ACIO vs BKCG
Aptus Collared Investment Opportunity ETF vs BNY Mellon Concentrated Growth ETF
Which is better, ACIO or BKCG?
BKCG has been ahead.
BKCG has a lower expense ratio. BKCG led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91. ACIO is less concentrated, with 40.8% of the fund in its ten largest positions against 57.9%.
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 | BKCG |
|---|---|---|
| Expense Ratio | 0.79% | 0.50%Best |
| AUM | $2.4B | $123M |
| Dividend Yield | 0.39% | 0.59% |
| Holdings | 524 | 30 |
| YTD Return | +8.01% | +9.20%Best |
| 1Y Return | +8.79% | +12.91%Best |
| 3Y Return (annualized) | +15.63% | - |
| 5Y Return (annualized) | +9.74% | - |
| Volatility (annualized) | 8.8%Best | 12.6% |
| Max Drawdown | -7.2%Best | -12.1% |
| $10,000 over 1.5 years | $12,178 | $12,865Best |
| Top 10 Weight | 40.8%Best | 57.9% |
| Fund Family | Aptus ETFs | BNY Mellon Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 9, 2019 | Mar 31, 2025 |
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Mar 31, 2025 to Oct 14, 2026 (1.5 years).
ACIO vs BKCG 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 1.5 years both funds cover.
ACIO vs BKCG Performance
Aptus Collared Investment Opportunity ETF (ACIO) is an ETF from Aptus ETFs and BNY Mellon Concentrated Growth ETF (BKCG) is an ETF from BNY Mellon Investment Management. Over the past year ACIO returned +8.79% while BKCG returned +12.91%. Year to date, ACIO is up 8.01% versus a gain of 9.20% for BKCG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BKCG has been the more volatile fund, with annualized monthly volatility of 12.6% compared with 8.8% 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 -12.1% for BKCG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. 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 BKCG charges 0.50%. On a $10,000 position that is $79 vs $50 annually, a gap of $29 per year that compounds over a long holding period. On income, ACIO currently yields 0.39% against 0.59% for BKCG.
Holdings Overlap
46.8% of ACIO's money is in holdings BKCG also owns. 78.3% of BKCG's money is in holdings ACIO also owns.
Most of BKCG is already inside ACIO. Owning both mostly buys the same companies twice.
21 positions in common, counted across the 167 positions we hold weights for in ACIO and 28 in BKCG, against full books of 524 and 30.
What only one of them owns
Our book lists 5 positions for BKCG that do not appear in our book for ACIO (12.5% of the fund), and 145 for ACIO that do not appear in BKCG (52.8%).
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.
Top Shared Holdings
| Stock | Weight in ACIO | Weight in BKCG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 10.84% | 2.40% |
| AAPLApple, Inc | 7.26% | 5.38% | 1.88% |
| MSFTMicrosoft Corp | 5.75% | 6.81% | 1.06% |
| GOOGAlphabet Inc. C | 5.39% | 7.06% | 1.67% |
| AMZNAmazon.Com Inc | 3.69% | 7.19% | 3.50% |
| METAMeta Platforms Inc | 2.42% | 4.37% | 1.95% |
| VVisa Inc Class A | 1.82% | 3.17% | 1.35% |
| AVGOBroadcom Inc | 2.46% | 2.49% | 0.03% |
| LLYEli Lilly & Co. | 1.40% | 3.36% | 1.96% |
| AMDAdvanced Micro Devices Inc | 1.61% | 3.06% | 1.45% |
78.3% of BKCG 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 BKCG?
ACIO has an expense ratio of 0.79% while BKCG charges 0.50%. BKCG is the cheaper option, by $29 a year on a $10,000 investment.
Which performed better, ACIO or BKCG?
Over the past year ACIO returned +8.79% vs +12.91% for BKCG, so BKCG leads on 1-year performance. Over the longest common window we track (2 years), ACIO annualized +14.04% vs +18.29% for BKCG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACIO or BKCG?
BKCG has been the more volatile fund at 12.6% annualized versus 8.8% for ACIO. Worst drawdown: ACIO -7.2% vs BKCG -12.1%.
Should I hold both ACIO and BKCG?
ACIO and BKCG have a monthly-return correlation of 0.91, 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 BKCG?
78.3% of BKCG's money is in holdings ACIO also owns. 78.3% of BKCG's is in holdings ACIO also owns. They hold 21 positions in common, counted across the 167 positions we hold weights for in ACIO and 28 in BKCG.
Which pays a higher dividend, ACIO or BKCG?
ACIO yields 0.39% while BKCG yields 0.59%, so BKCG currently pays the higher dividend yield.
Is BKCG better than ACIO?
BKCG has a lower expense ratio. BKCG led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91. ACIO is less concentrated, with 40.8% of the fund in its ten largest positions against 57.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.