DRSKAptus Defined Risk ETF
DRSK Fund Description
DRSK is an actively managed fund that combines US corporate bond exposure with an overlay of call options on US large-cap stocks. The fund seeks income and capital appreciation.
DRSK Factset Analytics Insight
DRKS provides fixed income and equity exposure in a single wrapper. The fund holds 90 to 95% of the portfolio in a 7- to 8-year ladder of USD-denominated, investment-grade corporate bonds, using “bullet maturity” ETFs to gain this exposure. DRSK holds these bond ETFs to expiration, rolling over each fund into a later-dated portfolio as it reaches maturity. The remaining 5 to 10% of the portfolio is invested in call options on US equities. Call options are purchased at the money, at least 6 months from expiration, and rolled over quarterly. Options are purchased on 10 to 20 large-cap stocks chosen for momentum and growth potential, or on one or more ETFs tracking US large-caps. This options overlay effectively provides leveraged exposure to US equities, with a variable rate of leverage that increases when stock prices fall. DRSK charges a typical fee for an actively managed fund, and the pass-through costs of its underlying ETF holdings are small.
DRSK CHARTS AND PERFORMANCE
DRSK Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of DRSK. DRSK is rated a 2 out of 5.