ACIO vs TENM
Aptus Collared Investment Opportunity ETF vs iShares Large Cap 10% Target Buffer Mar ETF
Which is better, ACIO or TENM?
Nearly the same fund. TENM costs less.
TENM has a lower expense ratio. TENM led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.96.
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 | TENM |
|---|---|---|
| Expense Ratio | 0.79% | 0.50%Best |
| AUM | $2.3B | $46M |
| Dividend Yield | 0.39% | 0.27% |
| Holdings | 527 | 16 |
| YTD Return | +6.62% | +9.80%Best |
| 1Y Return | +5.59% | +10.66%Best |
| 3Y Return (annualized) | +14.47% | - |
| 5Y Return (annualized) | +8.64% | - |
| Volatility (annualized) | 9.9% | 6.7%Best |
| Max Drawdown | -7.2% | -3.6%Best |
| $10,000 over 1.1 years | $10,744 | $11,250Best |
| Fund Family | Aptus ETFs | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 9, 2019 | Oct 21, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Oct 22, 2025 to Nov 11, 2026 (1.1 years).
ACIO vs TENM 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 1.1 years both funds cover.
ACIO vs TENM Performance
Aptus Collared Investment Opportunity ETF (ACIO) is an ETF from Aptus ETFs and iShares Large Cap 10% Target Buffer Mar ETF (TENM) is an ETF from iShares by BlackRock (US). Over the past year ACIO returned +5.59% while TENM returned +10.66%. Year to date, ACIO is up 6.62% versus a gain of 9.80% for TENM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ACIO has been the more volatile fund, with annualized monthly volatility of 9.9% compared with 6.7% for TENM. 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 -7.2% for ACIO and -3.6% for TENM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. 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 TENM charges 0.50%. On a $10,000 position that is $79 vs $50 annually, a gap of $29 per year that compounds over a long holding period. On income, ACIO currently yields 0.39% against 0.27% for TENM.
Holdings Overlap
We hold position weights for 167 holdings in ACIO and 2 in TENM, totalling 100.0% and 104.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 167 positions we hold weights for in ACIO and 2 in TENM, against full books of 527 and 16.
You are not choosing between two funds in isolation.
Whichever of ACIO and TENM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ACIO or TENM?
ACIO has an expense ratio of 0.79% while TENM charges 0.50%. TENM is the cheaper option, by $29 a year on a $10,000 investment.
Which performed better, ACIO or TENM?
Over the past year ACIO returned +5.59% vs +10.66% for TENM, so TENM leads on 1-year performance. Over the longest common window we track (1 years), ACIO annualized +6.74% vs +11.30% for TENM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACIO or TENM?
ACIO has been the more volatile fund at 9.9% annualized versus 6.7% for TENM. Worst drawdown: ACIO -7.2% vs TENM -3.6%.
Should I hold both ACIO and TENM?
ACIO and TENM have a monthly-return correlation of 0.96, 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.
Which pays a higher dividend, ACIO or TENM?
ACIO yields 0.39% while TENM yields 0.27%, so ACIO currently pays the higher dividend yield.
Is TENM better than ACIO?
TENM has a lower expense ratio. TENM led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.96. Which one suits a particular account depends on what it is for. This is information, not a recommendation.