ADPV vs LGDX
Adaptiv Select ETF vs Intech S&P Large Cap Diversified Alpha ETF
Which is better, ADPV or LGDX?
LGDX has been ahead.
LGDX has a lower expense ratio. LGDX led over 1Y and the full window. LGDX is less concentrated, with 37.6% 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 | LGDX |
|---|---|---|
| Expense Ratio | 1.00% | 0.25%Best |
| AUM | $176M | $147M |
| Dividend Yield | 0.69% | 0.47% |
| Holdings | 28 | 590 |
| YTD Return | -0.81% | +11.53%Best |
| 1Y Return | -3.77% | +14.44%Best |
| 3Y Return (annualized) | +22.15% | - |
| Volatility (annualized) | 16.4% | 12.5%Best |
| Max Drawdown | -13.9%Best | -15.8% |
| $10,000 over 1.6 years | $11,566 | $12,640Best |
| Top 10 Weight | 45.5% | 37.6%Best |
| Fund Family | Adaptive ETFs | Intech ETF |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 4, 2022 | Mar 1, 2025 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Feb 28, 2025 to Oct 14, 2026 (1.6 years).
ADPV vs LGDX 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 1.6 years both funds cover.
ADPV vs LGDX Performance
Adaptiv Select ETF (ADPV) is an ETF from Adaptive ETFs and Intech S&P Large Cap Diversified Alpha ETF (LGDX) is an ETF from Intech ETF. Over the past year ADPV returned -3.77% while LGDX returned +14.44%. Year to date, ADPV is down 0.81% versus a gain of 11.53% for LGDX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ADPV has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 12.5% for LGDX. 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 -13.9% for ADPV and -15.8% for LGDX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.57. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ADPV charges 1.00% per year while LGDX charges 0.25%. On a $10,000 position that is $100 vs $25 annually, a gap of $75 per year that compounds over a long holding period. On income, ADPV currently yields 0.69% against 0.47% for LGDX.
Holdings Overlap
23.6% of ADPV's money is in holdings LGDX also owns. 0.8% of LGDX's money is in holdings ADPV also owns.
ADPV and LGDX share little of their money.
5 positions in common, counted across the 26 positions we hold weights for in ADPV and 295 in LGDX, against full books of 28 and 590.
What only one of them owns
Our book lists 286 positions for LGDX that do not appear in our book for ADPV (98.7% of the fund), and 17 for ADPV that do not appear in LGDX (61.1%).
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.
23.6% of ADPV is already inside LGDX.
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, ADPV or LGDX?
ADPV has an expense ratio of 1.00% while LGDX charges 0.25%. LGDX is the cheaper option, by $75 a year on a $10,000 investment.
Which performed better, ADPV or LGDX?
Over the past year ADPV returned -3.77% vs +14.44% for LGDX, so LGDX leads on 1-year performance. Over the longest common window we track (2 years), ADPV annualized +9.52% vs +15.77% for LGDX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ADPV or LGDX?
ADPV has been the more volatile fund at 16.4% annualized versus 12.5% for LGDX. Worst drawdown: ADPV -13.9% vs LGDX -15.8%.
Should I hold both ADPV and LGDX?
ADPV and LGDX have a monthly-return correlation of 0.57, 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 LGDX?
23.6% of ADPV's money is in holdings LGDX also owns. 0.8% of LGDX's is in holdings ADPV also owns. They hold 5 positions in common, counted across the 26 positions we hold weights for in ADPV and 295 in LGDX.
Which pays a higher dividend, ADPV or LGDX?
ADPV yields 0.69% while LGDX yields 0.47%, so ADPV currently pays the higher dividend yield.
Is LGDX better than ADPV?
LGDX has a lower expense ratio. LGDX led over 1Y and the full window. LGDX is less concentrated, with 37.6% 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.