ACIO vs SPIN
Aptus Collared Investment Opportunity ETF vs State Street US Equity Premium Income ETF
Which is better, ACIO or SPIN?
Each has led over a different period.
SPIN has a lower expense ratio. ACIO led over 1Y, SPIN over the full window. ACIO is less concentrated, with 40.8% of the fund in its ten largest positions against 47.1%.
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 | SPIN |
|---|---|---|
| Expense Ratio | 0.79% | 0.25%Best |
| AUM | $2.4B | $47M |
| Dividend Yield | 0.39% | 4.88% |
| Holdings | 524 | 101 |
| YTD Return | +8.01%Best | +3.68% |
| 1Y Return | +8.79%Best | +7.62% |
| 3Y Return (annualized) | +15.63% | - |
| 5Y Return (annualized) | +9.74% | - |
| Volatility (annualized) | 9.2% | 9.0%Best |
| Max Drawdown | -12.1%Best | -16.9% |
| $10,000 over 2.1 years | $12,319 | $12,500Best |
| Top 10 Weight | 40.8%Best | 47.1% |
| Fund Family | Aptus ETFs | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 9, 2019 | Sep 4, 2024 |
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Sep 5, 2024 to Oct 14, 2026 (2.1 years).
ACIO vs SPIN 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 2.1 years both funds cover.
ACIO vs SPIN Performance
Aptus Collared Investment Opportunity ETF (ACIO) is an ETF from Aptus ETFs and State Street US Equity Premium Income ETF (SPIN) is an ETF from State Street Investment Management. Over the past year ACIO returned +8.79% while SPIN returned +7.62%. Year to date, ACIO is up 8.01% versus a gain of 3.68% for SPIN.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ACIO has been the more volatile fund, with annualized monthly volatility of 9.2% compared with 9.0% for SPIN. 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 -16.9% for SPIN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ACIO charges 0.79% per year while SPIN charges 0.25%. On a $10,000 position that is $79 vs $25 annually, a gap of $54 per year that compounds over a long holding period. On income, ACIO currently yields 0.39% against 4.88% for SPIN.
Holdings Overlap
67.4% of ACIO's money is in holdings SPIN also owns. 80.7% of SPIN's money is in holdings ACIO also owns.
Most of SPIN is already inside ACIO. Owning both mostly buys the same companies twice.
63 positions in common, counted across the 167 positions we hold weights for in ACIO and 96 in SPIN, against full books of 524 and 101.
What only one of them owns
Our book lists 32 positions for SPIN that do not appear in our book for ACIO (18.5% of the fund), and 103 for ACIO that do not appear in SPIN (32.2%).
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 SPIN | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 9.71% | 1.27% |
| AAPLApple, Inc | 7.26% | 5.97% | 1.29% |
| MSFTMicrosoft Corp | 5.75% | 7.24% | 1.49% |
| AMZNAmazon.Com Inc | 3.69% | 4.93% | 1.24% |
| GOOGAlphabet Inc. C | 5.39% | 0.81% | 4.58% |
| AVGOBroadcom Inc | 2.46% | 3.28% | 0.82% |
| METAMeta Platforms Inc | 2.42% | 3.07% | 0.65% |
| MUMicron Technology, Inc. | 1.92% | 2.80% | 0.88% |
| AMDAdvanced Micro Devices Inc | 1.61% | 2.41% | 0.80% |
| JPMJpmorgan Chase | 1.68% | 2.13% | 0.45% |
80.7% of SPIN is already inside ACIO.
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 SPIN?
ACIO has an expense ratio of 0.79% while SPIN charges 0.25%. SPIN is the cheaper option, by $54 a year on a $10,000 investment.
Which performed better, ACIO or SPIN?
Over the past year ACIO returned +8.79% vs +7.62% for SPIN, so ACIO leads on 1-year performance. Over the longest common window we track (2 years), ACIO annualized +10.44% vs +11.21% for SPIN. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACIO or SPIN?
ACIO has been the more volatile fund at 9.2% annualized versus 9.0% for SPIN. Worst drawdown: ACIO -12.1% vs SPIN -16.9%.
Should I hold both ACIO and SPIN?
ACIO and SPIN have a monthly-return correlation of 0.89, 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 SPIN?
80.7% of SPIN's money is in holdings ACIO also owns. 80.7% of SPIN's is in holdings ACIO also owns. They hold 63 positions in common, counted across the 167 positions we hold weights for in ACIO and 96 in SPIN.
Which pays a higher dividend, ACIO or SPIN?
ACIO yields 0.39% while SPIN yields 4.88%, so SPIN currently pays the higher dividend yield.
Is SPIN better than ACIO?
SPIN has a lower expense ratio. ACIO led over 1Y, SPIN over the full window. ACIO is less concentrated, with 40.8% of the fund in its ten largest positions against 47.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.