CNAV vs. ACEP

Last updated Jun 6, 2026

CNAV (Mohr Company Nav ETF) and ACEP (ARS Core Equity Portfolio ETF) are both Large Cap Blend Equities funds. Both are actively managed. Their correlation of 0.85 suggests significant overlap in exposure. CNAV charges 1.31%/yr vs 0.45%/yr for ACEP.

Performance

CNAV vs. ACEP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mohr Company Nav ETF (CNAV) and ARS Core Equity Portfolio ETF (ACEP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CNAV achieves a 34.15% return, which is significantly higher than ACEP's 20.12% return.

CNAV

• 1D: -7.71%
• 1M: 3.16%
• YTD: 34.15%
• 6M: 33.13%
• 1Y: 56.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ACEP

• 1D: -3.30%
• 1M: 1.42%
• YTD: 20.12%
• 6M: 22.09%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CNAV vs. ACEP - Yearly Performance Comparison

	2026 (YTD)	2025
CNAV Mohr Company Nav ETF	34.15%	5.97%
ACEP ARS Core Equity Portfolio ETF	20.12%	7.88%

Correlation

The correlation between CNAV and ACEP is 0.85, 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 Nov 24, 2025	0.85

Return for Risk

CNAV vs. ACEP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CNAV

CNAV Risk / Return Rank: 75
CNAV Sharpe Ratio Rank: 71
CNAV Sortino Ratio Rank: 63
CNAV Omega Ratio Rank: 67
CNAV Calmar Ratio Rank: 85
CNAV Martin Ratio Rank: 88

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.

CNAV vs. ACEP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mohr Company Nav ETF (CNAV) and ARS Core Equity Portfolio ETF (ACEP). 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.

	CNAV	ACEP	Difference
Sharpe ratio: Return per unit of total volatility	2.16	—	—
Sortino ratio: Return per unit of downside risk	2.72	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	4.38	—	—
Martin ratio: Return relative to average drawdown	18.41	—	—
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

	CNAV	ACEP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.16	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.29	3.57	-2.28

Drawdowns

CNAV vs. ACEP - Drawdown Comparison

The maximum CNAV drawdown since its inception was -30.06%, which is greater than ACEP's maximum drawdown of -7.06%. Use the drawdown chart below to compare losses from any high point for CNAV and ACEP.

Drawdown Indicators

	CNAV	ACEP	Difference
Max Drawdown Largest peak-to-trough decline	-30.06%	-7.06%	-23.00%
Max Drawdown (1Y) Largest decline over 1 year	-12.97%	—	—
Current Drawdown Current decline from peak	-8.90%	-4.06%	-4.84%
Average Drawdown Average peak-to-trough decline	-5.42%	-1.42%	-4.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.08%	—	—

Volatility

Volatility by Period

	CNAV	ACEP	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.56%	—	—
Volatility (6M) Calculated over the trailing 6-month period	22.65%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	26.34%	17.83%	+8.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.80%	17.83%	+9.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.80%	17.83%	+9.97%

CNAV vs. ACEP - Expense Ratio Comparison

CNAV has a 1.31% expense ratio, which is higher than ACEP's 0.45% expense ratio.

Dividends

CNAV vs. ACEP - Dividend Comparison

CNAV has not paid dividends to shareholders, while ACEP's dividend yield for the trailing twelve months is around 0.11%.

Position	TTM	2025
ACEP ARS Core Equity Portfolio ETF	0.11%	0.14%
CNAV Mohr Company Nav ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both CNAV and ACEP in my portfolio?

CNAV and ACEP have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CNAV or ACEP?

On fees, ACEP is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CNAV or ACEP?

ACEP is cheaper with a 0.45% expense ratio, compared with 1.31% for CNAV.

Which ETF pays a higher dividend yield, CNAV or ACEP?

ACEP has the higher dividend yield at 0.11%, compared with 0.00% for CNAV.

What is the main difference between CNAV and ACEP?

They also come from different issuers: Mohr and ARS Investment Partners. Their fees differ too: 1.31% for CNAV and 0.45% for ACEP.