ADPV vs SPYU
Adaptiv Select ETF vs MAX S&P 500 4X Leveraged ETN
Which is better, ADPV or SPYU?
SPYU has been ahead.
SPYU led over 1Y and the full window.
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 | SPYU |
|---|---|---|
| Expense Ratio | 1.00% | - |
| AUM | $176M | $567M |
| Dividend Yield | 0.69% | 0.00% |
| Holdings | 28 | - |
| YTD Return | -0.81% | +24.74%Best |
| 1Y Return | -3.77% | +32.09%Best |
| 3Y Return (annualized) | +22.15% | - |
| Volatility (annualized) | 19.3%Best | 49.1% |
| Max Drawdown | -22.3%Best | -62.3% |
| $10,000 over 2.9 years | $18,836 | $28,049Best |
| Fund Family | Adaptive ETFs | BMO Capital Markets |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 4, 2022 | Dec 4, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Dec 5, 2023 to Oct 14, 2026 (2.9 years).
ADPV vs SPYU 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 2.9 years both funds cover.
ADPV vs SPYU Performance
Adaptiv Select ETF (ADPV) is an ETF from Adaptive ETFs and MAX S&P 500 4X Leveraged ETN (SPYU) is an ETF from BMO Capital Markets. Over the past year ADPV returned -3.77% while SPYU returned +32.09%. Year to date, ADPV is down 0.81% versus a gain of 24.74% for SPYU.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPYU has been the more volatile fund, with annualized monthly volatility of 49.1% 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 -62.3% for SPYU. 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.
You are not choosing between two funds in isolation.
Whichever of ADPV and SPYU 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 performed better, ADPV or SPYU?
Over the past year ADPV returned -3.77% vs +32.09% for SPYU, so SPYU leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ADPV or SPYU?
SPYU has been the more volatile fund at 49.1% annualized versus 19.3% for ADPV. Worst drawdown: ADPV -22.3% vs SPYU -62.3%.
Should I hold both ADPV and SPYU?
ADPV and SPYU 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 SPYU?
ADPV yields 0.69% while SPYU yields 0.00%, so ADPV currently pays the higher dividend yield.
Is SPYU better than ADPV?
SPYU led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.