GTR vs. ACIO

Last updated Jun 4, 2026

GTR (WisdomTree Target Range Fund) and ACIO (Aptus Collared Income Opportunity ETF) are both exchange-traded funds - GTR is a Options Trading fund actively managed by WisdomTree, while ACIO is a Diversified Portfolio fund actively managed by Aptus Capital Advisors. Both are actively managed. Over the past 3 years, GTR returned 12.60%/yr vs 15.97%/yr for ACIO. Their correlation of 0.85 suggests significant overlap in exposure. GTR charges 0.70%/yr vs 0.79%/yr for ACIO.

Performance

GTR vs. ACIO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Target Range Fund (GTR) and Aptus Collared Income Opportunity ETF (ACIO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GTR achieves a 8.14% return, which is significantly higher than ACIO's 7.22% return.

GTR

• 1D: -0.40%
• 1M: 2.64%
• YTD: 8.14%
• 6M: 8.47%
• 1Y: 19.55%
• 3Y*: 12.60%
• 5Y*: —
• 10Y*: —

ACIO

• 1D: -0.55%
• 1M: 3.52%
• YTD: 7.22%
• 6M: 6.40%
• 1Y: 15.88%
• 3Y*: 15.97%
• 5Y*: 10.18%
• 10Y*: —

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

GTR vs. ACIO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
GTR WisdomTree Target Range Fund	8.14%	12.90%	8.41%	12.45%	-19.07%	3.77%
ACIO Aptus Collared Income Opportunity ETF	7.22%	9.03%	21.92%	15.90%	-10.31%	7.35%

Correlation

The correlation between GTR and ACIO is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (All Time) Calculated using the full available price history since Oct 8, 2021	0.85

The correlation between GTR and ACIO has been stable across timeframes, ranging from 0.84 to 0.90 - a consistent structural relationship.

GTR vs. ACIO - Sectors Allocation Comparison

Sectors	GTR	ACIO
Technology	27.5%	35.2%
Financial Services	15.9%	11.9%
Industrials	12.1%	8.3%
Healthcare	9.8%	8.4%
Consumer Cyclical	9.3%	10.1%
Communication Services	7.7%	11.3%
Consumer Defensive	4.4%	5.0%
Energy	4.2%	3.6%
Basic Materials	3.7%	1.7%
Utilities	2.7%	2.4%
Real Estate	2.7%	2.1%

Return for Risk

GTR vs. ACIO — Risk / Return Rank

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

GTR

GTR Risk / Return Rank: 65
GTR Sharpe Ratio Rank: 63
GTR Sortino Ratio Rank: 64
GTR Omega Ratio Rank: 62
GTR Calmar Ratio Rank: 67
GTR Martin Ratio Rank: 71

ACIO

ACIO Risk / Return Rank: 53
ACIO Sharpe Ratio Rank: 56
ACIO Sortino Ratio Rank: 57
ACIO Omega Ratio Rank: 56
ACIO Calmar Ratio Rank: 44
ACIO Martin Ratio Rank: 52

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.

GTR vs. ACIO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Target Range Fund (GTR) and Aptus Collared Income Opportunity ETF (ACIO). 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.

	GTR	ACIO	Difference
Sharpe ratio: Return per unit of total volatility	2.08	1.93	+0.15
Sortino ratio: Return per unit of downside risk	2.95	2.74	+0.22
Omega ratio: Gain probability vs. loss probability	1.37	1.35	+0.02
Calmar ratio: Return relative to maximum drawdown	3.29	2.21	+1.08
Martin ratio: Return relative to average drawdown	13.05	8.84	+4.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GTR vs. ACIO - Sharpe Ratio Comparison

The current GTR Sharpe Ratio is 2.08, which is comparable to the ACIO Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of GTR and ACIO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GTR	ACIO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.08	1.93	+0.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.93	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.90	-0.45

Drawdowns

GTR vs. ACIO - Drawdown Comparison

The maximum GTR drawdown since its inception was -21.44%, which is greater than ACIO's maximum drawdown of -14.19%. Use the drawdown chart below to compare losses from any high point for GTR and ACIO.

Drawdown Indicators

	GTR	ACIO	Difference
Max Drawdown Largest peak-to-trough decline	-21.44%	-14.19%	-7.25%
Max Drawdown (1Y) Largest decline over 1 year	-5.97%	-7.22%	+1.25%
Max Drawdown (3Y) Largest decline over 3 years	-12.88%	-12.12%	-0.76%
Max Drawdown (5Y) Largest decline over 5 years	—	-14.00%	—
Current Drawdown Current decline from peak	-0.40%	-0.64%	+0.24%
Average Drawdown Average peak-to-trough decline	-8.64%	-3.19%	-5.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.50%	1.80%	-0.30%

Volatility

GTR vs. ACIO - Volatility Comparison

WisdomTree Target Range Fund (GTR) has a higher volatility of 2.43% compared to Aptus Collared Income Opportunity ETF (ACIO) at 2.18%. This indicates that GTR's price experiences larger fluctuations and is considered to be riskier than ACIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GTR	ACIO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.43%	2.18%	+0.25%
Volatility (6M) Calculated over the trailing 6-month period	6.88%	6.13%	+0.75%
Volatility (1Y) Calculated over the trailing 1-year period	9.45%	8.26%	+1.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.86%	11.05%	-0.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.86%	11.64%	-0.78%

GTR vs. ACIO - Expense Ratio Comparison

GTR has a 0.70% expense ratio, which is lower than ACIO's 0.79% expense ratio.

Dividends

GTR vs. ACIO - Dividend Comparison

GTR's dividend yield for the trailing twelve months is around 5.31%, more than ACIO's 0.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
ACIO Aptus Collared Income Opportunity ETF	0.38%	0.37%	0.44%	0.72%	1.51%	0.61%	1.02%	1.32%
GTR WisdomTree Target Range Fund	5.31%	5.74%	5.30%	2.85%	0.46%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GTR and ACIO in my portfolio?

GTR and ACIO have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GTR or ACIO?

GTR has higher volatility (2.43%) compared to ACIO (2.18%). In terms of maximum drawdown, GTR dropped -21.44% vs ACIO's -14.19%.

Which ETF is better, GTR or ACIO?

On 3-year performance, ACIO leads with 15.97% vs 12.60% for GTR. On fees, GTR is cheaper at 0.70% per year. On volatility, ACIO has been the lower-risk option at 2.18%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GTR or ACIO?

Over the 3-year period, ACIO has performed better with a 15.97% return vs 12.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GTR or ACIO?

GTR is cheaper with a 0.70% expense ratio, compared with 0.79% for ACIO.

Which ETF pays a higher dividend yield, GTR or ACIO?

GTR has the higher dividend yield at 5.31%, compared with 0.38% for ACIO.

What is the main difference between GTR and ACIO?

GTR is categorized as Options Trading, while ACIO is Diversified Portfolio. They also come from different issuers: WisdomTree and Aptus Capital Advisors. Their fees differ too: 0.70% for GTR and 0.79% for ACIO.

Which has better risk-adjusted returns?

GTR currently has the higher Sharpe Ratio (2.08 vs 1.93), 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.