DRSK vs. MDAA

Last updated Jul 18, 2026

DRSK (Aptus Defined Risk ETF) and MDAA (Myriad Dynamic Asset Allocation ETF) are both Diversified Portfolio funds. Both are actively managed. A 0.68 correlation means they provide meaningful diversification when combined. DRSK charges 0.79%/yr vs 0.97%/yr for MDAA.

Performance

DRSK vs. MDAA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aptus Defined Risk ETF (DRSK) and Myriad Dynamic Asset Allocation ETF (MDAA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DRSK achieves a 2.00% return, which is significantly lower than MDAA's 15.21% return.

DRSK

• 1D: -0.47%
• 1M: -0.67%
• 6M: 2.25%
• YTD: 2.00%
• 1Y: 4.55%
• 3Y*: 7.95%
• 5Y*: 2.53%
• 10Y*: —

MDAA

• 1D: -1.55%
• 1M: -3.50%
• 6M: 9.73%
• YTD: 15.21%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DRSK vs. MDAA - Yearly Performance Comparison

	2026 (YTD)	2025
DRSK Aptus Defined Risk ETF	2.00%	-1.88%
MDAA Myriad Dynamic Asset Allocation ETF	15.21%	-0.25%

Correlation

The correlation between DRSK and MDAA is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 3, 2025	0.68

Return for Risk

DRSK vs. MDAA — Risk / Return Rank

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

DRSK

DRSK Risk / Return Rank: 20
DRSK Sharpe Ratio Rank: 21
DRSK Sortino Ratio Rank: 21
DRSK Omega Ratio Rank: 19
DRSK Calmar Ratio Rank: 19
DRSK Martin Ratio Rank: 20

MDAA

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

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.

DRSK vs. MDAA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aptus Defined Risk ETF (DRSK) and Myriad Dynamic Asset Allocation ETF (MDAA). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DRSK	MDAA	Difference
Sharpe ratio: Return per unit of total volatility	0.58	—	—
Sortino ratio: Return per unit of downside risk	0.93	—	—
Omega ratio: Gain probability vs. loss probability	1.10	—	—
Calmar ratio: Return relative to maximum drawdown	0.63	—	—
Martin ratio: Return relative to average drawdown	1.60	—	—

Drawdowns

DRSK vs. MDAA - Drawdown Comparison

The maximum DRSK drawdown since its inception was -19.87%, which is greater than MDAA's maximum drawdown of -14.59%. Use the drawdown chart below to compare losses from any high point for DRSK and MDAA.

Drawdown Indicators

	DRSK	MDAA	Difference
Max Drawdown Largest peak-to-trough decline	-19.87%	-14.59%	-5.28%
Max Drawdown (1Y) Largest decline over 1 year	-7.20%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-9.60%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.87%	—	—
Current Drawdown Current decline from peak	-2.91%	-6.71%	+3.80%
Average Drawdown Average peak-to-trough decline	-4.18%	-3.27%	-0.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.85%	—	—

Volatility

Volatility by Period

	DRSK	MDAA	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.73%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.23%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.90%	24.76%	-16.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.44%	24.76%	-17.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.06%	24.76%	-17.70%

DRSK vs. MDAA - Expense Ratio Comparison

DRSK has a 0.79% expense ratio, which is lower than MDAA's 0.97% expense ratio.

Dividends

DRSK vs. MDAA - Dividend Comparison

DRSK's dividend yield for the trailing twelve months is around 3.72%, more than MDAA's 0.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DRSK Aptus Defined Risk ETF	3.72%	3.67%	3.31%	3.57%	1.93%	2.64%	5.69%	3.04%	2.62%
MDAA Myriad Dynamic Asset Allocation ETF	0.40%	0.46%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DRSK and MDAA in my portfolio?

DRSK and MDAA have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DRSK or MDAA?

On fees, DRSK is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DRSK or MDAA?

DRSK is cheaper with a 0.79% expense ratio, compared with 0.97% for MDAA.

Which ETF pays a higher dividend yield, DRSK or MDAA?

DRSK has the higher dividend yield at 3.72%, compared with 0.40% for MDAA.

What is the main difference between DRSK and MDAA?

They also come from different issuers: Aptus Capital Advisors and Myriad. Their fees differ too: 0.79% for DRSK and 0.97% for MDAA.