DRSK vs. SPLS
DRSK (Aptus Defined Risk ETF) and SPLS (PIMCO U.S. Stocks PLUS Active Bond ETF) are both Diversified Portfolio funds. Both are actively managed. Their 0.75 correlation means they have sometimes moved together and sometimes differently. DRSK charges 0.79%/yr vs 0.18%/yr for SPLS.
Performance
DRSK vs. SPLS - Performance Comparison
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Returns By Period
DRSK
- 1D
- 0.28%
- 1M
- -1.04%
- 6M
- 1.95%
- YTD
- 1.59%
- 1Y
- 3.00%
- 3Y*
- 7.99%
- 5Y*
- 2.33%
- 10Y*
- —
- ALL TIME*
- 5.25%
SPLS
- 1D
- 0.90%
- 1M
- 0.64%
- 6M
- 9.21%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.84M | $3.85M | $3.25M | |
| $87.41K | $186.29K | $302.92K |
DRSK vs. SPLS - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
DRSK Aptus Defined Risk ETF | 1.95% |
SPLS PIMCO U.S. Stocks PLUS Active Bond ETF | 9.06% |
Correlation
The correlation between DRSK and SPLS is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 16, 2026 | 0.75 |
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Return for Risk
DRSK vs. SPLS — Risk / Return Rank
DRSK
SPLS
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DRSK vs. SPLS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Aptus Defined Risk ETF (DRSK) and PIMCO U.S. Stocks PLUS Active Bond ETF (SPLS). 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 | SPLS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.08 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.50 | — | — |
| Martin ratioReturn relative to average drawdown | 1.22 | — | — |
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Drawdowns
DRSK vs. SPLS - Drawdown Comparison
The maximum DRSK drawdown since its inception was -19.87%, which is greater than SPLS's maximum drawdown of -9.24%. Use the drawdown chart below to compare losses from any high point for DRSK and SPLS.
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Drawdown Indicators
| DRSK | SPLS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.87% | -9.24% | -10.63% |
Max Drawdown (1Y)Largest decline over 1 year | -7.20% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -8.81% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -19.87% | — | — |
Current DrawdownCurrent decline from peak | -3.30% | -0.95% | -2.35% |
Average DrawdownAverage peak-to-trough decline | -4.18% | -1.83% | -2.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.94% | — | — |
Volatility
DRSK vs. SPLS - Volatility Comparison
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Volatility by Period
| DRSK | SPLS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.80% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 5.25% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 7.86% | 15.02% | -7.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.45% | 15.02% | -7.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.05% | 15.02% | -7.97% |
DRSK vs. SPLS - Expense Ratio Comparison
DRSK has a 0.79% expense ratio, which is higher than SPLS's 0.18% expense ratio.
Dividends
DRSK vs. SPLS - Dividend Comparison
DRSK's dividend yield for the trailing twelve months is around 3.74%, more than SPLS's 0.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DRSK Aptus Defined Risk ETF | 3.74% | 3.67% | 3.31% | 3.57% | 1.93% | 2.64% | 5.69% | 3.04% | 2.62% |
SPLS PIMCO U.S. Stocks PLUS Active Bond ETF | 0.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DRSK and SPLS have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPLS is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPLS is cheaper with a 0.18% expense ratio, compared with 0.79% for DRSK.
DRSK has the higher dividend yield at 3.74%, compared with 0.55% for SPLS.
They also come from different issuers: Aptus and PIMCO. Their fees differ too: 0.79% for DRSK and 0.18% for SPLS.
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