XOEX vs. ACEP

Last updated Aug 6, 2026

XOEX (Xtrackers S&P 100 Ex Top 20 ETF) and ACEP (ARS Core Equity Portfolio ETF) are both Large Cap Blend Equities funds. XOEX is passively managed, while ACEP is actively managed. Their 0.74 correlation means they have sometimes moved together and sometimes differently. XOEX charges 0.15%/yr vs 0.45%/yr for ACEP.

Performance

XOEX vs. ACEP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers S&P 100 Ex Top 20 ETF (XOEX) 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, XOEX achieves a 13.49% return, which is significantly lower than ACEP's 24.65% return.

XOEX

• 1D: 0.00%
• 1M: 1.17%
• 6M: 11.83%
• YTD: 13.49%
• 1Y: 27.43%
• 3Y*: 17.62%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.16%

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
XOEX Xtrackers S&P 100 Ex Top 20 ETF	$13.58M	$6.19M	$2.84M

XOEX vs. ACEP - Yearly Performance Comparison

	2026 (YTD)	2025
XOEX Xtrackers S&P 100 Ex Top 20 ETF	13.49%	5.48%
ACEP ARS Core Equity Portfolio ETF	24.65%	8.00%

Correlation

The correlation between XOEX and ACEP is 0.74, 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	0.74

XOEX vs. ACEP - Sectors Allocation Comparison

Sectors	XOEX	ACEP
Financial Services	18.0%	14.4%
Healthcare	17.6%	8.2%
Technology	16.8%	34.3%
Industrials	14.4%	12.1%
Consumer Defensive	9.4%	1.9%
Consumer Cyclical	6.7%	2.8%
Communication Services	6.5%	1.2%
Utilities	4.4%	-
Energy	3.4%	12.5%
Basic Materials	1.6%	11.1%
Real Estate	1.0%	1.6%

Return for Risk

XOEX vs. ACEP — Risk / Return Rank

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

XOEX

XOEX Risk / Return Rank: 89
XOEX Sharpe Ratio Rank: 90
XOEX Sortino Ratio Rank: 90
XOEX Omega Ratio Rank: 88
XOEX Calmar Ratio Rank: 87
XOEX Martin Ratio Rank: 88

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.

XOEX vs. ACEP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 100 Ex Top 20 ETF (XOEX) 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.

	XOEX	ACEP	Difference
Sharpe ratio: Return per unit of total volatility	2.41	—	—
Sortino ratio: Return per unit of downside risk	3.43	—	—
Omega ratio: Gain probability vs. loss probability	1.43	—	—
Calmar ratio: Return relative to maximum drawdown	3.77	—	—
Martin ratio: Return relative to average drawdown	14.73	—	—

Drawdowns

XOEX vs. ACEP - Drawdown Comparison

The maximum XOEX drawdown since its inception was -14.68%, which is greater than ACEP's maximum drawdown of -7.06%. Use the drawdown chart below to compare losses from any high point for XOEX and ACEP.

Drawdown Indicators

	XOEX	ACEP	Difference
Max Drawdown Largest peak-to-trough decline	-14.68%	-7.06%	-7.62%
Max Drawdown (1Y) Largest decline over 1 year	-7.31%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.68%	—	—
Current Drawdown Current decline from peak	0.00%	-0.44%	+0.44%
Average Drawdown Average peak-to-trough decline	-2.57%	-1.74%	-0.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.87%	—	—

Volatility

Volatility by Period

	XOEX	ACEP	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.53%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.10%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.45%	16.86%	-5.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.37%	16.86%	-3.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.37%	16.86%	-3.49%

XOEX vs. ACEP - Expense Ratio Comparison

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

Dividends

XOEX vs. ACEP - Dividend Comparison

XOEX's dividend yield for the trailing twelve months is around 1.43%, more than ACEP's 0.11% yield.

Position	TTM	2025	2024	2023	2022
ACEP ARS Core Equity Portfolio ETF	0.11%	0.14%	0.00%	0.00%	0.00%
XOEX Xtrackers S&P 100 Ex Top 20 ETF	1.43%	1.95%	2.09%	1.72%	0.42%

Frequently Asked Questions

Can I hold both XOEX and ACEP in my portfolio?

XOEX and ACEP have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XOEX or ACEP?

On fees, XOEX 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, XOEX or ACEP?

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

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

XOEX has the higher dividend yield at 1.43%, compared with 0.11% for ACEP.

What is the main difference between XOEX and ACEP?

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