ACIO vs JHDV
Aptus Collared Investment Opportunity ETF vs John Hancock US High Dividend ETF
Which is better, ACIO or JHDV?
JHDV has been ahead.
JHDV has a lower expense ratio. JHDV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.91. JHDV is less concentrated, with 34.7% 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 | JHDV |
|---|---|---|
| Expense Ratio | 0.79% | 0.34%Best |
| AUM | $2.4B | $13M |
| Dividend Yield | 0.39% | 2.25% |
| Holdings | 524 | 78 |
| YTD Return | +8.01% | +15.74%Best |
| 1Y Return | +8.79% | +18.54%Best |
| 3Y Return (annualized) | +15.63% | +20.38%Best |
| 5Y Return (annualized) | +9.74% | - |
| Volatility (annualized) | 9.5%Best | 13.6% |
| Max Drawdown | -12.1%Best | -19.0% |
| $10,000 over 4 years | $16,848 | $19,792Best |
| Top 10 Weight | 40.8% | 34.7%Best |
| Fund Family | Aptus ETFs | John Hancock Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 9, 2019 | Sep 27, 2022 |
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Sep 28, 2022 to Oct 14, 2026 (4 years).
ACIO vs JHDV 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 4 years both funds cover.
ACIO vs JHDV Performance
Aptus Collared Investment Opportunity ETF (ACIO) is an ETF from Aptus ETFs and John Hancock US High Dividend ETF (JHDV) is an ETF from John Hancock Investment Management. Over the past year ACIO returned +8.79% while JHDV returned +18.54%. Year to date, ACIO is up 8.01% versus a gain of 15.74% for JHDV.
Over three years, ACIO compounded at +15.63% per year against +20.38% for JHDV. Across the full 4-year window we track, JHDV has the edge at +18.61% annualized vs +13.93%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JHDV has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 9.5% 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 -19.0% for JHDV. 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 JHDV charges 0.34%. On a $10,000 position that is $79 vs $34 annually, a gap of $45 per year that compounds over a long holding period. On income, ACIO currently yields 0.39% against 2.25% for JHDV.
Holdings Overlap
41.6% of ACIO's money is in holdings JHDV also owns. 63.4% of JHDV's money is in holdings ACIO also owns.
The two portfolios partly overlap.
38 positions in common, counted across the 167 positions we hold weights for in ACIO and 76 in JHDV, against full books of 524 and 78.
What only one of them owns
Measured across the 167 and 76 positions we hold weights for.
ACIO holds 128 positions JHDV does not, 58.0% of the fund.
Largest: GOOG 5.39%, AMZN 3.69%, META 2.42%, V 1.82%, AMD 1.61%
Top Shared Holdings
| Stock | Weight in ACIO | Weight in JHDV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 8.59% | 0.15% |
| AAPLApple, Inc | 7.26% | 5.60% | 1.66% |
| MSFTMicrosoft Corp | 5.75% | 5.86% | 0.11% |
| AVGOBroadcom Inc | 2.46% | 2.46% | 0.00% |
| MUMicron Technology, Inc. | 1.92% | 2.26% | 0.34% |
| LRCXLrcx Uw Equity | 0.80% | 1.98% | 1.18% |
| BLKBlackrock Funding Inc/De | 1.09% | 1.65% | 0.56% |
| JPMJpmorgan Chase | 1.68% | 1.04% | 0.64% |
| CVXChevron Corp | 0.61% | 1.87% | 1.26% |
| VZVerizon Communic | 0.31% | 2.13% | 1.82% |
63.4% of JHDV 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.
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Frequently Asked Questions
Which is cheaper, ACIO or JHDV?
ACIO has an expense ratio of 0.79% while JHDV charges 0.34%. JHDV is the cheaper option, by $45 a year on a $10,000 investment.
Which performed better, ACIO or JHDV?
Over the past year ACIO returned +8.79% vs +18.54% for JHDV, so JHDV leads on 1-year performance. Over the longest common window we track (4 years), ACIO annualized +13.93% vs +18.61% for JHDV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACIO or JHDV?
JHDV has been the more volatile fund at 13.6% annualized versus 9.5% for ACIO. Worst drawdown: ACIO -12.1% vs JHDV -19.0%.
Should I hold both ACIO and JHDV?
ACIO and JHDV 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 JHDV?
63.4% of JHDV's money is in holdings ACIO also owns. 63.4% of JHDV's is in holdings ACIO also owns. They hold 38 positions in common, counted across the 167 positions we hold weights for in ACIO and 76 in JHDV.
Which pays a higher dividend, ACIO or JHDV?
ACIO yields 0.39% while JHDV yields 2.25%, so JHDV currently pays the higher dividend yield.
Is JHDV better than ACIO?
JHDV has a lower expense ratio. JHDV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.91. JHDV is less concentrated, with 34.7% 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.