ACIO vs. SPY
Compare and contrast key facts about Aptus Collared Income Opportunity ETF (ACIO) and SPDR S&P 500 ETF (SPY).
ACIO and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ACIO is an actively managed fund by Aptus Capital Advisors. It was launched on Jul 10, 2019. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ACIO or SPY.
Performance
ACIO vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, ACIO achieves a 22.66% return, which is significantly lower than SPY's 25.41% return.
ACIO
22.66%
0.37%
11.03%
26.94%
11.14%
N/A
SPY
25.41%
1.18%
12.15%
32.04%
15.51%
13.07%
Key characteristics
| ACIO | SPY | |
|---|---|---|
| Sharpe Ratio | 2.90 | 2.62 |
| Sortino Ratio | 4.10 | 3.50 |
| Omega Ratio | 1.54 | 1.49 |
| Calmar Ratio | 5.11 | 3.78 |
| Martin Ratio | 21.47 | 17.00 |
| Ulcer Index | 1.23% | 1.87% |
| Daily Std Dev | 9.13% | 12.14% |
| Max Drawdown | -14.19% | -55.19% |
| Current Drawdown | -1.38% | -1.38% |
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ACIO vs. SPY - Expense Ratio Comparison
ACIO has a 0.79% expense ratio, which is higher than SPY's 0.09% expense ratio.
Correlation
The correlation between ACIO and SPY is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
ACIO vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aptus Collared Income Opportunity ETF (ACIO) and SPDR S&P 500 ETF (SPY). 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.
Dividends
ACIO vs. SPY - Dividend Comparison
ACIO's dividend yield for the trailing twelve months is around 0.52%, less than SPY's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACIO Aptus Collared Income Opportunity ETF | 0.52% | 0.72% | 1.51% | 0.61% | 1.02% | 1.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
ACIO vs. SPY - Drawdown Comparison
The maximum ACIO drawdown since its inception was -14.19%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ACIO and SPY. For additional features, visit the drawdowns tool.
Volatility
ACIO vs. SPY - Volatility Comparison
The current volatility for Aptus Collared Income Opportunity ETF (ACIO) is 3.26%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.09%. This indicates that ACIO experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.