ACIO vs VOO

Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricACIOVOOWinner
Expense Ratio0.79%0.03%
AUM$2.3B$979.0B
Dividend Yield0.38%1.09%
Holdings221509
YTD Return+5.20%+9.95%
1Y Return+10.38%+19.58%
3Y Return (annualized)+13.55%+19.43%
5Y Return (annualized)+9.18%+12.89%
Volatility (annualized)10.1%14.2%
Max Drawdown-14.9%-34.3%
Fund FamilyAptus ETFsVanguard (US)
CategoryEquityEquity
InceptionJul 9, 2019Sep 7, 2010

ACIO vs VOO Performance

Aptus Collared Investment Opportunity ETF (ACIO) is a ETF from Aptus ETFs and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year ACIO returned +10.38% while VOO returned +19.58%. Year to date, ACIO is up 5.20% versus a gain of 9.95% for VOO.

Over three years, ACIO compounded at +13.55% per year against +19.43% for VOO; over five years the annualized figures are +9.18% and +12.89% respectively. Across the full 7-year window we track, VOO has the edge at +13.35% annualized vs +9.53%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 10.1% for ACIO. 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 -14.9% for ACIO and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

ACIO charges 0.79% per year while VOO charges 0.03%. On a $10,000 position that is $79 vs $3 annually, a gap of $76 per year that compounds over a long holding period. On income, ACIO currently yields 0.38% against 1.09% for VOO.

Holdings Overlap

68.2%overlap

ACIO and VOO share 143 holdings out of 511 unique holdings combined, representing a 68.2% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in ACIOWeight in VOODifference
NVDA7.82%7.51%0.31%
AAPL6.43%6.59%0.16%
MSFT4.90%4.30%0.60%
GOOGProProPro
AMZNProProPro
AVGOProProPro
METAProProPro
TSLAProProPro
MUProProPro
JPMProProPro
See all 10 holdings ACIO shares with VOO
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, ACIO or VOO?

ACIO has an expense ratio of 0.79% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $76 per year of difference.

Which performed better, ACIO or VOO?

Over the past year ACIO returned +10.38% vs +19.58% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (7 years), ACIO annualized +9.53% vs +13.35% for VOO. Past performance does not guarantee future results.

Which is riskier, ACIO or VOO?

VOO has been the more volatile fund at 14.2% annualized versus 10.1% for ACIO. Worst drawdown: ACIO -14.9% vs VOO -34.3%.

Should I hold both ACIO and VOO?

ACIO and VOO have a monthly-return correlation of 0.89, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between ACIO and VOO?

ACIO and VOO share 143 common holdings with a 68.2% weight overlap. Combined, they hold 511 unique securities.

Which pays a higher dividend, ACIO or VOO?

ACIO yields 0.38% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.

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