ACIO vs GDE
Aptus Collared Investment Opportunity ETF vs WisdomTree Efficient Gold Plus Equity Strategy Fund
Which is better, ACIO or GDE?
Each has led over a different period.
GDE has a lower expense ratio. ACIO led over 1Y, GDE over 3Y and the full window. GDE is less concentrated, with 38.0% of the fund in its ten largest positions against 40.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ACIO | GDE |
|---|---|---|
| Expense Ratio | 0.79% | 0.20%Best |
| AUM | $2.3B | $381M |
| Dividend Yield | 0.39% | 17.11% |
| Holdings | 527 | 1,017 |
| YTD Return | +6.62%Best | -15.20% |
| 1Y Return | +5.59%Best | -12.23% |
| 3Y Return (annualized) | +14.47% | +34.03%Best |
| 5Y Return (annualized) | +8.64% | - |
| Volatility (annualized) | 10.5%Best | 24.5% |
| Max Drawdown | -12.1%Best | -32.9% |
| $10,000 over 4.7 years | $15,584 | $23,421Best |
| Top 10 Weight | 40.9% | 38.0%Best |
| Fund Family | Aptus ETFs | WisdomTree Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 9, 2019 | Mar 17, 2022 |
Volatility and max drawdown, and the $10,000 over 4.7 years row, are measured over the window both funds cover: Mar 17, 2022 to Nov 11, 2026 (4.7 years).
ACIO vs GDE growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.7 years both funds cover.
ACIO vs GDE Performance
Aptus Collared Investment Opportunity ETF (ACIO) is an ETF from Aptus ETFs and WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) is an ETF from WisdomTree Investments. Over the past year ACIO returned +5.59% while GDE returned -12.23%. Year to date, ACIO is up 6.62% versus a loss of 15.20% for GDE.
Over three years, ACIO compounded at +14.47% per year against +34.03% for GDE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GDE has been the more volatile fund, with annualized monthly volatility of 24.5% compared with 10.5% for ACIO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -12.1% for ACIO and -32.9% for GDE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ACIO charges 0.79% per year while GDE charges 0.20%. On a $10,000 position that is $79 vs $20 annually, a gap of $59 per year that compounds over a long holding period. On income, ACIO currently yields 0.39% against 17.11% for GDE.
Holdings Overlap
89.1% of ACIO's money is in holdings GDE also owns. 73.2% of GDE's money is in holdings ACIO also owns.
Most of ACIO is already inside GDE. Owning both mostly buys the same companies twice.
154 positions in common, counted across the 167 positions we hold weights for in ACIO and 492 in GDE, against full books of 527 and 1,017.
What only one of them owns
Our book lists 315 positions for GDE that do not appear in our book for ACIO (22.6% of the fund), and 12 for ACIO that do not appear in GDE (10.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in ACIO | Weight in GDE | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.90% | 8.25% | 0.35% |
| AAPLApple Inc | 7.48% | 7.89% | 0.41% |
| MSFTMicrosoft Corp | 6.01% | 6.08% | 0.07% |
| AMZNAmazon.Com Inc | 3.76% | 3.99% | 0.23% |
| AVGOBroadcom Inc | 2.46% | 2.32% | 0.14% |
| LLYEli Lilly & Co | 1.52% | 1.87% | 0.35% |
| VVisa Inc Class A | 2.01% | 1.21% | 0.80% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 1.48% | 1.72% | 0.24% |
| TSLATesla Inc | 1.55% | 1.62% | 0.07% |
| MUMicron Technology, Inc. | 1.62% | 1.53% | 0.09% |
89.1% of ACIO is already inside GDE.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ACIO or GDE?
ACIO has an expense ratio of 0.79% while GDE charges 0.20%. GDE is the cheaper option, by $59 a year on a $10,000 investment.
Which performed better, ACIO or GDE?
Over the past year ACIO returned +5.59% vs -12.23% for GDE, so ACIO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACIO or GDE?
GDE has been the more volatile fund at 24.5% annualized versus 10.5% for ACIO. Worst drawdown: ACIO -12.1% vs GDE -32.9%.
Should I hold both ACIO and GDE?
ACIO and GDE have a monthly-return correlation of 0.69, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ACIO and GDE?
89.1% of ACIO's money is in holdings GDE also owns. 73.2% of GDE's is in holdings ACIO also owns. They hold 154 positions in common, counted across the 167 positions we hold weights for in ACIO and 492 in GDE.
Which pays a higher dividend, ACIO or GDE?
ACIO yields 0.39% while GDE yields 17.11%, so GDE currently pays the higher dividend yield.
Is GDE better than ACIO?
GDE has a lower expense ratio. ACIO led over 1Y, GDE over 3Y and the full window. GDE is less concentrated, with 38.0% of the fund in its ten largest positions against 40.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.