Aptus Collared Income Opportunity ETF (ACIO)
Aptus Collared Income Opportunity ETF operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Fairhope, AL, US. The stock last traded at $47.40, up 0.28% on the session, giving a market capitalisation of $2.44B. Its beta of 0.74 implies it has historically moved less than the broad market.
The Aptus Collared Income Opportunity ETF (ACIO) is an actively managed fund with the dual objective of achieving both capital growth and a consistent income stream. This strategy primarily involves investing in a focused portfolio of 70-80 large-capitalization individual stocks, on which it then sells covered call options to generate additional income. A core feature of ACIO is its commitment to minimizing downside risk through the strategic purchase of long put options tied to a broad-based market index, offering a layer of protection against significant market declines.
Aptus Collared Income Opportunity ETF is most often compared with the following Financial Services names: