TSYW vs. ACIO

Last updated Jun 4, 2026

TSYW (Roundhill Treasury Bond WeeklyPay ETF) and ACIO (Aptus Collared Income Opportunity ETF) are both exchange-traded funds - TSYW is a Leveraged Bonds fund actively managed by Roundhill, while ACIO is a Diversified Portfolio fund actively managed by Aptus Capital Advisors. Both are actively managed. At a 0.34 correlation, their price movements are largely independent. TSYW charges 0.99%/yr vs 0.79%/yr for ACIO.

Performance

TSYW vs. ACIO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Treasury Bond WeeklyPay ETF (TSYW) 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, TSYW achieves a -2.14% return, which is significantly lower than ACIO's 7.22% return.

TSYW

• 1D: -0.50%
• 1M: 0.63%
• YTD: -2.14%
• 6M: -4.49%
• 1Y: —
• 3Y*: —
• 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)

TSYW vs. ACIO - Yearly Performance Comparison

	2026 (YTD)	2025
TSYW Roundhill Treasury Bond WeeklyPay ETF	-2.14%	-2.56%
ACIO Aptus Collared Income Opportunity ETF	7.22%	0.40%

Correlation

The correlation between TSYW and ACIO is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 14, 2025	0.34

Return for Risk

TSYW vs. ACIO — Risk / Return Rank

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

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.

TSYW vs. ACIO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Treasury Bond WeeklyPay ETF (TSYW) 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.

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

Sharpe Ratios by Period

	TSYW	ACIO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.93	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.93	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.78	0.90	-1.68

Drawdowns

TSYW vs. ACIO - Drawdown Comparison

The maximum TSYW drawdown since its inception was -9.79%, smaller than the maximum ACIO drawdown of -14.19%. Use the drawdown chart below to compare losses from any high point for TSYW and ACIO.

Drawdown Indicators

	TSYW	ACIO	Difference
Max Drawdown Largest peak-to-trough decline	-9.79%	-14.19%	+4.40%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.22%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-12.12%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-14.00%	—
Current Drawdown Current decline from peak	-6.51%	-0.64%	-5.87%
Average Drawdown Average peak-to-trough decline	-3.99%	-3.19%	-0.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.80%	—

Volatility

Volatility by Period

	TSYW	ACIO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.18%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.13%	—
Volatility (1Y) Calculated over the trailing 1-year period	10.78%	8.26%	+2.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.78%	11.05%	-0.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.78%	11.64%	-0.86%

TSYW vs. ACIO - Expense Ratio Comparison

TSYW has a 0.99% expense ratio, which is higher than ACIO's 0.79% expense ratio.

Dividends

TSYW vs. ACIO - Dividend Comparison

TSYW's dividend yield for the trailing twelve months is around 7.44%, 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%
TSYW Roundhill Treasury Bond WeeklyPay ETF	7.44%	1.63%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TSYW and ACIO in my portfolio?

TSYW and ACIO have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TSYW or ACIO?

On fees, ACIO is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TSYW or ACIO?

ACIO is cheaper with a 0.79% expense ratio, compared with 0.99% for TSYW.

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

TSYW has the higher dividend yield at 7.44%, compared with 0.38% for ACIO.

What is the main difference between TSYW and ACIO?

TSYW is categorized as Leveraged Bonds, while ACIO is Diversified Portfolio. They also come from different issuers: Roundhill and Aptus Capital Advisors. Their fees differ too: 0.99% for TSYW and 0.79% for ACIO.