Aptus Drawdown Managed Equity ETF (ADME) is a ETF from Aptus ETFs and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year ADME returned +17.55% while SPY returned +23.94%. Year to date, ADME is up 11.14% versus a gain of 13.28% for SPY.

Over three years, ADME compounded at +16.20% per year against +21.07% for SPY; over five years the annualized figures are +7.51% and +13.27% respectively. Across the full 10-year window we track, SPY has the edge at +8.84% annualized vs +8.66%. Past performance does not guarantee future results.

SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 13.5% for ADME. 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 -28.7% for ADME and -56.5% for SPY. 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 0.87. They usually move together, but the gap leaves some room for diversification.

ADME charges 0.79% per year while SPY charges 0.09%. On a $10,000 position that is $79 vs $9 annually, a gap of $70 per year that compounds over a long holding period. On income, ADME currently yields 0.35% against 1.01% for SPY.