ADPV vs IAE
Adaptiv Select ETF vs Voya Asia Pacific High Dividend Equity Income Fund
Which is better, ADPV or IAE?
Each has led over a different period.
ADPV has a lower expense ratio. ADPV led over 3Y, IAE over 1Y and the full window. IAE is less concentrated, with 38.1% 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 | IAE |
|---|---|---|
| Expense Ratio | 1.00%Best | 1.21% |
| AUM | $176M | $95M |
| Dividend Yield | 0.69% | 8.68% |
| Holdings | 28 | 271 |
| YTD Return | -0.81% | +1.03%Best |
| 1Y Return | -3.77% | +6.56%Best |
| 3Y Return (annualized) | +22.15%Best | +19.94% |
| 5Y Return (annualized) | - | +7.99% |
| Volatility (annualized) | 18.8%Best | 21.1% |
| Max Drawdown | -22.3%Best | -23.3% |
| $10,000 over 3.9 years | $17,792 | $18,825Best |
| Top 10 Weight | 45.5% | 38.1%Best |
| Fund Family | Adaptive ETFs | Voya Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 4, 2022 | Mar 27, 2007 |
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Nov 4, 2022 to Oct 13, 2026 (3.9 years).
ADPV vs IAE 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 3.9 years both funds cover.
ADPV vs IAE Performance
Adaptiv Select ETF (ADPV) is an ETF from Adaptive ETFs and Voya Asia Pacific High Dividend Equity Income Fund (IAE) is an ETF from Voya Investment Management. Over the past year ADPV returned -3.77% while IAE returned +6.56%. Year to date, ADPV is down 0.81% versus a gain of 1.03% for IAE.
Over three years, ADPV compounded at +22.15% per year against +19.94% for IAE. Across the full 4-year window we track, IAE has the edge at +17.61% annualized vs +15.92%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IAE has been the more volatile fund, with annualized monthly volatility of 21.1% compared with 18.8% for ADPV. 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 -23.3% for IAE. 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
ADPV charges 1.00% per year while IAE charges 1.21%. On a $10,000 position that is $100 vs $121 annually, a gap of $21 per year that compounds over a long holding period. On income, ADPV currently yields 0.69% against 8.68% for IAE.
Holdings Overlap
We hold position weights for 26 holdings in ADPV and 248 in IAE, totalling 99.9% and 98.4% 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 248 in IAE, against full books of 28 and 271.
What only one of them owns
Our book lists 8 positions for IAE that do not appear in our book for ADPV (3.8% of the fund), and 22 for ADPV that do not appear in IAE (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 IAE 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 IAE?
ADPV has an expense ratio of 1.00% while IAE charges 1.21%. ADPV is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, ADPV or IAE?
Over the past year ADPV returned -3.77% vs +6.56% for IAE, so IAE leads on 1-year performance. Over the longest common window we track (4 years), ADPV annualized +15.92% vs +17.61% for IAE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ADPV or IAE?
IAE has been the more volatile fund at 21.1% annualized versus 18.8% for ADPV. Worst drawdown: ADPV -22.3% vs IAE -23.3%.
Should I hold both ADPV and IAE?
ADPV and IAE 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.
Which pays a higher dividend, ADPV or IAE?
ADPV yields 0.69% while IAE yields 8.68%, so IAE currently pays the higher dividend yield.
Is IAE better than ADPV?
ADPV has a lower expense ratio. ADPV led over 3Y, IAE over 1Y and the full window. IAE is less concentrated, with 38.1% 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.