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ETFs

Aptus Collared Investment Opportunity ETF

ACIO
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Jul 10, 2019
Expense Ratio
0.79%
Type
US Equities
Fund Owner
Aptus Capital Advisors
Volume (1m avg. daily)
$2,051,448
AUM
$547,084,650
Associated Index
S&P 500 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

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Apple Inc
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Amazon.com Inc.
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NVIDIA Corp
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Exxon Mobil Corp.
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TSLA
Tesla Inc
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ADI
Analog Devices Inc.
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META
Meta Platforms Inc - Ordinary Shares - Class A
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BRK/B
Berkshire Hathaway Inc. - Ordinary Shares - Class B
1.78%
Invest with ACIO
Trade ACIO Options

What is ACIO?

The Fund is an actively managed exchange-traded fund 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 (i.e., a mix of written (sold) call options and long (bought) put options) on the same underlying equity securities, a U.S. equity ETF, or on an index tracking a portfolio of U.S. equity securities (a "U.S. Equity Index"). The U.S. Equity Index, U.S. equity ETF, and the underlying equity securities may be of any market capitalization. The equity securities and options held by the Fund must be listed on a U.S.-exchange, and the equity securities may include common stocks of U.S. companies, American Depositary Receipts ("ADRs") (i.e., receipts evidencing ownership of foreign equity securities), and real estate investment trusts ("REITs"). The Fund will typically limit investments in ADRs to approximately 20% of the Fund's net assets.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

ACIO
Performance Measures**

for the time period Jul 9, 2019 to Dec 4, 2025

Returns

1M Trailing Return: 0.9%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 3.8%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -14.2%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 11.8%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.89

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.72

The annualized return divided by the max drawdown for the selected time period.

ETFs related toACIO

ETFs correlated to ACIO include GAUG, XAUG, GSUS

ACIO
ETF Series Solutions Trust - Aptus Collared Investment Opportunity ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
GSUS
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta U.S. Equity ETF
VV
Vanguard Group, Inc. - Vanguard Large Cap ETF
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
ESGU
iShares Trust - iShares Trust iShares ESG Aware MSCI USA ETF
MGC
Vanguard Group, Inc. - Vanguard Mega Cap 300 Index ETF
SCHK
Schwab Strategic Trust - Schwab 1000 Index ETF
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
SCHX
Schwab Strategic Trust - Schwab U.S. Large-Cap ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

ACIO is a US Equities ETF. The Fund is an actively managed exchange-traded fund 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 (i.e., a mix of written (sold) call options and long (bought) put options) on the same underlying equity securities, a U.S. equity ETF, or on an index tracking a portfolio of U.S. equity securities (a "U.S. Equity Index"). The U.S. Equity Index, U.S. equity ETF, and the underlying equity securities may be of any market capitalization. The equity securities and options held by the Fund must be listed on a U.S.-exchange, and the equity securities may include common stocks of U.S. companies, American Depositary Receipts ("ADRs") (i.e., receipts evidencing ownership of foreign equity securities), and real estate investment trusts ("REITs"). The Fund will typically limit investments in ADRs to approximately 20% of the Fund's net assets.

ACIO tracks the S&P 500 Index.

No, ACIO is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, ACIO is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on ACIO is -0.0065%. This is the percent change in the value of ACIO over the most recent 1-month period. The 3-month return on ACIO is 0.0047%. This is the percent change in the value of ACIO over the most recent 3-month period.

The standard deviation of ACIO for the past year is 0.1007%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to ACIO include SSO, IVV, and UPRO.

ETFs correlated to ACIO include GAUG, XAUG, and GSUS.

ETFs that are inversely correlated to ACIO include SPXS, SH, and SDS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.