ADME vs DIVP
Aptus Drawdown Managed Equity ETF vs Cullen Enhanced Equity Income ETF
Which is better, ADME or DIVP?
Each has led over a different period.
DIVP has a lower expense ratio. ADME led over the full window, DIVP over 1Y. DIVP is less concentrated, with 36.4% of the fund in its ten largest positions against 40.3%.
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 | ADME | DIVP |
|---|---|---|
| Expense Ratio | 0.79% | 0.55%Best |
| AUM | $313M | $61M |
| Dividend Yield | 0.36% | 6.81% |
| Holdings | 167 | 47 |
| YTD Return | +9.94%Best | +9.06% |
| 1Y Return | +10.86% | +14.04%Best |
| 3Y Return (annualized) | +16.81% | - |
| 5Y Return (annualized) | +7.38% | - |
| Volatility (annualized) | 10.9% | 10.4%Best |
| Max Drawdown | -15.7% | -13.4%Best |
| $10,000 over 2.6 years | $13,728Best | $12,357 |
| Top 10 Weight | 40.3% | 36.4%Best |
| Fund Family | Aptus ETFs | Cullen Funds |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jun 8, 2016 | Mar 6, 2024 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Mar 7, 2024 to Oct 14, 2026 (2.6 years).
ADME vs DIVP 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 2.6 years both funds cover.
ADME vs DIVP Performance
Aptus Drawdown Managed Equity ETF (ADME) is an ETF from Aptus ETFs and Cullen Enhanced Equity Income ETF (DIVP) is an ETF from Cullen Funds. Over the past year ADME returned +10.86% while DIVP returned +14.04%. Year to date, ADME is up 9.94% versus a gain of 9.06% for DIVP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ADME has been the more volatile fund, with annualized monthly volatility of 10.9% compared with 10.4% for DIVP. 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 -15.7% for ADME and -13.4% for DIVP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.39. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ADME charges 0.79% per year while DIVP charges 0.55%. On a $10,000 position that is $79 vs $55 annually, a gap of $24 per year that compounds over a long holding period. On income, ADME currently yields 0.36% against 6.81% for DIVP.
Holdings Overlap
8.9% of ADME's money is in holdings DIVP also owns. 42.0% of DIVP's money is in holdings ADME also owns.
The two portfolios partly overlap.
14 positions in common, counted across the 164 positions we hold weights for in ADME and 35 in DIVP, against full books of 167 and 47.
What only one of them owns
Our book lists 19 positions for DIVP that do not appear in our book for ADME (52.4% of the fund), and 149 for ADME that do not appear in DIVP (89.9%).
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 ADME | Weight in DIVP | Difference |
|---|---|---|---|
| XOMExxonmobil Corp. | 1.52% | 3.39% | 1.87% |
| UNHUnitedhealth Group Incorporated | 0.73% | 3.71% | 2.98% |
| CCitigroup Inc. | 0.92% | 3.11% | 2.19% |
| MRKMerck & Company Inc | 0.54% | 3.47% | 2.93% |
| IBMInternational Business Machines Corp. | 0.38% | 3.31% | 2.93% |
| MDTMedtronic Plc Ordinary Shares | 0.22% | 3.45% | 3.23% |
| TAT&T Inc. | 0.31% | 3.34% | 3.03% |
| BMYBristol-Myers Squibb Co. | 0.20% | 3.42% | 3.22% |
| DUKDuke Energy Corp | 0.68% | 2.89% | 2.21% |
| VZVerizon Communic | 0.34% | 3.04% | 2.70% |
42.0% of DIVP is already inside ADME.
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, ADME or DIVP?
ADME has an expense ratio of 0.79% while DIVP charges 0.55%. DIVP is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, ADME or DIVP?
Over the past year ADME returned +10.86% vs +14.04% for DIVP, so DIVP leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ADME or DIVP?
ADME has been the more volatile fund at 10.9% annualized versus 10.4% for DIVP. Worst drawdown: ADME -15.7% vs DIVP -13.4%.
Should I hold both ADME and DIVP?
ADME and DIVP have a monthly-return correlation of 0.39, 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 ADME and DIVP?
42.0% of DIVP's money is in holdings ADME also owns. 42.0% of DIVP's is in holdings ADME also owns. They hold 14 positions in common, counted across the 164 positions we hold weights for in ADME and 35 in DIVP.
Which pays a higher dividend, ADME or DIVP?
ADME yields 0.36% while DIVP yields 6.81%, so DIVP currently pays the higher dividend yield.
Is DIVP better than ADME?
DIVP has a lower expense ratio. ADME led over the full window, DIVP over 1Y. DIVP is less concentrated, with 36.4% of the fund in its ten largest positions against 40.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.