DRSK Aptus Defined Risk ETF
What is DRSK?
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 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 option overlay effectively provides leveraged exposure to US equities, with a variable rate of leverage that increases when stock prices fall.
DRSK Summary Data
DRSK Fund Structure
DRSK Tax Exposures
DRSK Portfolio Data
DRSK Index Data
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of DRSK. DRSK is rated a N/A out of 5.