AESR vs SECT
Anfield US Equity Sector Rotation ETF vs Main Sector Rotation ETF
Which is better, AESR or SECT?
Nearly the same fund. SECT costs less.
SECT has a lower expense ratio. AESR led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.95. AESR is less concentrated, with 84.6% of the fund in its ten largest positions against 100.0%.
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 | AESR | SECT |
|---|---|---|
| Expense Ratio | 0.97% | 0.69%Best |
| AUM | $257M | $2.9B |
| Dividend Yield | 0.00% | 0.69% |
| Holdings | 66 | 19 |
| YTD Return | +14.49%Best | +10.58% |
| 1Y Return | +18.02%Best | +14.28% |
| 3Y Return (annualized) | +24.85%Best | +18.91% |
| 5Y Return (annualized) | +13.25%Best | +11.81% |
| Volatility (annualized) | 17.6% | 16.4%Best |
| Max Drawdown | -31.1%Best | -38.1% |
| $10,000 over 5 years | $18,629Best | $17,474 |
| Top 10 Weight | 84.6%Best | 100.0% |
| Fund Family | Horizon Funds | Main Management ETF Advisors, LLC |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 16, 2019 | Sep 5, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Dec 17, 2019 to Oct 14, 2026 (6.8 years).
AESR vs SECT 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 6.8 years both funds cover.
AESR vs SECT Performance
Anfield US Equity Sector Rotation ETF (AESR) is an ETF from Horizon Funds and Main Sector Rotation ETF (SECT) is an ETF from Main Management ETF Advisors, LLC. Over the past year AESR returned +18.02% while SECT returned +14.28%. Year to date, AESR is up 14.49% versus a gain of 10.58% for SECT.
Over three years, AESR compounded at +24.85% per year against +18.91% for SECT; over five years the annualized figures are +13.25% and +11.81% respectively. Across the full 7-year window we track, AESR has the edge at +15.24% annualized vs +13.98%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AESR has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 16.4% for SECT. 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 -31.1% for AESR and -38.1% for SECT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AESR charges 0.97% per year while SECT charges 0.69%. On a $10,000 position that is $97 vs $69 annually, a gap of $28 per year that compounds over a long holding period. On income, AESR currently yields 0.00% against 0.69% for SECT.
Holdings Overlap
5.0% of AESR's money is in holdings SECT also owns. 11.4% of SECT's money is in holdings AESR also owns.
SECT and AESR share little of their money.
1 positions in common, counted across the 32 positions we hold weights for in AESR and 10 in SECT, against full books of 66 and 19.
What only one of them owns
Our book lists 9 positions for SECT that do not appear in our book for AESR (88.6% of the fund), and 28 for AESR that do not appear in SECT (92.9%).
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 AESR | Weight in SECT | Difference |
|---|---|---|---|
| XLIIndustrial Select Sector Spdr Fund | 4.96% | 11.38% | 6.42% |
You are not choosing between two funds in isolation.
Whichever of AESR and SECT 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, AESR or SECT?
AESR has an expense ratio of 0.97% while SECT charges 0.69%. SECT is the cheaper option, by $28 a year on a $10,000 investment.
Which performed better, AESR or SECT?
Over the past year AESR returned +18.02% vs +14.28% for SECT, so AESR leads on 1-year performance. Over the longest common window we track (7 years), AESR annualized +15.24% vs +13.98% for SECT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AESR or SECT?
AESR has been the more volatile fund at 17.6% annualized versus 16.4% for SECT. Worst drawdown: AESR -31.1% vs SECT -38.1%.
Should I hold both AESR and SECT?
AESR and SECT have a monthly-return correlation of 0.95, 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.
What is the holdings overlap between AESR and SECT?
11.4% of SECT's money is in holdings AESR also owns. 11.4% of SECT's is in holdings AESR also owns. They hold 1 positions in common, counted across the 32 positions we hold weights for in AESR and 10 in SECT.
Which pays a higher dividend, AESR or SECT?
AESR yields 0.00% while SECT yields 0.69%, so SECT currently pays the higher dividend yield.
Is SECT better than AESR?
SECT has a lower expense ratio. AESR led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.95. AESR is less concentrated, with 84.6% of the fund in its ten largest positions against 100.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.