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Aptus Drawdown Managed Equity ETF (ADME) - ETF





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Volume(000's)


Charts and data are derived from prices adjusted for both splits and distributions to emphasize total return.

ETF Symbol:
This data as of Market Close on Wed, Nov 20
Price47.22
Volume13k
Avg Vol31k
RSf71.5
$Vol(21d)3m
52 wk High47.96
52 wk Low36.49
Yield(ttm)0.44%
Inception:Jun 2016
Total Returns:
1 day0.1%
5 day-1.0%
1 month0.6%
3 month5.1%
6 month11.6%
9 month15.6%
1 year28.0%
 
Compare Funds:
Correlated Group: Technology (View cGroup) (All Groups)




Correlated Funds

Most Directly Correlated
Fidelity Enhanced Lg Cap Core ETFFELC0.97  
iShares Russell Top 200 IndexIWL0.96  
Direxion S&P 500 Bull 3X SharesSPXL0.96  
iShares Core S&P 500 ETFIVV0.96  
Vanguard Large-CapVV0.96  
ProShares UltraPro S&P 500UPRO0.96  
SPDR S&P 500SPY0.96  
SPDR Portfolio Large CapSPLG0.96  
ProShares Ultra S&P 500SSO0.96  
BNY Mellon US Large Cap Core Equity ETFBKLC0.96  
Least Correlated
JPMorgan Ultra-Short Income ETFJPST0.00  
ProShares UltraShort DJ-UBS Natural Gas ETFKOLD0.00  
SPDR Nuveen S&P High Yield Muni Bond ETFHYMB0.00  
PIMCO Short Term Municipal Bond Strategy FundSMMU0.00  
Fidelity Investment Grade Bond ETFFIGB0.00  
Goldman Sachs Access Ultra Short Bond ETFGSST-0.00  
iShares Barclays Agency BondAGZ-0.00  
Invesco BulletShares 2026 Corporate Bond ETFBSCQ-0.00  
iShares 0-3 Month Treasury Bond ETFSGOV-0.00  
Doubleline Commercial Real EstateDCRE-0.00  
Most Inversely Correlated
MicroSectors FANG+ -3X Invrs Lvrgd ETNFNGD-0.88  
Direxion Technology Bear 3X SharesTECS-0.89  
Proshares UltraShort QQQQID-0.94  
ProShares UltraPro Short QQQSQQQ-0.94  
ProShares Short QQQPSQ-0.94  
Direxion Daily S&P 500 Bear 1X SharesSPDN-0.96  
Proshares UltraShort S&P500SDS-0.96  
ProShares UltraPro Short S&P 500SPXU-0.96  
ProShares Short S&P 500SH-0.96  
Direxion S&P 500 Bear 3X SharesSPXS-0.97  
These 126 day (6 month) correlations can be considered short term, focusing on recent price movements.
Correlations are only calculated for actively traded funds. As of: 2024-11-15.


Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.








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