Aptus International Enhanced Yield ETF

Frequently Asked Questions About IDUB

What does IDUB invest in?

The Aptus International Enhanced Yield ETF (IDUB) is an actively managed fund that employs a distinctive, dual investment approach. Its core strategy integrates exposure to global equities with equity-linked notes (ELNs). Primarily, the fund allocates its assets to an "Equity Strategy" by investing in a selection of other exchange-traded funds. These underlying ETFs, in turn, hold shares of companies located outside the United States, covering both established (developed) and rapidly growing (emerging) international markets. The remaining portion of its portfolio is dedicated to an "ELN Strategy," which involves using equity-linked notes (ELNs) to generate income. Notably, IDUB is classified as a non-diversified fund.

What is the expense ratio of IDUB?

Aptus International Enhanced Yield ETF (IDUB) charges an expense ratio of 0.44%. This is the annual fee deducted from fund assets to cover management and operations.

What is IDUB's dividend yield?

IDUB's trailing-twelve-month yield is 4.89%, calculated from the sum of dividends over the past year divided by the current price.

How big is IDUB?

Aptus International Enhanced Yield ETF (IDUB) manages $506.6M 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 IDUB actively managed or an index fund?

IDUB is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (IDUB's is 0.44%) in exchange for the discretion to over- or under-weight positions.

When was IDUB launched?

Aptus International Enhanced Yield ETF (IDUB) launched in July 2021 and is managed by Aptus.