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About Aptus Defined Risk ETF
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Inception date
Aug 8, 2018
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Aptus Capital Advisors LLC
Distributor
Quasar Distributors LLC
DRSK provides fixed income and equity exposure in a single wrapper. The fund holds 90 to 95% of the portfolio in a 7- to 8-year ladder of USD-denominated, investment-grade corporate bonds, using bullet maturity ETFs to gain this exposure. DRSK holds these bond ETFs to expiration, rolling over each fund into a later-dated portfolio as it reaches maturity. The remaining 5 to 10% of the portfolio is invested in call options on US equities. Call options are purchased at the money, at least 6 months from expiration, and rolled quarterly. Options are purchased on 10 to 20 large-cap stocks chosen for momentum and growth potential, or on one or more ETFs tracking US large-caps. This option overlay effectively provides leveraged exposure to US equities, with a variable rate of leverage that increases when stock prices fall.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF92.17%
Cash2.98%
Rights & Warrants2.64%
Mutual fund2.21%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DRSK top holdings are iShares iBonds Dec 2031 Term Corporate ETF and Invesco BulletShares 2030 Corporate Bond ETF, occupying 10.60% and 10.58% of the portfolio correspondingly.
DRSK last dividends amounted to 0.20 USD. The quarter before, the issuer paid 0.30 USD in dividends, which shows a 51.75% decrease.
DRSK assets under management is 1.21 B USD. It's risen 8.54% over the last month.
DRSK fund flows account for 642.72 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, DRSK pays dividends to its holders with the dividend yield of 3.40%. The last dividend (Mar 31, 2025) amounted to 0.20 USD. The dividends are paid quarterly.
DRSK shares are issued by Aptus Holdings LLC under the brand Aptus. The ETF was launched on Aug 8, 2018, and its management style is Active.
DRSK expense ratio is 0.78% meaning you'd have to pay 0.78% of your investment to help manage the fund.
DRSK follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DRSK invests in funds.
DRSK price has risen by 3.70% over the last month, and its yearly performance shows a 4.40% increase. See more dynamics on DRSK price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.66% over the last month, showed a −0.55% decrease in three-month performance and has increased by 7.82% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.66% over the last month, showed a −0.55% decrease in three-month performance and has increased by 7.82% in a year.
DRSK trades at a premium (0.11%) meaning the ETF is trading at a higher price than the calculated NAV.