ACIO vs NANC
Aptus Collared Investment Opportunity ETF vs Subversive Congressional Democrats Trading ETF
Which is better, ACIO or NANC?
Nearly the same fund. NANC costs less.
NANC has a lower expense ratio. NANC led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.95. ACIO is less concentrated, with 40.8% of the fund in its ten largest positions against 47.5%.
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 | NANC |
|---|---|---|
| Expense Ratio | 0.79% | 0.72%Best |
| AUM | $2.4B | $298M |
| Dividend Yield | 0.39% | 0.18% |
| Holdings | 524 | 181 |
| YTD Return | +8.01% | +13.64%Best |
| 1Y Return | +8.79% | +15.98%Best |
| 3Y Return (annualized) | +15.63% | +23.88%Best |
| 5Y Return (annualized) | +9.74% | - |
| Volatility (annualized) | 9.2%Best | 14.5% |
| Max Drawdown | -12.1%Best | -20.9% |
| $10,000 over 3.7 years | $15,909 | $20,418Best |
| Top 10 Weight | 40.8%Best | 47.5% |
| 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 NANC 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 NANC Performance
Aptus Collared Investment Opportunity ETF (ACIO) is an ETF from Aptus ETFs and Subversive Congressional Democrats Trading ETF (NANC) is an ETF from Subversive Capital. Over the past year ACIO returned +8.79% while NANC returned +15.98%. Year to date, ACIO is up 8.01% versus a gain of 13.64% for NANC.
Over three years, ACIO compounded at +15.63% per year against +23.88% for NANC. Across the full 4-year window we track, NANC has the edge at +21.28% annualized vs +13.37%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NANC has been the more volatile fund, with annualized monthly volatility of 14.5% 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 -20.9% for NANC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.95. 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 NANC charges 0.72%. On a $10,000 position that is $79 vs $72 annually, a gap of $7 per year that compounds over a long holding period. On income, ACIO currently yields 0.39% against 0.18% for NANC.
Holdings Overlap
64.9% of ACIO's money is in holdings NANC also owns. 80.5% of NANC's money is in holdings ACIO also owns.
Most of NANC is already inside ACIO. Owning both mostly buys the same companies twice.
58 positions in common, counted across the 167 positions we hold weights for in ACIO and 89 in NANC, against full books of 524 and 181.
What only one of them owns
Our book lists 29 positions for NANC that do not appear in our book for ACIO (18.6% of the fund), and 108 for ACIO that do not appear in NANC (34.7%).
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 NANC | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 8.78% | 0.34% |
| MSFTMicrosoft Corp | 5.75% | 6.66% | 0.91% |
| AAPLApple, Inc | 7.26% | 4.41% | 2.85% |
| GOOGAlphabet Inc. C | 5.39% | 5.73% | 0.34% |
| AMZNAmazon.Com Inc | 3.69% | 4.69% | 1.00% |
| CRWDCrowdstrike Holdings Inc | 0.66% | 4.59% | 3.93% |
| AMATApplied Materials, Inc. | 0.63% | 4.52% | 3.89% |
| METAMeta Platforms Inc | 2.42% | 2.37% | 0.05% |
| MUMicron Technology, Inc. | 1.92% | 2.69% | 0.77% |
| LLYEli Lilly & Co. | 1.40% | 2.45% | 1.05% |
80.5% of NANC 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 NANC?
ACIO has an expense ratio of 0.79% while NANC charges 0.72%. NANC is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, ACIO or NANC?
Over the past year ACIO returned +8.79% vs +15.98% for NANC, so NANC leads on 1-year performance. Over the longest common window we track (4 years), ACIO annualized +13.37% vs +21.28% for NANC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACIO or NANC?
NANC has been the more volatile fund at 14.5% annualized versus 9.2% for ACIO. Worst drawdown: ACIO -12.1% vs NANC -20.9%.
Should I hold both ACIO and NANC?
ACIO and NANC have a monthly-return correlation of 0.95, 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 NANC?
80.5% of NANC's money is in holdings ACIO also owns. 80.5% of NANC'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 89 in NANC.
Which pays a higher dividend, ACIO or NANC?
ACIO yields 0.39% while NANC yields 0.18%, so ACIO currently pays the higher dividend yield.
Is NANC better than ACIO?
NANC has a lower expense ratio. NANC led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.95. ACIO is less concentrated, with 40.8% of the fund in its ten largest positions against 47.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.