Aptus Large Cap Enhanced Yield ETF
$43.75+0.07 (+0.17%)
- 0.41%
- $430M
- +25.3%
- 2.00%
- 0M sh
- $43.71
- low $34.84high $44.88
The ETF.net DUBS Grade
A
Score 72 out of 100
- 4 of 16
Score 72 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A73 out of 100Rank 5 of 16Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 8Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C50 out of 100Rank 8 of 13Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B69 out of 100Rank 3 of 16Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C41 out of 100Rank 11 of 15Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B67 out of 100Rank 4 of 16
Our read on DUBS
AMost options-income funds sell calls against the stocks they own. DUBS holds roughly 400 U.S. large caps and pushes the income job onto equity-linked notes instead, then pays out quarterly.
The fund seeks capital appreciation and current income. It actively manages a hybrid strategy that primarily owns U.S.-listed large-cap equities and uses equity-linked notes to generate income.
Why people hold it
- Charges 0.41%, less than half the typical fee in its options-income peer group.
- Income is generated by equity-linked notes rather than by writing calls on its own shares, a different plumbing choice from the standard covered-call playbook.
- The portfolio it actually holds lines up closely with the hybrid strategy on the label, one of the tighter fits in its cohort.
- Owns roughly 400 U.S.-listed large caps outright, so the equity sleeve is a broad basket rather than a handful of names.
Worth knowing
- Equity-linked notes come with the credit of the banks that issue them, a counterparty layer a plain stock-and-calls fund does not carry.
- It trades lighter than the category's biggest names, which can mean wider bid-ask spreads.
- Launched in 2023, so its record covers a short stretch of market weather. Distributions land quarterly, not monthly.
DUBS Holdings
- Stocks
- 3
- 102%
- SPYM
Sectors
- Technology40.1%
- Financials11.2%
- Communication10.0%
- Health Care9.4%
- Consumer Discretionary8.7%
- Industrials7.7%
- Consumer Staples4.4%
- Energy3.4%
- Utilities1.9%
- Real Estate1.7%
- Materials1.6%
Geography
- United States100.00%
DUBS Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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DUBS$12,530
Returns run to the Oct 12, 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 | DUBS |
|---|---|
| Year to date | +17.9% |
| 1 month | +2.3% |
| 3 months | +4.3% |
| 1 year | +25.3% |
| 3 years | +23.4% |
| 5 years | — |
| 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 | DUBS |
|---|---|---|
| 2026 YTD | +17.9% | |
| 2025 | +19.3% | |
| 2024 | +24.1% | |
| 2023 | +8.1% |
DUBS in the news
DUBS Dividends
- 2.00%
- $0.87
- $0.24 per share
- Quarterly
Distribution history
DUBS Risk
- 11.7%
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.
- 1.48
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.
- −18.5%
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.
- 0.95
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DUBS Cost
0.41%
DUBS0.41%
- The middle half of S&P 500 Active Option Income funds
- Median 0.55%
4 of the 15 S&P 500 Active Option Income funds charge less.
Other funds in S&P 500 Active Option Income
- AJEPIJPMorgan Equity Premium Income ETFExpense ratio 0.35%1 year return +10.2%
- AROCYJPMorgan Equity Premium Yield ETFExpense ratio 0.35%1 year return —
- ASPINState Street US Equity Premium Income ETFExpense ratio 0.25%1 year return +14.8%
- ADIVOAmplify CWP Enhanced Dividend Income ETFExpense ratio 0.56%1 year return +16.6%
- BHELOJPMorgan Hedged Equity Laddered Overlay ETFExpense ratio 0.50%1 year return +9.5%