Aptus Collared Income Opportunity ETF
$47.23−0.27 (−0.56%)
- Expense ratio
- 0.79%
- Fund size
- $2.4B
- 1Y return
- +9.3%
- Yield · Last 12 months
- 0.37%
- Holdings
- 109
- Volume · 30D
- 0.1M sh
- NAV per share
- $47.48
- 52W range
The ETF.net ACIO Grade
Score 74 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 65Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 66Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 94Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 75Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 91Category rank
Our read on ACIO
AMost option-income funds sell calls and hand you the premium. ACIO's collar spends part of it on downside puts, so one overlay funds both the income and the hedge. Roughly 70 US stocks, actively managed, paid quarterly.
Its stated mandate combines current income generation with capital appreciation.
Why people hold it
- The collar is the point: call premium helps pay for the puts instead of all flowing out as cash, so the income and the hedge come from the same overlay.
- 0.79% a year, below the median fee for actively overlaid option-income funds.
- A concentrated book of roughly 70 US stocks rather than an index copy, inside a multi-billion-dollar fund that has been running since 2019.
- Sits among the stronger implementations in its peer group of actively overlaid option-income ETFs.
Worth knowing
- The fee is the price of the active work. Peers charge less for their own takes on equity option income, including PAPI at 0.29% and TCAL at 0.34%.
- Actively managed, so results ride on the manager's stock and option choices rather than a published rule set you can read in advance.
- Income lands quarterly, so cash shows up four times a year.
ACIO Holdings
- Stocks
- 109
- 41%
- NVDA
Sectors
- Technology38.7%
- Financials12.3%
- Communication9.4%
- Consumer Discr.9.3%
- Health Care9.1%
- Industrials7.8%
- Cons. Staples4.5%
- Energy3.5%
- Utilities2.1%
- Real Estate1.7%
- Materials1.7%
Geography
- United States97.18%
- Ireland1.34%
- United Kingdom0.86%
- Singapore0.29%
- Switzerland0.26%
- Netherlands0.08%
ACIO Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | ACIO |
|---|---|
| Year to date | +9.0% |
| 1 month | +1.3% |
| 3 months | +2.7% |
| 1 year | +9.3% |
| 3 years | +16.3% |
| 5 years | +10.1% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | ACIO |
|---|---|---|
| 2026 YTD | +9.0% | |
| 2025 | +9.0% | |
| 2024 | +21.9% | |
| 2023 | +15.9% | |
| 2022 | −10.5% | |
| 2021 | +18.0% | |
| 2020 | +9.9% |
ACIO in the news
ETF.net Research hasn’t filed on ACIO yet — coverage lands here as it’s written.
ACIO Dividends
- 0.37%
- $0.17
- $0.05 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 29, 2026 | Jun 30, 2026 | $0.05 |
| Mar 30, 2026 | Mar 31, 2026 | $0.06 |
| Dec 30, 2025 | Dec 31, 2025 | $0.03 |
| Sep 29, 2025 | Sep 30, 2025 | $0.03 |
| Jun 27, 2025 | Jun 30, 2025 | $0.05 |
| Mar 28, 2025 | Mar 31, 2025 | $0.05 |
| Dec 30, 2024 | Dec 31, 2024 | $0.03 |
| Sep 27, 2024 | Sep 30, 2024 | $0.04 |
| Jun 27, 2024 | Jun 28, 2024 | $0.05 |
| Mar 26, 2024 | Mar 28, 2024 | $0.05 |
| Dec 27, 2023 | Dec 29, 2023 | $0.07 |
| Sep 27, 2023 | Sep 29, 2023 | $0.05 |
ACIO Risk
- 9.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.00
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −14.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.74
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
ACIO Cost
- The middle half of Active Option Income funds
- Median 0.95%
15 of the 47 Active Option Income funds charge less.