AESR vs NITE
Anfield US Equity Sector Rotation ETF vs The Nightview Fund ETF
Which is better, AESR or NITE?
Each has led over a different period.
AESR has a lower expense ratio. AESR led over 1Y, NITE over the full window. NITE is less concentrated, with 69.0% 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 | NITE |
|---|---|---|
| Expense Ratio | 0.97%Best | 1.25% |
| AUM | $257M | $35M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 66 | 38 |
| YTD Return | +14.49%Best | +4.15% |
| 1Y Return | +18.02%Best | +10.11% |
| 3Y Return (annualized) | +24.85% | - |
| 5Y Return (annualized) | +13.25% | - |
| Volatility (annualized) | 14.9%Best | 20.6% |
| Max Drawdown | -19.9%Best | -29.6% |
| $10,000 over 2.3 years | $14,851 | $15,420Best |
| Top 10 Weight | 84.6% | 69.0%Best |
| Fund Family | Horizon Funds | Nightview Capital |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 16, 2019 | Jun 21, 2024 |
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: Jun 24, 2024 to Oct 14, 2026 (2.3 years).
AESR vs NITE 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 2.3 years both funds cover.
AESR vs NITE Performance
Anfield US Equity Sector Rotation ETF (AESR) is an ETF from Horizon Funds and The Nightview Fund ETF (NITE) is an ETF from Nightview Capital. Over the past year AESR returned +18.02% while NITE returned +10.11%. Year to date, AESR is up 14.49% versus a gain of 4.15% for NITE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NITE has been the more volatile fund, with annualized monthly volatility of 20.6% compared with 14.9% 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 -29.6% for NITE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AESR charges 0.97% per year while NITE charges 1.25%. On a $10,000 position that is $97 vs $125 annually, a gap of $28 per year that compounds over a long holding period. On income, AESR currently yields 0.00% against 0.00% for NITE.
Holdings Overlap
We hold position weights for 32 holdings in AESR and 19 in NITE, totalling 100.1% and 99.8% 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 19 in NITE, against full books of 66 and 38.
What only one of them owns
Our book lists 19 positions for NITE that do not appear in our book for AESR (99.8% of the fund), and 29 for AESR that do not appear in NITE (97.8%).
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 NITE 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 NITE?
AESR has an expense ratio of 0.97% while NITE charges 1.25%. AESR is the cheaper option, by $28 a year on a $10,000 investment.
Which performed better, AESR or NITE?
Over the past year AESR returned +18.02% vs +10.11% for NITE, so AESR leads on 1-year performance. Over the longest common window we track (2 years), AESR annualized +18.76% vs +20.72% for NITE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AESR or NITE?
NITE has been the more volatile fund at 20.6% annualized versus 14.9% for AESR. Worst drawdown: AESR -19.9% vs NITE -29.6%.
Should I hold both AESR and NITE?
AESR and NITE have a monthly-return correlation of 0.66, 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 NITE?
AESR yields 0.00% while NITE yields 0.00%, so NITE currently pays the higher dividend yield.
Is NITE better than AESR?
AESR has a lower expense ratio. AESR led over 1Y, NITE over the full window. NITE is less concentrated, with 69.0% 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.