ACIO vs. OCTB

Last updated Jun 4, 2026

ACIO (Aptus Collared Income Opportunity ETF) and OCTB (Aptus October Buffer ETF) are both exchange-traded funds - ACIO is a Diversified Portfolio fund actively managed by Aptus Capital Advisors, while OCTB is a Defined Outcome fund actively managed by Aptus Capital Advisors. Both are actively managed. Their correlation of 0.93 suggests significant overlap in exposure. ACIO charges 0.79%/yr vs 0.25%/yr for OCTB.

Performance

ACIO vs. OCTB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aptus Collared Income Opportunity ETF (ACIO) and Aptus October Buffer ETF (OCTB). 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 higher than OCTB's 6.18% return.

ACIO

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

OCTB

• 1D: -0.17%
• 1M: 2.41%
• YTD: 6.18%
• 6M: 6.75%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ACIO vs. OCTB - Yearly Performance Comparison

	2026 (YTD)	2025
ACIO Aptus Collared Income Opportunity ETF	7.22%	0.65%
OCTB Aptus October Buffer ETF	6.18%	2.37%

Correlation

The correlation between ACIO and OCTB is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 15, 2025	0.93

Return for Risk

ACIO vs. OCTB — 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

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. OCTB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aptus Collared Income Opportunity ETF (ACIO) and Aptus October Buffer ETF (OCTB). 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	OCTB	Difference
Sharpe ratio: Return per unit of total volatility	1.93	—	—
Sortino ratio: Return per unit of downside risk	2.74	—	—
Omega ratio: Gain probability vs. loss probability	1.35	—	—
Calmar ratio: Return relative to maximum drawdown	2.21	—	—
Martin ratio: Return relative to average drawdown	8.84	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ACIO	OCTB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.93	—	—
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	1.97	-1.07

Drawdowns

ACIO vs. OCTB - Drawdown Comparison

The maximum ACIO drawdown since its inception was -14.19%, which is greater than OCTB's maximum drawdown of -4.79%. Use the drawdown chart below to compare losses from any high point for ACIO and OCTB.

Drawdown Indicators

	ACIO	OCTB	Difference
Max Drawdown Largest peak-to-trough decline	-14.19%	-4.79%	-9.40%
Max Drawdown (1Y) Largest decline over 1 year	-7.22%	—	—
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%	-0.17%	-0.47%
Average Drawdown Average peak-to-trough decline	-3.19%	-0.70%	-2.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.80%	—	—

Volatility

Volatility by Period

	ACIO	OCTB	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.18%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.13%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.26%	7.20%	+1.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.05%	7.20%	+3.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.64%	7.20%	+4.44%

ACIO vs. OCTB - Expense Ratio Comparison

ACIO has a 0.79% expense ratio, which is higher than OCTB's 0.25% expense ratio.

Dividends

ACIO vs. OCTB - Dividend Comparison

ACIO's dividend yield for the trailing twelve months is around 0.38%, while OCTB has not paid dividends to shareholders.

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%
OCTB Aptus October Buffer ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ACIO and OCTB in my portfolio?

With a correlation of 0.93, ACIO and OCTB 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 ETF is better, ACIO or OCTB?

On fees, OCTB is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ACIO or OCTB?

OCTB is cheaper with a 0.25% expense ratio, compared with 0.79% for ACIO.

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

ACIO has the higher dividend yield at 0.38%, compared with 0.00% for OCTB.

What is the main difference between ACIO and OCTB?

ACIO is categorized as Diversified Portfolio, while OCTB is Defined Outcome. Their fees differ too: 0.79% for ACIO and 0.25% for OCTB.