ADPV vs CANC
Adaptiv Select ETF vs Tema Oncology ETF
Which is better, ADPV or CANC?
Each has led over a different period.
CANC has a lower expense ratio. ADPV led over the full window, CANC over 1Y and 3Y. CANC is less concentrated, with 40.0% of the fund in its ten largest positions against 45.5%.
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 | ADPV | CANC |
|---|---|---|
| Expense Ratio | 1.00% | 0.75%Best |
| AUM | $176M | $197M |
| Dividend Yield | 0.69% | 0.05% |
| Holdings | 28 | 118 |
| YTD Return | -0.81% | +14.86%Best |
| 1Y Return | -3.77% | +34.85%Best |
| 3Y Return (annualized) | +22.15% | +22.41%Best |
| Volatility (annualized) | 19.4%Tie | 19.4%Tie |
| Max Drawdown | -22.3%Best | -26.1% |
| $10,000 over 3.2 years | $17,764Best | $16,937 |
| Top 10 Weight | 45.5% | 40.0%Best |
| Fund Family | Adaptive ETFs | Tema Global Limited |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 4, 2022 | Aug 15, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Aug 15, 2023 to Oct 14, 2026 (3.2 years).
ADPV vs CANC 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 3.2 years both funds cover.
ADPV vs CANC Performance
Adaptiv Select ETF (ADPV) is an ETF from Adaptive ETFs and Tema Oncology ETF (CANC) is an ETF from Tema Global Limited. Over the past year ADPV returned -3.77% while CANC returned +34.85%. Year to date, ADPV is down 0.81% versus a gain of 14.86% for CANC.
Over three years, ADPV compounded at +22.15% per year against +22.41% for CANC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ADPV and CANC have been equally volatile, both at 19.4% annualized.
The deepest peak-to-trough decline in our data was -22.3% for ADPV and -26.1% for CANC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.52. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ADPV charges 1.00% per year while CANC charges 0.75%. On a $10,000 position that is $100 vs $75 annually, a gap of $25 per year that compounds over a long holding period. On income, ADPV currently yields 0.69% against 0.05% for CANC.
Holdings Overlap
5.4% of ADPV's money is in holdings CANC also owns. 6.3% of CANC's money is in holdings ADPV also owns.
CANC and ADPV share little of their money.
2 positions in common, counted across the 26 positions we hold weights for in ADPV and 59 in CANC, against full books of 28 and 118.
What only one of them owns
Our book lists 47 positions for CANC that do not appear in our book for ADPV (74.8% of the fund), and 20 for ADPV that do not appear in CANC (79.3%).
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.
You are not choosing between two funds in isolation.
Whichever of ADPV and CANC you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ADPV or CANC?
ADPV has an expense ratio of 1.00% while CANC charges 0.75%. CANC is the cheaper option, by $25 a year on a $10,000 investment.
Which performed better, ADPV or CANC?
Over the past year ADPV returned -3.77% vs +34.85% for CANC, so CANC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ADPV or CANC?
ADPV and CANC have been equally volatile, both at 19.4% annualized. Worst drawdown: ADPV -22.3% vs CANC -26.1%.
Should I hold both ADPV and CANC?
ADPV and CANC have a monthly-return correlation of 0.52, 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 ADPV and CANC?
6.3% of CANC's money is in holdings ADPV also owns. 6.3% of CANC's is in holdings ADPV also owns. They hold 2 positions in common, counted across the 26 positions we hold weights for in ADPV and 59 in CANC.
Which pays a higher dividend, ADPV or CANC?
ADPV yields 0.69% while CANC yields 0.05%, so ADPV currently pays the higher dividend yield.
Is CANC better than ADPV?
CANC has a lower expense ratio. ADPV led over the full window, CANC over 1Y and 3Y. CANC is less concentrated, with 40.0% of the fund in its ten largest positions against 45.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.