TDEC vs. APRB

Last updated Jun 24, 2026

TDEC (FT Vest Emerging Markets Buffer ETF - December) and APRB (Aptus April Buffer ETF) are both Defined Outcome funds. TDEC is passively managed, while APRB is actively managed. A 0.72 correlation means they provide meaningful diversification when combined. TDEC charges 0.95%/yr vs 0.25%/yr for APRB.

Performance

TDEC vs. APRB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Emerging Markets Buffer ETF - December (TDEC) and Aptus April Buffer ETF (APRB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TDEC achieves a 7.66% return, which is significantly higher than APRB's 4.53% return.

TDEC

• 1D: -2.13%
• 1M: -0.09%
• YTD: 7.66%
• 6M: 8.74%
• 1Y: 20.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

APRB

• 1D: -0.22%
• 1M: 0.19%
• YTD: 4.53%
• 6M: 4.23%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TDEC vs. APRB - Yearly Performance Comparison

	2026 (YTD)	2025
TDEC FT Vest Emerging Markets Buffer ETF - December	7.66%	3.55%
APRB Aptus April Buffer ETF	4.53%	2.48%

Correlation

The correlation between TDEC and APRB is 0.72, 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 14, 2025	0.72

Return for Risk

TDEC vs. APRB — Risk / Return Rank

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

TDEC

TDEC Risk / Return Rank: 65
TDEC Sharpe Ratio Rank: 64
TDEC Sortino Ratio Rank: 62
TDEC Omega Ratio Rank: 79
TDEC Calmar Ratio Rank: 55
TDEC Martin Ratio Rank: 65

APRB

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.

TDEC vs. APRB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Emerging Markets Buffer ETF - December (TDEC) 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.

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.

	TDEC	APRB	Difference
Sharpe ratio: Return per unit of total volatility	1.91	—	—
Sortino ratio: Return per unit of downside risk	2.63	—	—
Omega ratio: Gain probability vs. loss probability	1.43	—	—
Calmar ratio: Return relative to maximum drawdown	2.51	—	—
Martin ratio: Return relative to average drawdown	10.81	—	—

Drawdowns

TDEC vs. APRB - Drawdown Comparison

The maximum TDEC drawdown since its inception was -10.30%, which is greater than APRB's maximum drawdown of -4.59%. Use the drawdown chart below to compare losses from any high point for TDEC and APRB.

Drawdown Indicators

	TDEC	APRB	Difference
Max Drawdown Largest peak-to-trough decline	-10.30%	-4.59%	-5.71%
Max Drawdown (1Y) Largest decline over 1 year	-8.16%	—	—
Current Drawdown Current decline from peak	-2.13%	-0.45%	-1.68%
Average Drawdown Average peak-to-trough decline	-1.05%	-0.71%	-0.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.89%	—	—

Volatility

Volatility by Period

	TDEC	APRB	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.52%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.98%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.71%	5.97%	+4.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.03%	5.97%	+6.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.03%	5.97%	+6.06%

TDEC vs. APRB - Expense Ratio Comparison

TDEC has a 0.95% expense ratio, which is higher than APRB's 0.25% expense ratio.

Dividends

TDEC vs. APRB - Dividend Comparison

Neither TDEC nor APRB has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TDEC and APRB in my portfolio?

TDEC and APRB have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TDEC or APRB?

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, TDEC or APRB?

APRB is cheaper with a 0.25% expense ratio, compared with 0.95% for TDEC.

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

TDEC and APRB have nearly identical dividend yields, around 0.00%.

What is the main difference between TDEC and APRB?

They also come from different issuers: FT Vest and Aptus Capital Advisors. Their fees differ too: 0.95% for TDEC and 0.25% for APRB.