APCB vs SCEC
ActivePassive Core Bond ETF vs Sterling Capital Enhanced Core Bond ETF
Which is better, APCB or SCEC?
Nearly the same fund. APCB costs less.
APCB has a lower expense ratio. APCB led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.98.
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 | APCB | SCEC |
|---|---|---|
| Expense Ratio | 0.36%Best | 0.39% |
| AUM | $989M | $604M |
| Dividend Yield | 4.44% | 5.20% |
| Holdings | 3,770 | 360 |
| YTD Return | -2.08%Best | -6.25% |
| 1Y Return | -1.94%Best | -6.44% |
| 3Y Return (annualized) | +3.95% | - |
| Volatility (annualized) | 3.6%Best | 4.2% |
| Max Drawdown | -4.6%Best | -7.9% |
| $10,000 over 1.6 years | $10,267Best | $9,796 |
| Fund Family | Envestnet Asset Management | Sterling Capital Active ETF |
| Category | Fixed Income | Fixed Income |
| Inception | May 3, 2023 | Mar 14, 2025 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight, Style.
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Mar 14, 2025 to Oct 14, 2026 (1.6 years).
APCB vs SCEC 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 1.6 years both funds cover.
APCB vs SCEC Performance
ActivePassive Core Bond ETF (APCB) is an ETF from Envestnet Asset Management and Sterling Capital Enhanced Core Bond ETF (SCEC) is an ETF from Sterling Capital Active ETF. Over the past year APCB returned -1.94% while SCEC returned -6.44%. Year to date, APCB is down 2.08% versus a loss of 6.25% for SCEC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCEC has been the more volatile fund, with annualized monthly volatility of 4.2% compared with 3.6% for APCB. 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 -4.6% for APCB and -7.9% for SCEC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
APCB charges 0.36% per year while SCEC charges 0.39%. On a $10,000 position that is $36 vs $39 annually, a gap of $3 per year that compounds over a long holding period. On income, APCB currently yields 4.44% against 5.20% for SCEC.
Holdings Overlap
We hold position weights for 1,221 holdings in APCB and 178 in SCEC, totalling 75.9% and 40.9% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 15 positions appear in both.
15 positions in common, counted across the 1,221 positions we hold weights for in APCB and 178 in SCEC, against full books of 3,770 and 360.
Top Shared Holdings
| Stock | Weight in APCB | Weight in SCEC | Difference |
|---|---|---|---|
| T 4.25 08/15/54Treasury Bond (Otr) 4.25% Aug 15, 2054 | 0.08% | 2.74% | 2.66% |
| T 1.375 08/15/50United States Treas Bds 1.375% 08/15/2050 | 0.09% | 2.37% | 2.28% |
| T 3.375 11/15/48United States Treasury Note/Bond 3.38% 11/15/2048 | 0.06% | 0.67% | 0.61% |
| T 4 02/15/34United States Treasury 4.00% 15-Feb-2034 | 0.25% | 0.24% | 0.01% |
| T 0.875 11/15/30U.S. Treasury Note 0.875%, 11/15/30 | 0.39% | 0.09% | 0.30% |
| BBCMS 2025-5C36 A3Bbcms_25-5C36 A3 5.52% Aug 15, 2058 | 0.11% | 0.36% | 0.25% |
| ALLY 6.7 02/14/33Ally Financial, Inc. 6.70%, 02/14/33 | 0.00% | 0.21% | 0.21% |
| GBLATL 6.75 03/15/54Global Atlantic Fin Co Company Guar 144A 03/54 6.75 | 0.01% | 0.18% | 0.17% |
| AMGN 5.6 03/02/43Amgen Inc 5.60% 03/02/43 | 0.01% | 0.17% | 0.16% |
| AKERBP 5.8 10/01/54 | 0.04% | 0.13% | 0.09% |
You are not choosing between two funds in isolation.
Whichever of APCB and SCEC 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, APCB or SCEC?
APCB has an expense ratio of 0.36% while SCEC charges 0.39%. APCB is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, APCB or SCEC?
Over the past year APCB returned -1.94% vs -6.44% for SCEC, so APCB leads on 1-year performance. Over the longest common window we track (2 years), APCB annualized +1.66% vs -1.28% for SCEC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, APCB or SCEC?
SCEC has been the more volatile fund at 4.2% annualized versus 3.6% for APCB. Worst drawdown: APCB -4.6% vs SCEC -7.9%.
Should I hold both APCB and SCEC?
APCB and SCEC have a monthly-return correlation of 0.98, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, APCB or SCEC?
APCB yields 4.44% while SCEC yields 5.20%, so SCEC currently pays the higher dividend yield.
Is SCEC better than APCB?
APCB has a lower expense ratio. APCB led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.98. Which one suits a particular account depends on what it is for. This is information, not a recommendation.