Data as of .
ACIO vs QCLR: which moved less with stocks?
Over the year to Sep 18, 2026, QCLR moved less with the S&P 500 than ACIO: correlation +0.89 against +0.98.
ETFIQ Diversifier Score: QCLR scores higher
How much does it diversify a stock portfolio?
A percentile among the 63 alternatives ETFs with a full year. It is a position in a set, not a rating, and neither end of it is a recommendation. All alternatives ETFs ranked by it · How it is computed
One strategy, two funds
ACIO and QCLR both run a hedged equity strategy. Over the same 52 weeks to Sep 18, 2026, ACIO’s weekly returns had a correlation of +0.98 with the S&P 500 and QCLR’s +0.89. In the 22 weeks the index fell, by 1.24% a week on average, ACIO averaged −1.00% and QCLR −1.22%. Over the same weeks, ACIO finished 4.4 percentage points ahead of cash and QCLR finished 5.0 points behind cash.
Performance, window by window
| Window | Total return | vs the S&P 500 | ||
|---|---|---|---|---|
| ACIO | QCLR | ACIO | QCLR | |
| 3 months | +0.7% | −3.9% | −1.5 pts | −6.2 pts |
| 6 months | +11.2% | +4.0% | −6.9 pts | −14.0 pts |
| 1 year | +8.4% | −1.2% | −8.1 pts | −17.7 pts |
| 3 years | +52.1% | +43.1% | −26.3 pts | −35.3 pts |
| Since launch | +98.6% | +41.0% | −84.8 pts | −42.2 pts |
| ACIO Aptus Collared Investment Opportunity ETF Hedged equity fund: owns stocks and pays for protection against a fall, most often with put options | QCLR Global X NASDAQ 100 Collar 95-110 ETF Hedged equity fund: owns stocks and pays for protection against a fall, most often with put options | |
|---|---|---|
| Issuer | Aptus | Global X |
| Strategy | Hedged equity | Hedged equity |
| Correlation with the S&P 500 | +0.98 | +0.89 |
| Beta to the S&P 500 | +0.75 | +0.71 |
| Down-week capture | 80.3% | 98.4% |
| Average week when the S&P 500 fell | −1.00% | −1.22% |
| The S&P 500 in those weeks | −1.24% | −1.24% |
| Total return, same 52 weeks | +8.1% | −1.4% |
| Against T-bills, percentage points | +4.4 pts | −5.0 pts |
| Expense ratio | 0.79% | 0.25% |
| Listed | Jul 10, 2019 | Aug 26, 2021 |
| Net assets | $2.3bn | $4m |
ACIO in plain words
ACIO is a hedged equity fund. ETFIQ measures what every alternatives fund is sold on: whether it moves differently from the stock market. Over the year to Sep 18, 2026, its weekly returns had a correlation of +0.98 with the S&P 500’s and a beta of +0.75, so for each 1% the index moved it moved about 0.75% the same way. The S&P 500 fell in 22 of those 52 weeks, by 1.24% on average. In the same weeks ACIO fell 1.00% on average, a down-week capture of 80.3%. Over the same 52 weeks ACIO returned +8.1% and a Treasury bill fund +3.6%, so it finished 4.4 percentage points ahead of cash.
QCLR in plain words
QCLR is a hedged equity fund. Over the year to Sep 18, 2026, its weekly returns had a correlation of +0.89 with the S&P 500’s and a beta of +0.71, so for each 1% the index moved it moved about 0.71% the same way. In the same weeks QCLR fell 1.22% on average, a down-week capture of 98.4%. Over the same 52 weeks QCLR returned −1.4% and a Treasury bill fund +3.6%, so it finished 5.0 percentage points behind cash.
Questions people ask
- Which moved less with the S&P 500, ACIO or QCLR?
- Over the 52 weeks to Sep 18, 2026, ACIO’s weekly returns had a correlation of +0.98 with the S&P 500 and QCLR’s +0.89, so QCLR moved less with the index.
- Which did better when the S&P 500 fell, ACIO or QCLR?
- In the 22 weeks the S&P 500 fell, by 1.24% a week on average, ACIO averaged −1.00% and QCLR −1.22%, so ACIO returned more in those weeks.
- Which earned more than cash, ACIO or QCLR?
- Over the same weeks, ACIO finished 4.4 percentage points ahead of cash and QCLR finished 5.0 percentage points behind cash. Cash here is BIL, a fund of Treasury bills.
- Which is cheaper, ACIO or QCLR?
- ACIO charges 0.79% a year and QCLR charges 0.25%, so QCLR is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, ACIO against QCLR, data as of Sep 18, 2026. https://etfiq.com/compare/alternatives/acio-vs-qclr Free to use with attribution; the underlying files are at Open data.