OCTB vs. ADME

Last updated Jun 23, 2026

OCTB (Aptus October Buffer ETF) and ADME (Aptus Drawdown Managed Equity ETF) are both exchange-traded funds - OCTB is a Defined Outcome fund actively managed by Aptus Capital Advisors, while ADME is a Hedge Fund fund tracking the Aptus Behavioral Momentum Index. OCTB is actively managed, while ADME is passively managed. Their correlation of 0.93 suggests significant overlap in exposure. OCTB charges 0.25%/yr vs 0.79%/yr for ADME.

Performance

OCTB vs. ADME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aptus October Buffer ETF (OCTB) 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, OCTB achieves a 6.11% return, which is significantly lower than ADME's 8.62% return.

OCTB

• 1D: -0.15%
• 1M: 0.56%
• YTD: 6.11%
• 6M: 6.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ADME

• 1D: -0.38%
• 1M: -0.16%
• YTD: 8.62%
• 6M: 8.08%
• 1Y: 19.81%
• 3Y*: 16.57%
• 5Y*: 7.80%
• 10Y*: 8.86%

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

OCTB vs. ADME - Yearly Performance Comparison

	2026 (YTD)	2025
OCTB Aptus October Buffer ETF	6.11%	2.37%
ADME Aptus Drawdown Managed Equity ETF	8.62%	1.03%

Correlation

The correlation between OCTB and ADME is 0.93, 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 14, 2025	0.93

Return for Risk

OCTB vs. ADME — Risk / Return Rank

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

OCTB

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

ADME

ADME Risk / Return Rank: 57
ADME Sharpe Ratio Rank: 57
ADME Sortino Ratio Rank: 56
ADME Omega Ratio Rank: 55
ADME Calmar Ratio Rank: 55
ADME Martin Ratio Rank: 63

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.

OCTB vs. ADME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aptus October Buffer ETF (OCTB) 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.

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.

	OCTB	ADME	Difference
Sharpe ratio: Return per unit of total volatility	—	1.87	—
Sortino ratio: Return per unit of downside risk	—	2.61	—
Omega ratio: Gain probability vs. loss probability	—	1.33	—
Calmar ratio: Return relative to maximum drawdown	—	2.66	—
Martin ratio: Return relative to average drawdown	—	11.07	—

Drawdowns

OCTB vs. ADME - Drawdown Comparison

The maximum OCTB drawdown since its inception was -4.79%, smaller than the maximum ADME drawdown of -27.49%. Use the drawdown chart below to compare losses from any high point for OCTB and ADME.

Drawdown Indicators

	OCTB	ADME	Difference
Max Drawdown Largest peak-to-trough decline	-4.79%	-27.49%	+22.70%
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%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-27.49%	—
Current Drawdown Current decline from peak	-0.26%	-1.80%	+1.54%
Average Drawdown Average peak-to-trough decline	-0.69%	-7.89%	+7.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.79%	—

Volatility

Volatility by Period

	OCTB	ADME	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.43%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.57%	—
Volatility (1Y) Calculated over the trailing 1-year period	7.24%	10.68%	-3.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.24%	12.99%	-5.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.24%	14.45%	-7.21%

OCTB vs. ADME - Expense Ratio Comparison

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

Dividends

OCTB vs. ADME - Dividend Comparison

OCTB has not paid dividends to shareholders, while ADME's dividend yield for the trailing twelve months is around 0.38%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ADME Aptus Drawdown Managed Equity ETF	0.38%	0.38%	0.47%	0.78%	0.73%	0.26%	0.41%	0.70%	0.86%	0.32%	0.69%
OCTB Aptus October 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 OCTB and ADME in my portfolio?

With a correlation of 0.93, OCTB 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, OCTB or ADME?

On fees, OCTB 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, OCTB or ADME?

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

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

ADME has the higher dividend yield at 0.38%, compared with 0.00% for OCTB.

What is the main difference between OCTB and ADME?

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