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Aptus Collared Income Opportunity ETF

etf
ACIO
Dividend policy
None
Price as of:
$27.23 -0.08 0%
primary theme
Options-based
ACIO (ETF)

Aptus Collared Income Opportunity ETF

Dividend policy
None
Price as of:
$27.23 -0.08 0%
primary theme
Options-based
ACIO (ETF)
Aptus Collared Income Opportunity ETF
Dividend policy
None
Price as of:
$27.23 -0.08 0%
primary theme
Options-based

ACIO - Snapshot

Vitals

  • YTD Return 5.8%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $153 M
  • Holdings in Top 10 33.2%

52 WEEK LOW AND HIGH

$27.31
$22.05
$27.85

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.79%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 170.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme Options-based
  • Fund Type Exchange Traded Fund
  • Investment Style Options-based

Compare ACIO to Popular Options-based Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$23.63

-0.09%

$12.74 B

1.16%

$0.27

blocked
blocked
blocked

11.15%

0.60%

$35.86

-0.22%

$6.71 B

0.71%

$0.26

blocked
blocked
blocked

3.37%

1.01%

$8.89

-1.11%

$2.45 B

-

-

blocked
blocked
blocked

-2.31%

1.07%

$12.33

-0.96%

$1.76 B

-

-

blocked
blocked
blocked

-0.24%

1.07%

$8.95

-0.22%

$1.51 B

-

-

blocked
blocked
blocked

-10.77%

0.87%

Compare ACIO to Popular Options-based ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$22.39

-0.31%

$1.33 B

10.92%

$2.45

blocked
blocked
blocked

-5.97%

0.85%

$32.41

-0.25%

$703.84 M

0.57%

$0.19

blocked
blocked
blocked

13.19%

0.49%

$20.05

-0.27%

$160.47 M

1.49%

$0.30

blocked
blocked
blocked

-6.55%

0.49%

$26.83

-0.37%

$129.39 M

6.93%

$1.87

blocked
blocked
blocked

7.10%

0.68%

$28.24

-0.86%

$118.57 M

1.33%

$0.38

blocked
blocked
blocked

0.64%

1.09%

ACIO - Profile

Distributions

  • YTD Total Return 6.3%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.46%
DIVIDENDS
  • Dividend Yield 1.5%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Aptus Collared Income Opportunity ETF
  • Fund Family Name
    Aptus Capital Advisors
  • Inception Date
    Jul 09, 2019
  • Shares Outstanding
    5850000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Beckham Wyrick

Fund Description

The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective principally by investing in a portfolio of U.S.-listed equity securities of any market capitalization and buying put options or an options collar on the same underlying equity securities or on an index tracking a portfolio of large capitalization U.S. equity securities. It may write call options on up to 100% of each equity position held in the portfolio and will use a portion of the premium received from writing such call options to purchase put options. The fund is non-diversified.


ACIO - Performance

Return Ranking - Trailing

Period ACIO Return Category Return Low Category Return High Rank in Category (%)
YTD 5.8% -34.0% 922.0% 30.43%
1 Yr 6.6% -34.2% 25.3% 18.83%
3 Yr N/A* -14.7% 13.8% N/A
5 Yr N/A* -8.0% 12.6% N/A
10 Yr N/A* -5.7% 12.2% N/A

* Annualized

Return Ranking - Calendar

Period ACIO Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -28.6% 28.4% N/A
2018 N/A -93.5% 8.2% N/A
2017 N/A -38.9% 19.8% N/A
2016 N/A -10.9% 12.8% N/A
2015 N/A -31.0% 6.6% N/A

Total Return Ranking - Trailing

Period ACIO Return Category Return Low Category Return High Rank in Category (%)
YTD 6.3% -34.0% 922.0% 25.22%
1 Yr 6.6% -37.3% 25.3% 17.49%
3 Yr N/A* -14.7% 13.8% N/A
5 Yr N/A* -8.0% 12.6% N/A
10 Yr N/A* -5.7% 12.2% N/A

* Annualized

Total Return Ranking - Calendar

Period ACIO Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -5.9% 28.4% N/A
2018 N/A -30.9% 8.2% N/A
2017 N/A -23.4% 19.8% N/A
2016 N/A -10.9% 12.8% N/A
2015 N/A -31.0% 8.0% N/A

ACIO - Holdings

Concentration Analysis

ACIO Category Low Category High ACIO % Rank
Net Assets 153 M 628 K 12.7 B 31.62%
Number of Holdings 59 3 509 37.20%
Net Assets in Top 10 50 M -3.33 M 3.98 B 52.00%
Weighting of Top 10 33.24% 14.4% 100.0% 54.05%

Top 10 Holdings

  1. Apple Inc 6.38%
  2. Microsoft Corp 5.53%
  3. Amazon.com Inc 4.80%
  4. Alphabet Inc Class C 3.45%
  5. Option on S&P 500 PR 2.64%
  6. Option on S&P 500 PR 2.64%
  7. Option on S&P 500 PR 2.64%
  8. Option on S&P 500 PR 2.64%
  9. Option on S&P 500 PR 2.64%
  10. Option on S&P 500 PR 2.64%

Asset Allocation

Weighting Return Low Return High ACIO % Rank
Stocks
99.61% -8.21% 100.13% 5.60%
Cash
0.39% -27.95% 103.52% 89.60%
Preferred Stocks
0.00% 0.00% 5.17% 34.00%
Other
0.00% -5.49% 78.63% 47.20%
Convertible Bonds
0.00% 0.00% 27.16% 37.60%
Bonds
0.00% 0.00% 98.05% 41.20%

Stock Sector Breakdown

Weighting Return Low Return High ACIO % Rank
Technology
22.75% 0.00% 44.70% 60.35%
Financial Services
14.22% 0.00% 27.65% 29.52%
Healthcare
13.40% 0.00% 29.45% 81.94%
Industrials
10.96% 1.88% 44.64% 19.38%
Consumer Defense
10.48% 0.00% 26.50% 18.06%
Communication Services
9.70% 0.00% 21.22% 75.33%
Consumer Cyclical
8.71% 0.00% 18.75% 87.22%
Utilities
3.51% 0.00% 15.00% 23.35%
Real Estate
2.44% 0.00% 8.90% 70.93%
Basic Materials
2.19% 0.00% 64.58% 76.21%
Energy
1.64% 0.00% 60.53% 89.87%

Stock Geographic Breakdown

Weighting Return Low Return High ACIO % Rank
US
99.59% -8.13% 99.79% 0.80%
Non US
0.02% -0.70% 98.99% 78.40%

ACIO - Expenses

Operational Fees

ACIO Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.79% 0.20% 9.76% 83.76%
Management Fee 0.79% 0.00% 1.75% 40.48%
12b-1 Fee 0.00% 0.00% 1.00% 19.05%
Administrative Fee N/A 0.03% 0.28% N/A

Sales Fees

ACIO Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.75% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

ACIO Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ACIO Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 170.00% 0.00% 456.80% 90.40%

ACIO - Distributions

Dividend Yield Analysis

ACIO Category Low Category High ACIO % Rank
Dividend Yield 1.51% 0.00% 9.99% 7.51%

Dividend Distribution Analysis

ACIO Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

ACIO Category Low Category High ACIO % Rank
Net Income Ratio 2.46% -2.13% 14.24% 7.66%

Capital Gain Distribution Analysis

ACIO Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

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ACIO - Fund Manager Analysis

Managers

Beckham Wyrick


Start Date

Tenure

Tenure Rank

Jul 09, 2019

1.32

1.3%

Beckham David Wyrick, Jr. (year of birth 1983) joined ACA in 2016 and serves as Portfolio Manager and Chief Compliance Officer. Beckham focuses on custom research, and is heavily involved in managing the Aptus Funds. In addition, he also builds and maintains asset allocation models for individual investors in separately managed accounts. Beckham is currently a Level 2 candidate in the CFA Program. Beckham attended the University of North Carolina at Wilmington, where he was also a member of the men’s basketball team. He graduated in 2006 with a Bachelor’s Degree in Finance. Beckham currently resides in Fairhope, Alabama with his wife, Johanna and their two children, Ada and Henri.

John Gardner


Start Date

Tenure

Tenure Rank

Jul 09, 2019

1.32

1.3%

John David Gardner (year of birth 1987) is the Founder and majority owner of ACA. John David began his career in the financial services industry when he joined Morgan Stanley Smith Barney as a Financial Advisor in 2010. JD attended the Raj Soin College of Business, Wright State University for both undergraduate (BS in Business with a Major in Financial Services) and graduate degrees (MBA with a concentration in Finance). He founded Aptus in 2013 to provide access to stock market exposure while recognizing risk - both market and behavioral. Aptus is an innovative investment manager located in Fairhope, Alabama focused on behavioral finance and serves as the Index Provider to the Aptus Behavioral Momentum Index and adviser to the Aptus Behavioral Momentum ETF (Ticker: BEMO). Through his experience, John David believes there is an opportunity to add value for advisers through investment solutions focused on managing behavioral risk. . John David continually works to improve his knowledge of the financial markets. He was awarded the Chartered Financial Analyst® designation* in 2014 and awarded the Chartered Market Exhibit A-2 Technician designation* in 2015. John David has also passed the Series 3, 7, 66, and 31 securities license examinations. John David presently resides in Fairhope, Alabama with his wife Mallory and their 4 kids, JJ (Josie Jill), Luke, Mims, and Silas. * The Chartered Financial Analyst® (“CFA®”) designation is a professional designation given by the CFA Institute that measures the competence and integrity of financial analysts. The CFA Program is a graduate-level self-study program that combines a broad-based curriculum of investment principles with professional conduct requirements. Candidates are required to pass three levels of examinations covering areas such as accounting, economics, ethics, money management and security analysis. Before a candidate is eligible to become a CFA charterholder, he/she must meet minimum experience requirements in the area of investment/financial practice. To enroll in the program, a candidate must hold a bachelor’s degree. *The Chartered Market Technician® (CMT) credential is the preeminent, global designation for practitioners of technical analysis. The designation is awarded to those who demonstrate mastery of a core body of knowledge of investment risk in portfolio management settings. Earning the CMT charter makes you part of a community of investment professionals recognized as specialists and value generators around the world. A perfect complement to other analytical disciplines and financial designations, the CMT charter puts you on the leading edge of the everchanging investment industry.

John Tyner


Start Date

Tenure

Tenure Rank

Aug 31, 2020

0.17

0.2%

David Wagner


Start Date

Tenure

Tenure Rank

Aug 31, 2020

0.17

0.2%

David Wagner III is a Portfolio Manager and Analyst at Aptus and joined the firm in 2020. In his role as Portfolio Manager, he is responsible for portfolio construction, risk management, and buy/sell decisions. Additionally, he is responsible for implementation of the investment philosophy and idea generation, as well as the evaluation of macro-level trends and the market environment. Mr. Wagner began his career at Opus Capital Management in 2013 as an equity research analyst. He was most recently employed by Driehaus Capital Management as an Assistant Portfolio Manager where he was responsible for conducting research and analysis for various small and microcap strategies. Mr. Wagner is a CFA charterholder and a member of the CFA Society of Cincinnati. He earned his BS in Accounting and BBA in Finance from the University of Kentucky. He also earned his MBA specialized in Finance from Xavier University in Cincinnati, Ohio.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 19.35 3.67 5.26