AUGZ vs. APRB
AUGZ (TrueShares Structured Outcome (August) ETF) and APRB (Aptus April Buffer ETF) are both Defined Outcome funds. AUGZ is passively managed, while APRB is actively managed. Their correlation of 0.92 suggests significant overlap in exposure. AUGZ charges 0.79%/yr vs 0.25%/yr for APRB.
Performance
AUGZ vs. APRB - Performance Comparison
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Returns By Period
In the year-to-date period, AUGZ achieves a 8.27% return, which is significantly higher than APRB's 4.77% return.
AUGZ
- 1D
- -0.55%
- 1M
- 4.32%
- YTD
- 8.27%
- 6M
- 8.18%
- 1Y
- 20.84%
- 3Y*
- 16.37%
- 5Y*
- 10.83%
- 10Y*
- —
APRB
- 1D
- -0.11%
- 1M
- 1.69%
- YTD
- 4.77%
- 6M
- 5.32%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AUGZ vs. APRB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AUGZ TrueShares Structured Outcome (August) ETF | 8.27% | 2.42% |
APRB Aptus April Buffer ETF | 4.77% | 2.48% |
Correlation
The correlation between AUGZ and APRB is 0.92, 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 | 0.92 |
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Return for Risk
AUGZ vs. APRB — Risk / Return Rank
AUGZ
APRB
AUGZ vs. APRB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TrueShares Structured Outcome (August) ETF (AUGZ) and Aptus April Buffer ETF (APRB). 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.
| AUGZ | APRB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.40 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.89 | — | — |
| Martin ratioReturn relative to average drawdown | 12.46 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AUGZ | APRB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.21 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.91 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.08 | 2.00 | -0.92 |
Drawdowns
AUGZ vs. APRB - Drawdown Comparison
The maximum AUGZ drawdown since its inception was -15.67%, which is greater than APRB's maximum drawdown of -4.59%. Use the drawdown chart below to compare losses from any high point for AUGZ and APRB.
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Drawdown Indicators
| AUGZ | APRB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.67% | -4.59% | -11.08% |
Max Drawdown (1Y)Largest decline over 1 year | -7.23% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -14.52% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -15.67% | — | — |
Current DrawdownCurrent decline from peak | -0.55% | -0.11% | -0.44% |
Average DrawdownAverage peak-to-trough decline | -3.11% | -0.74% | -2.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.68% | — | — |
Volatility
AUGZ vs. APRB - Volatility Comparison
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Volatility by Period
| AUGZ | APRB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.60% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 7.25% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 9.50% | 5.98% | +3.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.97% | 5.98% | +5.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.10% | 5.98% | +6.12% |
AUGZ vs. APRB - Expense Ratio Comparison
AUGZ has a 0.79% expense ratio, which is higher than APRB's 0.25% expense ratio.
Dividends
AUGZ vs. APRB - Dividend Comparison
AUGZ's dividend yield for the trailing twelve months is around 3.35%, while APRB has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
APRB Aptus April Buffer ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AUGZ TrueShares Structured Outcome (August) ETF | 3.35% | 3.63% | 4.08% | 3.42% | 0.41% |
Frequently Asked Questions
With a correlation of 0.92, AUGZ and APRB 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.
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.
APRB is cheaper with a 0.25% expense ratio, compared with 0.79% for AUGZ.
AUGZ has the higher dividend yield at 3.35%, compared with 0.00% for APRB.
They also come from different issuers: TrueShares and Aptus Capital Advisors. Their fees differ too: 0.79% for AUGZ and 0.25% for APRB.
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