ActivePassive International Equity ETF (APIE) Performance
APIE total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +6.8% since Dec 31, 2025
- 1 year
- +9.2% total return
- 3 years
- +19.5% a year
- Since first price
- +14.6% a year since 2023
APIE trailing returns vs SPY, QQQ, AGG
| Period | APIE total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.7% | −2.7% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.2% | −0.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +2.3% | +2.3% | +7.8% | +8.4% | −1.5% |
| YTD | +6.8% | +6.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +9.2% | +5.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +70.5%+19.5%/yr | +59.9% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionApr 18, 2023 | +61.7%+14.6%/yr | +51.6% | — | — | — |
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: APIE vs SPY
From Apr 18, 2023: APIE grew to $16,168, SPY to $19,163.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
APIE returns by calendar year
2 of 2 full years positive. Best 2025 (+31.5%), worst 2024 (+7.4%). 2026 is year to date.
APIE annual returns table
| Year | APIE | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +6.8% | −12.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +31.5% | −15.9% | +17.7% | +20.8% | +7.2% |
| 2024 | +7.4% | −8.9% | +24.9% | +25.6% | +1.3% |
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.
APIE largest drawdowns
Now 5.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 5, 2025 | −15.9% | Apr 8, 2025 | May 13, 2025 | 34 days | 2 months |
| Feb 25, 2026 | −12.4% | Mar 30, 2026 | Jun 2, 2026 | 33 days | 3 months |
| Jul 31, 2023 | −11.4% | Oct 27, 2023 | Dec 13, 2023 | 3 months | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
APIE risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | +19.0% | +15.6% |
| Volatility (annualized) | 11.7% | 12.2% |
| Sharpe ratio | 1.18 | 0.89 |
| Sortino ratio | 2.00 | 1.45 |
| Best month | +8.2% | +8.2% |
| Worst month | −8.5% | −8.5% |
| Best 12 months | +31.7% | +31.7% |
| Worst 12 months | +7.4% | +7.4% |
| Positive months | 69% | 66% |
| Beta vs S&P 500 | 0.65 | — |
| Correlation with S&P 500 | 0.69 | — |
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.
APIE rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 31 | +7.4% | +18.9% | +31.7% | 100% |
| 3-year (a year) | 7 | +16.6% | +18.4% | +19.7% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
APIE performance overview
ActivePassive International Equity ETF (APIE) returned +9.2% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +14.6% a year, turning $10,000 into about $16,168. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −15.9%, from Mar 5, 2025 to Apr 8, 2025, and it took 35 days to get back to the old high. Volatility has been 12.2% a year.
Related: APIE chart, APIE holdings, APIE dividends. See the APIE overview for the latest quote and fund facts.
APIE performance FAQ
What is the APIE return over the past year?
APIE returned +9.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 5.2%.
How much would $10,000 invested in APIE be worth?
$10,000 invested in APIE at its first recorded close on April 18, 2023 would be worth about $16,168 on October 23, 2026 with distributions reinvested.
What was the worst year for APIE?
The worst calendar year was 2024, with a total return of +7.4%. The best was 2025 at +31.5%.
What is the biggest drawdown of APIE?
The largest peak-to-trough decline was −15.9% between March 5, 2025 and April 8, 2025. It recovered to the old high on May 13, 2025, 35 days after the bottom.
How volatile is APIE?
Over the past 3 years APIE had an annualized volatility of 11.7% and a Sharpe ratio of 1.18 (excess return over 1–3 month T-bills per unit of risk).