ADPV vs RSHO
Adaptiv Select ETF vs Tema American Reshoring ETF
Which is better, ADPV or RSHO?
RSHO has been ahead.
RSHO has a lower expense ratio. RSHO led over 1Y and the full window. ADPV is less concentrated, with 45.5% of the fund in its ten largest positions against 61.1%.
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 | RSHO |
|---|---|---|
| Expense Ratio | 1.00% | 0.75%Best |
| AUM | $176M | $302M |
| Dividend Yield | 0.69% | 0.23% |
| Holdings | 28 | 25 |
| Volatility (annualized) | 19.3%Best | 22.6% |
| Max Drawdown | -22.3%Best | -27.3% |
| $10,000 over 3.1 years | $21,067 | $24,965Best |
| Top 10 Weight | 45.5%Best | 61.1% |
| Fund Family | Adaptive ETFs | Tema Global Limited |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 4, 2022 | May 11, 2023 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 118 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. ADPV has data through Oct 14, 2026 and RSHO through Jun 18, 2026.
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: May 11, 2023 to Jun 18, 2026 (3.1 years).
Risk: Volatility and Drawdowns
RSHO has been the more volatile fund, with annualized monthly volatility of 22.6% compared with 19.3% 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 -27.3% for RSHO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ADPV charges 1.00% per year while RSHO 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 0.23% for RSHO.
Holdings Overlap
We hold position weights for 26 holdings in ADPV and 24 in RSHO, totalling 99.9% and 99.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 154 days apart, ADPV as of Oct 1, 2026 and RSHO as of Apr 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 26 positions we hold weights for in ADPV and 24 in RSHO, against full books of 28 and 25.
What only one of them owns
Our book lists 22 positions for RSHO that do not appear in our book for ADPV (91.7% of the fund), and 22 for ADPV that do not appear in RSHO (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 RSHO 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 RSHO?
ADPV has an expense ratio of 1.00% while RSHO charges 0.75%. RSHO is the cheaper option, by $25 a year on a $10,000 investment.
Which is riskier, ADPV or RSHO?
RSHO has been the more volatile fund at 22.6% annualized versus 19.3% for ADPV. Worst drawdown: ADPV -22.3% vs RSHO -27.3%.
Should I hold both ADPV and RSHO?
ADPV and RSHO have a monthly-return correlation of 0.75, 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 RSHO?
ADPV yields 0.69% while RSHO yields 0.23%, so ADPV currently pays the higher dividend yield.
Is RSHO better than ADPV?
RSHO has a lower expense ratio. RSHO led over 1Y and the full window. ADPV is less concentrated, with 45.5% of the fund in its ten largest positions against 61.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.