UPSD
Aptus Large Cap Upside ETF
Aptus Large Cap Upside ETF seeks to provide investors with capital appreciation by investing primarily in large-cap U.S. companies while employing a strategy that aims to capture upside market performance.
Risk Management
DERIVATIVES
Active
MANAGEMENT STYLE
45.5 M
ASSETS UNDER MGMT
79 bp
EXPENSES
Fund Basics
| Fund sponsor | Aptus |
| Category | Risk Management |
| Asset class | Derivatives |
| Website | link... |
| Inception date | Nov 20, 2024 |
| Assets (mns) | $45 |
| Expense ratio | 79 bp |
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | |
| Taxation | 1099 |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top Holdings
| RCXTSOA6 TRS 012626 | 65.3 % |
| RCXTSOA6 TRS 090826 | 31.2 % |
| UNITED STATES TREASURY BILL 07/17/2025 | 8.5 % |
| MICROSOFT CORP | 5.0 % |
| APPLE INC | 4.5 % |
| NVIDIA CORP | 4.1 % |
| AMAZON.COM INC | 2.1 % |
| CENCORA INC | 1.6 % |
| LOCKHEED MARTIN CORP | 1.5 % |
| CME GROUP INC | 1.4 % |
Asset Allocation
Historical Performance
Standardized Performance (as of 04/30/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -5.0% | -- | -- | -- | -- | -- | -- | -10.0% |
| Dividend Yield | 0.0% | -- | -- | -- | -- | -- | -- | 0.0% |
| Total Returns | -5.0% | -- | -- | -- | -- | -- | -- | -10.0% | Ann. Volatility | 37.9% | -- | -- | -- | -- | -- | -- | 33.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.00 | 0% |
| MSCI EAFE | 0.00 | 0% |
| MSCI Emg Mkts | 0.00 | 0% |
Liquidity Measures
| Avg. volume (000) | 7 |
| ADV traded (mns) | $0 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.25% |
Technical Indicators
| Recent close | $23.35 |
| 30d moving avg. | $22.06 |
| Annualized volatility | 0.0% |
| Relative strength (RSI) | 50 |
| Short interest | 0.2% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Expense Analysis
| Peer Group | Active Risk Management Derivatives ETFs |
| # of ETFs | 109 |
| Avg. Expense Ratio | 85.0 bp |
| Std. Deviation | 17 bp |
| UPSD (79 bp) Percentile rank | 32 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| UPSD | 79.0 | 25.1 | 104.1 |
| Peer Avg. | 90.6 | 32.2 | 122.8 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .