AESR vs MEDX
Anfield US Equity Sector Rotation ETF vs Horizon Kinetics Medical ETF
Which is better, AESR or MEDX?
AESR has been ahead.
MEDX has a lower expense ratio. AESR led over 1Y, 3Y 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 | AESR | MEDX |
|---|---|---|
| Expense Ratio | 0.97% | 0.85%Best |
| AUM | $257M | $16M |
| Dividend Yield | 0.00% | 1.16% |
| Holdings | 66 | 68 |
| YTD Return | +15.25%Best | +8.66% |
| 1Y Return | +17.83%Best | +15.44% |
| 3Y Return (annualized) | +25.10%Best | +10.34% |
| 5Y Return (annualized) | +13.17% | - |
| Volatility (annualized) | 15.1% | 14.2%Best |
| Max Drawdown | -19.9%Best | -21.6% |
| $10,000 over 3.7 years | $20,593Best | $12,836 |
| Fund Family | Horizon Funds | Horizon Kinetics LLC |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 16, 2019 | Jan 27, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.7 years row, are measured over the window both funds cover: Jan 31, 2023 to Oct 15, 2026 (3.7 years).
AESR vs MEDX 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 3.7 years both funds cover.
AESR vs MEDX Performance
Anfield US Equity Sector Rotation ETF (AESR) is an ETF from Horizon Funds and Horizon Kinetics Medical ETF (MEDX) is an ETF from Horizon Kinetics LLC. Over the past year AESR returned +17.83% while MEDX returned +15.44%. Year to date, AESR is up 15.25% versus a gain of 8.66% for MEDX.
Over three years, AESR compounded at +25.10% per year against +10.34% for MEDX. Across the full 4-year window we track, AESR has the edge at +21.56% annualized vs +6.98%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AESR has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.2% for MEDX. 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 -21.6% for MEDX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.45. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AESR charges 0.97% per year while MEDX charges 0.85%. On a $10,000 position that is $97 vs $85 annually, a gap of $12 per year that compounds over a long holding period. On income, AESR currently yields 0.00% against 1.16% for MEDX.
Holdings Overlap
We hold position weights for 32 holdings in AESR and 31 in MEDX, totalling 100.1% and 91.6% 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 32 positions we hold weights for in AESR and 31 in MEDX, against full books of 66 and 68.
You are not choosing between two funds in isolation.
Whichever of AESR and MEDX 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 MEDX?
AESR has an expense ratio of 0.97% while MEDX charges 0.85%. MEDX is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, AESR or MEDX?
Over the past year AESR returned +17.83% vs +15.44% for MEDX, so AESR leads on 1-year performance. Over the longest common window we track (4 years), AESR annualized +21.56% vs +6.98% for MEDX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AESR or MEDX?
AESR has been the more volatile fund at 15.1% annualized versus 14.2% for MEDX. Worst drawdown: AESR -19.9% vs MEDX -21.6%.
Should I hold both AESR and MEDX?
AESR and MEDX have a monthly-return correlation of 0.45, 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, AESR or MEDX?
AESR yields 0.00% while MEDX yields 1.16%, so MEDX currently pays the higher dividend yield.
Is MEDX better than AESR?
MEDX has a lower expense ratio. AESR led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.