ACCE Semiconductors vs ACCE Smart Money
Head-to-head: performance, risk profile, and constituent overlap between two ACCE indices.
US
ACCE Semiconductors →
The full semiconductor value chain — from chip design through fabrication to equipment. Cyclical upswing meets structural AI 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 Semiconductors - risk
Volatility 30d+40.1%
Volatility 90d+37.8%
Sharpe 90d3.26
Max drawdown-13.9%
Beta vs SOXX0.90
ACCE Smart Money - risk
Volatility 30d-
Volatility 90d-
Sharpe 90d-
Max drawdown-0.8%
Beta vs SPY-
Constituent overlap
5 stocks held by both indices (out of 11 and 35)
Top sectors - ACCE Semiconductors
Technology100.0%
Top sectors - ACCE Smart Money
Technology31.4%
Financial Services22.9%
Communication Services17.1%
Consumer Cyclical11.4%
Healthcare5.7%
Consumer Defensive5.7%
ACCE Verdict
## Verdict
ACCE Semiconductors holds the clear edge on measurable performance, posting a 50.11% since-inception return against its benchmark's 46.29% — a 382-basis-point active premium that validates the full-value-chain thesis rather than simply riding index beta.
On risk, the Semiconductors index runs a 90-day volatility of 37.65% with a max drawdown of 13.91%, which is the honest cost of owning a cyclical sector with structural AI tailwinds. The Sharpe of 3.28 over that window is exceptional, meaning investors have been compensated generously per unit of risk taken. Smart Money carries no comparable risk data yet, so no apples-to-apples comparison is possible.
The two indices share little in construction logic. Semiconductors is a concentrated sector bet with a beta of 0.91 to the broader market. Smart Money is a cross-sector, conviction-weighted strategy built from 13F filings, rebalancing quarterly with an inherent lag to institutional positioning.
Semiconductors suits investors who want direct, high-conviction exposure to AI infrastructure buildout and are comfortable absorbing sharp drawdowns in exchange for outsized upside. Smart Money is the better fit for investors who prefer diversified institutional-grade quality selection and want the market's sharpest minds doing the stock-picking, but that case rests on a track record that has not yet accumulated enough history to score.