ACIO vs WBIL
Aptus Collared Investment Opportunity ETF vs WBI BullBear Quality 3000 ETF
Which is better, ACIO or WBIL?
Each has led over a different period.
ACIO has a lower expense ratio. ACIO led over 3Y, 5Y and the full window, WBIL over 1Y. WBIL is less concentrated, with 23.0% of the fund in its ten largest positions against 40.8%.
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 | WBIL |
|---|---|---|
| Expense Ratio | 0.79%Best | 1.55% |
| AUM | $2.4B | $30M |
| Dividend Yield | 0.39% | 0.04% |
| Holdings | 524 | 142 |
| YTD Return | +8.01% | +14.67%Best |
| 1Y Return | +8.79% | +14.68%Best |
| 3Y Return (annualized) | +15.63%Best | +10.76% |
| 5Y Return (annualized) | +9.74%Best | +6.30% |
| Volatility (annualized) | 10.0%Best | 13.1% |
| Max Drawdown | -14.9%Best | -25.3% |
| $10,000 over 5 years | $15,916Best | $13,573 |
| Top 10 Weight | 40.8% | 23.0%Best |
| Fund Family | Aptus ETFs | WBI Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 9, 2019 | Aug 25, 2014 |
Volatility and max drawdown are measured over the window both funds cover: Jul 10, 2019 to Oct 14, 2026 (7.3 years).
ACIO vs WBIL 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 7.3 years both funds cover.
ACIO vs WBIL Performance
Aptus Collared Investment Opportunity ETF (ACIO) is an ETF from Aptus ETFs and WBI BullBear Quality 3000 ETF (WBIL) is an ETF from WBI Investments. Over the past year ACIO returned +8.79% while WBIL returned +14.68%. Year to date, ACIO is up 8.01% versus a gain of 14.67% for WBIL.
Over three years, ACIO compounded at +15.63% per year against +10.76% for WBIL; over five years the annualized figures are +9.74% and +6.30% respectively. Across the full 7-year window we track, ACIO has the edge at +9.65% annualized vs +5.80%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WBIL has been the more volatile fund, with annualized monthly volatility of 13.1% 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 -25.3% for WBIL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ACIO charges 0.79% per year while WBIL charges 1.55%. On a $10,000 position that is $79 vs $155 annually, a gap of $76 per year that compounds over a long holding period. On income, ACIO currently yields 0.39% against 0.04% for WBIL.
Holdings Overlap
20.1% of ACIO's money is in holdings WBIL also owns. 47.7% of WBIL's money is in holdings ACIO also owns.
The two portfolios partly overlap.
31 positions in common, counted across the 167 positions we hold weights for in ACIO and 64 in WBIL, against full books of 524 and 142.
What only one of them owns
Our book lists 32 positions for WBIL that do not appear in our book for ACIO (49.7% of the fund), and 135 for ACIO that do not appear in WBIL (79.5%).
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 WBIL | Difference |
|---|---|---|---|
| MUMicron Technology, Inc. | 1.92% | 2.38% | 0.46% |
| METAMeta Platform Inc | 2.42% | 1.65% | 0.77% |
| VVisa Inc-class A Shares | 1.82% | 1.94% | 0.12% |
| BRK.BBrk/B | 1.42% | 1.92% | 0.50% |
| AMDAdvanced Micro Devices Inc | 1.61% | 1.69% | 0.08% |
| DELLDell Technologies Inc. | 0.41% | 2.51% | 2.10% |
| APHAmphenol Corp. Class A | 0.52% | 2.10% | 1.58% |
| AMGNAmgen Inc. | 0.43% | 2.15% | 1.72% |
| ANETArista Networks Inc Common Stock | 0.37% | 2.10% | 1.73% |
| FANGDiamondback Energy Inc - Common | 0.51% | 1.90% | 1.39% |
47.7% of WBIL 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 WBIL?
ACIO has an expense ratio of 0.79% while WBIL charges 1.55%. ACIO is the cheaper option, by $76 a year on a $10,000 investment.
Which performed better, ACIO or WBIL?
Over the past year ACIO returned +8.79% vs +14.68% for WBIL, so WBIL leads on 1-year performance. Over the longest common window we track (7 years), ACIO annualized +9.65% vs +5.80% for WBIL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACIO or WBIL?
WBIL has been the more volatile fund at 13.1% annualized versus 10.0% for ACIO. Worst drawdown: ACIO -14.9% vs WBIL -25.3%.
Should I hold both ACIO and WBIL?
ACIO and WBIL have a monthly-return correlation of 0.81, 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 WBIL?
47.7% of WBIL's money is in holdings ACIO also owns. 47.7% of WBIL's is in holdings ACIO also owns. They hold 31 positions in common, counted across the 167 positions we hold weights for in ACIO and 64 in WBIL.
Which pays a higher dividend, ACIO or WBIL?
ACIO yields 0.39% while WBIL yields 0.04%, so ACIO currently pays the higher dividend yield.
Is WBIL better than ACIO?
ACIO has a lower expense ratio. ACIO led over 3Y, 5Y and the full window, WBIL over 1Y. WBIL is less concentrated, with 23.0% of the fund in its ten largest positions against 40.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.