APRB vs. ADME

Last updated Jun 4, 2026

APRB (Aptus April Buffer ETF) and ADME (Aptus Drawdown Managed Equity ETF) are both exchange-traded funds - APRB is a Defined Outcome fund actively managed by Aptus Capital Advisors, while ADME is a Hedge Fund fund tracking the Aptus Behavioral Momentum Index. APRB is actively managed, while ADME is passively managed. Their correlation of 0.91 suggests significant overlap in exposure. APRB charges 0.25%/yr vs 0.79%/yr for ADME.

Performance

APRB vs. ADME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aptus April Buffer ETF (APRB) and Aptus Drawdown Managed Equity ETF (ADME). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, APRB achieves a 4.77% return, which is significantly lower than ADME's 9.81% return.

APRB

• 1D: -0.11%
• 1M: 1.69%
• YTD: 4.77%
• 6M: 5.32%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ADME

• 1D: -0.72%
• 1M: 4.45%
• YTD: 9.81%
• 6M: 8.93%
• 1Y: 20.89%
• 3Y*: 17.40%
• 5Y*: 8.23%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

APRB vs. ADME - Yearly Performance Comparison

	2026 (YTD)	2025
APRB Aptus April Buffer ETF	4.77%	2.48%
ADME Aptus Drawdown Managed Equity ETF	9.81%	0.90%

Correlation

The correlation between APRB and ADME is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 15, 2025	0.91

Return for Risk

APRB vs. ADME — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ADME

ADME Risk / Return Rank: 62
ADME Sharpe Ratio Rank: 62
ADME Sortino Ratio Rank: 64
ADME Omega Ratio Rank: 60
ADME Calmar Ratio Rank: 56
ADME Martin Ratio Rank: 66

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

APRB vs. ADME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aptus April Buffer ETF (APRB) and Aptus Drawdown Managed Equity ETF (ADME). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	APRB	ADME	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.11	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.00	0.63	+1.37

Drawdowns

APRB vs. ADME - Drawdown Comparison

The maximum APRB drawdown since its inception was -4.59%, smaller than the maximum ADME drawdown of -27.49%. Use the drawdown chart below to compare losses from any high point for APRB and ADME.

Drawdown Indicators

	APRB	ADME	Difference
Max Drawdown Largest peak-to-trough decline	-4.59%	-27.49%	+22.90%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.49%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.67%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-23.43%	—
Current Drawdown Current decline from peak	-0.11%	-0.72%	+0.61%
Average Drawdown Average peak-to-trough decline	-0.74%	-7.92%	+7.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.71%	—

Volatility

Volatility by Period

	APRB	ADME	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.99%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.69%	—
Volatility (1Y) Calculated over the trailing 1-year period	5.98%	9.95%	-3.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.98%	12.87%	-6.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.98%	14.40%	-8.42%

APRB vs. ADME - Expense Ratio Comparison

APRB has a 0.25% expense ratio, which is lower than ADME's 0.79% expense ratio.

Dividends

APRB vs. ADME - Dividend Comparison

APRB has not paid dividends to shareholders, while ADME's dividend yield for the trailing twelve months is around 0.37%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ADME Aptus Drawdown Managed Equity ETF	0.37%	0.38%	0.47%	0.78%	0.73%	0.26%	0.41%	0.70%	0.86%	0.32%	0.69%
APRB Aptus April Buffer ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both APRB and ADME in my portfolio?

With a correlation of 0.91, APRB and ADME move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, APRB or ADME?

On fees, APRB is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, APRB or ADME?

APRB is cheaper with a 0.25% expense ratio, compared with 0.79% for ADME.

Which ETF pays a higher dividend yield, APRB or ADME?

ADME has the higher dividend yield at 0.37%, compared with 0.00% for APRB.

What is the main difference between APRB and ADME?

APRB is categorized as Defined Outcome, while ADME is Hedge Fund. Their fees differ too: 0.25% for APRB and 0.79% for ADME.