APTUS BUFFERED FUNDS
LOWER FEES FOR MORE UPSIDE
A Low Cost Buffer ETF Solution
Buffered ETFs offer investors a way to stay in the market with confidence, providing mitigation against a portion of potential losses while still allowing for meaningful gains. Designed to shield you from the first 15% of market downturns, these funds help reduce volatility while still allowing for some upside participation.
With a clear, defined outcome over a set period, the funds balance growth potential with downside risk management. We believe our Buffered ETFs are perfect for investors who want to pursue market growth but value capital preservation; our suite can improve client outcomes via lower fees.
How Our Buffered Funds Work
Total Return Potential
Through price appreciation from the S&P 500
Risk Mitigation
Through ownership of put options
Annual Outcome Period Resets
The Suite
JANB
APRB
JULB
OCTB
Outcome Period Data
Current as of 12/05/2025
Ticker |
Name |
Reference Asset |
Fund Price |
Fund Return |
Reference Asset Return |
Return Difference |
Reference Asset Return to Cap |
Remaining Cap |
Remaining Buffer |
Downside Before Buffer |
Remaining Outcome Period |
JANB |
Aptus January Buffer ETF | SPY | $25.44 | 1.76% | 3.42% | -1.66% | 0.14% | 1.28% | 15.53% | -0.55% | 25 |
APRB |
Aptus April Buffer ETF | SPY | $25.50 | 2.00% | 3.42% | -1.42% | 3.54% | 4.50% | 15.23% | -0.62% | 115 |
JULB |
Aptus July Buffer ETF | SPY | $25.50 | 2.00% | 3.42% | -1.42% | 6.78% | 7.79% | 15.17% | -0.68% | 206 |
OCTB |
Aptus October Buffer ETF | SPY | $25.47 | 1.88% | 3.42% | -1.54% | 9.99% | 11.17% | 15.22% | -0.74% | 298 |
Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized Return is the average return gained or lost by an investment each year over a given time period. Performance is annualized for periods greater than 1 year.
Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Short-term performance in particular is not a good indication of the fund’s future performance and an investment should not be made solely on returns.
Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price. NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day. The reference asset is the underlying security or index in which the fund’s FLEX option reference. A return is the gain or loss that an investment generates over time. Return difference is the difference between the fund’s return and reference asset return. The cap is the maximum potential return if held to the end of the current outcome period. Downside before buffer is the amount of Fund loss incurred before the buffer begins. An outcome period is the intended length of time over which the defined outcomes are sought.
A Fund will not terminate after the conclusion of the Investment Period. After the conclusion of an Investment Period with respect to a Fund, another will begin. There is no guarantee that the structured outcomes for an Investment Period will be realized.
The structured outcomes may only be realized if you are holding shares on the first day of an Investment Period and continue to hold them on the last day of that Investment Period. If you purchase shares after an Investment Period has begun or sell shares prior to an Investment Period’s conclusion, you may experience investment returns very different from those that the Fund seeks to provide. If the Investment Period has begun and the Fund has increased in value to a level near to the Cap (as defined below), an investor purchasing at that price has little or no ability to achieve gains but remains vulnerable to downside risks. Similarly, if the Investment Period has begun and the Fund has decreased in value beyond the pre-determined buffer (as described below), an investor purchasing shares at that price may not benefit from the buffer. There is no guarantee that a Fund will successfully achieve its investment objective.
Fund shareholders are subject to an upside return cap (the “Cap”) that represents the maximum percentage return an investor can achieve from an investment in a Fund for an Investment Period. Therefore, even though the Funds’ returns are based upon the Underlying ETF, if the Underlying ETF experiences returns for an Investment Period in excess of the Cap, you will not experience those excess gains. A Fund’s Cap may rise or fall from one Investment Period to the next. There is no guarantee that a Fund’s Cap will remain the same upon the conclusion of its Investment Period.
Buffered Loss Risk. There can be no guarantee that the Fund will be successful in its strategy to buffer against Underlying ETF losses if the Underlying ETFs share price decreases by 15% or less over the duration of the Investment Period. Despite the intended Buffer, a shareholder could lose their entire investment.
Capped Upside Risk. The Fund’s strategy seeks to provide returns that match those of the Underlying ETF for Shares purchased on the first day of an Investment Period and held for the entire Investment Period, subject to a pre-determined upside Cap. If an investor does not hold its Shares for an entire Investment Period, the returns realized by that investor may not match those the Fund seeks to achieve.