ACIO vs HIDV
Aptus Collared Investment Opportunity ETF vs AB US High Dividend ETF
Which is better, ACIO or HIDV?
HIDV has been ahead.
HIDV has a lower expense ratio. HIDV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.93. HIDV is less concentrated, with 34.8% of the fund in its ten largest positions against 40.4%.
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 | HIDV |
|---|---|---|
| Expense Ratio | 0.79% | 0.35%Best |
| AUM | $2.4B | $200M |
| Dividend Yield | 0.37% | 2.23% |
| Holdings | 524 | 108 |
| YTD Return | +9.18% | +12.98%Best |
| 1Y Return | +9.97% | +18.40%Best |
| 3Y Return (annualized) | +16.06% | +21.53%Best |
| 5Y Return (annualized) | +10.27% | - |
| Volatility (annualized) | 9.3%Best | 12.4% |
| Max Drawdown | -12.1%Best | -18.8% |
| $10,000 over 3.6 years | $16,493 | $20,189Best |
| Top 10 Weight | 40.4% | 34.8%Best |
| Fund Family | Aptus ETFs | AllianceBernstein L.P. |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 9, 2019 | Mar 22, 2023 |
Volatility and max drawdown, and the $10,000 over 3.6 years row, are measured over the window both funds cover: Mar 22, 2023 to Oct 13, 2026 (3.6 years).
ACIO vs HIDV 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 3.6 years both funds cover.
ACIO vs HIDV Performance
Aptus Collared Investment Opportunity ETF (ACIO) is an ETF from Aptus ETFs and AB US High Dividend ETF (HIDV) is an ETF from AllianceBernstein L.P.. Over the past year ACIO returned +9.97% while HIDV returned +18.40%. Year to date, ACIO is up 9.18% versus a gain of 12.98% for HIDV.
Over three years, ACIO compounded at +16.06% per year against +21.53% for HIDV. Across the full 4-year window we track, HIDV has the edge at +21.55% annualized vs +14.91%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HIDV has been the more volatile fund, with annualized monthly volatility of 12.4% compared with 9.3% 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 -18.8% for HIDV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ACIO charges 0.79% per year while HIDV charges 0.35%. On a $10,000 position that is $79 vs $35 annually, a gap of $44 per year that compounds over a long holding period. On income, ACIO currently yields 0.37% against 2.23% for HIDV.
Holdings Overlap
58.8% of ACIO's money is in holdings HIDV also owns. 54.8% of HIDV's money is in holdings ACIO also owns.
The two portfolios partly overlap.
36 positions in common, counted across the 165 positions we hold weights for in ACIO and 105 in HIDV, against full books of 524 and 108.
What only one of them owns
Our book lists 63 positions for HIDV that do not appear in our book for ACIO (41.4% of the fund), and 128 for ACIO that do not appear in HIDV (40.7%).
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 HIDV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.77% | 8.04% | 0.27% |
| AAPLApple, Inc | 7.43% | 6.84% | 0.59% |
| MSFTMicrosoft Corp | 5.75% | 4.88% | 0.87% |
| GOOGAlphabet Inc. C | 5.60% | 1.62% | 3.98% |
| AMZNAmazon.Com Inc | 3.79% | 3.03% | 0.76% |
| AVGOBroadcom Inc | 2.49% | 1.92% | 0.57% |
| MUMicron Technology, Inc. | 1.63% | 2.57% | 0.94% |
| METAMeta Platforms Inc | 2.23% | 1.36% | 0.87% |
| JPMJpmorgan Chase | 1.77% | 0.65% | 1.12% |
| TSLATesla Inc | 1.55% | 0.70% | 0.85% |
58.8% of ACIO is already inside HIDV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, ACIO or HIDV?
ACIO has an expense ratio of 0.79% while HIDV charges 0.35%. HIDV is the cheaper option, by $44 a year on a $10,000 investment.
Which performed better, ACIO or HIDV?
Over the past year ACIO returned +9.97% vs +18.40% for HIDV, so HIDV leads on 1-year performance. Over the longest common window we track (4 years), ACIO annualized +14.91% vs +21.55% for HIDV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACIO or HIDV?
HIDV has been the more volatile fund at 12.4% annualized versus 9.3% for ACIO. Worst drawdown: ACIO -12.1% vs HIDV -18.8%.
Should I hold both ACIO and HIDV?
ACIO and HIDV have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between ACIO and HIDV?
58.8% of ACIO's money is in holdings HIDV also owns. 54.8% of HIDV's is in holdings ACIO also owns. They hold 36 positions in common, counted across the 165 positions we hold weights for in ACIO and 105 in HIDV.
Which pays a higher dividend, ACIO or HIDV?
ACIO yields 0.37% while HIDV yields 2.23%, so HIDV currently pays the higher dividend yield.
Is HIDV better than ACIO?
HIDV has a lower expense ratio. HIDV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.93. HIDV is less concentrated, with 34.8% of the fund in its ten largest positions against 40.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.