APUE vs. APIE

Last updated Aug 2, 2026

APUE (ActivePassive U.S. Equity ETF) and APIE (ActivePassive International Equity ETF) are both exchange-traded funds - APUE is a Large Cap Blend Equities fund actively managed by ActivePassive, while APIE is a Foreign Large Cap Equities fund actively managed by ActivePassive. Both are actively managed. Over the past 3 years, APUE returned 19.23%/yr vs 16.96%/yr for APIE. Their 0.70 correlation means they have sometimes moved together and sometimes differently. APUE charges 0.33%/yr vs 0.45%/yr for APIE.

Performance

APUE vs. APIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ActivePassive U.S. Equity ETF (APUE) and ActivePassive International Equity ETF (APIE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, APUE achieves a 10.68% return, which is significantly higher than APIE's 10.03% return.

APUE

• 1D: 0.63%
• 1M: 0.04%
• 6M: 8.67%
• YTD: 10.68%
• 1Y: 22.89%
• 3Y*: 19.23%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.78%

APIE

• 1D: -0.41%
• 1M: 1.39%
• 6M: 4.72%
• YTD: 10.03%
• 1Y: 24.25%
• 3Y*: 16.96%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.16%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
APIE ActivePassive International Equity ETF	$2.42M	$5.08M	$3.15M
APUE ActivePassive U.S. Equity ETF	$3.15M	$10.23M	$6.31M

APUE vs. APIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
APUE ActivePassive U.S. Equity ETF	10.68%	17.49%	23.89%	17.63%
APIE ActivePassive International Equity ETF	10.03%	31.46%	7.37%	7.64%

Correlation

The correlation between APUE and APIE is 0.79, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.79
Correlation (3Y) Balances recent behavior with more history.	0.70
Correlation (All Time) Calculated using the full available price history since May 3, 2023	0.70

The correlation between APUE and APIE has been stable across timeframes, ranging from 0.70 to 0.79 - a consistent structural relationship.

APUE vs. APIE - Sectors Allocation Comparison

Sectors	APUE	APIE
Technology	37.0%	24.5%
Financial Services	12.0%	19.9%
Industrials	10.2%	14.2%
Consumer Cyclical	9.8%	8.6%
Communication Services	9.2%	6.7%
Healthcare	9.1%	9.3%
Consumer Defensive	4.6%	6.5%
Energy	2.9%	2.5%
Basic Materials	2.0%	4.9%
Utilities	1.7%	2.6%
Real Estate	1.5%	0.4%

Return for Risk

APUE vs. APIE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

APUE

APUE Risk / Return Rank: 71
APUE Sharpe Ratio Rank: 71
APUE Sortino Ratio Rank: 70
APUE Omega Ratio Rank: 69
APUE Calmar Ratio Rank: 67
APUE Martin Ratio Rank: 80

APIE

APIE Risk / Return Rank: 58
APIE Sharpe Ratio Rank: 60
APIE Sortino Ratio Rank: 60
APIE Omega Ratio Rank: 57
APIE Calmar Ratio Rank: 53
APIE Martin Ratio Rank: 58

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

APUE vs. APIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ActivePassive U.S. Equity ETF (APUE) and ActivePassive International Equity ETF (APIE). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	APUE	APIE	Difference
Sharpe ratio: Return per unit of total volatility	1.62	1.42	+0.20
Sortino ratio: Return per unit of downside risk	2.27	2.05	+0.22
Omega ratio: Gain probability vs. loss probability	1.29	1.25	+0.04
Calmar ratio: Return relative to maximum drawdown	2.34	1.92	+0.41
Martin ratio: Return relative to average drawdown	10.37	7.04	+3.33

APUE vs. APIE - Sharpe Ratio Comparison

The current APUE Sharpe Ratio is 1.62, which is comparable to the APIE Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of APUE and APIE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

APUE vs. APIE - Drawdown Comparison

The maximum APUE drawdown since its inception was -18.83%, which is greater than APIE's maximum drawdown of -15.94%. Use the drawdown chart below to compare losses from any high point for APUE and APIE.

Drawdown Indicators

	APUE	APIE	Difference
Max Drawdown Largest peak-to-trough decline	-18.83%	-15.94%	-2.89%
Max Drawdown (1Y) Largest decline over 1 year	-8.98%	-12.41%	+3.43%
Max Drawdown (3Y) Largest decline over 3 years	-18.83%	-15.94%	-2.89%
Current Drawdown Current decline from peak	-0.97%	-0.41%	-0.56%
Average Drawdown Average peak-to-trough decline	-2.04%	-2.70%	+0.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.02%	3.38%	-1.36%

Volatility

APUE vs. APIE - Volatility Comparison

The current volatility for ActivePassive U.S. Equity ETF (APUE) is 3.28%, while ActivePassive International Equity ETF (APIE) has a volatility of 4.22%. This indicates that APUE experiences smaller price fluctuations and is considered to be less risky than APIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	APUE	APIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.28%	4.22%	-0.94%
Volatility (6M) Calculated over the trailing 6-month period	10.01%	14.19%	-4.18%
Volatility (1Y) Calculated over the trailing 1-year period	12.94%	16.80%	-3.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.63%	16.88%	-2.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.63%	16.88%	-2.25%

APUE vs. APIE - Expense Ratio Comparison

APUE has a 0.33% expense ratio, which is lower than APIE's 0.45% expense ratio.

Dividends

APUE vs. APIE - Dividend Comparison

APUE's dividend yield for the trailing twelve months is around 0.75%, less than APIE's 3.37% yield.

Position	TTM	2025	2024	2023
APIE ActivePassive International Equity ETF	3.37%	3.71%	2.14%	0.63%
APUE ActivePassive U.S. Equity ETF	0.75%	0.83%	0.79%	0.41%

Frequently Asked Questions

Can I hold both APUE and APIE in my portfolio?

APUE and APIE have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, APUE or APIE?

APIE has higher volatility (4.22%) compared to APUE (3.28%). In terms of maximum drawdown, APUE dropped -18.83% vs APIE's -15.94%.

Which ETF is better, APUE or APIE?

On 3-year performance, APUE leads with 19.23% vs 16.96% for APIE. On fees, APUE is cheaper at 0.33% per year. On volatility, APUE has been the lower-risk option at 3.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, APUE or APIE?

Over the 3-year period, APUE has performed better with a 19.23% return vs 16.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, APUE or APIE?

APUE is cheaper with a 0.33% expense ratio, compared with 0.45% for APIE.

Which ETF pays a higher dividend yield, APUE or APIE?

APIE has the higher dividend yield at 3.37%, compared with 0.75% for APUE.

What is the main difference between APUE and APIE?

APUE is categorized as Large Cap Blend Equities, while APIE is Foreign Large Cap Equities. Their fees differ too: 0.33% for APUE and 0.45% for APIE.

Which has better risk-adjusted returns?

APUE currently has the higher Sharpe Ratio (1.62 vs 1.42), 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.