Aptus Defined Correlations

DRSK Etf

USD 28.45 0.04 0.14%

The current 90-days correlation between Aptus Defined Risk and iShares MSCI USA is 0.59 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aptus Defined moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aptus Defined Risk moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Aptus Defined Correlation With Market

Very good diversification

The correlation between Aptus Defined Risk and DJI is -0.4 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aptus Defined Risk and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Aptus Etf

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Aptus Defined Risk. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Moving together with Aptus Etf

0.78	MSFT	Microsoft	Pair Corr
0.78	HPQ	HP Inc	Pair Corr

Moving against Aptus Etf

0.69	JNUG	Direxion Daily Junior	Pair Corr
0.69	NUGT	Direxion Daily Gold	Pair Corr
0.69	GDMN	WisdomTree Efficient Gold Low Volatility	Pair Corr
0.68	GDXU	MicroSectors Gold Miners	Pair Corr
0.68	SLVR	Sprott Silver Miners	Pair Corr
0.67	AGQ	ProShares Ultra Silver Trending	Pair Corr
0.66	BNDS	Series Portfolios Trust	Pair Corr
0.62	SHNY	Microsectors Gold Trending	Pair Corr
0.6	MUU	Direxion Daily MU	Pair Corr
0.6	MULL	GraniteShares 2x Long	Pair Corr
0.49	KORU	Direxion Daily South	Pair Corr
0.37	PEY	Invesco High Yield	Pair Corr
0.31	TOTL	SPDR DoubleLine Total	Pair Corr
0.75	DD	Dupont De Nemours Sell-off Trend	Pair Corr
0.67	XOM	Exxon Mobil Corp Earnings Call Today	Pair Corr
0.65	MRK	Merck Company Earnings Call This Week	Pair Corr
0.65	WMT	Walmart Common Stock	Pair Corr
0.63	AA	Alcoa Corp	Pair Corr
0.61	CAT	Caterpillar	Pair Corr
0.5	BA	Boeing	Pair Corr
0.46	CVX	Chevron Corp Earnings Call Today	Pair Corr
0.43	GAL	SPDR SSgA Global	Pair Corr
0.35	KO	Coca Cola Aggressive Push	Pair Corr
0.32	INTC	Intel	Pair Corr

Related Correlations Analysis

	LCTU	ARKF	BAFE	FDLO	LIT	GLOV	BLOK	GSEW	QVML	EUSA
LCTU		0.12	0.92	0.78	0.61	0.8	0.38	0.88	0.99	0.87	LCTU
ARKF	0.12		-0.13	-0.43	-0.56	-0.44	0.78	-0.22	-0.02	-0.26	ARKF
BAFE	0.92	-0.13		0.85	0.7	0.89	0.13	0.94	0.93	0.95	BAFE
FDLO	0.78	-0.43	0.85		0.76	0.96	-0.09	0.85	0.84	0.87	FDLO
LIT	0.61	-0.56	0.7	0.76		0.82	-0.07	0.84	0.71	0.84	LIT
GLOV	0.8	-0.44	0.89	0.96	0.82		-0.13	0.89	0.87	0.92	GLOV
BLOK	0.38	0.78	0.13	-0.09	-0.07	-0.13		0.21	0.29	0.14	BLOK
GSEW	0.88	-0.22	0.94	0.85	0.84	0.89	0.21		0.91	1.0	GSEW
QVML	0.99	-0.02	0.93	0.84	0.71	0.87	0.29	0.91		0.9	QVML
EUSA	0.87	-0.26	0.95	0.87	0.84	0.92	0.14	1.0	0.9		EUSA
	LCTU	ARKF	BAFE	FDLO	LIT	GLOV	BLOK	GSEW	QVML	EUSA

Please upgrade your account to get full access to Macroaxis premium features

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

EUSA	+ 1.0	GSEW
QVML	+ 0.99	LCTU
GLOV	+ 0.96	FDLO
EUSA	+ 0.95	BAFE
GSEW	+ 0.94	BAFE
QVML	+ 0.93	BAFE

High negative correlations

LIT	- 0.56	ARKF
GLOV	- 0.44	ARKF
FDLO	- 0.43	ARKF
EUSA	- 0.26	ARKF
GSEW	- 0.22	ARKF
BLOK	- 0.13	GLOV

Aptus Defined Constituents Risk-Adjusted Indicators

There is a big difference between Aptus Etf performing well and Aptus Defined ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Aptus Defined's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
LCTU	0.54	(0.02)	(0.04)	0.02	0.78	(0.50)	1.17	(1.24)	3.74
ARKF	1.46	(0.43)	0.00	(0.21)	0.00	0.00	2.42	(4.48)	7.79
BAFE	0.61	(0.03)	(0.04)	0.02	0.79	(0.61)	1.21	(1.28)	3.58
FDLO	0.42	0.01	(0.01)	0.07	0.45	(0.46)	0.93	(0.72)	2.95
LIT	1.29	0.26	0.15	0.44	1.39	(1.38)	2.62	(2.69)	6.39
GLOV	0.39	0.02	(0.02)	0.08	0.43	(0.41)	0.75	(0.64)	2.51
BLOK	1.87	(0.28)	0.00	(0.12)	0.00	0.00	3.85	(4.68)	9.87
GSEW	0.60	(0.01)	(0.02)	0.04	0.71	(0.66)	1.24	(1.41)	3.24
QVML	0.50	(0.01)	(0.02)	0.04	0.72	(0.47)	1.03	(1.05)	3.61
EUSA	0.59	(0.01)	(0.03)	0.04	0.66	(0.65)	1.23	(1.33)	3.40

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC