ADME vs. PUTW
Compare and contrast key facts about Aptus Drawdown Managed Equity ETF (ADME) and WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW).
ADME and PUTW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ADME is a passively managed fund by Aptus Capital Advisors that tracks the performance of the Aptus Behavioral Momentum Index. It was launched on Jun 8, 2016. PUTW is a passively managed fund by WisdomTree that tracks the performance of the CBOE S&P 500 PutWrite Index. It was launched on Feb 24, 2016. Both ADME and PUTW are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ADME or PUTW.
Correlation
The correlation between ADME and PUTW is 0.79, 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.
Performance
ADME vs. PUTW - Performance Comparison
Key characteristics
ADME:
0.48
PUTW:
0.51
ADME:
0.76
PUTW:
0.75
ADME:
1.11
PUTW:
1.12
ADME:
0.47
PUTW:
0.52
ADME:
1.78
PUTW:
2.14
ADME:
4.17%
PUTW:
3.41%
ADME:
15.41%
PUTW:
14.32%
ADME:
-27.49%
PUTW:
-28.40%
ADME:
-10.18%
PUTW:
-8.35%
Returns By Period
In the year-to-date period, ADME achieves a -6.74% return, which is significantly lower than PUTW's -4.67% return.
ADME
-6.74%
-3.44%
-6.37%
7.87%
8.41%
N/A
PUTW
-4.67%
-3.11%
-3.58%
6.67%
11.80%
N/A
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ADME vs. PUTW - Expense Ratio Comparison
ADME has a 0.79% expense ratio, which is higher than PUTW's 0.44% expense ratio.
Risk-Adjusted Performance
ADME vs. PUTW — Risk-Adjusted Performance Rank
ADME
PUTW
ADME vs. PUTW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aptus Drawdown Managed Equity ETF (ADME) and WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW). 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
ADME vs. PUTW - Dividend Comparison
ADME's dividend yield for the trailing twelve months is around 0.48%, less than PUTW's 11.83% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
ADME Aptus Drawdown Managed Equity ETF | 0.48% | 0.47% | 0.78% | 0.74% | 0.26% | 0.41% | 0.69% | 0.86% | 0.32% | 0.69% |
PUTW WisdomTree CBOE S&P 500 PutWrite Strategy Fund | 11.83% | 11.99% | 8.94% | 3.27% | 0.00% | 1.43% | 1.47% | 6.46% | 3.52% | 2.27% |
Drawdowns
ADME vs. PUTW - Drawdown Comparison
The maximum ADME drawdown since its inception was -27.49%, roughly equal to the maximum PUTW drawdown of -28.40%. Use the drawdown chart below to compare losses from any high point for ADME and PUTW. For additional features, visit the drawdowns tool.
Volatility
ADME vs. PUTW - Volatility Comparison
Aptus Drawdown Managed Equity ETF (ADME) and WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW) have volatilities of 10.30% and 9.81%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.