ACCE Defense & Aerospace vs ACCE Smart Money
Head-to-head: performance, risk profile, and constituent overlap between two ACCE indices.
US
ACCE Defense & Aerospace →
Defense contractors and tier-1 suppliers with >40% defense revenue exposure. Focuses on prime contractors, subsystem suppliers, and munitions companies benefiting from multi-year budget cycles and replenishment demand.
US
ACCE Smart Money →
Stocks being accumulated by multiple quality institutional managers across our curated 13F universe. Rebalanced quarterly after 13F filing deadlines (Feb / May / Aug / Nov).
ACCE Defense & Aerospace - risk
Volatility 30d+23.6%
Volatility 90d+25.3%
Sharpe 90d-0.29
Max drawdown-21.1%
Beta vs ITA0.74
ACCE Smart Money - risk
Volatility 30d-
Volatility 90d-
Sharpe 90d-
Max drawdown-0.8%
Beta vs SPY-
Constituent overlap
0 stocks held by both indices (out of 10 and 35)
Top sectors - ACCE Defense & Aerospace
Industrials100.0%
Technology0.0%
Top sectors - ACCE Smart Money
Technology31.4%
Financial Services22.9%
Communication Services17.1%
Consumer Cyclical11.4%
Healthcare5.7%
Consumer Defensive5.7%
ACCE Verdict
## Head-to-Head Verdict: ACCE Defense & Aerospace vs. ACCE Smart Money
ACCE Defense & Aerospace holds the measurable performance edge here, posting a since-inception return of -3.1% against its benchmark's -6.04% — a 294-basis-point margin of outperformance that matters in a sector that has faced real pressure. Smart Money carries no comparable track record yet, making any return-based comparison impossible at this stage.
On risk, Defense & Aerospace runs a 90-day volatility of 25.5%, a Sharpe of -0.39, and a max drawdown of -21.1%, with a beta of 0.76 — meaningfully below 1, which signals partial insulation from broad market swings. Smart Money has no published risk metrics to evaluate.
The two indices share almost no conceptual DNA. Defense & Aerospace is a concentrated, thesis-driven sector play built around budget cycles and replenishment demand. Smart Money is a conviction-aggregation strategy, assembling positions based on institutional 13F accumulation across sectors, rebalancing quarterly.
Defense & Aerospace suits investors who want a low-beta, hard-catalyst sector tilt with a defined fundamental thesis and a live performance record to scrutinize. Smart Money is the right frame for investors who prefer piggybacking institutional conviction across a diversified opportunity set, but that case cannot be made with data yet. Wait for at least one full rebalance cycle before drawing conclusions.