ADPV vs GGM
Adaptiv Select ETF vs GGM Macro Alignment ETF
Which is better, ADPV or GGM?
Each has led over a different period.
GGM has a lower expense ratio. ADPV led over 3Y and the full window, GGM over 1Y.
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 | GGM |
|---|---|---|
| Expense Ratio | 1.00% | 0.94%Best |
| AUM | $176M | $20M |
| Dividend Yield | 0.69% | 1.40% |
| Holdings | 28 | 10 |
| YTD Return | -0.81% | +11.45%Best |
| 1Y Return | -3.77% | +13.37%Best |
| 3Y Return (annualized) | +22.15%Best | +8.70% |
| Volatility (annualized) | 19.3% | 11.2%Best |
| Max Drawdown | -22.3% | -19.7%Best |
| $10,000 over 3 years | $18,100Best | $12,660 |
| Top 10 Weight | 45.5% | - |
| Fund Family | Adaptive ETFs | GGM Wealth Advisors |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 4, 2022 | Sep 25, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Sep 27, 2023 to Oct 14, 2026 (3 years).
ADPV vs GGM 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 years both funds cover.
ADPV vs GGM Performance
Adaptiv Select ETF (ADPV) is an ETF from Adaptive ETFs and GGM Macro Alignment ETF (GGM) is an ETF from GGM Wealth Advisors. Over the past year ADPV returned -3.77% while GGM returned +13.37%. Year to date, ADPV is down 0.81% versus a gain of 11.45% for GGM.
Over three years, ADPV compounded at +22.15% per year against +8.70% for GGM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ADPV has been the more volatile fund, with annualized monthly volatility of 19.3% compared with 11.2% for GGM. 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 -22.3% for ADPV and -19.7% for GGM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ADPV charges 1.00% per year while GGM charges 0.94%. On a $10,000 position that is $100 vs $94 annually, a gap of $6 per year that compounds over a long holding period. On income, ADPV currently yields 0.69% against 1.40% for GGM.
Holdings Overlap
We hold position weights for 26 holdings in ADPV and 5 in GGM, totalling 99.9% and 98.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 26 positions we hold weights for in ADPV and 5 in GGM, against full books of 28 and 10.
What only one of them owns
Our book lists 5 positions for GGM that do not appear in our book for ADPV (98.8% of the fund), and 22 for ADPV that do not appear in GGM (84.7%).
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.
You are not choosing between two funds in isolation.
Whichever of ADPV and GGM 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 GGM?
ADPV has an expense ratio of 1.00% while GGM charges 0.94%. GGM is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, ADPV or GGM?
Over the past year ADPV returned -3.77% vs +13.37% for GGM, so GGM leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ADPV or GGM?
ADPV has been the more volatile fund at 19.3% annualized versus 11.2% for GGM. Worst drawdown: ADPV -22.3% vs GGM -19.7%.
Should I hold both ADPV and GGM?
ADPV and GGM have a monthly-return correlation of 0.65, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, ADPV or GGM?
ADPV yields 0.69% while GGM yields 1.40%, so GGM currently pays the higher dividend yield.
Is GGM better than ADPV?
GGM has a lower expense ratio. ADPV led over 3Y and the full window, GGM over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.