ACIO vs ALAI
Aptus Collared Investment Opportunity ETF vs Alger AI Enablers & Adopters ETF
Which is better, ACIO or ALAI?
ALAI has been ahead.
ALAI has a lower expense ratio. ALAI led over 1Y and the full window.
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 | ALAI |
|---|---|---|
| Expense Ratio | 0.79% | 0.58%Best |
| AUM | $2.4B | $1.6B |
| Dividend Yield | 0.39% | 1.16% |
| Holdings | 524 | 72 |
| YTD Return | +8.01% | +23.19%Best |
| 1Y Return | +8.79% | +22.58%Best |
| 3Y Return (annualized) | +15.63% | - |
| 5Y Return (annualized) | +9.74% | - |
| Volatility (annualized) | 8.9%Best | 25.4% |
| Max Drawdown | -12.1%Best | -29.4% |
| $10,000 over 2.5 years | $13,246 | $22,583Best |
| Fund Family | Aptus ETFs | Alger |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 9, 2019 | Apr 4, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Apr 5, 2024 to Oct 14, 2026 (2.5 years).
ACIO vs ALAI 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 2.5 years both funds cover.
ACIO vs ALAI Performance
Aptus Collared Investment Opportunity ETF (ACIO) is an ETF from Aptus ETFs and Alger AI Enablers & Adopters ETF (ALAI) is an ETF from Alger. Over the past year ACIO returned +8.79% while ALAI returned +22.58%. Year to date, ACIO is up 8.01% versus a gain of 23.19% for ALAI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ALAI has been the more volatile fund, with annualized monthly volatility of 25.4% compared with 8.9% 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 -12.1% for ACIO and -29.4% for ALAI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ACIO charges 0.79% per year while ALAI charges 0.58%. On a $10,000 position that is $79 vs $58 annually, a gap of $21 per year that compounds over a long holding period. On income, ACIO currently yields 0.39% against 1.16% for ALAI.
Holdings Overlap
At least 1.6% of ACIO's money is in holdings ALAI also owns.
Stated as a floor: for ALAI, our book for it covers 2.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
ACIO and ALAI share little of their money.
1 positions in common, counted across the 167 positions we hold weights for in ACIO and 1 in ALAI, against full books of 524 and 72.
Top Shared Holdings
| Stock | Weight in ACIO | Weight in ALAI | Difference |
|---|---|---|---|
| AMDAdvanced Micro Devices Inc | 1.61% | 2.21% | 0.60% |
You are not choosing between two funds in isolation.
Whichever of ACIO and ALAI 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 ALAI?
ACIO has an expense ratio of 0.79% while ALAI charges 0.58%. ALAI is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, ACIO or ALAI?
Over the past year ACIO returned +8.79% vs +22.58% for ALAI, so ALAI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACIO or ALAI?
ALAI has been the more volatile fund at 25.4% annualized versus 8.9% for ACIO. Worst drawdown: ACIO -12.1% vs ALAI -29.4%.
Should I hold both ACIO and ALAI?
ACIO and ALAI have a monthly-return correlation of 0.85, 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 ALAI?
At least 1.6% of ACIO's money is in holdings ALAI also owns. Our book for ALAI is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 167 positions we hold weights for in ACIO and 1 in ALAI.
Which pays a higher dividend, ACIO or ALAI?
ACIO yields 0.39% while ALAI yields 1.16%, so ALAI currently pays the higher dividend yield.
Is ALAI better than ACIO?
ALAI has a lower expense ratio. ALAI led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.