MDAA vs. LCO

Last updated Aug 2, 2026

MDAA (Myriad Dynamic Asset Allocation ETF) and LCO (LOGIQ Contrarian Opportunities ETF) are both Diversified Portfolio funds. Both are actively managed. Their correlation of 0.83 means they have usually moved in the same direction. MDAA charges 0.97%/yr vs 1.13%/yr for LCO.

Performance

MDAA vs. LCO - Performance Comparison

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

Returns By Period

MDAA

• 1D: 1.17%
• 1M: -1.05%
• 6M: 6.38%
• YTD: 14.47%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

LCO

• 1D: -0.44%
• 1M: -2.48%
• 6M: -3.22%
• YTD: —
• 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)
LCO LOGIQ Contrarian Opportunities ETF	$390.19	$330.48	$1.34K
MDAA Myriad Dynamic Asset Allocation ETF	$2.14K	$4.90K	$43.45K

MDAA vs. LCO - Yearly Performance Comparison

	2026 (YTD)
MDAA Myriad Dynamic Asset Allocation ETF	10.37%
LCO LOGIQ Contrarian Opportunities ETF	2.71%

Correlation

The correlation between MDAA and LCO is 0.83, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 8, 2026	0.83

Return for Risk

MDAA vs. LCO - Risk-Adjusted Trends Comparison

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

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

Drawdowns

MDAA vs. LCO - Drawdown Comparison

The maximum MDAA drawdown since its inception was -14.59%, roughly equal to the maximum LCO drawdown of -14.32%. Use the drawdown chart below to compare losses from any high point for MDAA and LCO.

Drawdown Indicators

	MDAA	LCO	Difference
Max Drawdown Largest peak-to-trough decline	-14.59%	-14.32%	-0.27%
Current Drawdown Current decline from peak	-7.31%	-11.22%	+3.91%
Average Drawdown Average peak-to-trough decline	-3.52%	-5.46%	+1.94%

Volatility

Volatility by Period

	MDAA	LCO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	24.54%	25.67%	-1.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.54%	25.67%	-1.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.54%	25.67%	-1.13%

MDAA vs. LCO - Expense Ratio Comparison

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

Dividends

MDAA vs. LCO - Dividend Comparison

MDAA's dividend yield for the trailing twelve months is around 0.40%, while LCO has not paid dividends to shareholders.

Position	TTM	2025
LCO LOGIQ Contrarian Opportunities ETF	0.00%	0.00%
MDAA Myriad Dynamic Asset Allocation ETF	0.40%	0.46%

Frequently Asked Questions

Can I hold both MDAA and LCO in my portfolio?

MDAA and LCO have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MDAA or LCO?

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, MDAA or LCO?

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

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

MDAA has the higher dividend yield at 0.40%, compared with 0.00% for LCO.

What is the main difference between MDAA and LCO?

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