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 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 MSCI ESG Analytics Insight
Aptus Defined Risk ETF has an MSCI ESG Fund Rating of A based on a score of 7.34 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Aptus Defined Risk ETF ranks in the 75th percentile within its peer group and in the 82nd percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
DRSK Summary Data
DRSK Portfolio Data
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DRSK Fund Structure
DRSK Tax Exposures
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.