Skip to Content
ETFs

Aptus Collared Income Opportunity ETF

ACIO
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 10 2019
Expense Ratio
0.79%
Type
Global Equities
Fund Owner
Aptus Capital Advisors
Volume (1m avg. daily)
$1,758,899
AUM
$564,175,275
Associated Index
S&P 500 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

AAPL
Apple Inc
7.09%
MSFT
Microsoft Corporation
6.18%
GOOG
Alphabet Inc - Ordinary Shares - Class C
3.57%
AMZN
Amazon.com Inc.
2.60%
XOM
Exxon Mobil Corp.
2.17%
NVDA
NVIDIA Corp
2.03%
LIN
LINDE PLC
1.88%
LMT
Lockheed Martin Corp.
1.86%
NEE
NextEra Energy Inc
1.79%
UNH
Unitedhealth Group Inc
1.75%
Invest with ACIO

What is ACIO?

The Aptus Collared Income Opportunity ETF seeks current income and capital appreciation. An actively-managed strategy seeking growth and income using collared equities. The strategy invests in 30 global large-cap dividend payers, pursues additional income through covered calls, and tries to minimize downside using long puts on each stock. The strategy also generally keeps 1-2% in index call options to pursue additional gains in rising markets.

ETFs related toACIO

ETFs correlated to ACIO include ESGU, SPXL, UPRO

ACIO
ETF Series Solutions Trust - ETF Series Solutions Aptus Collared Income Opportunity ETF
ESGU
iShares Trust - iShares Trust iShares ESG Aware MSCI USA ETF
SPXL
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares
UPRO
ProShares Trust - ProShares UltraPro S&P 500 ETF 3x Shares
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
SSO
ProShares Trust - ProShares Ultra S&P500 2x Shares
VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF
GSLC
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 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.

Automated Strategies
Related toACIO

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#HFEAR

Hedgefundie's Excellent Adventure Refined

Category

Balance Risk Not Assets, Lever Up, Composer's Picks

Risk Rating

Aggressive

Create your own algorithmic trading strategy with ACIO using Composer

FAQ

ACIO is a Global Equities ETF. The Aptus Collared Income Opportunity ETF seeks current income and capital appreciation. An actively-managed strategy seeking growth and income using collared equities. The strategy invests in 30 global large-cap dividend payers, pursues additional income through covered calls, and tries to minimize downside using long puts on each stock. The strategy also generally keeps 1-2% in index call options to pursue additional gains in rising markets.

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 0.003%. This is the percent change in the value of ACIO over the most recent 1-month period. The 3-month return on ACIO is 0.0224%. 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 0.1383%. 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 BOCT, UMAR, and PDEC.

ETFs correlated to ACIO include ESGU, SPXL, and UPRO.

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.