Aptus Defined Risk ETF
$27.61−0.38 (−1.36%)
- Expense ratio
- 0.78%
- Fund size
- $1.5B
- 1Y return
- −0.8%
- Yield · Last 12 months
- 3.79%
- Holdings
- 26
- Volume · 30D
- 0.1M sh
- NAV per share
- $27.96
- 52W range
The ETF.net DRSK Grade
Score 56 of 100 sits in the B 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.DScore 34Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.BScore 68Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 49Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 88Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 46Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 83Category rank
Our read on DRSK
BMost balanced funds start with stocks and pad with bonds. DRSK flips it: 90-95% investment-grade corporate bonds, with the leftover slice reaching for large-cap US upside while the strategy works to limit the downside.
The Fund seeks current income and capital appreciation through a hybrid fixed-income and equity strategy. It generally obtains 90%-95% exposure to investment-grade corporate bonds and uses the remainder for large-capitalization U.S. stocks while seeking to limit downside risk.
Why people hold it
- Backwards by design: 90-95% sits in investment-grade corporate bonds, and a small sleeve carries the large-cap US equity upside.
- The 0.78% fee lands right on the median for allocation ETFs, which is unusual for an actively managed, hedged strategy.
- Live since 2018 and now a multi-billion-dollar fund, so the approach has real market history behind it rather than a backtest.
- Grades out in the upper half of its allocation peer group on our review.
Worth knowing
- Not cheap next to plain index allocation funds: AOA runs 0.19% and IRTR 0.08%. The fee here buys active hedging, not asset-allocation beta.
- Concentrated at around 25 positions and manager-picked, so results can drift well away from the Bloomberg US Aggregate Bond Index it's measured against.
- "Defined risk" here means the strategy seeks to limit downside, not a stated buffer percentage or contractual floor.
DRSK Holdings
- Bonds
- 26
- 92%
- BSCW
Sectors
Geography
DRSK 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 | DRSK |
|---|---|
| Year to date | +0.1% |
| 1 month | −1.4% |
| 3 months | −2.5% |
| 1 year | −0.8% |
| 3 years | +9.6% |
| 5 years | +2.7% |
| 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 | DRSK |
|---|---|---|
| 2026 YTD | +0.1% | |
| 2025 | +7.7% | |
| 2024 | +12.5% | |
| 2023 | +2.1% | |
| 2022 | −9.6% | |
| 2021 | +0.9% | |
| 2020 | +13.8% |
DRSK in the news
ETF.net Research hasn’t filed on DRSK yet — coverage lands here as it’s written.
DRSK Dividends
- 3.79%
- $1.06
- $0.27 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 29, 2026 | Jun 30, 2026 | $0.27 |
| Mar 30, 2026 | Mar 31, 2026 | $0.22 |
| Dec 30, 2025 | Dec 31, 2025 | $0.30 |
| Sep 29, 2025 | Sep 30, 2025 | $0.26 |
| Jun 27, 2025 | Jun 30, 2025 | $0.28 |
| Mar 28, 2025 | Mar 31, 2025 | $0.20 |
| Dec 30, 2024 | Dec 31, 2024 | $0.30 |
| Sep 27, 2024 | Sep 30, 2024 | $0.21 |
| Jun 27, 2024 | Jun 28, 2024 | $0.22 |
| Mar 26, 2024 | Mar 28, 2024 | $0.16 |
| Dec 27, 2023 | Dec 29, 2023 | $0.29 |
| Sep 27, 2023 | Sep 29, 2023 | $0.25 |
DRSK Risk
- 9.0%
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.
- 0.45
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.
- −19.9%
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.
- 1.22
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DRSK Cost
- The middle half of Multi-Asset Allocation funds
- Median 0.58%
24 of the 37 Multi-Asset Allocation funds charge less.