ACIO vs TIME
Aptus Collared Investment Opportunity ETF vs Clockwise US Core Equity ETF
Which is better, ACIO or TIME?
Each has led over a different period.
ACIO has a lower expense ratio. ACIO led over the full window, TIME over 1Y and 3Y. ACIO is less concentrated, with 40.8% of the fund in its ten largest positions against 46.2%.
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 | TIME |
|---|---|---|
| Expense Ratio | 0.79%Best | 0.96% |
| AUM | $2.4B | $16M |
| Dividend Yield | 0.39% | 0.67% |
| Holdings | 524 | 56 |
| YTD Return | +8.01% | +11.28%Best |
| 1Y Return | +8.79% | +13.37%Best |
| 3Y Return (annualized) | +15.63% | +18.43%Best |
| 5Y Return (annualized) | +9.74% | - |
| Volatility (annualized) | 10.4%Best | 24.2% |
| Max Drawdown | -12.2%Best | -42.2% |
| $10,000 over 4.7 years | $15,618Best | $14,527 |
| Top 10 Weight | 40.8%Best | 46.2% |
| Fund Family | Aptus ETFs | Clockwise Capital |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 9, 2019 | Jan 27, 2022 |
Volatility and max drawdown, and the $10,000 over 4.7 years row, are measured over the window both funds cover: Jan 28, 2022 to Oct 14, 2026 (4.7 years).
ACIO vs TIME 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 TIME Performance
Aptus Collared Investment Opportunity ETF (ACIO) is an ETF from Aptus ETFs and Clockwise US Core Equity ETF (TIME) is an ETF from Clockwise Capital. Over the past year ACIO returned +8.79% while TIME returned +13.37%. Year to date, ACIO is up 8.01% versus a gain of 11.28% for TIME.
Over three years, ACIO compounded at +15.63% per year against +18.43% for TIME.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TIME has been the more volatile fund, with annualized monthly volatility of 24.2% compared with 10.4% 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 -12.2% for ACIO and -42.2% for TIME. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ACIO charges 0.79% per year while TIME charges 0.96%. On a $10,000 position that is $79 vs $96 annually, a gap of $17 per year that compounds over a long holding period. On income, ACIO currently yields 0.39% against 0.67% for TIME.
Holdings Overlap
52.7% of ACIO's money is in holdings TIME also owns. 65.8% of TIME's money is in holdings ACIO also owns.
The two portfolios partly overlap.
35 positions in common, counted across the 167 positions we hold weights for in ACIO and 59 in TIME, against full books of 524 and 56.
What only one of them owns
Our book lists 23 positions for TIME that do not appear in our book for ACIO (32.3% of the fund), and 131 for ACIO that do not appear in TIME (46.9%).
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 TIME | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 9.34% | 0.90% |
| AAPLApple, Inc | 7.26% | 9.28% | 2.02% |
| MSFTMicrosoft Corp | 5.75% | 6.28% | 0.53% |
| AMZNAmazon.Com Inc | 3.69% | 3.68% | 0.01% |
| AVGOBroadcom Inc | 2.46% | 2.55% | 0.09% |
| METAMeta Platforms Inc | 2.42% | 1.22% | 1.20% |
| XOMExxonmobil Holdings Corp Common Stock Usd | 1.47% | 1.96% | 0.49% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 1.42% | 1.89% | 0.47% |
| AMDAdvanced Micro Devices Inc | 1.61% | 1.60% | 0.01% |
| LLYEli Lilly & Co. | 1.40% | 1.81% | 0.41% |
65.8% of TIME 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 TIME?
ACIO has an expense ratio of 0.79% while TIME charges 0.96%. ACIO is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, ACIO or TIME?
Over the past year ACIO returned +8.79% vs +13.37% for TIME, so TIME leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACIO or TIME?
TIME has been the more volatile fund at 24.2% annualized versus 10.4% for ACIO. Worst drawdown: ACIO -12.2% vs TIME -42.2%.
Should I hold both ACIO and TIME?
ACIO and TIME have a monthly-return correlation of 0.82, 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 TIME?
65.8% of TIME's money is in holdings ACIO also owns. 65.8% of TIME's is in holdings ACIO also owns. They hold 35 positions in common, counted across the 167 positions we hold weights for in ACIO and 59 in TIME.
Which pays a higher dividend, ACIO or TIME?
ACIO yields 0.39% while TIME yields 0.67%, so TIME currently pays the higher dividend yield.
Is TIME better than ACIO?
ACIO has a lower expense ratio. ACIO led over the full window, TIME over 1Y and 3Y. ACIO is less concentrated, with 40.8% of the fund in its ten largest positions against 46.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.