ACIO vs USMC
Aptus Collared Investment Opportunity ETF vs Principal U.S. Mega-Cap ETF
Which is better, ACIO or USMC?
USMC has been ahead.
USMC has a lower expense ratio. USMC led over 1Y, 3Y, 5Y and the full window. ACIO is less concentrated, with 40.4% of the fund in its ten largest positions against 55.3%.
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 | USMC |
|---|---|---|
| Expense Ratio | 0.79% | 0.12%Best |
| AUM | $2.4B | $5.1B |
| Dividend Yield | 0.37% | 0.74% |
| Holdings | 524 | 58 |
| YTD Return | +9.18% | +15.26%Best |
| 1Y Return | +9.97% | +15.73%Best |
| 3Y Return (annualized) | +16.06% | +22.70%Best |
| 5Y Return (annualized) | +10.27% | +15.40%Best |
| Volatility (annualized) | 10.0%Best | 15.7% |
| Max Drawdown | -14.9%Best | -30.0% |
| $10,000 over 5 years | $16,304 | $20,466Best |
| Top 10 Weight | 40.4%Best | 55.3% |
| Fund Family | Aptus ETFs | Principal Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 9, 2019 | Oct 11, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Jul 10, 2019 to Oct 13, 2026 (7.3 years).
ACIO vs USMC 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 7.3 years both funds cover.
ACIO vs USMC Performance
Aptus Collared Investment Opportunity ETF (ACIO) is an ETF from Aptus ETFs and Principal U.S. Mega-Cap ETF (USMC) is an ETF from Principal Funds. Over the past year ACIO returned +9.97% while USMC returned +15.73%. Year to date, ACIO is up 9.18% versus a gain of 15.26% for USMC.
Over three years, ACIO compounded at +16.06% per year against +22.70% for USMC; over five years the annualized figures are +10.27% and +15.40% respectively. Across the full 7-year window we track, USMC has the edge at +15.49% annualized vs +9.82%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
USMC has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 10.0% 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 -14.9% for ACIO and -30.0% for USMC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ACIO charges 0.79% per year while USMC charges 0.12%. On a $10,000 position that is $79 vs $12 annually, a gap of $67 per year that compounds over a long holding period. On income, ACIO currently yields 0.37% against 0.74% for USMC.
Holdings Overlap
48.3% of ACIO's money is in holdings USMC also owns. 86.3% of USMC's money is in holdings ACIO also owns.
Most of USMC is already inside ACIO. Owning both mostly buys the same companies twice.
23 positions in common, counted across the 165 positions we hold weights for in ACIO and 27 in USMC, against full books of 524 and 58.
What only one of them owns
Our book lists 4 positions for USMC that do not appear in our book for ACIO (13.7% of the fund), and 141 for ACIO that do not appear in USMC (51.2%).
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 USMC | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.77% | 7.99% | 0.22% |
| AAPLApple, Inc | 7.43% | 7.40% | 0.03% |
| MSFTMicrosoft Corp | 5.75% | 5.55% | 0.20% |
| MUMicron Technology, Inc. | 1.63% | 7.18% | 5.55% |
| AMZNAmazon.Com Inc | 3.79% | 3.77% | 0.02% |
| AVGOBroadcom Inc | 2.49% | 4.44% | 1.95% |
| VVisa Inc Class A | 1.91% | 4.54% | 2.63% |
| JPMJpmorgan Chase | 1.77% | 4.65% | 2.88% |
| METAMeta Platforms Inc | 2.23% | 3.92% | 1.69% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 1.47% | 3.07% | 1.60% |
86.3% of USMC 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 USMC?
ACIO has an expense ratio of 0.79% while USMC charges 0.12%. USMC is the cheaper option, by $67 a year on a $10,000 investment.
Which performed better, ACIO or USMC?
Over the past year ACIO returned +9.97% vs +15.73% for USMC, so USMC leads on 1-year performance. Over the longest common window we track (7 years), ACIO annualized +9.82% vs +15.49% for USMC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACIO or USMC?
USMC has been the more volatile fund at 15.7% annualized versus 10.0% for ACIO. Worst drawdown: ACIO -14.9% vs USMC -30.0%.
Should I hold both ACIO and USMC?
ACIO and USMC have a monthly-return correlation of 0.89, 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 USMC?
86.3% of USMC's money is in holdings ACIO also owns. 86.3% of USMC's is in holdings ACIO also owns. They hold 23 positions in common, counted across the 165 positions we hold weights for in ACIO and 27 in USMC.
Which pays a higher dividend, ACIO or USMC?
ACIO yields 0.37% while USMC yields 0.74%, so USMC currently pays the higher dividend yield.
Is USMC better than ACIO?
USMC has a lower expense ratio. USMC led over 1Y, 3Y, 5Y and the full window. ACIO is less concentrated, with 40.4% of the fund in its ten largest positions against 55.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.