ACIO vs SPYM
Aptus Collared Investment Opportunity ETF vs State Street SPDR Portfolio S&P 500 ETF
Which is better, ACIO or SPYM?
SPYM has been ahead.
SPYM has a lower expense ratio. SPYM led over 1Y, 3Y, 5Y and the full window. SPYM is less concentrated, with 38.2% 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 | SPYM |
|---|---|---|
| Expense Ratio | 0.79% | 0.02%Best |
| AUM | $2.4B | $174.2B |
| Dividend Yield | 0.37% | 1.01% |
| Holdings | 524 | 509 |
| YTD Return | +9.11% | +14.90%Best |
| 1Y Return | +9.12% | +17.32%Best |
| 3Y Return (annualized) | +16.12% | +23.04%Best |
| 5Y Return (annualized) | +10.27% | +13.97%Best |
| Volatility (annualized) | 10.0%Best | 16.4% |
| Max Drawdown | -14.9%Best | -34.3% |
| $10,000 over 5 years | $16,304 | $19,229Best |
| Top 10 Weight | 40.4% | 38.2%Best |
| Fund Family | Aptus ETFs | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 9, 2019 | Nov 8, 2005 |
Volatility and max drawdown are measured over the window both funds cover: Jul 10, 2019 to Oct 9, 2026 (7.2 years).
ACIO vs SPYM 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 7.2 years both funds cover.
ACIO vs SPYM Performance
Aptus Collared Investment Opportunity ETF (ACIO) is an ETF from Aptus ETFs and State Street SPDR Portfolio S&P 500 ETF (SPYM) is an ETF from State Street Investment Management. Over the past year ACIO returned +9.12% while SPYM returned +17.32%. Year to date, ACIO is up 9.11% versus a gain of 14.90% for SPYM.
Over three years, ACIO compounded at +16.12% per year against +23.04% for SPYM; over five years the annualized figures are +10.27% and +13.97% respectively. Across the full 7-year window we track, SPYM has the edge at +15.38% annualized vs +9.82%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPYM has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 10.0% 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 -14.9% for ACIO and -34.3% for SPYM. 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 SPYM charges 0.02%. On a $10,000 position that is $79 vs $2 annually, a gap of $77 per year that compounds over a long holding period. On income, ACIO currently yields 0.37% against 1.01% for SPYM.
Holdings Overlap
98.9% of ACIO's money is in holdings SPYM also owns. 77.3% of SPYM's money is in holdings ACIO also owns.
Most of ACIO is already inside SPYM. Owning both mostly buys the same companies twice.
161 positions in common, counted across the 165 positions we hold weights for in ACIO and 505 in SPYM, against full books of 524 and 509.
What only one of them owns
Our book lists 338 positions for SPYM that do not appear in our book for ACIO (22.5% of the fund), and 4 for ACIO that do not appear in SPYM (0.7%).
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 SPYM | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.77% | 8.02% | 0.25% |
| AAPLApple, Inc | 7.43% | 7.40% | 0.03% |
| MSFTMicrosoft Corp | 5.75% | 5.58% | 0.17% |
| GOOGAlphabet Inc. C | 5.60% | 2.40% | 3.20% |
| AMZNAmazon.Com Inc | 3.79% | 3.81% | 0.02% |
| AVGOBroadcom Inc | 2.49% | 2.60% | 0.11% |
| METAMeta Platforms Inc | 2.23% | 2.16% | 0.07% |
| MUMicron Technology, Inc. | 1.63% | 1.67% | 0.04% |
| JPMJpmorgan Chase | 1.77% | 1.45% | 0.32% |
| TSLATesla Inc | 1.55% | 1.56% | 0.01% |
98.9% of ACIO is already inside SPYM.
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 SPYM?
ACIO has an expense ratio of 0.79% while SPYM charges 0.02%. SPYM is the cheaper option, by $77 a year on a $10,000 investment.
Which performed better, ACIO or SPYM?
Over the past year ACIO returned +9.12% vs +17.32% for SPYM, so SPYM leads on 1-year performance. Over the longest common window we track (7 years), ACIO annualized +9.82% vs +15.38% for SPYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACIO or SPYM?
SPYM has been the more volatile fund at 16.4% annualized versus 10.0% for ACIO. Worst drawdown: ACIO -14.9% vs SPYM -34.3%.
Should I hold both ACIO and SPYM?
ACIO and SPYM 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 SPYM?
98.9% of ACIO's money is in holdings SPYM also owns. 77.3% of SPYM's is in holdings ACIO also owns. They hold 161 positions in common, counted across the 165 positions we hold weights for in ACIO and 505 in SPYM.
Which pays a higher dividend, ACIO or SPYM?
ACIO yields 0.37% while SPYM yields 1.01%, so SPYM currently pays the higher dividend yield.
Is SPYM better than ACIO?
SPYM has a lower expense ratio. SPYM led over 1Y, 3Y, 5Y and the full window. SPYM is less concentrated, with 38.2% 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.