XDIV vs. AAUS

Last updated Jun 4, 2026

XDIV (Roundhill S&P 500 No Dividend Target ETF) and AAUS (Alpha Architect US Equity ETF) are both exchange-traded funds - XDIV is a S&P 500 fund actively managed by Roundhill, while AAUS is a Large Cap Blend Equities fund actively managed by Alpha Architect. Both are actively managed. With a 0.97 correlation, they move nearly in lockstep. XDIV charges 0.09%/yr vs 0.15%/yr for AAUS.

Performance

XDIV vs. AAUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill S&P 500 No Dividend Target ETF (XDIV) and Alpha Architect US Equity ETF (AAUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XDIV achieves a 10.63% return, which is significantly higher than AAUS's 9.48% return.

XDIV

• 1D: -0.67%
• 1M: 5.14%
• YTD: 10.63%
• 6M: 10.83%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AAUS

• 1D: -0.74%
• 1M: 4.93%
• YTD: 9.48%
• 6M: 9.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XDIV vs. AAUS - Yearly Performance Comparison

	2026 (YTD)	2025
XDIV Roundhill S&P 500 No Dividend Target ETF	10.63%	8.56%
AAUS Alpha Architect US Equity ETF	9.48%	9.66%

Correlation

The correlation between XDIV and AAUS is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.97

Return for Risk

XDIV vs. AAUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill S&P 500 No Dividend Target ETF (XDIV) and Alpha Architect US Equity ETF (AAUS). 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

	XDIV	AAUS	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.98	1.90	+0.08

Drawdowns

XDIV vs. AAUS - Drawdown Comparison

The maximum XDIV drawdown since its inception was -9.16%, roughly equal to the maximum AAUS drawdown of -9.13%. Use the drawdown chart below to compare losses from any high point for XDIV and AAUS.

Drawdown Indicators

	XDIV	AAUS	Difference
Max Drawdown Largest peak-to-trough decline	-9.16%	-9.13%	-0.03%
Current Drawdown Current decline from peak	-0.67%	-0.74%	+0.07%
Average Drawdown Average peak-to-trough decline	-1.20%	-1.31%	+0.11%

Volatility

Volatility by Period

	XDIV	AAUS	Difference
Volatility (1Y) Calculated over the trailing 1-year period	12.31%	12.45%	-0.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.31%	12.45%	-0.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.31%	12.45%	-0.14%

XDIV vs. AAUS - Expense Ratio Comparison

XDIV has a 0.09% expense ratio, which is lower than AAUS's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

XDIV vs. AAUS - Dividend Comparison

XDIV has not paid dividends to shareholders, while AAUS's dividend yield for the trailing twelve months is around 0.34%.

Position	TTM	2025
AAUS Alpha Architect US Equity ETF	0.34%	0.37%
XDIV Roundhill S&P 500 No Dividend Target ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both XDIV and AAUS in my portfolio?

With a correlation of 0.97, XDIV and AAUS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, XDIV or AAUS?

On fees, XDIV is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XDIV or AAUS?

XDIV is cheaper with a 0.09% expense ratio, compared with 0.15% for AAUS.

Which ETF pays a higher dividend yield, XDIV or AAUS?

AAUS has the higher dividend yield at 0.34%, compared with 0.00% for XDIV.

What is the main difference between XDIV and AAUS?

XDIV is categorized as S&P 500, while AAUS is Large Cap Blend Equities. They also come from different issuers: Roundhill and Alpha Architect. Their fees differ too: 0.09% for XDIV and 0.15% for AAUS.