AESR vs CCSO
Anfield US Equity Sector Rotation ETF vs Carbon Collective Climate Solutions US Equity ETF
Which is better, AESR or CCSO?
AESR has been ahead.
CCSO has a lower expense ratio. AESR led over 1Y, 3Y and the full window. CCSO is less concentrated, with 49.7% of the fund in its ten largest positions against 84.6%.
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 | AESR | CCSO |
|---|---|---|
| Expense Ratio | 0.97% | 0.35%Best |
| AUM | $257M | $45M |
| Dividend Yield | 0.00% | 0.64% |
| Holdings | 66 | 124 |
| YTD Return | +14.49%Best | -3.16% |
| 1Y Return | +18.02%Best | -5.92% |
| 3Y Return (annualized) | +24.85%Best | +11.97% |
| 5Y Return (annualized) | +13.25% | - |
| Volatility (annualized) | 15.4%Best | 22.0% |
| Max Drawdown | -19.9%Best | -23.7% |
| $10,000 over 4.1 years | $21,693Best | $12,787 |
| Top 10 Weight | 84.6% | 49.7%Best |
| Fund Family | Horizon Funds | Carbon Collective Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 16, 2019 | Sep 19, 2022 |
Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: Sep 20, 2022 to Oct 14, 2026 (4.1 years).
AESR vs CCSO 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 4.1 years both funds cover.
AESR vs CCSO Performance
Anfield US Equity Sector Rotation ETF (AESR) is an ETF from Horizon Funds and Carbon Collective Climate Solutions US Equity ETF (CCSO) is an ETF from Carbon Collective Funds. Over the past year AESR returned +18.02% while CCSO returned -5.92%. Year to date, AESR is up 14.49% versus a loss of 3.16% for CCSO.
Over three years, AESR compounded at +24.85% per year against +11.97% for CCSO. Across the full 4-year window we track, AESR has the edge at +20.79% annualized vs +6.18%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CCSO has been the more volatile fund, with annualized monthly volatility of 22.0% compared with 15.4% for AESR. 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 -19.9% for AESR and -23.7% for CCSO. 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
AESR charges 0.97% per year while CCSO charges 0.35%. On a $10,000 position that is $97 vs $35 annually, a gap of $62 per year that compounds over a long holding period. On income, AESR currently yields 0.00% against 0.64% for CCSO.
Holdings Overlap
1.6% of AESR's money is in holdings CCSO also owns. 8.1% of CCSO's money is in holdings AESR also owns.
CCSO and AESR share little of their money.
3 positions in common, counted across the 32 positions we hold weights for in AESR and 123 in CCSO, against full books of 66 and 124.
What only one of them owns
Our book lists 89 positions for CCSO that do not appear in our book for AESR (77.3% of the fund), and 26 for AESR that do not appear in CCSO (96.2%).
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 AESR and CCSO 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, AESR or CCSO?
AESR has an expense ratio of 0.97% while CCSO charges 0.35%. CCSO is the cheaper option, by $62 a year on a $10,000 investment.
Which performed better, AESR or CCSO?
Over the past year AESR returned +18.02% vs -5.92% for CCSO, so AESR leads on 1-year performance. Over the longest common window we track (4 years), AESR annualized +20.79% vs +6.18% for CCSO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AESR or CCSO?
CCSO has been the more volatile fund at 22.0% annualized versus 15.4% for AESR. Worst drawdown: AESR -19.9% vs CCSO -23.7%.
Should I hold both AESR and CCSO?
AESR and CCSO 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.
What is the holdings overlap between AESR and CCSO?
8.1% of CCSO's money is in holdings AESR also owns. 8.1% of CCSO's is in holdings AESR also owns. They hold 3 positions in common, counted across the 32 positions we hold weights for in AESR and 123 in CCSO.
Which pays a higher dividend, AESR or CCSO?
AESR yields 0.00% while CCSO yields 0.64%, so CCSO currently pays the higher dividend yield.
Is CCSO better than AESR?
CCSO has a lower expense ratio. AESR led over 1Y, 3Y and the full window. CCSO is less concentrated, with 49.7% of the fund in its ten largest positions against 84.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.