DRSK

Aptus Defined Risk ETF

$29.00
+0.00%
Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The Aptus Defined Risk ETF (DRSK) seeks to provide exposure to the cryptocurrency market while aiming to limit downside risk through the use of options-based strategies.

Overview

ETF tracking Aptus Defined Risk ETF

Category Crypto
Issuer Other
Inception Date 2018-08-08
Market Cap $1.4B
Average Volume N/A
Dividend Yield 3.60%
52-Week Range $26.75 - $29.71
VWAP $29.07

Performance

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Investment Summary

📎 Investment Objective

The Aptus Defined Risk ETF (DRSK) seeks to provide exposure to the cryptocurrency market while aiming to limit downside risk through the use of options-based strategies.

🎯 Investment Strategy

DRSK invests in a portfolio of cryptocurrencies and utilizes options contracts to help manage risk. The fund aims to provide upside participation in the crypto market while using options to help limit potential losses.

✨ Key Features

  • Exposure to a diversified portfolio of cryptocurrencies
  • Options-based strategy to help manage downside risk
  • Actively managed approach to navigate the volatile crypto market
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Cryptocurrency market risk - Cryptocurrencies are a highly volatile asset class with significant price fluctuations
  • Options-related risks - The use of options strategies introduces additional risks such as counterparty risk and liquidity risk
  • Lack of performance history - As a new fund, DRSK does not have a long-term track record to evaluate
  • Concentration risk - The fund's focus on cryptocurrencies means it may be more susceptible to events affecting that sector

👤 Best For

DRSK may be suitable for investors seeking exposure to the cryptocurrency market with a focus on risk management. The fund's options-based approach may appeal to investors who want to participate in the potential upside of crypto while aiming to limit downside risk. However, due to the fund's newness and the inherent volatility of the crypto market, it is best suited for investors with a higher risk tolerance and a long-term investment horizon.