LCO vs. MDAA

Last updated Jun 4, 2026

LCO (LOGIQ Contrarian Opportunities ETF) and MDAA (Myriad Dynamic Asset Allocation ETF) are both Diversified Portfolio funds. Both are actively managed. Their correlation of 0.81 suggests significant overlap in exposure. LCO charges 1.13%/yr vs 0.97%/yr for MDAA.

Performance

LCO vs. MDAA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LOGIQ Contrarian Opportunities ETF (LCO) and Myriad Dynamic Asset Allocation ETF (MDAA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LCO

• 1D: -1.30%
• 1M: 4.15%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MDAA

• 1D: -1.11%
• 1M: 8.24%
• YTD: 22.13%
• 6M: 22.52%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LCO vs. MDAA - Yearly Performance Comparison

	2026 (YTD)
LCO LOGIQ Contrarian Opportunities ETF	14.19%
MDAA Myriad Dynamic Asset Allocation ETF	18.16%

Correlation

The correlation between LCO and MDAA is 0.81, 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 Jan 9, 2026	0.81

Return for Risk

LCO vs. MDAA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LOGIQ Contrarian Opportunities ETF (LCO) and Myriad Dynamic Asset Allocation ETF (MDAA). 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.

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

Sharpe Ratios by Period

	LCO	MDAA	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.62	1.47	+0.16

Drawdowns

LCO vs. MDAA - Drawdown Comparison

The maximum LCO drawdown since its inception was -11.20%, smaller than the maximum MDAA drawdown of -14.59%. Use the drawdown chart below to compare losses from any high point for LCO and MDAA.

Drawdown Indicators

	LCO	MDAA	Difference
Max Drawdown Largest peak-to-trough decline	-11.20%	-14.59%	+3.39%
Current Drawdown Current decline from peak	-1.30%	-1.11%	-0.19%
Average Drawdown Average peak-to-trough decline	-4.52%	-2.93%	-1.59%

Volatility

Volatility by Period

	LCO	MDAA	Difference
Volatility (1Y) Calculated over the trailing 1-year period	24.63%	23.89%	+0.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.63%	23.89%	+0.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.63%	23.89%	+0.74%

LCO vs. MDAA - Expense Ratio Comparison

LCO has a 1.13% expense ratio, which is higher than MDAA's 0.97% expense ratio.

Dividends

LCO vs. MDAA - Dividend Comparison

LCO has not paid dividends to shareholders, while MDAA's dividend yield for the trailing twelve months is around 0.38%.

Position	TTM	2025
LCO LOGIQ Contrarian Opportunities ETF	0.00%	0.00%
MDAA Myriad Dynamic Asset Allocation ETF	0.38%	0.46%

Frequently Asked Questions

Can I hold both LCO and MDAA in my portfolio?

LCO and MDAA have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LCO or MDAA?

On fees, MDAA is cheaper at 0.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LCO or MDAA?

MDAA is cheaper with a 0.97% expense ratio, compared with 1.13% for LCO.

Which ETF pays a higher dividend yield, LCO or MDAA?

MDAA has the higher dividend yield at 0.38%, compared with 0.00% for LCO.

What is the main difference between LCO and MDAA?

They also come from different issuers: LOGIQ and Myriad. Their fees differ too: 1.13% for LCO and 0.97% for MDAA.