Aptus Defined Risk Etf Profile
| DRSK Etf | USD 25.83 0.12 0.46% |
Performance3 of 100
| Odds Of DistressLess than 9
|
Aptus Defined is selling for 25.83 as of the 19th of April 2024. This is a -0.46 percent down since the beginning of the trading day. The etf's last reported lowest price was 25.83. Aptus Defined has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Aptus Defined Risk are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of February 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund is an actively managed exchange-traded fund that seeks to achieve its objective through a hybrid fixed income and equity strategy. Aptus Defined is traded on BATS Exchange in the United States. More on Aptus Defined Risk
Moving together with Aptus Etf
| 0.66 | IGSB | iShares 1 5 Sell-off Trend | PairCorr |
| 0.83 | SPSB | SPDR Barclays Short Sell-off Trend | PairCorr |
| 0.76 | SLQD | iShares 0 5 | PairCorr |
| 0.73 | LDUR | PIMCO Enhanced Low | PairCorr |
Moving against Aptus Etf
| 0.52 | MCD | McDonalds Report 23rd of April 2024 | PairCorr |
Aptus Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Aptus Defined's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Aptus Defined or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Asset Allocation ETFs, Target Risk ETFs, Short-Term Bond, Aptus Capital Advisors (View all Sectors) |
| Issuer | Aptus Capital Advisors |
| Inception Date | 2018-08-08 |
| Benchmark | Not Applicable |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 457.72 Million |
| Average Trading Valume | 153,294.2 |
| Asset Type | Multi Asset |
| Category | Asset Allocation |
| Focus | Target Risk |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Aptus Capital Advisors, LLC |
| Custodian | U.S. Bancorp Fund Services, LLC |
| Distributor | The Trust and Quasar Distributors, LLC |
| Portfolio Manager | John D. Gardner, Beckham Wyrick |
| Transfer Agent | U.S. Bank, N.A. |
| Fiscal Year End | 31-Oct |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 23.0 |
| Market Maker | Wolverine Trading |
| Total Expense | 0.79 |
| Management Fee | 0.69 |
| Country Name | USA |
| Returns Y T D | 3.62 |
| Name | Aptus Defined Risk ETF |
| Currency Code | USD |
| Open Figi | BBG00LNDTGT1 |
| In Threey Volatility | 8.88 |
| 1y Volatility | 11.76 |
| 200 Day M A | 24.9141 |
| 50 Day M A | 26.2718 |
| Code | DRSK |
| Updated At | 19th of April 2024 |
| Currency Name | US Dollar |
Aptus Defined Risk [DRSK] is traded in USA and was established 2018-08-07. The fund is listed under Short-Term Bond category and is part of Aptus Capital Advisors family. The entity is thematically classified as Asset Allocation ETFs. Aptus Defined Risk currently have 801.03 M in assets under management (AUM). , while the total return for the last 3 years was -1.5%.
Check Aptus Defined Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Aptus Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Aptus Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Aptus Defined Risk Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Aptus Defined Risk Etf Constituents
| IBDV | iShares Trust | Etf | Target Maturity |
| IBDU | iShares Trust | Etf | Target Maturity |
| IBDT | iShares iBonds Dec | Etf | Target Maturity |
| IBDS | iShares iBonds Dec | Etf | Target Maturity |
| IBDR | iShares iBonds Dec | Etf | Target Maturity |
| IBDQ | iShares iBonds Dec | Etf | Target Maturity |
| IBDP | iShares iBonds Dec | Etf | Target Maturity |
Aptus Defined Target Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Aptus Defined jumping above the current price in 90 days from now is about 66.85%. The Aptus Defined Risk probability density function shows the probability of Aptus Defined etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Aptus Defined has a beta of 0.6193 suggesting as returns on the market go up, Aptus Defined average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Aptus Defined Risk will be expected to be much smaller as well. Additionally, aptus Defined Risk has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Aptus Defined to move above the current price in 90 days from now is about 66.85 (This Aptus Defined Risk probability density function shows the probability of Aptus Etf to fall within a particular range of prices over 90 days) .
Aptus Defined Risk Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Aptus Defined market risk premium is the additional return an investor will receive from holding Aptus Defined long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Aptus Defined. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Aptus Defined's alpha and beta are two of the key measurements used to evaluate Aptus Defined's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0371 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.07) |
Aptus Defined Against Markets
Picking the right benchmark for Aptus Defined etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Aptus Defined etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Aptus Defined is critical whether you are bullish or bearish towards Aptus Defined Risk at a given time. Please also check how Aptus Defined's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Aptus Defined without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Global Correlations Now
Global CorrelationsFind global opportunities by holding instruments from different markets |
| All Next | Launch Module |
How to buy Aptus Etf?
Before investing in Aptus Defined, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Aptus Defined. To buy Aptus Defined etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Aptus Defined. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Aptus Defined etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Aptus Defined Risk etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Aptus Defined Risk etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Aptus Defined Risk, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Aptus Etf please use our How to Invest in Aptus Defined guide.
Already Invested in Aptus Defined Risk?
The danger of trading Aptus Defined Risk is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Aptus Defined is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Aptus Defined. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Aptus Defined Risk is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Aptus Defined Risk is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Aptus Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Aptus Defined Risk Etf. Highlighted below are key reports to facilitate an investment decision about Aptus Defined Risk Etf: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Aptus Defined Risk. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of Aptus Defined Risk is measured differently than its book value, which is the value of Aptus that is recorded on the company's balance sheet. Investors also form their own opinion of Aptus Defined's value that differs from its market value or its book value, called intrinsic value, which is Aptus Defined's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aptus Defined's market value can be influenced by many factors that don't directly affect Aptus Defined's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aptus Defined's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aptus Defined is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aptus Defined's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.