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ETFs

Aptus Behavioral Momentum ETF

ADME
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 09 2016
Expense Ratio
0.79%
Type
US Equities
Fund Owner
Aptus Capital Advisors
Volume (1m avg. daily)
$819,008
AUM
$236,029,514
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

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Apple Inc
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Microsoft Corporation
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Amazon.com Inc.
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XOM
Exxon Mobil Corp.
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NVIDIA Corp
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LIN
LINDE PLC
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LMT
Lockheed Martin Corp.
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NEE
NextEra Energy Inc
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UNH
Unitedhealth Group Inc
1.74%
Invest with ADME

What is ADME?

The Aptus Drawdown Managed Equity ETF seeks capital appreciation with a focus on managing drawdown risk through hedges. Equity holdings are selected using a yield + growth framework, favoring companies who pass our requirements for growth, momentum, value, and yield.

ETFs related toADME

ETFs correlated to ADME include ACIO, ESGU, MGC

ADME
ETF Series Solutions Trust - Aptus Drawdown Managed Equity ETF
ACIO
ETF Series Solutions Trust - Aptus Collared Investment Opportunity ETF
ESGU
iShares Trust - iShares Trust iShares ESG Aware MSCI USA ETF
MGC
Vanguard Group, Inc. - Vanguard Mega Cap 300 Index ETF
GSUS
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta U.S. Equity ETF
GSLC
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
BBUS
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Equity ETF
VV
Vanguard Group, Inc. - Vanguard Large Cap ETF
IWB
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 ETF
SPXL
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares

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

ADME is a US Equities ETF. The Aptus Drawdown Managed Equity ETF seeks capital appreciation with a focus on managing drawdown risk through hedges. Equity holdings are selected using a yield + growth framework, favoring companies who pass our requirements for growth, momentum, value, and yield.

Yes, ADME is actively 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.

No, ADME is not passively managed. It is actively 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 ADME is 0.0277%. This is the percent change in the value of ADME over the most recent 1-month period. The 3-month return on ADME is 0.0305%. This is the percent change in the value of ADME over the most recent 3-month period.

The standard deviation of ADME for the past year is 0.156%. 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 ADME include VXX, QYLD, and HDGE.

ETFs correlated to ADME include ACIO, ESGU, and MGC.

ETFs that are inversely correlated to ADME include SPXS, SDS, and SPXU.

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.