CNAV vs. ACEP

Last updated Aug 4, 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 0.77 correlation means they have sometimes moved together and sometimes differently. 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 26.09% return, which is significantly higher than ACEP's 22.58% return.

CNAV

• 1D: 1.27%
• 1M: -8.86%
• 6M: 17.58%
• YTD: 26.09%
• 1Y: 40.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 27.47%

ACEP

• 1D: 0.56%
• 1M: 1.67%
• 6M: 12.04%
• YTD: 22.58%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*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)
ACEP ARS Core Equity Portfolio ETF	$21.90K	$29.60K	$49.01K
CNAV Mohr Company Nav ETF	$251.45K	$267.46K	$338.99K

CNAV vs. ACEP - Yearly Performance Comparison

	2026 (YTD)	2025
CNAV Mohr Company Nav ETF	26.09%	7.56%
ACEP ARS Core Equity Portfolio ETF	22.58%	8.00%

Correlation

The correlation between CNAV and ACEP is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 21, 2025	0.77

Return for Risk

CNAV vs. ACEP — Risk / Return Rank

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

CNAV

CNAV Risk / Return Rank: 47
CNAV Sharpe Ratio Rank: 46
CNAV Sortino Ratio Rank: 43
CNAV Omega Ratio Rank: 46
CNAV Calmar Ratio Rank: 42
CNAV Martin Ratio Rank: 55

ACEP

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

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.

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.

	CNAV	ACEP	Difference
Sharpe ratio: Return per unit of total volatility	1.20	—	—
Sortino ratio: Return per unit of downside risk	1.69	—	—
Omega ratio: Gain probability vs. loss probability	1.23	—	—
Calmar ratio: Return relative to maximum drawdown	1.59	—	—
Martin ratio: Return relative to average drawdown	6.95	—	—

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	-25.80%	—	—
Current Drawdown Current decline from peak	-19.14%	-2.10%	-17.04%
Average Drawdown Average peak-to-trough decline	-5.87%	-1.75%	-4.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.91%	—	—

Volatility

Volatility by Period

	CNAV	ACEP	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.11%	—	—
Volatility (6M) Calculated over the trailing 6-month period	31.52%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	34.30%	16.86%	+17.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.42%	16.86%	+14.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.42%	16.86%	+14.56%

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 0.77, 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.