Adaptive Select ETF (ADPV) Performance
ADPV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +3.4% since Dec 31, 2025
- 1 year
- +3.1% total return
- 3 years
- +25.2% a year
- Since first price
- +16.0% a year since 2022
ADPV trailing returns vs SPY, QQQ, AGG
| Period | ADPV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +2.0% | +2.0% | −1.0% | −5.0% | +0.9% |
| 3 months | −4.3% | −4.3% | +3.2% | +1.9% | −0.4% |
| 6 months | +3.6% | +3.6% | +7.8% | +8.4% | −1.5% |
| YTD | +3.4% | +3.4% | +12.3% | +15.1% | −1.0% |
| 1 year | +3.1% | +2.5% | +14.4% | +15.9% | −1.1% |
| 3 years | +96.4%+25.2%/yr | +93.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionNov 4, 2022 | +80.2%+16.0%/yr | +77.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: ADPV vs SPY
From Nov 4, 2022: ADPV grew to $18,023, SPY to $21,268.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
ADPV returns by calendar year
2 of 3 full years positive. Best 2024 (+43.9%), worst 2023 (−0.6%). 2026 is year to date.
ADPV annual returns table
| Year | ADPV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +3.4% | −11.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +21.2% | −22.3% | +17.7% | +20.8% | +7.2% |
| 2024 | +43.9% | −10.3% | +24.9% | +25.6% | +1.3% |
| 2023 | −0.6% | −14.7% | +26.2% | +54.9% | +5.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
ADPV largest drawdowns
Now 9.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 18, 2025 | −22.3% | Mar 10, 2025 | Sep 18, 2025 | 20 days | 7 months |
| Jul 18, 2023 | −14.7% | Oct 27, 2023 | Feb 8, 2024 | 3 months | 7 months |
| Oct 14, 2025 | −13.9% | Nov 20, 2025 | Jan 6, 2026 | 37 days | 3 months |
| Mar 3, 2023 | −12.8% | Apr 26, 2023 | Jul 13, 2023 | 54 days | 4 months |
| Jan 22, 2026 | −11.9% | Mar 13, 2026 | May 6, 2026 | 50 days | 3 months |
| Jun 12, 2026 | −11.5% | Sep 29, 2026 | not yet | 4 months | 4 months so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
ADPV risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +21.9% | +15.8% |
| Volatility (annualized) | 19.5% | 19.0% |
| Sharpe ratio | 0.89 | 0.64 |
| Sortino ratio | 1.64 | 1.12 |
| Best month | +15.5% | +15.5% |
| Worst month | −8.7% | −8.7% |
| Best 12 months | +61.9% | +61.9% |
| Worst 12 months | +2.5% | −6.0% |
| Positive months | 61% | 57% |
| Beta vs S&P 500 | 1.06 | — |
| Correlation with S&P 500 | 0.67 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
ADPV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 36 | −6.0% | +23.2% | +61.9% | 92% |
| 3-year (a year) | 12 | +20.1% | +21.9% | +27.9% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
ADPV performance overview
Adaptive Select ETF (ADPV) returned +3.1% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +16.0% a year, turning $10,000 into about $18,023. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −22.3%, from Feb 18, 2025 to Mar 10, 2025, and it took 6 months to get back to the old high. ADPV finished 2 of its 3 full calendar years with a gain; the best year was 2024 (+43.9%) and the worst 2023 (−0.6%). Volatility has been 19.0% a year.
Related: ADPV chart, ADPV holdings, ADPV dividends, ADPV valuation. See the ADPV overview for the latest quote and fund facts.
ADPV performance FAQ
What is the ADPV return over the past year?
ADPV returned +3.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 2.5%.
How much would $10,000 invested in ADPV be worth?
$10,000 invested in ADPV at its first recorded close on November 4, 2022 would be worth about $18,023 on October 23, 2026 with distributions reinvested.
What was the worst year for ADPV?
The worst calendar year was 2023, with a total return of −0.6%. The best was 2024 at +43.9%.
What is the biggest drawdown of ADPV?
The largest peak-to-trough decline was −22.3% between February 18, 2025 and March 10, 2025. It recovered to the old high on September 18, 2025, 6 months after the bottom.
How volatile is ADPV?
Over the past 3 years ADPV had an annualized volatility of 19.5% and a Sharpe ratio of 0.89 (excess return over 1–3 month T-bills per unit of risk).