ACIO vs GOP
Aptus Collared Investment Opportunity ETF vs Subversive Congressional Republicans Trading ETF
Which is better, ACIO or GOP?
GOP has been ahead.
GOP has a lower expense ratio. GOP led over 1Y, 3Y and the full window. GOP is less concentrated, with 38.4% of the fund in its ten largest positions against 40.8%.
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 | GOP |
|---|---|---|
| Expense Ratio | 0.79% | 0.73%Best |
| AUM | $2.4B | $94M |
| Dividend Yield | 0.39% | 0.56% |
| Holdings | 524 | 141 |
| YTD Return | +8.01% | +19.48%Best |
| 1Y Return | +8.79% | +22.08%Best |
| 3Y Return (annualized) | +15.63% | +21.66%Best |
| 5Y Return (annualized) | +9.74% | - |
| Volatility (annualized) | 9.2%Best | 13.2% |
| Max Drawdown | -12.1%Best | -20.7% |
| $10,000 over 3.7 years | $15,909 | $17,781Best |
| Top 10 Weight | 40.8% | 38.4%Best |
| Fund Family | Aptus ETFs | Subversive Capital |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 9, 2019 | Feb 7, 2023 |
Volatility and max drawdown, and the $10,000 over 3.7 years row, are measured over the window both funds cover: Feb 7, 2023 to Oct 14, 2026 (3.7 years).
ACIO vs GOP 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 3.7 years both funds cover.
ACIO vs GOP Performance
Aptus Collared Investment Opportunity ETF (ACIO) is an ETF from Aptus ETFs and Subversive Congressional Republicans Trading ETF (GOP) is an ETF from Subversive Capital. Over the past year ACIO returned +8.79% while GOP returned +22.08%. Year to date, ACIO is up 8.01% versus a gain of 19.48% for GOP.
Over three years, ACIO compounded at +15.63% per year against +21.66% for GOP. Across the full 4-year window we track, GOP has the edge at +16.83% annualized vs +13.37%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GOP has been the more volatile fund, with annualized monthly volatility of 13.2% 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 -12.1% for ACIO and -20.7% for GOP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ACIO charges 0.79% per year while GOP charges 0.73%. On a $10,000 position that is $79 vs $73 annually, a gap of $6 per year that compounds over a long holding period. On income, ACIO currently yields 0.39% against 0.56% for GOP.
Holdings Overlap
56.3% of ACIO's money is in holdings GOP also owns. 48.5% of GOP's money is in holdings ACIO also owns.
The two portfolios partly overlap.
58 positions in common, counted across the 167 positions we hold weights for in ACIO and 135 in GOP, against full books of 524 and 141.
What only one of them owns
Our book lists 70 positions for GOP that do not appear in our book for ACIO (45.8% of the fund), and 108 for ACIO that do not appear in GOP (43.4%).
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 GOP | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 3.48% | 4.96% |
| AAPLApple, Inc | 7.26% | 0.57% | 6.69% |
| INTCIntel Corporation | 0.87% | 6.45% | 5.58% |
| MSFTMicrosoft Corp | 5.75% | 0.56% | 5.19% |
| JPMJpmorgan Chase | 1.68% | 4.17% | 2.49% |
| AMDAdvanced Micro Devices Inc | 1.61% | 3.29% | 1.68% |
| AMZNAmazon.Com Inc | 3.69% | 0.63% | 3.06% |
| ANETArista Networks Inc. | 0.37% | 3.65% | 3.28% |
| AVGOBroadcom Inc | 2.46% | 0.84% | 1.62% |
| METAMeta Platforms Inc | 2.42% | 0.59% | 1.83% |
56.3% of ACIO is already inside GOP.
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 GOP?
ACIO has an expense ratio of 0.79% while GOP charges 0.73%. GOP is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, ACIO or GOP?
Over the past year ACIO returned +8.79% vs +22.08% for GOP, so GOP leads on 1-year performance. Over the longest common window we track (4 years), ACIO annualized +13.37% vs +16.83% for GOP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACIO or GOP?
GOP has been the more volatile fund at 13.2% annualized versus 9.2% for ACIO. Worst drawdown: ACIO -12.1% vs GOP -20.7%.
Should I hold both ACIO and GOP?
ACIO and GOP have a monthly-return correlation of 0.86, 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 GOP?
56.3% of ACIO's money is in holdings GOP also owns. 48.5% of GOP's is in holdings ACIO also owns. They hold 58 positions in common, counted across the 167 positions we hold weights for in ACIO and 135 in GOP.
Which pays a higher dividend, ACIO or GOP?
ACIO yields 0.39% while GOP yields 0.56%, so GOP currently pays the higher dividend yield.
Is GOP better than ACIO?
GOP has a lower expense ratio. GOP led over 1Y, 3Y and the full window. GOP is less concentrated, with 38.4% of the fund in its ten largest positions against 40.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.