TOT vs. UPSD

Last updated Jul 17, 2026

TOT (LionShares U.S. Equity Total Return ETF) and UPSD (Aptus Large Cap Upside ETF) are both Actively Managed funds. Both are actively managed. A 0.78 correlation means they provide meaningful diversification when combined. TOT charges 0.07%/yr vs 0.79%/yr for UPSD.

Performance

TOT vs. UPSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LionShares U.S. Equity Total Return ETF (TOT) and Aptus Large Cap Upside ETF (UPSD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TOT

• 1D: -0.53%
• 1M: 0.24%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

UPSD

• 1D: 0.19%
• 1M: 2.74%
• 6M: 6.85%
• YTD: 8.80%
• 1Y: 18.27%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TOT vs. UPSD - Yearly Performance Comparison

	2026 (YTD)
TOT LionShares U.S. Equity Total Return ETF	0.63%
UPSD Aptus Large Cap Upside ETF	2.24%

Correlation

The correlation between TOT and UPSD is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 26, 2026	0.78

Return for Risk

TOT vs. UPSD — Risk / Return Rank

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

TOT

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

UPSD

UPSD Risk / Return Rank: 42
UPSD Sharpe Ratio Rank: 44
UPSD Sortino Ratio Rank: 41
UPSD Omega Ratio Rank: 43
UPSD Calmar Ratio Rank: 37
UPSD Martin Ratio Rank: 45

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.

TOT vs. UPSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LionShares U.S. Equity Total Return ETF (TOT) and Aptus Large Cap Upside ETF (UPSD). 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.

	TOT	UPSD	Difference
Sharpe ratio: Return per unit of total volatility	—	1.29	—
Sortino ratio: Return per unit of downside risk	—	1.77	—
Omega ratio: Gain probability vs. loss probability	—	1.23	—
Calmar ratio: Return relative to maximum drawdown	—	1.54	—
Martin ratio: Return relative to average drawdown	—	6.04	—

Drawdowns

TOT vs. UPSD - Drawdown Comparison

The maximum TOT drawdown since its inception was -4.26%, smaller than the maximum UPSD drawdown of -23.85%. Use the drawdown chart below to compare losses from any high point for TOT and UPSD.

Drawdown Indicators

	TOT	UPSD	Difference
Max Drawdown Largest peak-to-trough decline	-4.26%	-23.85%	+19.59%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.91%	—
Current Drawdown Current decline from peak	-0.84%	0.00%	-0.84%
Average Drawdown Average peak-to-trough decline	-1.33%	-3.76%	+2.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.03%	—

Volatility

Volatility by Period

	TOT	UPSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.36%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.02%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.52%	14.27%	-0.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.52%	20.71%	-7.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.52%	20.71%	-7.19%

TOT vs. UPSD - Expense Ratio Comparison

TOT has a 0.07% expense ratio, which is lower than UPSD's 0.79% expense ratio.

Dividends

TOT vs. UPSD - Dividend Comparison

TOT has not paid dividends to shareholders, while UPSD's dividend yield for the trailing twelve months is around 0.66%.

Position	TTM	2025	2024
TOT LionShares U.S. Equity Total Return ETF	0.00%	0.00%	0.00%
UPSD Aptus Large Cap Upside ETF	0.66%	0.67%	0.06%

Frequently Asked Questions

Can I hold both TOT and UPSD in my portfolio?

TOT and UPSD have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TOT or UPSD?

On fees, TOT is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TOT or UPSD?

TOT is cheaper with a 0.07% expense ratio, compared with 0.79% for UPSD.

Which ETF pays a higher dividend yield, TOT or UPSD?

UPSD has the higher dividend yield at 0.66%, compared with 0.00% for TOT.

What is the main difference between TOT and UPSD?

They also come from different issuers: LionShares and Aptus. Their fees differ too: 0.07% for TOT and 0.79% for UPSD.