ADPV vs SECT
Adaptiv Select ETF vs Main Sector Rotation ETF
Which is better, ADPV or SECT?
Each has led over a different period.
SECT has a lower expense ratio. ADPV led over 3Y, SECT over 1Y and the full window. ADPV is less concentrated, with 45.5% of the fund in its ten largest positions against 100.0%.
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 | SECT |
|---|---|---|
| Expense Ratio | 1.00% | 0.69%Best |
| AUM | $176M | $2.9B |
| Dividend Yield | 0.69% | 0.69% |
| Holdings | 28 | 19 |
| YTD Return | -0.81% | +10.58%Best |
| 1Y Return | -3.77% | +14.28%Best |
| 3Y Return (annualized) | +22.15%Best | +18.91% |
| 5Y Return (annualized) | - | +11.81% |
| Volatility (annualized) | 18.8% | 13.5%Best |
| Max Drawdown | -22.3% | -21.7%Best |
| $10,000 over 3.9 years | $17,542 | $18,881Best |
| Top 10 Weight | 45.5%Best | 100.0% |
| Fund Family | Adaptive ETFs | Main Management ETF Advisors, LLC |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 4, 2022 | Sep 5, 2017 |
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 14, 2026 (3.9 years).
ADPV vs SECT 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 SECT Performance
Adaptiv Select ETF (ADPV) is an ETF from Adaptive ETFs and Main Sector Rotation ETF (SECT) is an ETF from Main Management ETF Advisors, LLC. Over the past year ADPV returned -3.77% while SECT returned +14.28%. Year to date, ADPV is down 0.81% versus a gain of 10.58% for SECT.
Over three years, ADPV compounded at +22.15% per year against +18.91% for SECT. Across the full 4-year window we track, SECT has the edge at +17.70% annualized vs +15.50%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ADPV has been the more volatile fund, with annualized monthly volatility of 18.8% compared with 13.5% for SECT. 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 -21.7% for SECT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ADPV charges 1.00% per year while SECT charges 0.69%. On a $10,000 position that is $100 vs $69 annually, a gap of $31 per year that compounds over a long holding period. On income, ADPV currently yields 0.69% against 0.69% for SECT.
Holdings Overlap
We hold position weights for 26 holdings in ADPV and 10 in SECT, totalling 99.9% and 100.0% 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 10 in SECT, against full books of 28 and 19.
What only one of them owns
Our book lists 10 positions for SECT that do not appear in our book for ADPV (100.0% of the fund), and 22 for ADPV that do not appear in SECT (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 SECT 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 SECT?
ADPV has an expense ratio of 1.00% while SECT charges 0.69%. SECT is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, ADPV or SECT?
Over the past year ADPV returned -3.77% vs +14.28% for SECT, so SECT leads on 1-year performance. Over the longest common window we track (4 years), ADPV annualized +15.50% vs +17.70% for SECT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ADPV or SECT?
ADPV has been the more volatile fund at 18.8% annualized versus 13.5% for SECT. Worst drawdown: ADPV -22.3% vs SECT -21.7%.
Should I hold both ADPV and SECT?
ADPV and SECT have a monthly-return correlation of 0.71, 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 SECT?
ADPV yields 0.69% while SECT yields 0.69%, so ADPV currently pays the higher dividend yield.
Is SECT better than ADPV?
SECT has a lower expense ratio. ADPV led over 3Y, SECT over 1Y and the full window. ADPV is less concentrated, with 45.5% of the fund in its ten largest positions against 100.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.