ACIO vs ALRG
Aptus Collared Investment Opportunity ETF vs Allspring LT Large Core ETF
Which is better, ACIO or ALRG?
ALRG has been ahead.
ALRG has a lower expense ratio. ALRG led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.93. ACIO is less concentrated, with 40.8% of the fund in its ten largest positions against 47.1%.
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 | ALRG |
|---|---|---|
| Expense Ratio | 0.79% | 0.28%Best |
| AUM | $2.4B | $8M |
| Dividend Yield | 0.39% | 0.42% |
| Holdings | 524 | 51 |
| YTD Return | +8.01% | +13.91%Best |
| 1Y Return | +8.79% | +18.20%Best |
| 3Y Return (annualized) | +15.63% | - |
| 5Y Return (annualized) | +9.74% | - |
| Volatility (annualized) | 9.2%Best | 11.9% |
| Max Drawdown | -7.2%Best | -9.3% |
| $10,000 over 1.3 years | $11,466 | $12,860Best |
| Top 10 Weight | 40.8%Best | 47.1% |
| Fund Family | Aptus ETFs | Allspring Global Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 9, 2019 | Jul 8, 2025 |
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jul 8, 2025 to Oct 14, 2026 (1.3 years).
ACIO vs ALRG 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 1.3 years both funds cover.
ACIO vs ALRG Performance
Aptus Collared Investment Opportunity ETF (ACIO) is an ETF from Aptus ETFs and Allspring LT Large Core ETF (ALRG) is an ETF from Allspring Global Investments. Over the past year ACIO returned +8.79% while ALRG returned +18.20%. Year to date, ACIO is up 8.01% versus a gain of 13.91% for ALRG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ALRG has been the more volatile fund, with annualized monthly volatility of 11.9% compared with 9.2% 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 -7.2% for ACIO and -9.3% for ALRG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ACIO charges 0.79% per year while ALRG charges 0.28%. On a $10,000 position that is $79 vs $28 annually, a gap of $51 per year that compounds over a long holding period. On income, ACIO currently yields 0.39% against 0.42% for ALRG.
Holdings Overlap
53.4% of ACIO's money is in holdings ALRG also owns. 81.6% of ALRG's money is in holdings ACIO also owns.
Most of ALRG is already inside ACIO. Owning both mostly buys the same companies twice.
37 positions in common, counted across the 167 positions we hold weights for in ACIO and 50 in ALRG, against full books of 524 and 51.
What only one of them owns
Our book lists 7 positions for ALRG that do not appear in our book for ACIO (8.0% of the fund), and 129 for ACIO that do not appear in ALRG (46.2%).
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 ALRG | Difference |
|---|---|---|---|
| AAPLApple, Inc | 7.26% | 8.81% | 1.55% |
| NVDANvidia Corp | 8.44% | 5.43% | 3.01% |
| MSFTMicrosoft Corp | 5.75% | 7.79% | 2.04% |
| GOOGAlphabet Inc. C | 5.39% | 5.53% | 0.14% |
| AMZNAmazon.Com Inc | 3.69% | 4.79% | 1.10% |
| AVGOBroadcom Inc | 2.46% | 3.83% | 1.37% |
| METAMeta Platforms Inc | 2.42% | 2.86% | 0.44% |
| AMDAdvanced Micro Devices Inc | 1.61% | 2.75% | 1.14% |
| JPMJpmorgan Chase | 1.68% | 2.59% | 0.91% |
| LLYEli Lilly & Co. | 1.40% | 2.68% | 1.28% |
81.6% of ALRG 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 ALRG?
ACIO has an expense ratio of 0.79% while ALRG charges 0.28%. ALRG is the cheaper option, by $51 a year on a $10,000 investment.
Which performed better, ACIO or ALRG?
Over the past year ACIO returned +8.79% vs +18.20% for ALRG, so ALRG leads on 1-year performance. Over the longest common window we track (1 years), ACIO annualized +11.10% vs +21.35% for ALRG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACIO or ALRG?
ALRG has been the more volatile fund at 11.9% annualized versus 9.2% for ACIO. Worst drawdown: ACIO -7.2% vs ALRG -9.3%.
Should I hold both ACIO and ALRG?
ACIO and ALRG have a monthly-return correlation of 0.93, 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 ACIO and ALRG?
81.6% of ALRG's money is in holdings ACIO also owns. 81.6% of ALRG's is in holdings ACIO also owns. They hold 37 positions in common, counted across the 167 positions we hold weights for in ACIO and 50 in ALRG.
Which pays a higher dividend, ACIO or ALRG?
ACIO yields 0.39% while ALRG yields 0.42%, so ALRG currently pays the higher dividend yield.
Is ALRG better than ACIO?
ALRG has a lower expense ratio. ALRG led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.93. ACIO is less concentrated, with 40.8% of the fund in its ten largest positions against 47.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.