IAE vs SECT
Voya Asia Pacific High Dividend Equity Income Fund vs Main Sector Rotation ETF
Which is better, IAE or SECT?
Each has led over a different period.
SECT has a lower expense ratio. IAE led over 3Y, SECT over 1Y, 5Y and the full window. IAE is less concentrated, with 38.1% 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 | IAE | SECT |
|---|---|---|
| Expense Ratio | 1.21% | 0.69%Best |
| AUM | $95M | $2.9B |
| Dividend Yield | 8.68% | 0.69% |
| Holdings | 271 | 19 |
| YTD Return | +1.03% | +10.58%Best |
| 1Y Return | +6.56% | +14.28%Best |
| 3Y Return (annualized) | +19.94%Best | +18.91% |
| 5Y Return (annualized) | +7.99% | +11.81%Best |
| Volatility (annualized) | 18.9%Best | 20.0% |
| Max Drawdown | -52.0% | -50.1%Best |
| $10,000 over 5 years | $14,686 | $17,474Best |
| Top 10 Weight | 38.1%Best | 100.0% |
| Fund Family | Voya Investment Management | Main Management ETF Advisors, LLC |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 27, 2007 | Sep 5, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Dec 16, 2016 to Oct 13, 2026 (9.8 years).
IAE 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 9.8 years both funds cover.
IAE vs SECT Performance
Voya Asia Pacific High Dividend Equity Income Fund (IAE) is an ETF from Voya Investment Management and Main Sector Rotation ETF (SECT) is an ETF from Main Management ETF Advisors, LLC. Over the past year IAE returned +6.56% while SECT returned +14.28%. Year to date, IAE is up 1.03% versus a gain of 10.58% for SECT.
Over three years, IAE compounded at +19.94% per year against +18.91% for SECT; over five years the annualized figures are +7.99% and +11.81% respectively. Across the full 10-year window we track, SECT has the edge at +7.01% annualized vs +4.00%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SECT has been the more volatile fund, with annualized monthly volatility of 20.0% compared with 18.9% for IAE. 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 -52.0% for IAE and -50.1% 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 0.48. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IAE charges 1.21% per year while SECT charges 0.69%. On a $10,000 position that is $121 vs $69 annually, a gap of $52 per year that compounds over a long holding period. On income, IAE currently yields 8.68% against 0.69% for SECT.
Holdings Overlap
We hold position weights for 248 holdings in IAE and 10 in SECT, totalling 98.4% and 100.0% 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 248 positions we hold weights for in IAE and 10 in SECT, against full books of 271 and 19.
What only one of them owns
Our book lists 10 positions for SECT that do not appear in our book for IAE (100.0% of the fund), and 8 for IAE that do not appear in SECT (3.8%).
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.
You are not choosing between two funds in isolation.
Whichever of IAE 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, IAE or SECT?
IAE has an expense ratio of 1.21% while SECT charges 0.69%. SECT is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, IAE or SECT?
Over the past year IAE returned +6.56% vs +14.28% for SECT, so SECT leads on 1-year performance. Over the longest common window we track (10 years), IAE annualized +4.00% vs +7.01% for SECT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IAE or SECT?
SECT has been the more volatile fund at 20.0% annualized versus 18.9% for IAE. Worst drawdown: IAE -52.0% vs SECT -50.1%.
Should I hold both IAE and SECT?
IAE and SECT have a monthly-return correlation of 0.48, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IAE or SECT?
IAE yields 8.68% while SECT yields 0.69%, so IAE currently pays the higher dividend yield.
Is SECT better than IAE?
SECT has a lower expense ratio. IAE led over 3Y, SECT over 1Y, 5Y and the full window. IAE is less concentrated, with 38.1% 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.