QUS vs. ACEP

Last updated Aug 6, 2026

QUS (State Street SPDR MSCI USA StrategicFactors ETF) and ACEP (ARS Core Equity Portfolio ETF) are both Large Cap Blend Equities funds. QUS is passively managed, while ACEP is actively managed. Their 0.68 correlation means they have sometimes moved together and sometimes differently. QUS charges 0.15%/yr vs 0.45%/yr for ACEP.

Performance

QUS vs. ACEP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street SPDR MSCI USA StrategicFactors ETF (QUS) 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, QUS achieves a 11.79% return, which is significantly lower than ACEP's 24.65% return.

QUS

• 1D: 0.02%
• 1M: 2.61%
• 6M: 9.40%
• YTD: 11.79%
• 1Y: 20.72%
• 3Y*: 17.66%
• 5Y*: 11.08%
• 10Y*: 13.70%
• ALL TIME*: 12.88%

ACEP

• 1D: 0.02%
• 1M: 2.51%
• 6M: 15.44%
• YTD: 24.65%
• 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	$36.53K	$36.84K	$48.24K
QUS State Street SPDR MSCI USA StrategicFactors ETF	$3.07M	$4.72M	$3.42M

QUS vs. ACEP - Yearly Performance Comparison

	2026 (YTD)	2025
QUS State Street SPDR MSCI USA StrategicFactors ETF	11.79%	4.33%
ACEP ARS Core Equity Portfolio ETF	24.65%	8.00%

Correlation

The correlation between QUS and ACEP is 0.68, 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	0.68

QUS vs. ACEP - Sectors Allocation Comparison

Sectors	QUS	ACEP
Technology	28.4%	34.3%
Financial Services	15.7%	14.4%
Healthcare	14.4%	8.2%
Consumer Defensive	8.3%	1.9%
Communication Services	8.2%	1.2%
Industrials	8.1%	12.1%
Consumer Cyclical	5.7%	2.8%
Utilities	3.9%	-
Energy	3.3%	12.5%
Basic Materials	2.2%	11.1%
Real Estate	1.6%	1.6%

Return for Risk

QUS vs. ACEP — Risk / Return Rank

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

QUS

QUS Risk / Return Rank: 84
QUS Sharpe Ratio Rank: 87
QUS Sortino Ratio Rank: 87
QUS Omega Ratio Rank: 86
QUS Calmar Ratio Rank: 76
QUS Martin Ratio Rank: 85

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.

QUS vs. ACEP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street SPDR MSCI USA StrategicFactors ETF (QUS) 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.

	QUS	ACEP	Difference
Sharpe ratio: Return per unit of total volatility	2.27	—	—
Sortino ratio: Return per unit of downside risk	3.20	—	—
Omega ratio: Gain probability vs. loss probability	1.41	—	—
Calmar ratio: Return relative to maximum drawdown	3.04	—	—
Martin ratio: Return relative to average drawdown	13.56	—	—

Drawdowns

QUS vs. ACEP - Drawdown Comparison

The maximum QUS drawdown since its inception was -33.78%, which is greater than ACEP's maximum drawdown of -7.06%. Use the drawdown chart below to compare losses from any high point for QUS and ACEP.

Drawdown Indicators

	QUS	ACEP	Difference
Max Drawdown Largest peak-to-trough decline	-33.78%	-7.06%	-26.72%
Max Drawdown (1Y) Largest decline over 1 year	-6.85%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-13.94%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.30%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.78%	—	—
Current Drawdown Current decline from peak	0.00%	-0.44%	+0.44%
Average Drawdown Average peak-to-trough decline	-3.66%	-1.74%	-1.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.53%	—	—

Volatility

Volatility by Period

	QUS	ACEP	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.76%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.06%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.21%	16.86%	-7.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.33%	16.86%	-2.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.40%	16.86%	-0.46%

QUS vs. ACEP - Expense Ratio Comparison

QUS has a 0.15% expense ratio, which is lower than ACEP's 0.45% expense ratio.

Dividends

QUS vs. ACEP - Dividend Comparison

QUS's dividend yield for the trailing twelve months is around 1.25%, more than ACEP's 0.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ACEP ARS Core Equity Portfolio ETF	0.11%	0.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QUS State Street SPDR MSCI USA StrategicFactors ETF	1.25%	1.38%	1.49%	1.57%	1.68%	1.27%	1.73%	1.81%	2.12%	1.86%	2.07%	1.48%

Frequently Asked Questions

Can I hold both QUS and ACEP in my portfolio?

QUS and ACEP have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QUS or ACEP?

On fees, QUS is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QUS or ACEP?

QUS is cheaper with a 0.15% expense ratio, compared with 0.45% for ACEP.

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

QUS has the higher dividend yield at 1.25%, compared with 0.11% for ACEP.

What is the main difference between QUS and ACEP?

They also come from different issuers: State Street and ARS Investment Partners. Their fees differ too: 0.15% for QUS and 0.45% for ACEP.