---
ticker: "DEFR"
name: "ETF Series Solutions - Aptus Deferred Income ETF"
url: "https://etf.net/etf/DEFR"
grade: "C"
score: 42
graded_at: "2026-10-12"
category: "Treasury Option Income"
category_rank: "9 of 14"
methodology: "https://etf.net/methodology"
---

# DEFR: ETF Series Solutions - Aptus Deferred Income ETF

Grade **C**, Score 42 of 100. Rank 9 of 14 in Treasury Option Income.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 35 | 9 of 14 |
| Mission | Not scored | — |
| Risk | 39 | 8 of 14 |
| Tradability | 55 | 6 of 14 |
| Holdings | 50 | 7 of 13 |
| Durability | 44 | 10 of 14 |

## Top holdings

The fund holds 5 positions. These are the largest 5, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | 4QQQ  261120C00100000 | Qqq 11/20/2026 100 C | 65.87% |
| 2 | 4QQQ  261120P01100000 | Qqq 11/20/2026 1100 P | 34.74% |
| 3 | 912797VQ7 | United States Treasury Bill 07/08/2027 | 4.32% |
| 4 | 2TLH  261120C00097780 | Tlh 11/20/2026 97.78 C | 0.05% |
| 5 | 4IEF  261120C00093780 | Ief 11/20/2026 93.78 C | 0.04% |

Source: etf.net, https://etf.net/etf/DEFR. Please cite the page URL.