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ACIO vs. DRAI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ACIO Aptus Collared Income Opportunity ETF	7.22%	9.03%	4.25%
DRAI Draco Evolution AI ETF	18.51%	33.68%	-7.70%

Correlation

The correlation between ACIO and DRAI is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jul 11, 2024	0.83

The correlation between ACIO and DRAI has been stable across timeframes, ranging from 0.83 to 0.84 - a consistent structural relationship.

ACIO vs. DRAI - Sectors Allocation Comparison

Sectors	ACIO	DRAI
Technology	35.2%	45.2%
Financial Services	11.9%	7.9%
Communication Services	11.3%	10.9%
Consumer Cyclical	10.1%	10.1%
Healthcare	8.4%	7.0%
Industrials	8.3%	6.6%
Consumer Defensive	5.0%	5.3%
Energy	3.6%	2.4%
Utilities	2.4%	1.8%
Real Estate	2.1%	1.3%
Basic Materials	1.7%	1.7%

Return for Risk

ACIO vs. DRAI — 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

DRAI

DRAI Risk / Return Rank: 87
DRAI Sharpe Ratio Rank: 88
DRAI Sortino Ratio Rank: 86
DRAI Omega Ratio Rank: 88
DRAI Calmar Ratio Rank: 91
DRAI Martin Ratio Rank: 82

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. DRAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aptus Collared Income Opportunity ETF (ACIO) and Draco Evolution AI ETF (DRAI). 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	DRAI	Difference
Sharpe ratio: Return per unit of total volatility	1.93	2.95	-1.02
Sortino ratio: Return per unit of downside risk	2.74	3.91	-1.17
Omega ratio: Gain probability vs. loss probability	1.35	1.55	-0.20
Calmar ratio: Return relative to maximum drawdown	2.21	5.84	-3.63
Martin ratio: Return relative to average drawdown	8.84	16.23	-7.39
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. DRAI - Sharpe Ratio Comparison

The current ACIO Sharpe Ratio is 1.93, which is lower than the DRAI Sharpe Ratio of 2.95. The chart below compares the historical Sharpe Ratios of ACIO and DRAI, 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	DRAI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.93	2.95	-1.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.93	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.90	1.33	-0.43

Drawdowns

ACIO vs. DRAI - Drawdown Comparison

The maximum ACIO drawdown since its inception was -14.19%, roughly equal to the maximum DRAI drawdown of -13.69%. Use the drawdown chart below to compare losses from any high point for ACIO and DRAI.

Drawdown Indicators

	ACIO	DRAI	Difference
Max Drawdown Largest peak-to-trough decline	-14.19%	-13.69%	-0.50%
Max Drawdown (1Y) Largest decline over 1 year	-7.22%	-7.22%	0.00%
Max Drawdown (3Y) Largest decline over 3 years	-12.12%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-14.00%	—	—
Current Drawdown Current decline from peak	-0.64%	-0.50%	-0.14%
Average Drawdown Average peak-to-trough decline	-3.19%	-4.08%	+0.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.80%	2.59%	-0.79%

Volatility

ACIO vs. DRAI - Volatility Comparison

The current volatility for Aptus Collared Income Opportunity ETF (ACIO) is 2.18%, while Draco Evolution AI ETF (DRAI) has a volatility of 5.23%. This indicates that ACIO experiences smaller price fluctuations and is considered to be less risky than DRAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ACIO	DRAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.18%	5.23%	-3.05%
Volatility (6M) Calculated over the trailing 6-month period	6.13%	9.87%	-3.74%
Volatility (1Y) Calculated over the trailing 1-year period	8.26%	14.37%	-6.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.05%	16.75%	-5.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.64%	16.75%	-5.11%

ACIO vs. DRAI - Expense Ratio Comparison

ACIO has a 0.79% expense ratio, which is lower than DRAI's 1.50% expense ratio.

Dividends

ACIO vs. DRAI - Dividend Comparison

ACIO's dividend yield for the trailing twelve months is around 0.38%, less than DRAI's 1.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
ACIO Aptus Collared Income Opportunity ETF	0.38%	0.37%	0.44%	0.72%	1.51%	0.61%	1.02%	1.32%
DRAI Draco Evolution AI ETF	1.30%	1.48%	2.18%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ACIO and DRAI in my portfolio?

ACIO and DRAI have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ACIO or DRAI?

DRAI has higher volatility (5.23%) compared to ACIO (2.18%). In terms of maximum drawdown, ACIO dropped -14.19% vs DRAI's -13.69%.

Which ETF is better, ACIO or DRAI?

On 1-year performance, DRAI leads with 41.96% vs 15.88% for ACIO. On fees, ACIO is cheaper at 0.79% per year. 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 DRAI?

Over the 1-year period, DRAI has performed better with a 41.96% return vs 15.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ACIO or DRAI?

ACIO is cheaper with a 0.79% expense ratio, compared with 1.50% for DRAI.

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

DRAI has the higher dividend yield at 1.30%, compared with 0.38% for ACIO.

What is the main difference between ACIO and DRAI?

They also come from different issuers: Aptus Capital Advisors and Draco Evolution. Their fees differ too: 0.79% for ACIO and 1.50% for DRAI.

Which has better risk-adjusted returns?

DRAI currently has the higher Sharpe Ratio (2.95 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.