ADPV vs XVOL
Adaptiv Select ETF vs Acruence Active Hedge US Equity ETF
Which is better, ADPV or XVOL?
Each has led over a different period.
XVOL has a lower expense ratio. ADPV led over the full window, XVOL over 1Y. XVOL is less concentrated, with 17.8% 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 | XVOL |
|---|---|---|
| Expense Ratio | 1.00% | 0.83%Best |
| AUM | $176M | $2M |
| Dividend Yield | 0.69% | 2.00% |
| Holdings | 28 | 83 |
| Volatility (annualized) | 19.1% | 15.6%Best |
| Max Drawdown | -22.3% | -21.5%Best |
| $10,000 over 3.4 years | $17,020Best | $14,203 |
| Top 10 Weight | 45.5% | 17.8%Best |
| Fund Family | Adaptive ETFs | Acruence Capital, LLC |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 4, 2022 | Apr 21, 2021 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 181 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 XVOL through Apr 16, 2026.
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: Nov 4, 2022 to Apr 16, 2026 (3.4 years).
Risk: Volatility and Drawdowns
ADPV has been the more volatile fund, with annualized monthly volatility of 19.1% compared with 15.6% for XVOL. 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 -21.5% for XVOL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ADPV charges 1.00% per year while XVOL charges 0.83%. On a $10,000 position that is $100 vs $83 annually, a gap of $17 per year that compounds over a long holding period. On income, ADPV currently yields 0.69% against 2.00% for XVOL.
Holdings Overlap
We hold position weights for 26 holdings in ADPV and 81 in XVOL, totalling 99.9% and 99.9% 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 274 days apart, ADPV as of Oct 1, 2026 and XVOL as of Dec 31, 2025, 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 81 in XVOL, against full books of 28 and 83.
What only one of them owns
Our book lists 79 positions for XVOL that do not appear in our book for ADPV (97.5% of the fund), and 22 for ADPV that do not appear in XVOL (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 XVOL 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 XVOL?
ADPV has an expense ratio of 1.00% while XVOL charges 0.83%. XVOL is the cheaper option, by $17 a year on a $10,000 investment.
Which is riskier, ADPV or XVOL?
ADPV has been the more volatile fund at 19.1% annualized versus 15.6% for XVOL. Worst drawdown: ADPV -22.3% vs XVOL -21.5%.
Should I hold both ADPV and XVOL?
ADPV and XVOL have a monthly-return correlation of 0.73, 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 XVOL?
ADPV yields 0.69% while XVOL yields 2.00%, so XVOL currently pays the higher dividend yield.
Is XVOL better than ADPV?
XVOL has a lower expense ratio. ADPV led over the full window, XVOL over 1Y. XVOL is less concentrated, with 17.8% 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.