Aptus Defined Risk Etf Profile

DRSK Etf  USD 26.66  0.03  0.11%   

Performance

15 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Aptus Defined is selling for 26.66 as of the 28th of March 2024. This is a 0.11% increase since the beginning of the trading day. The etf's last reported lowest price was 26.61. Aptus Defined has less than a 9 % chance of experiencing financial distress in the next few years and had a good 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 27th of February 2024 and ending today, the 28th of March 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

  0.74IGSB IShares 1-5 Year Sell-off TrendPairCorr
  0.87SPSB SPDR Barclays Short Sell-off TrendPairCorr
  0.78LMBS First Trust LowPairCorr

Moving against Aptus Etf

  0.43MCD McDonalds Sell-off TrendPairCorr

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 ConcentrationTarget Risk ETFs, Asset Allocation ETFs, Short-Term Bond, Aptus Capital Advisors (View all Sectors)
IssuerAptus Capital Advisors
Inception Date2018-08-08
BenchmarkNot Applicable
Entity TypeRegulated Investment Company
Asset Under Management450.55 Million
Average Trading Valume84,409.3
Asset TypeMulti Asset
CategoryAsset Allocation
FocusTarget Risk
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorU.S. Bancorp Fund Services, LLC
AdvisorAptus Capital Advisors, LLC
CustodianU.S. Bancorp Fund Services, LLC
DistributorThe Trust and Quasar Distributors, LLC
Portfolio ManagerJohn D. Gardner, Beckham Wyrick
Transfer AgentU.S. Bank, N.A.
Fiscal Year End31-Oct
ExchangeCboe BZX Exchange, Inc.
Number of Constituents23.0
Market MakerWolverine Trading
Total Expense0.79
Management Fee0.69
Country NameUSA
Returns Y T D5.62
NameAptus Defined Risk ETF
Currency CodeUSD
Open FigiBBG00LNDTGT1
In Threey Volatility8.73
1y Volatility11.64
200 Day M A24.806
50 Day M A26.0573
CodeDRSK
Updated At27th of March 2024
Currency NameUS 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 Target Risk ETFs. Aptus Defined Risk currently have 801.03 M in assets under management (AUM). , while the total return for the last 3 years was -0.6%.
Check Aptus Defined Probability Of Bankruptcy

Top Aptus Defined Risk Etf Constituents

IBDVIShares Trust EtfTarget Maturity
IBDSIShares IBonds DecEtfTarget Maturity
IBDRIShares IBonds DecEtfTarget Maturity
IBDQIShares IBonds DecEtfTarget Maturity
IBDPIShares IBonds DecEtfTarget Maturity
BSCQInvesco BulletShares 2026EtfTarget Maturity
BSCPInvesco BulletShares 2025EtfTarget Maturity
More Details

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 under 4%. 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 0.6695 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 an alpha of 0.0088, implying that it can generate a 0.008834 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 26.66HorizonTargetOdds Above 26.66
96.18%90 days
 26.66 
3.69%
Based on a normal probability distribution, the odds of Aptus Defined to move above the current price in 90 days from now is under 4 (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.

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.

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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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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When running Aptus Defined's price analysis, check to measure Aptus Defined's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aptus Defined is operating at the current time. Most of Aptus Defined's value examination focuses on studying past and present price action to predict the probability of Aptus Defined's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aptus Defined's price. Additionally, you may evaluate how the addition of Aptus Defined to your portfolios can decrease your overall portfolio volatility.
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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.