Aptus Fortified Value ETF

Frequently Asked Questions About FTVA

What does FTVA invest in?

The investment seeks to track the performance, before fees and expenses, of the Aptus Fortified Value Index (the "index"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index is a rules-based, equal-weighted index that is designed to gain exposure to 50 of the most undervalued U.S.-listed common stocks and real estate investment trusts ("REITs"), while hedging against significant U.S. equity market declines when the market is overvalued. The fund is non-diversified.

What is the expense ratio of FTVA?

Aptus Fortified Value ETF (FTVA) charges an expense ratio of 0.79%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FTVA?

Aptus Fortified Value ETF (FTVA) manages $34.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FTVA actively managed or an index fund?

FTVA is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (FTVA's is 0.79%) because there's no security selection cost.

When was FTVA launched?

Aptus Fortified Value ETF (FTVA) launched in October 2017 and is managed by the fund issuer.

How has FTVA performed?

FTVA's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.